News
Experts Urge States to Focus on Revenue Generation, Fiscal Transparency
…Extol Sokoto for performance
Public Finance experts, and business analysts have urged Nigerian States to focus more on internal revenue generation rather than waiting on the Federal Government to allocate funds to them.
This was part of the conclusion reached at the January 2021 CIAPS Roundtable tagged “Fiscal Transparency Accountability and Sustainability of Nigerian States”. The event hosted by the Lagos based international Graduate school CIAPS had participants from across the 36 States for the federation and from outside Nigeria discussed how Nigerian States were doing in terms of budgeting, revenue, debt management and fiscal responsibility.
Lead discussants at the CIAPS Roundtable included Ayo Teriba, CEO Economic Associates, Phillip Isakpa, Executive Director Businessnewscorp and Yemi Kolapo Editor In Chief at The Point Newspaper, the event was chaired by Anthony Kila.
Dr Ayo Teriba lead the conversation and opend by disagreeing with the general concept introduced by Prof Anthony Kila that many Nigerian States were not financially viable. According to Teriba every State in Nigeria has the potential for being viable, it is just about having the right leadership that can identify how to generate wealth. Teriba noted that too little is being done by States to generate investments and that no Nigerian State has a portal dedicated to attracting and guiding investors. He listed the Economy, Natural Capital, Human Capital and Governance as the four levers that the states need to push on to generate revenue.
In analysing the Fiscal Transparency Accountability and Sustainability of States, Mr Philip Isakpa noted that generally speaking too many individuals and businesses are focused on the Federal Government instead of looking at what states are doing. He called on all to be more vigilant of and involved with States Government. Philip Isakpa agreed with Anthony Kila that the tying grants to fiscal responsibility is a very good move that allows citizens and businesses to know and access which States were doing well and which ones were doing badly.
Ms Yemi Kolapo sounded a note of caution warning that while the performance conditioned grant was a good thing, we should be careful to make sure that States are actually doing good things and they are not just working the books to get funds.
Prof Kila invited the media and other observers to provide information of the States doing well and those doing badly in terms economic management and fiscal responsibility. “We need to know who are the performers and who are the bench warmers” noted Kila.
The federal government early January disbursed N123.34 billion performance-based grant to eligible states under the World Bank supported states fiscal transparency, accountability and sustainability (SFTAS) programme for results.
Mrs. Zainab Ahmed, minister of finance, budget and national planning, announced then that Sokoto state received the highest amount of N6.612 billion while Kano state got the lowest amount of N1.710 billion. Bayelsa, Imo, Rivers and Zamfara States got zero allocation due to their inability to meet the 2019 eligibility criteria which required States to publish online approved annual budgets and audited financial statements within a specific timeframe.
In separate interviews many of the experts that participated at the event urged all states to focus on Revenue Generation and Fiscal Transparency and to learn from Sokoto State that was able to lead the table of performing states. Rotimi Olarewaju a financial analyst noted that Sokoto state must be praised and used as an example for other States since it is showing others that wining the World Bank performance-based grant is possible.
The Federal Road Safety Corps (FRSC) has emerged as the Best Road Safety Agency in Africa. This monumental achievement corroborates the Corps’ almost four decades of dedication, resilience and passion towards safeguarding lives on Nigerian roads.
The Corps, according to a statement made available to the National Association of Online Security News Publishers (NAOSNP), received the award at the 3rd edition of the Kofi Annan Road Safety Award held in Elzuwini in the Kingdom of Eswatini, South Africa between 14th and 15th of April 2025.
You may recall that Kofi Annan Road Safety Award was initiated by the Office of the United Nations Secretary General’s Special Envoy on Road Safety in collaboration with Kofi Annan Foundation to immortalize the contributions of African illustrious son Kofi Annan who served as the Secretary General of the United Nations.
The prestigious Road Safety Management Award represents a badge of honour for Nigeria, and a pure testament of President Bola Ahmed Tinubu’s commitment to unflinching support for the Federal Road Safety Corps and his believe in the Corps’ potential to serve as a model for other African nations. Indeed, FRSC’s tireless efforts to reduce road crashes and promote safe driving practices have paid off, earning recognition across the continent.
The recognition further speaks volume, as well as justifies the giant strides Nigeria has made in ensuring safety of road users and her leadership role in the Sub-region.
Reacting to the recognition, the Corps Marshal, Shehu Mohammed said that it is a testament to FRSC’s unrelenting passion for road safety. He thanked the entire community of the motoring public, stakeholders, partners, and the Nigerian people for their support. Emphasising that together, the Corps was able to achieve the enviable feat because of the collective energy and all round support received from the motoring public.
The Corps Marshal also revealed that FRSC’s winning formula includes, innovative strategies, implementing cutting-edge road safety initiatives that drive results, collaboration, fostering partnerships with stakeholders to promote road safety awareness, community engagement, educating the public on safe driving practices, full deployment of technology and road safety protocols.
The award was received on behalf of the Corps and the Federal Republic of Nigeria by the Principal Staff Officer to the Corps Marshal ACM Meshach Adigizi Jatau.
A Chief Magistrate in the Rivers State Judiciary, Mr. Ejike George, has resigned his appointment.
He hinged his decision on the unease over the appointment of a Sole Administrator to oversee the affairs of the State.
His resignation was contained in a letter dated April 11, 2025, and addressed to the Honourable Chief Judge of Rivers State through the Secretary of the Rivers State Judicial Service Commission.
The letter was titled “Voluntary Retirement From Service.”
George, who disclosed that he had put in 16 years in the judiciary, said the appointment of a Sole Administrator is tantamount to a “quasi-military administration.”
He expressed dismay over the direction of the governance of the State, which he said is “alien” and “antithetical” to the values of the legal profession.
The statement read: “This present is intended to convey my decision to voluntarily retire my appointment as Magistrate of the Judiciary of Rivers State.
“This difficult and regrettable decision is informed largely by my discomfort with the recent appointment of a quasi-military administration to run the affairs of a modern state like ours.
“Milord will agree with me that this type of governance system is not only alien but also runs antithetical to our hallowed profession as legal practitioners and adjudicators.
“Having put in a whopping 16 (sixteen) out of my 22 (twenty-two) years of legal practice into this Judiciary as Magistrate under successive democratic administrations, I find it difficult to work with the current setting, as doing so would amount to a tacit and naive acquiescence.
“Thanks Milord, for the opportunity to serve.”
The Federal Capital Territory (FCT) Police Command has launched a manhunt following the theft of a black Toyota Hilux vehicle belonging to the Office of the National Security Adviser (ONSA), Nuhu Ribadu, which was stolen during Friday’s Juma’at prayers in Abuja.
Reports said that the vehicle was parked around 1:05pm opposite the Abuja Municipal Area Council (AMAC) complex in Area 10, while the official attended prayers at a nearby mosque.
Security source, Zagazola Makama, disclosed the incident via his X (formerly Twitter) handle, revealing that the ONSA official returned from the mosque only to find the vehicle missing.
According to him, a sources said the theft was immediately reported to the Garki Police Division at approximately 2:00pm, leading to a swift response by law enforcement.
Meanwhile, the FCT Police Command promptly activated a stop-and-search operation at various checkpoints and across all entry and exit points in the capital city.
Police authorities confirmed that investigations are ongoing and all efforts are being made to apprehend the culprits and recover the vehicle.
The Command said it had intensified efforts to track down the fleeing suspects and recover the stolen Hilux.
