Lantewa, while praising the people of Yobe State for remaining in the opposition since 1991, said if they can work for the formation of a central government for the first time, the state would benefit maximally
Browsing: Dr. Yerima Ngama
While Ngama, Orubebe and Olubolade are believed to be gunning for the governorship of their states in 2015, Oduah had been involved in several scandals, the latest being the controversial purchase of two BMW cars for N225 million
Ngama said that the amount shared included N64.725 billion from Value Added Tax, N7.617 billion refunded by the Nigerian National Petroleum Corporation and N35.549 billion from SURE-P
According to the communiqué, N568.413 billion has been shared out to the three tiers of government as federal revenue generated for the month of October 2013
This followed a debate on a motion, entitled: “Over bloated revenue estimates in the 2013 budget”, sponsored by Senator Abdul Ningi (PDP-Bauchi) and 13 other senators on Thursday
He said in sourcing the balance of the fund, $7.95 million would be provided by the three tiers of government, while the balance of $42.05 million would be provided in kind by the benefitting communities
“The distributable statutory revenue was N483.482 billion, which was
below what was budgeted for the month by N111.282 billion
Ngama said that before President Olusegun Obasanjo left office, he set up a committee headed by Malam Nasir el-Rufai to devise ways of reducing the huge recurrent expenditure
The Coordinating Minister for the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, made this known while inaugurating the Ministry of Finance Implementation Committee on IPPIS/GIFMIS
The Minister of State for Finance, Dr. Yerima Ngama, told newsmen after the FAAC meeting that the distributable statutory revenue for the month was N623.76 billion