TEMITOPE AJAYI
That FAAC will share almost N2trillion in July, the first time in history, as revenue for the three tiers of government, is an immediate and major benefit of fuel subsidy removal. This money that would have been frittered away, in a month, via fuel subsidy will now go into the coffers of government to improve living conditions of the people.
What this means is that there will now be more money available for real development. States and Local Governments will have enough money to pay salaries of workers and pensioners. Government at all levels will become more solvent, be in a stronger financial position to easily pay new minimum wage and fund development in critical sectors especially in education, healthcare and public transportation.
Going forward, we should begin to focus attention on our states and local governments to demand more accountability and transparency in the use of public fund. The real governance impact should be at the State and local levels.
CYRIACUS IZUEKWE A 27-year-old man, Ovie Michael, was on Tuesday arraigned before an Ojo Magistrate…
The Head of the Women’s Wing of Africa Blue Economy Roundtable - ABER, Barr. Sophie…
UGOCHUKWU UGWUANYI People are usually skeptical of organisations - a disposition that lingers until they’ve…
CYRIACUS IZUEKWE A 28-year-old man, Idris Kelani, has been remanded in prison following his arraignment…
WISDOM ONIEKPAR IKULI The title of this piece is coined from the story of Israelites…
The Executive Chairman of Ojodu LCDA, Lagos State, Hon Segun Odunmbaku, has called on youths…