Connect with us

Business

Traditional Council Pillars of Stability and Development – RMAFC Chairman

Published

on


Joel Ajayi


Chairman Revenue Allocation Mobilization And Fiscal Commission Mohamed Bello Shehu OFR, has described  the traditional rulers as not only the custodians of tradition and culture but  Pillars of Stability and Development in Nigeria.


The Chairman made this remark when some traditional rulers from Nasarawa State, led by His Royal Highness  Abdullahi Amegwa, the Osana of Keana paid him a courtesy visit in his office in Abuja. 


He said, ” Prior to the colonial era, the system of government that existed in Nigeria was controlled by the traditional rulers in our various societies. The remarkable role they played not only as custodians of culture and traditions but also as development agents in various societies that formed what is known as Nigeria today can not be overemphasized. “


He therefore stressed the need to recognise the rightful position of the royal fathers and accord them a better role that will enable them to perform optimaly.


According to Shehu ” We did not get things right with the Local Government (LG) reforms of 1976 and we did not get it right with the 1999 Constitution of Nigeria (as ammended) but I only hope and pray that the present attempt at reforming the Constitution  will place a bigger role on the traditional rulers and be able to also find a way not only to  fund it but to  sustain it  so that they will be able to hold the society together as they have done over the years”.


Earlier, Dr. Samson Gamu Yare, the Chun Mada of Akwanga who spoke on behalf of the leader of the  delegation, disclosed that the inter – face with the Commission emanated from the deliberation of the Council of Chiefs in Nasarawa State, which was  endorsed by the Executive Governor, His Excellency, Engineer Abdullahi Sule .


 He explained that they were in the Commission to request that the 5% of the allocation to local governments, which is constitutionally approved for traditional councils, should be deducted from the source and allocated directly to the respective  traditional  rulers  to ensure  proper accountability and compliance.


 The royal father said, “Even with the improvement in statutory allocation, the 5 percent allocated to Traditional Councils  has continued to experience decline and that for us is a serious concern. This called for the interface and pleading from the traditional council for the commission to consider deducting the 5% charge from the source and disbursing it to the traditional councils.

“Past experiences show that the Modus operandi of deductions where any  kind of formular is applied with regard to  the implementation strategy is unacceptable. “


 He commended President Bola Ahmed Tinubu for the resilience and courage to  identify with  the grass root to ensure that the third tier of government is given its rightful place of  pride following the Supreme Court ruling, which granted financial autonomy to Local governments as provided in the constitution of Nigeria.


 He also congratulated the Chairman of the Commission and the Hon. Members for being found worthy to serve the Country in this capacity.


 Speaking on the issue, some Members and Directors of the Commission at the occasion emphasised the need for clear a policy on the deduction and allocation of the 5% entitlement to the traditional councils.


After an exhaustive deliberation, the royal fathers were advised to formally write a letter to the Presidential Committee on Local Government Autonomy and copy the Commission for actionable recommendation to the Committee.


Other members of the delegation were His Royal Highness, Mahmoud Umar Bwalla, the Sangarin Shabu and His Royal Highness, Pham. Luka Panya Baba, the Esu Karu. 

Continue Reading

Business

Bilateral Boost: Nigeria, Italy Forge Path to Shared Prosperity

Published

on

Maryam Aminu

Nigeria’s Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has described the country as one of Africa’s most attractive investment destinations, as Nigeria and Italy take bold steps toward deepening economic and trade relations.

Speaking at the first Nigeria-Italy Investment Summit 2025 (NIIS 2025), themed “Building Bridges: Unlocking Opportunities,” Abbas, represented by Hon. Afuope Afolabi, emphasized Nigeria’s large population, dynamic market, and resource-rich economy as key assets for global investors.

“Italian enterprises have found fertile ground in Nigeria, and we in turn have benefited from these investments,” Abbas said, calling for a reimagined approach to bilateral cooperation through targeted investments in agriculture, energy, oil and gas, agro-processing, and solid minerals.

The summit organized by Giant Gee Nigeria Limited in partnership with the Italian Embassy served as a high-level platform for fostering investment-driven dialogue and strategic partnerships.

Deputy Speaker Benjamin Kalu, represented by Hon. Uchenna Harris Okonkwo, echoed the sentiment, stating, “These are two nations with immense potential. This summit is not just about investment; it’s about aligning values and mutual economic ambition.”

Italian Deputy Ambassador Mr. Lacopo Foti described the gathering as a celebration of shared values, trust, and commitment to sustainable development. “Italy’s cultural heritage and technological expertise make it a natural partner for Nigeria,” he noted.

With 2024 trade volumes between the two countries reaching approximately €2.5 billion, stakeholders expressed optimism that NIIS 2025 would spark greater collaboration and unlock long-term opportunities to transform both economies and improve livelihoods.

Earlier, the Managing Director of Giant Gee Nigeria Ltd, Amb. Engr. Augustine Chigbolu, said the summit aims to revitalize the bilateral business relationship between Nigeria and Italy.

“By fostering these strategic partnerships, the summit aims to not only solidify existing trade relations but also to discover new avenues for joint innovation and development.” He added

Continue Reading

Trending

error

Enjoy this blog? Please spread the word :)