Connect with us

Inside Nigeria

COZA Not Our Member — CAN

Published

on

Busola Dakolo - Biodun Fatoyinbo

The Christian Association of Nigeria (CAN) says the Commonwealth of Zion Assembly (COZA) is not its member.

Kwamkur Vondip, national director, legal and public affairs of CAN, said this in a statement on Wednesday.

COZA has been in the news since Busola, celebrity photographer and wife of Timi Dakolo, Nigerian musician, accused Biodun Fatoyinbo, founder of the church, of rape.

Vondip expressed worry over the recurrent rape allegations levelled against pastors in various churches, saying such act is against the faith.

“CAN is deeply concerned about the ongoing rape allegation saga arising from a confessional statement by a former female member of the Commonwealth of Zion Assembly (COZA), Mrs. Bisola Dakolo, against Pastor Biodun Fatoyinbo, the senior pastor of COZA,” the statement read.

“The association recognises that COZA, to the best of our knowledge, is not a member of any of the families that belong to CAN. CAN, as an association; it is equally sad that there have been recurrent allegations of rape and infidelity against some gospel ministers and other Christians as well.

“While efforts must be made to get to the root of the matter through thorough investigation, the association condemns totally, any act of infidelity either by a pastor or any member of the church of God.

“We urge all ministers of the gospel to shun all appearances of evil especially, unregulated closeness to persons in the church. Rape by every standard is sinful and an act of wickedness.

“We do not know for sure whether or not some or all of the allegations of rape and illicit relationship leveled against members of the clergy are true; we strongly appeal to all Christians to avoid blackmail against any brother or sister in the church for whatever reason. All of us must avoid making ourselves vulnerable.

“The association understands the challenges of preachers who, by virtue of their position as parents of all in the church, may stand the danger of being accused. All Christians, leaders most especially, must be circumspect in the way they walk, not as unwise but as wise.

“CAN recognises that this must be a very trying time for the ladies who leveled allegations against Pastor Biodun Fatoyinbo and on the other ministers whose stories are trending presently.

“The association equally recognises that this is a very hard time for the Christian church in Nigeria, especially for worshipers in COZA and all other churches whose pastors are accused.”

Inside Nigeria

Nigeria’s Public Debt Is Officially ₦29.83 Trillion

Published

on

Buhari

The total public debt stocks of the Federal Government of Nigeria, all states within the Nigerian federation, and the FCT is now ₦28.63 trillion as of Q1 2020.

This is was made known by the National Bureau of Statistics (NBS) in a report they released on Friday, July 10, 2020.

Further analysis of Nigeria’s total public debt showed that N9.99 trillion which equals about 34.89% of the debt was external.

A breakdown of the report revealed that the total debt stock of the states as of 31 March 2020 is N4.1 trillion. Meanwhile, these states’ total Internally Generated Revenue (IGR) for 2019 was N1.3 trillion. They also received N2.47 trillion from FAAC.

As usual, Lagos State recorded the highest IGR at N398.7 billion. The state also received N117.8 billion in FAAC disbursements and has a total debt stock of N444.2 billion, thereby making up 10.8% of the total debt stock of the states.

Yobe State recorded the lowest debt stock out of all the states with just N29.2 billion. This made up just 0.7% of the total debt stock of the states. Meanwhile, the state generated a total IGR of N8.4 billion in 2019.

Part of the report by the NBS said:
“Nigerian States and Federal Debt Stock data as at 31st March 2020 reflected that the country’s total public debt portfolio stood at N28.63trn. Further disaggregation of Nigeria’s total public debt showed that N9.99trn or 34.89% of the debt was external while N18.64trn or 65.11% of the debt was domestic.

“Similarly, States and FCT domestic debt was put at N4.11trillion with Lagos state accounting for 10.8% of the total domestic debt stock while Yobe State has the least debt stock in this category with a contribution of 0.7%.”

However, the FCT had total debt of N106.8 billion, making up 2.6% of the total debt stock of the states. The FCT also recorded an IGR of N74.5 billion in 2019 and received N71.9 billion in FAAC.

The Federal Government’s total domestic debt stock by Q1, 2020 was N14.5 trillion, with FGN bonds making up 72.5% of the total portfolio followed by treasury bills at 18.24%.

The total public debt stock has risen by 4% since December 2019 while the previous figure stood at N27.4 trillion.

Continue Reading

Inside Nigeria

BREAKING: Buhari Signs N10.8trn Revised 2020 Budget

Published

on

Muhammadu Buhari

President Muhmmadu Buhari, on Friday, signed the revised 2020 Budget of N10.8 trillion, passed by the National Assembly in June, into law.

While signing the bill into law, the President explained the revision became necessary because of the weakening effect of the COVID-19 pandemic on the nation’s economy.

He also said ministries, department and agencies will be given 50 percent of their capital allocation by the end of the month.

The signing ceremony, which took place inside the State House, was witnessed by the Vice-President Yemi Osinbajo (SAN), Secretary to the Government of the Federation (SGF), Mr Boss Mustapha, and the Chief of Staff to the President, Professor Ibrahim Gambari.

Senate President, Ahmed Lawan, Speaker Femi Gbajabiamila and other principal officers also witnessed the signing.

The Ministers Finance, Budget and National Planning, Zainab Ahmed; Minister of State Finance, Clement Agba, Governor of Central Bank of Nigeria, Godwin Emiefile and Director General Budget, Ben Akabueze.

At 11:03am, Senator Babajide Omoworare, Senior Special Assistant (SSA) to President on National Assembly Matters (Senate) and Hon. Umar El-Yakub, on National Assembly Matters (House of Representatives) presented the budget to the President, while the Osinbajo, Lawan, and Gbajamilia joined him to witness the signing the budget at exactly 11:06

Continue Reading

Inside Nigeria

Nigeria Records 499 New COVID-19 Cases, Total Now 30,748

Published

on

Nigeria has recorded 499 new cases of coronavirus, bringing the total number of infections in the country to 30,748.

The Nigeria Centre for Disease Control (NCDC) made this known via its Twitter handle on Thursday.

“499 new cases of #COVID19; Lagos-157 Edo-59 Ondo-56 Oyo-31 Akwa Ibom-22 Borno-21 Plateau-19 Kaduna-18 Katsina-18 Bayelsa-17 FCT-17 Delta-14 Kano-11 Rivers-10 Enugu-8 Ogun-6 Kwara-4 Imo-3 Nasarawa-2 Osun-2 Abia-1 Ekiti-1 Niger-1 Yobe-1.”

499 new cases of #COVID19;

Lagos-157

Edo-59

Ondo-56

Oyo-31

Akwa Ibom-22

Borno-21

Plateau-19

Kaduna-18

Katsina-18

Bayelsa-17

FCT-17

Delta-14

Kano-11

Rivers-10

Enugu-8

Ogun-6

Kwara-4

Imo-3

Nasarawa-2

Osun-2

Abia-1

Ekiti-1

Niger-1

Yobe-1

30748 confirmed

12546 discharged

689 deaths

Continue Reading
Advertisement

HOTTEST TOPICS