VAT war between FG, Rivers, other states affects our 2022 budget proposal ― Bauchi govt

As Bauchi State Government prepares the 2022 budget appropriation, it has explained that the ongoing legal tussle between the Federal Government and a few state governments following a disagreement over who should collect Value Added Tax (VAT) will affect its projections for the 2022 fiscal year. 

Briefing journalists shortly after a special State Executive Council meeting held on Friday, the State Commissioner of Budget and Economic Planning, Aminu Hammayo said that the SEC has adopted the budget proposal based on the submission made by the various stakeholders.
The Commissioner said that State Governor, Sen Bala Mohammed Abdulkadir will in the coming weeks present the proposed budget before the Bauchi State House of Assembly for approval noting that government will focus on completing all ongoing projects next year rather than embarking on new ones.
He said that “We will look at those things that we consider critical to guide us in the budget. While It would be premature to state the amount of the budget at this stage, we considered a lot of things in arriving at our projections as to the proposed budget.”
He added that “We based our assumptions on the oil production benchmark at 1.9 billion barrels per day. We also assumed that the crude oil price would remain at 57 dollars per barrel.”
According to the Commissioner, “The fight between the Federal government and Rivers/Lagos as to who is responsible for collecting VAT was taken into consideration and that has affected our projection. We have also defined what our priorities are. Our focus is to try to complete every project that has been started. New projects will only be considered where they become absolutely necessary.”
He however assured that “We don’t intend to take any loan facility to fund the budget unless it becomes absolutely necessary and it must be to fund critical areas of infrastructural development. Efforts are geared towards repaying the debt hanging on the neck of the state.”


Viral Voice Note On WhatsApp Billing False

Claim: A viral WhatsApp voice note, purportedly made by the director and CEO of WhatsApp, claims users will have to start paying for WhatsApp services.

Verdict: The viral WhatsApp voice note claim is a hoax. The content is not new and has been circulated as a broadcast message several times in the past.

Experts Say Mixture Of Snail Slime, Evaporated Milk Cannot Cure Stroke

CLAIM: A Facebook user claims water gotten from snails (snail slime) and peak milk can cure partial or full stroke.

VERDICT: The claim that water gotten from snails (snail slime) and peak milk can cure partial or full stroke is false.

FULL STORY: On July 26, 2020, a Facebook user, Prince Nnamdi Enyinnaya Emelelu Eluwa, in a post claimed that water gotten from snails (Snail slime) and peak milk can cure partial or full stroke. The post which is over a year old has recently been reshared by other Facebook users.

Marburg Virus: What You Need To Know About Disease Recently Detected In West Africa

On Monday, August 9, 2021, the World Health Organisation (WHO) confirmed the first case of Marburg virus in West Africa in Guinea. This development has sent shivers down the spines of West Africans who are still grappling with the effects of the coronavirus pandemic. But before this dreaded disease is greeted by rumours and misinformation, here is what you have to know about the virus.APC states to establish Health Emergency Trust Fund…

FACT CHECK: US Did Not Give Nigeria 48 Hours Ultimatum To Detain Abba Kyari

CLAIM: Several social media posts claim the United States of America (USA) gave Nigeria’s Federal Government 48 hours to detain suspended Deputy Police Commissioner, Abba Kyari, or face severe sanctions.

VERDICT: The claim is false and misleading. The US did not give Nigerian Federal Government 48 hours ultimatum to detain Abba Kyari.

You might also like

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More