PMB Appoints Dead Man Chairman Board Of Nigerian Press Council

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December 30, 2017

President Muhammadu Buhari has approved the appointment of late Senator Francis Okpozo as the chairman Board of Nigeria Press Council, the former member, Board of Trustees of the All Progressives Congress, was on Friday named among the 1,467 chairmen and members of the Federal Government Boards approved by the President.

The announcement of the chairmanship and membership of the Boards was made by the Secretary to the Government of the Federation, Boss Mustapha.

Senator Francis Okpozo died on December 26, 2016, with Buhari issuing a statement of commiseration on December 27, 2016 to mourn his death. Okpozo was, however, on Friday named to the Board Chairman of the Nigerian Press Council.

In December 2016, Buhari morned the death of Sen. Francis Okpozo and expressed his condolences to the government and people of Delta State on the death of Chief Francis Okpozo.

The statement was released by presidential spokesman, Femi Adesina, through which President Buhari commiserated with “the family and friends of the late senator.

Until his death, Late Okpozo was a Second Republic senator and member of the Board of Trustees (BoT) of the All Progressives Congress (APC).

Okpozo was, however, on Friday named to the Board of the Nigerian Press Council.

Tax: EFCC recovers N27.7b from six banks

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Lola Adesokan

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December 29, 2017

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The Economic and Financial Crimes Commission (EFCC) has recovered over N27.7billion from six banks being unremitted withholding tax on dividends.

Also, about seven more banks were said to be on the radar of the anti-graft agency for similar infractions.

According to a fact-sheet obtained by our correspondent, the EFCC is expecting recovery of more withholding tax.

None of the banks could be reached for comments last night.

The document reads: “The Economic and Financial Crimes Commission (EFCC) has recovered a staggering sum of N27, 712,334,455.06 as withholding tax on dividends payment by six Nigerian banks.”

“The recovery by the Bank Fraud Section of the Lagos office of the Commission was made through direct intervention by the Commission and indirectly through the assistance of the Federal Inland Revenue Service (FIRS), the Internal Revenue Service (IRS) of some states as well as the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC).

One bank allegedly accounted for more than 80 percent of the amount as N26, 468,223,358.24 was recovered from the bank between November and first week of December, 2017.

“Of the sum, the EFCC directly recovered N4, 207,235,701.06 from the bank, while N22, 260,987,657.24 came through the intervention of FIRS, the Lagos State Internal Revenue Service, the Internal Revenue Service of other states and the RMAFC.

“The balance of N1, 244,111,097.43 was recovered from the other five banks. The investigation is still on going.

“Seven other banks are currently under the Commission’s radar with respect to withholding tax on dividends.

“We are certain to record more recovery by the time the investigation is completed”.

Yusuf Buhari’s Health : heavily armed security operatives on guard.

By

Lola Adesokan

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December 28, 2017

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Latest’s report has it that armed security men are seen surrounding the hospital where President Buhari only son Yusuf Buhari is receiving treatment after bike accident.

Yusuf Buhari’s health condition is not as light as the presidency took it, Yusuf suffered internal brain injury on Tuesday after his power bike crashed in Gwarimpa area of Abuja. Though he was treated for minor head injury at a private clinic in the FCT, confirmed source said he is in the process of being flown to the United Kingdom for more surgical operation after doctors discovered internal bleeding caused by traumatic head injury Yusuf who had one of his limbs broken in the horrific crash is still at Cedarcrest Hospital, a private clinic in Gudu district currently surrounded by heavily armed security operatives.

The source said Yusuf will be secretly moved into Aso Rock clinic tonight from where he is expected to be flown out of the country secretly for advance surgical treatment in the United Kingdom.

Customs Exceeds 2017 Revenue Targets, Generates N1.1trillion.

By

Lola Adesokan

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December 28, 2017

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With less than five working days to the end of the year, the Nigeria Customs Service (NCS) has announced a revenue generation of N1,012,259,006,779.74 for the year 2017.

Addressing newsmen in Abuja, the Service national image maker, DC Joseph Attah said the achievement was recorded despite the economic recession and the continued policy on 41 items on the list.

In his words , “This spectacular performance in revenue collection shows N241,685,276,289.74 over the N770,573,730,490 target for the year and well above the N898,673,857,431.07 collected in 201 6.

“Despite the economic recession experienced earlier in the year with low volume of imports, occasioned by restriction placed on 41 items from accessing forex, the Comptroller-General of Customs, Col. Hameed Ibrahim Ali (Rtd) undertook some strategic measures in terms of restructuring and repositioning the Service for efficient service delivery which resulted in this historic revenue figure from the Service this year”

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