• Advertise
  • Opinion
  • Features & Interviews
  • Investigation
  • Contact
Monday, May 16, 2022
  • Login
No Result
View All Result
NEWSLETTER
The Lagos Today
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Veteran Nigerian Actor, Gbenga Richards Is Dead

    Veteran Nigerian Actor, Gbenga Richards Is Dead

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

    World Cup Playoffs: Super Eagles Hold Black Stars To Goalless Draw

    World Cup Playoffs: Super Eagles Hold Black Stars To Goalless Draw

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

    Bookstores in Lagos

    Love Reading? See The Best Bookstores In Lagos

    Event Centre

    Event Centres in Lagos

    Lounges and bars in Lagos? Here are five exciting spots to try out

    Lounges and bars in Lagos? Here are five exciting spots to try out

  • Things To Do
  • Home
  • News
    • Lagos News
    • National News
    • World News
  • Entertainment⚡ by CRAWL
    • All
    • Art & Design
    • Books
    • Movie
    • Music
    • Sports
    Veteran Nigerian Actor, Gbenga Richards Is Dead

    Veteran Nigerian Actor, Gbenga Richards Is Dead

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    AGN To Contact Genevieve Nnaji Amid Rumoured Mental Illness

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    I Enjoy Inner Peace Being Engaged To Mr Eazi – Temi Otedola

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Legendary Musician, Orlando Julius Dies in the Arms of Wife

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    Singer, Mr Eazi, Proposes To Femi Otedola’s Daughter, Temi

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    WurlD, Lady Donli, Pretty Boy D-O, & More to Headline First Ever Alte Culture Festival in Lagos

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    Cubana Chief Priest Arrested By EFCC Over Fraud Few Weeks After Obi Cubana’s Arrest

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    FIFA Bans Abuja MKO Abiola Stadium From Hosting Int’l Matches

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

    BREAKING: Nigeria Crashes Out Of World Cup Qualifier After 1-1 Draw With Ghana

    World Cup Playoffs: Super Eagles Hold Black Stars To Goalless Draw

    World Cup Playoffs: Super Eagles Hold Black Stars To Goalless Draw

  • Opinion
  • Business
  • Features & Interviews
  • Best Of Lagos
    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Exploring Lagos’ Gastronomy With Chef Priyank Singh of Hard Rock Cafe

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    Olu Oyinsan- Saying Yes To Founders At The Early Stage

    A Rare Hobby: Sports Fishing In Lagos

    A Rare Hobby: Sports Fishing In Lagos

    Chef Nkesi- Experiencing Different Cultures Through Food

    Chef Nkesi- Experiencing Different Cultures Through Food

    Wumi Jubril: Creating Memorable Experiences

    Wumi Jubril: Creating Memorable Experiences

    Nordic hotel

    Nordic Hotel Makes Grand Debut in Lagos

    Bookstores in Lagos

    Love Reading? See The Best Bookstores In Lagos

    Event Centre

    Event Centres in Lagos

    Lounges and bars in Lagos? Here are five exciting spots to try out

    Lounges and bars in Lagos? Here are five exciting spots to try out

  • Things To Do
No Result
View All Result
The Lagos Today
No Result
View All Result
Home National

Governors Okay Financial Autonomy For State Legislature, Judiciary

by Chinonso Ihekire
July 15, 2021
in National
2 min read
0
0
Governors Okay Financial Autonomy For State Legislature, Judiciary
Share on FacebookShare on Twitter

The Nigerian Governors’ Forum has agreed to a uniform template for the implementation of the Memorandum of Action on financial autonomy for state legislatures and judiciary.

This was disclosed by the Chairman of the Forum and Ekiti State Governor, Kayode Fayemi, in a statement on Thursday night, in Abuja, after its 32nd teleconference meeting, according to the News Agency of Nigeria.

The NGF stated that the template was endorsed by the  Judiciary Staff Union of Nigeria (JUSUN) and the Parliamentary Staff Association of Nigeria (PASUN) to facilitate the implementation of financial autonomy for the State legislatures and judiciary, following a meeting comprising of State Attorney Generals and the Commissioners of Finance held on June 25, 2021.

However, they had concerns over other policy matters including the proposed amendments to the Principal Stamp Duties Act by the Senate, which they say removes the powers to administer and collect stamp duties from the Federal Inland Revenue Service or their State counterparts, depending on the nature of the transaction, to the Nigeria Postal Service.

“The provisions of Section 163 of the 1999 Constitution requires that Stamp Duties on transactions between a company and an individual should be paid to the FIRS and returned to the state of derivation,” the NGF added.

On the Petroleum Industry Bill, the NGF added that it fully supports the unbundling and commercialization of the Nigeria National Petroleum Corporation (NNPC), but had concerns over the proposed ownership structure of the NNPC, which the FG controls.

“The NGF recommends that given that the corporation is owned by the three tiers of government, NNPC Limited, the newly incorporated entity, should be owned by a vehicle that holds the interest of the three tiers of government.

“For now, the institution that is positioned to carry out this mandate is the Nigeria Sovereign Investment Authority (NSIA).

“This amendment, as well as the proposed 3% share of oil revenue to host communities and 30% share of profit for the exploration of oil and gas in the basins, will be responded to at relevant channels, including the National Assembly and the National Economic Council (NEC),” NGF said.

Recall Nairametrics reported in April that the Governors’ Forum, Conference of Speakers of State Legislature, and other governance stakeholders announced that they reached a resolution over the implementation of financial autonomy for State Legislature and Judiciary.

Members of the Judicial Staff Union of Nigeria (JUSUN), and the Parliamentary Staff Association of Nigeria (PASAN) had gone on strike over the implementation of the judicial financial autonomy in a bid to draw attention to their demands.

Follow us on social media
  • Facebook
  • Twitter
  • Instagram

Share this:

  • Twitter
  • Facebook

Like this:

Like Loading...
Tags: Financial autonomyJudiciaryNigerian governor’s forumState legislature
Previous Post

Covid-19: UNILAG Closes Hostels, Switches To Virtual Learning

Next Post

Dogecoin Plummets as Co-founder Slams Cryptoverse

Chinonso Ihekire

Chinonso Ihekire

Related Posts

Passengers Will Have To Provide Their NIN Before Purchasing Tickets- NRC

Abuja-Kaduna Train Abduction: Negotiations Deadlocked, FG To Seek Foreign Assistance

by Segun Adewunmi
May 16, 2022
0

There are indications that negotiations between the Federal Government and the abductors of no fewer than 68 Abuja-Kaduna train passengers...

NIN: NIMC Officials Begin Strike Over Exposure to Covid-19

Strike Won’t End Soon As No Agreement With FG Yet – ASUU, SSANU, NASU

by Idonosan Debe
May 16, 2022
0

The Academic Staff Union of Universities (ASUU) and the Joint Action Committee of the Non-Academic Staff Union of Educational and...

Next Post
YouTuber Tributes Elon Musk By Sending Dogecoin To Space

Dogecoin Plummets as Co-founder Slams Cryptoverse

Please login to join discussion

Recommended

Only Strategic Preparedness Can Save Us from Emerging Infectious Diseases – Sanwo-Olu

Sanwo-Olu Says Lagos Rail Projects Will Be Ready 2022, Not 2023

8 months ago
FG Moves To Review Relations With Indonesia Over Assault on Diplomat, Seeks Sanctions

Anger as Nigerian diplomat manhandled in Indonesia

9 months ago

Popular News

    Newsletter

    Connect with us

    Tags

    #EndSARS #EndSARS Protests 2023 Elections 2023 polls 2023 Presidency ACCIDENT APC Babajide Sanwo-Olu Bitcoin CBN Central Bank of NIgeria China Coronavirus pandemic Covid-19 Covid-19 in Lagos Covid-19 in Nigeria Covid-19 Vaccine Covid-19 Worldwide Cryptocurrency Donald Trump Dubai EFCC Federal Government Federal Government of Nigeria Fraud Gov. Sanwo-Olu Insecurity Lagos state Lagos State Government Lagos State Police command LASEMA Latest jobs in lagos Lekki Lekki Tollgate Shooting Muhammadu Buhari Murder NDLEA Nigeria Rape Russia SARS Strike action UK United states US

    News

    • Business
    • National
    • Politics
    • Tech

    Opinion

    • Editorials
    • Today’s Opinion
    • Letters
    • Sunday Review
    • Advertise
    • Opinion
    • Features & Interviews
    • Investigation
    • Contact

    © 2020 The Lagos Today - Nkali.

    No Result
    View All Result
    • Home
    • News
      • Lagos News
      • National News
      • World News
    • Entertainment
    • Opinion
    • Business
    • Features & Interviews
    • Best Of Lagos
    • Things To Do

    © 2020 The Lagos Today - Nkali.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Create New Account!

    Fill the forms bellow to register

    All fields are required. Log In

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    %d bloggers like this: