Headline

Tinubu has not approved salary increase for political office holders – Alake

Published

11 months ago

June 23, 2023

President Bola Tinubu has not approved any salary increase for political and judicial office holders, a spokesperson has said.

Dele Alake, a spokesperson for the president, was reacting to a statement credited to an official of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) that a 114 per cent salary increase has been approved for political office holders.

Mr Alake did not deny that the RMAFC made such a proposal but said it could not come into effect unless approved by the president.

“While we recognise that it is within the constitutional remit of Revenue Mobilisation, Allocation and Fiscal Commission to propose and fix salaries and allowances of political office holders and Judicial Officers, such can not come to effect until it has equally been considered and approved by the President,” he wrote in a statement.

Many Nigerians have criticised the proposal at a time citizens are being asked to adjust to increased prices of goods and services as a result of government policies such as the removal of subsidy on petrol.

NO PRESIDENTIAL APPROVAL FOR SALARY INCREASE FOR POLITICAL OFFICE HOLDERS AND JUDICIAL OFFICERS

We have followed with consternation the viral story of the purported 114% increase in the salary of the President, Vice President, elected Federal and State political office holders and judicial officers.

We state without any equivocation that President Bola Tinubu has not approved any salary increase, and no such proposal has been brought before him for consideration.

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While we recognise that it is within the constitutional remit of Revenue Mobilisation, Allocation and Fiscal Commission to propose and fix salaries and allowances of political office holders and Judicial Officers, such can not come to effect until it has equally been considered and approved by the President.

It is important to note that RMAFC, through its Public Relations Manager, has responded to this fake story being circulated and has already set the record straight.

However, that this unfounded story gained prominence on social media and in a section of mainstream media, again, brings to the fore the danger fake news poses to the society and our national well-being. The misinformation was, obviously, contrived to create ill-will for the new administration, slow down the upward momentum and massive goodwill the Tinubu-led administration is currently enjoying among Nigerians as a result of its fast paced, dynamic and progressive policies.

It is important to reiterate to journalists, media managers, and members of the public that stories on government activities and policy issues that do not emanate from approved official communication channels should be ignored.

Media practitioners are enjoined to, at all times, cross-check their stories to ensure accurate reportage, which is the hallmark of responsible journalism.

Dele Alake
Special Adviser, Special Duties, Communications & Strategy

Headline

EFCC bars dollar transactions, orders embassies to charge in naira

Published

4 days ago

May 11, 2024

Desmond Ukafor

The Economic and Financial Crimes Commission has barred foreign missions based in Nigeria from transacting in foreign currencies and mandated them to use Naira in their financial businesses.

The EFCC has also mandated Nigerian foreign missions domiciled abroad to accept Naira in their financial businesses.

The anti-graft agency said the move is to tackle the dollarisation of the Nigerian economy and the degradation of the naira

The Commission, therefore, asked the government to stop foreign missions in Nigeria from charging visa and other consular services in foreign denominations.

The EFCC gave the advisory in a letter to the Minister of Foreign Affairs, Amb. Yusuf Tuggar, for onward transmission to all foreign missions in the country.

In the letter, the EFCC said it issued the advisory because the practice of paying for consular services in dollars was in conflict with extant laws and financial regulations in Nigeria.

In a letter dated April 5, 2024, which was addressed to the Minister of Foreign Affairs, Ambassador Yusuf Tuggar, titled: “EFCC Advisory to Foreign Missions against Invoicing in US Dollar,” the EFCC Chairman, Ola Olukoyede expressed dismay over the invoicing of consular services in Nigeria by foreign missions in dollars.

The EFCC cited Section 20(1) of the Central Bank of Nigeria Act, 2007, which makes currencies issued by the apex bank the only legal tender in Nigeria.

The letter read, “I present to you the compliments of the Economic and Financial Crimes Commission, and wish to notify you about the commission’s observation, with dismay, regarding the unhealthy practice by some foreign missions to invoice consular services to Nigerians and other foreign nationals in the country in United States dollar ($).

“It states that ‘the currency notes issued by the Bank shall be the legal tender in Nigeria on their face value for the payment of any amount’.

“This presupposes that any transaction in currencies other than the naira anywhere in Nigeria contravenes the law and is, therefore, illegal.”

The commission further stated that the rejection of the naira for consular services in Nigeria by certain missions, along with non-compliance with foreign exchange regulations in determining service costs, is not just unlawful but also undermines the nation’s sovereignty embodied in its official currency.

The letter continues: “This trend can no longer be tolerated, especially in a volatile economic environment where the country’s macroeconomic policies are constantly under attack by all manner of state and non-state actors.

“In light of the above, you may wish to convey the commission’s displeasure to all missions in Nigeria and restate Nigeria’s desire for their operations not to conflict with extant laws and regulations in the country.”

Diplomatic sources said yesterday, May 10, that some embassies were wondering whether the EFCC’s advisory represented the position of the Federal Government.

Headline

Prince Harry visits sick Nigerian soldiers in Kaduna

Published

4 days ago

May 11, 2024

Alero Danjuma

Prince Harry and his team visited the 44 Nigerian Army Reference Hospital in Kaduna to interact with wounded soldiers who are receiving treatment.

The Duke of Sussex is in Nigeria with his wife to champion the Invictus Games, which Harry founded to aid the rehabilitation of wounded and sick servicemembers and veterans.

Nigeria joined the Invictus Community of Nations in 2022 becoming the first African country to join.

Prince Harry’s visit to Kaduna came 68 years after his late grandmother Queen Elizabeth II visited the state during the time of the late Premier of Northern Region Sir Ahmadu Bello.