Daud Olatunji In a substantial allocation of national resources, the Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.354 trillion as the June 2024 Federation Accounts Revenue to the Federal Government, States, and Local Government Councils across Nigeria. This was disclosed at the July 2024 FAAC meeting, chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, in Abuja. According to a communique issued by FAAC on Tuesday, the N1.354 trillion distributable revenue comprises multiple revenue streams: N142.514 billion from statutory revenue, N523.973 billion from Value Added Tax (VAT), N15.692 billion from Electronic Money…
Author: Platform Times Newspaper
Daud Olatunji The former Nigerian High Commissioner to the United Kingdom, Ambassador Tunji Sarafa Isola, has pinpointed a severe trust deficit as a primary impediment to Nigeria’s national development. In a compelling discourse, he called for a national shift towards cultivating trust among citizens to pave the way for substantial growth and progress. Ambassador Isola voiced his concerns during a public discussion hosted by the Department of Mass Communication at Olabisi Onabanjo University (OOU), Ago-Iwoye. The event, held in collaboration with the Nigeria Union of Journalists (NUJ) and the Nigerian Institute of Public Relations, centered on the theme “Trust and…
Olasunkanmi Olajide, Joy Adeyiga & Femi Dansu The Pro-Chancellor and Chairman of the Governing Council, Federal University of Agriculture, Abeokuta (FUNAAB), Oba Abdur-Rasheed Ayotunde Olabomi, Odundun IV, the Aragbiji of Iragbiji Land, who assumed duties on campus on July 15, 2024, revealed that the dam in the University was the largest he has seen in any Nigerian university. During a familiarisation Tour of the University’s facilities, the highly revered monarch expressed his admiration, even as he commended the University Management for the diligent maintenance of the dam. The University’s 8th Pro-Chancellor highlighted the significant investment of both…
Babcock University Alumni Association (BUAA) has signed a Memorandum of Understanding (MoU) with Education Advancement Support Services (EASS) to develop an online platform aimed at enhancing alumni engagement and fundraising for the university. The agreement outlines that EASS will create and manage the online platform, Konnect, which will facilitate data importation, web front-end customization, and administration for BUAA. During the MoU signing ceremony, attended by university principal officers and officials from BUAA and EASS, Babcock University’s President/Vice Chancellor, Professor Ademola Tayo, expressed confidence in the mutual benefits of the partnership. He emphasized the importance of EASS reaching out to alumni…
…Recounts Harrowing experiences …Praises Gov Abiodun For Pardon …Govs, Amnesty, Monarchs’ Intervention Needed — Evangelist Wole Badejo Sodiq Mojibola In a gripping tale of survival and resilience, Johnson Awoleye, once condemned to death for a crime he claims he did not commit, has finally tasted freedom after a harrowing ten years behind bars. Awoleye, who served as an escort to former Governor of Ogun State, Senator Ibikunle Amosun, narrated his ordeal in an exclusive interview with PLATFORM TIMES, detailing the overcrowded and dire conditions of Nigerian prisons. He said “I was accused unjustly,” Awoleye recounted, “and thrown into…
Daud Olatunji The Federal University of Agriculture, Abeokuta (FUNAAB), has praised the Federal Government’s strides in agricultural mechanisation and its ongoing efforts to enhance food production nationwide. This commendation came from the institution’s Governing Council, led by Pro-Chancellor and Chairman,Oba Abdur-Rasheed Ayotunde Olabomi Odundun IV, the Aragbiji of Iragbiji. This was disclosed in a statement issued by the institution’s Public Relations Head, Olasunkanmi Olajide. Speaking on behalf of the University, the 15th Aragbiji disclosed FUNAAB’s readiness to collaborate with the Federal Government to advance these significant initiatives. Highlighting recent developments, the monarch noted that the Federal Executive Council…
Daud Olatunji The National Bureau of Statistics (NBS) has identified Kogi, Oyo, and Bauchi states as the most severely affected by inflation in Nigeria. This revelation comes from the NBS’s Consumer Price Index and inflation report for June, released on Monday. According to the report, Bauchi leads with a staggering headline inflation rate of 43.95 percent year-on-year, followed by Kogi at 39.91 percent and Oyo at 39.15 percent. In contrast, Borno, Benue, and Katsina experienced the lowest increases in headline inflation, with Borno at 25.90 percent, Benue at 27.52 percent, and Katsina at 29.21 percent. On a month-on-month basis, June…
A Kwara State High Court has fixed August 2, 2024, for the judgement in the trial of six suspects linked to the notorious Offa bank robbery that occurred on April 5, 2018. Justice Haleema Salman announced the date on Monday after adopting the final written addresses from both the prosecution and the defence. The trial, which has spanned six years, involves six suspects: Ayoade Akinnibosun, Azeez Salahudeen, Niyi Ogundiran, Ibikunle Ogunleye, Adeola Abraham, and the late Michael Adikwu, a policeman who died in custody. The prosecution, led by Rotimi Jacob (SAN), and the defence, represented by Mathew Emeribe, presented their…
Daud Olatunji Yoruba Nation agitator, Sunday Adeyemo, popularly known as Sunday Igboho, has issued a fresh warning to Fulani herders suspected of involvement in killings and abductions in Oyo State. The notice was announced by his spokesperson, Oluyomi Koiki, in an audio message on Monday evening. Koiki disclosed that Igboho has mobilised his men to raid forests in the Oke-Ogun area of Oyo State and expel Fulani herders residing there. The activist accuses these herders of perpetuating abductions and killings in the region. Speaking in Yoruba, Koiki stated, “Today is the 15th of July, 2024. This breaking news is issued…
Daud Olatunji The Chairman of the House of Representatives Committee on Solid Minerals, Jonathan Gbefwi, has revealed that Nigeria is losing approximately $9 billion each year due to illegal mining activities. Gbefwi made this disclosure on Monday during an investigative hearing organised by the committee in Abuja. He lamented that only 3 percent of royalties from licensed miners are being paid into government coffers, highlighting the significant financial losses to the nation. At the hearing, the Chief of Defence Staff, General Christopher Musa, shocked lawmakers and industry stakeholders by stating that illegal miners are highly connected and often boast…
