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Bauchi Govt. presents N196.72bn budget for 2019

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Gov. Mohammed Abubakar of Bauchi State on Thursday presented N196.72 billion budget for the 2019 fiscal year to the state’s House of Assembly.

Abubakar, while presenting the appropriation bill tagged “budget of Continuity”,  said that N79.19 billion, representing 40 per cent, was for recurrent expenditure.

He also said that N117.52 billion, representing 60 per cent, was for capital expenditure.

He said that Health, Education, Agriculture, Water Supply, Youth and Women Empowerment and Infrastructure Development sectors  would be given priorities in 2019.

According to him, the 2019 budget is based on the benchmark of $60 dollars per barrel from the projection of 2.3 million barrels of oil per day.

He added that this was also based on an exchange rate of N305 to one dollar, as well as a robust and efficient system of Internally Generated Revenue (IGR) collection.

The governor said that the state government deliberately allocated ratio 40:60  of the budget to recurrent and capital expenditures to ensure development.

He said that attention would be given to the completion of ongoing capital projects and commencement of new ones that were crucial.

Abubakar said the recurrent revenue estimate  of N17.14 billion would  be generated from IGR and N108.39 billion as statutory allocation.

He noted that the recurrent revenue estimates comprised of N35.3 billion as personal cost and N26.39 billion as overhead cost.

The governor said that N17.48 billion for consolidated revenue fund charges was made up of N10 billion for pension and gratuity; N6.67 billion as public debt charges/debt servicing while N815.63 billion would be for the public servants’ salaries.

He said the government projected that the state would realise N71.18 billion from capital receipts, N550 billion as opening balance and N10.38 billion from internal loans.

He said that other capital receipts were N26 billion for external loans, N20.71 billion for aids and grants, and N13.53 billion for other capital receipts.

Under capital expenditure, he said that N10.57 billion was for administrative sector and N57.35 billion for economic sector.

He said that N41.75 billion would be for the social sector, N5.5 million to regional sector, while N2.32 million was for the law and justice sector respectively.

“We had purchased 1,000 units of power tillers, 500 units of tractors to further expand the agriculture sector.

“This is, especially, to empower the small scale farmers through Commercial Agricultural Credit Scheme Loans and rehabilitated three model farm training centres in the state,” he said.

He added that the state’s Ministry of Finance would give a breakdown of the entire budget and other policy guidelines of the government.

The governor urged the people of the state to support government policies and programmes to enable the state move forward.

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Business

Access Bank Group, Aig-Imoukhuede Foundation Pledge $300m to Transform Africa’s Economic Landscape

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“We can’t wait to be saved; Africans need to solve Africa’s problems. This $300 million commitment reflects this reality’’ – Aig-Imoukhuede

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Aig-Imoukhuede Foundation and Access Bank Group have pledged $300 million in charitable commitments over the next 20 years. Access Bank has committed $200 million and Aig-Imoukhuede Foundation committed $100 million.

President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.

This will fund African government initiatives with a proven potential to transform national economic performance.

Speaking about the commitment, Aigboje Aig-Imoukhuede, Chairman, Access Holdings and Co-Founder, Aig-Imoukhuede Foundation, said, “We can’t wait to be saved, Africans need to solve Africa’s problems. This $300 million commitment reflects this reality.”

President Paul Kagame, President of the Republic of Rwanda and Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC, at the Africa CEO Forum 2024 in Kigali…Thursday.

Appropriately, this announcement was made at the Africa CEO Forum 2024 in Kigali, Rwanda, where the theme of this year’s event is ‘At the table or on the menu?’. At the event, CEOs from across the continent joined to discuss how Africa can demand a seat at the global table, rather than continuing to wait to be invited.

The fund will see the creation of an African-led Super NGO in partnership with academics, experts and philanthropists across the globe who are committed to closing the gap between Africa and the rest of the world. The NGO will work with African governments to provide the funding, governance and talent required to successfully execute game changing government reform programs, especially in the delivery of digital public infrastructure.

The development comes at a time when Ajay Banga, President of the World Bank, has warned wealthy countries that it would be short-sighted to “ignore” Africa. This landmark Africa-led initiative could not have been better timed.

Aigboje Aig-Imoukhuede, Chairman, Access Holdings PLC and Co-founder, Aig-Imoukhuede Foundation and Ofovwe Aig-Imoukhuede, Co-founder, Aig-Imoukhuede Foundation, on the sidelines of the Africa CEO Forum 2024 in Kigali…Thursday.

“We African leaders cannot sit back and watch the 4th Industrial Revolution transform the rest of the world while leaving Africa falling further behind. We have to create our own ‘table’ by using technology to unlock the power of our youth, giving Africa a greater voice in the world. It’s today’s leaders who will determine whether or not we grab this opportunity,” Aigboje Aig-Imoukhuede continued.

The availability of digital public infrastructure is a proven and cost-effective way for developing nations to break free of the status quo. It provides citizens with access to the same public goods and services available to citizens of advanced nations.

The India Stack has become a shining example of what can be achieved when visionary public and private sector leaders partner for development.

The Access Bank and Aig-Imoukhuede Foundation inspired NGO will make such partnerships a reality and delivering measurable improvements to the lives of Africans across the continent.

Notes to Editor:
For media inquiries, please contact:
communication@aigafrica.org or +234 808 5716 788
mediarelations@accessbankplc.com or +234 803 320 4315

ABOUT THE AIG-IMOUKHUEDE FOUNDATION
The Aig-Imoukhuede Foundation is a public sector-focused philanthropic organisation founded by Aigboje and Ofovwe Aig-Imoukhuede to improve the lives of Africans through transformed public service delivery and increased access to quality primary healthcare. The Aig-Imoukhuede Foundation accomplishes its mission by supporting the reform initiatives of public sector entities, providing financing, technical support, and capacity-building programmes and resources for the public sector workforce. The Foundation also provides funding and strategic support to drive the work of affiliate organisations such as Africa Business Coalition for Health (ABC Health), the Private Sector Health Alliance of Nigeria (PSHAN), the Nigerian Solidarity Support Fund (NSSF) and others.

For more information, please visit www.aigimoukhuedefoundation.org.

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Halilu Tasks NASENI Finance Managers On Effective Resource Management

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Halilu Tasks NASENI Finance Managers On Effective Resource Management

AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu has underscored the importance of effective resource management, emphasizing the Agency’s responsibility in administering public funds for the benefit of Nigeria.

L-R: Coordinating Director, Engineering Infrastructure Directorate, NASENI, Prof Bagudu Gwandangaji; Support Officer/NASEN Desk Officer, OAGF, Mr. Mustapha Marafa; Deputy Programme Manager, System Support and Sustainability Directorate, OAGF, Mr. Jeremiah Asanato; Executive Vice Chairman/CEO of NASENI, Mr. Khalil Suleiman Halilu; Coordinating Director, Finance and Accounts, NASENI, Alh Ibrahim Baba Dauda; Coordinating Director, Science Infrastructure Directorate, NASENI, Prof Umaru Gaya during a one-day sensitization workshop on Government Integrated Financial Management Information System (GIFMIS) policy and guidelines for financial managers organised by the National Agency for Science and Engineering Infrastructure and the Office of the Accountant General of the Federation held at NASENI Headquarters in Abuja on Tuesday, May 14, 2024.

The EVC stated this while declaring open one-day sensitization workshop on Government Integrated Financial Management Information System (GIFMIS) policy and guidelines for financial managers of NASENI in collaboration with the Office of the Accountant General of the Federation (OAGF) held at the Agency’s headquarters in Abuja on Tuesday, May 14, 2024.

The workshop was  aimed at enhancing financial management practices for NASENI principal officers, directors, managing directors and accounting officers system-wide.

Urging the participants to take the workshop with all sense of purpose, the EVC/CEO called for accurate financial record-keeping and the adoption of innovative processes which remain integral in the GIFMIS policy. He stressed the significance of staff training and capacity development to ensure the discharge of duties to make NASENI a preferred public sector employer in Nigeria.

While warning staff on classified documents, Mr. Halilu said confidentiality in financial management is a crucial aspect and called for strict adherence to public service regulations regarding the integrity of official information.

He further emphasized the Agency’s 3Cs initiative of Collaboration, Creation, and Commercialization as NASENI’s core operating principles, expressing confidence in achieving the Agency’s goals in alignment with the Renewed Hope Agenda of President Bola Ahmed Tinubu.

The Deputy Programme Manager, System Support and Sustainability Directorate, OAGF, Mr. Jeremiah Asanato, giving overview of the GIFMIS, said it is aimed at integrating budgeting and government expenditure. He emphasized that the policy will help to address irregularities, corruption, and other fraudulent activities in government Ministries, Departments and Agencies (MDAs).

In his vote of thanks, Coordinating Director,Finance and Accounts, NASENI, Alh. Ibrahim Baba Dauda, appreciated all Finance and Accounts Directorate staff from across NASENI centres system-wide for attending the workshop. He challenged them to start thinking of making NASENI an independent revenue-generating agency.

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Entertainment

Modupe-Ola Shine Shine, Iya nKa-ola, Opeyemi Jemila Felicitate with Barrymade As She resume ISMAN National Amirah

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AJAGBE ADEYEMI TESLIM

SPONSORED BY: H&H

The Trio of Cosmetics giant, Alhaja Module-Ola Shine Shine, Nigerian Born America Base Islamic Star Artist, Alhaja Sofiat Iya NKa-ola and her counterpart, Alhaja Opeyemi Jemilat has Congratulated and Felicitate with the newly Amirah Suarai of ISMAN, Alhaja Modinat Ashabi a.k.a Barrytide, Omo Babae, Iyawo Babae, Iya Agbaye respectively. 

Report has it that Islamic Star Artist, Alhaja Modinat Ashabi Barrymade has been elected unopposed for the second term as the National Amirah Suarai of Islamic Musician Association. ISMAN. 

In her congratulatory Message, Alhaja Module-Ola Shine Shine Said Barrytide victory as the National Amirah Suarai is a round peg in a round hole, that is why she was elected unopposed praying that may her reign bring more succour into the Association.

On her own side Alhaja, Sofiat Iya Nkaola hearty felicitate with Amirah Suarai Claiming she has been a wonderful and lovely sister and a lover of peace and unity. 

Alhaja Opeyemi Jemila told August24news.com on behalf of sister in love that “we will all rally round her to give maximum support so as to deliver good leadership because we believe in her leadership style” says Jemilat Opeyemi

The Peacefully and well conducted Election took place on January 24 2024 in Ado-Ekiti, Ekiti state, Nigeria. 

Asabi will be inaugurated along side with the National President of ISMA, Alhaji AbdulAzeez Ibrahim Arafalujona at the prestigious Ikeja City Mall Lagos on Sunday 2024.

Other Elected officers that will join the inauguration ceremony Includes Office of the Secretary of ISMAN, Treasurer, Public relations Officers among others. 

Also Extending their felicitation to Alhaja Modinat Ashabi Barrytide is the sisters in love head by its Madam Mayor Alhaja Mujidat Lawal a.k.a Asbunallah respectively.

In a telephone interview with Alhaja Modinat Ashabi on her newly inaugurated office, Barrymade told news men that Welfare of its females members will be her priority. 

Barrytide, daughter of Fuji legend is no doubt an Icon in the field of Islamic Music, Event Moderator, Event Planner, Vocalist, Music Producer and the CEO of Barrytide Music company.

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