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State Govt Takes Over Control OF IGR For LGAs, Sign MOU



The Imo State Government has signed a Memorandum of Understanding, MoU, with the 27 Interim Management Committee, IMC, Chairmen of the Local Government Areas in the state on a new policy of the state government collecting revenues on behalf of the Local Government Areas. The policy is said to provide measures at improving Internally Generated Revenue, IGR, of the state.

In a meeting with the council chairmen at the State Secretariat Owerri, the Commissioner of Finance, Chuck Chukemeka, said the MoU is in the right direction so as to move the state forward and increase the IGR of the state, insisting that the Covid-19 pandemic which affected world economy has made it necessary to look inwards and maximize the IGR potentials of the state.

Speaking further, the Commissioner said that the MoU is Mon overdue as Governor Hope Uzodimma has already set up a six-man committee, comprising of three men from the LGAs and the state government respectively, to harmonize and work out a modality to ensure that all revenues accruing to state are captured, saying this synergy has become necessary as the LGAs stand to gain and improve their own revenues.

In his words: “My happiness is that the documents (MoU) have been signed by the IMC Chairmen and Chairman of all Chairmen. It goes to show the level of cooperation between the state and the LGAs.”

Also speaking at the meeting, the Special Adviser to the Governor on Local Government and Chieftaincy Affairs, Chief Ruby Emele, commended the council chairmen for their understanding and cooperation, saying that the MoU means so much for the state government.

She said that there will be a technical and sensitization meeting to further harmonize ideas that will raise the revenue of the state urging all to support the good intentions of the government.

Present at the meeting were the Commissioner of Commerce and Industry, Chairman Imo Revenue Service, IRS, Special Adviser to the governor on Internally Generated Revenue, IGR, Special Adviser to the governor on Finance, Chairman of all Chairmen amongst others. They all pledged to work in tandem to actualize the objectives of the MoU and to ensure that the process was transparent.

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Farmers/Herders clash: “pass anti-grazing bill”, SDP advises state government.



The Social Democratic Party (SDP) has advised State governments to pass the Anti-Grazing Bill into Law to tackle the constant farmers/herders conflicts across Nigeria.

The Party’s National Publicity Secretary, Mr Alfa Mohammed, gave the advice in a statement in Abuja on Tuesday.

Also he urged the state governors to set up Ministries of Internal Security and Conflict Resolution to deal with the activities of aliens in states.

In his words, “It is high time the [governors] start taking bold steps toward securing the lives of their citizens who are being kidnapped, raped, maimed or killed on a daily basis by marauding Fulani herdsmen who are mostly foreigners.

“The governors must remind themselves that the 1999 Constitution makes security and welfare of the people the primary purpose of their governments and confers upon them Chief security officers of their various states.

“This makes them accountable for security lapses suffered by their subjects in their various states.”

Also Read:Fulani Herdsmen Ultimatum: Sunday Ighoho responds to his arrest order by Presidency

Mohammed also added, “The Governors’ Forum should set up an investigative panel to investigate, among other things those who are responsible for the unrestrained influx of foreign bandits and herdsmen into Nigeria in the last 6 years.

“So that any ethnic leader who’s found to be aiding criminality among his people can be replaced and prosecuted.”

Mohammed also lauded state governments who have taken bold steps to establish their local security outfits and pass the Anti-Open Grazing Bill.

Recall that some states, for instance Oyo and Benue, have passed the Bill into law already.

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CBN lending rate still at 11.5%



The Governor of the Central Bank of Nigeria, Godwin Emefiele has disclosed that CBN will retain her Monetary Policy Rate at 11.5 per cent.

This was disclosed in Abuja, after a two-day meeting held by the Monetary Policy Committee on Tuesday.

It also retained the Cash Reserve Ratio – CRR and Liquidity Ratio – LR at 27.5 percent and 30 percent respectively.

These rates are the rates the Monetary Policy Committee (MPC) maintained at its last meeting in November, 2020

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Okigwe Senate: Chikwem Onuoha Again assures Effective Representation, Consults With IMC, Councilors


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Buhari appoints new Service Chief – Femi Adesina



Following the clamour to replace the Service chiefs that had been appointed by the president since 2015, The President of the Federal Republic of Nigeria, Major General Muhammadu Buhari (retd.) has responded by accepting the resignation of the service chiefs.

Read Also: Buhari Approves Acting DG for NDE Against Senate’s Position

This was disclosed in a statement titled, ‘President Buhari appoints new service chiefs, read by the Special adviser to the President on Media and Publicity, Femi Adesina.

It read, “President Muhammadu Buhari has accepted the immediate resignation of the Service Chiefs, and their retirement from service“.

Those involved are:

  1. Chief of Defence  –  Staff, General Abayomi Olonisakin
  2. Chief of Army Staff – Lt-Gen. Tukur Buratai
  3. Chief of Naval Staff – Vice Admiral Ibok Ekwe Ibas
  4. Chief of Air Staff, Air Marshal Sadique Abubakar.

Read Also:  Stop Buhari from selling national assets, National Assembly urged

The new Service chiefs are:

  1. Major-General Leo Irabor –  Chief of Defence Staff
  2. Major-General I. Attahiru – Chief of Army Staff
  3. Rear Admiral A.Z Gambo – Chief of Naval Staff
  4. Air-Vice Marshal I.O Amao –  Chief of Air Staff.

“President Buhari thanks the outgoing Service Chiefs for what he calls their ‘overwhelming achievements in our efforts at bringing enduring peace to our dear country,’ wishing them well in their future endeavours

“The President congratulates the new Service Chiefs, and urges them to be loyal and dedicated in the discharge of their responsibilities.”

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