…as Executive Jerks Up Judiciary Budget by N10bn in 2022 budget Proposal
…No Interference on Our activities from Executive, Legislative says CJN
Nigerian Senate has said that invasion of Supreme Court Justice, Mary Odili residence by Security Agencies would be on focus when Senate resume plenary session next week.
Newsblast recalled that Security operatives had on Friday night invaded the house of the supreme court justice based on information that “illegal activities” were going on there
Chairman, Senate Committee on Judiciary, Human Rights and Legal Matters, Senator Opeyemi Bamidele made this made this known during an oversight visit to the Chief Justice of Nigeria ((CJN) in his Office on Monday in Abuja.
The Chairman said, ” We cannot pretend not to be unaware of the embarrassing situation on invasion of residence of Justice Mary Odili on Friday Night by Security Agencies, without Joining issue with anyone , we take the matter seriously, by the time, we are back to plenary session, we will discuss the matter as urgent of National Importance.”
Speaking on the budget of the Judiciary in 2022, Senator Bamidele said ,” It is trite to state that 2022 budget budget estimate for the Judiciary is one N120 billion only representing an increase in the sum of N10 billion , over the sum which was appropriated in the 2021 Appropriation Act.
“Even though this increase is not enough to meet the competing needs and challenges of the Judiciary, we must commend the present administration for listening to the voice of reason and clamour from various quarters advocating for increased funding for the Judiciary.”
Responding to the Chairman’s opening remark, the Chief Justice of Nigeria disclosed that there is no any interference from Legislators or Executives Arm of government on their activities adding that the National Assembly has not failed Judiciary.
According to him, Legislative arm of government has not failed us , there is nothing that we want that have not been granted by the Lawmakers, you are doing right thing , if you see that something is going with Judiciary, call our attention to it. There is no interference from Legislature and Executive on our activities.
He submitted that the Judiciary is ready to accept correction if something is going wrong.
In her submission, the Ag. Chief Registrar of Supreme Court, Hajo Sarki Bello informed the lawmakers that 75 percent budget performance has been recorded in term of releases and 60 percent in expenditure .
She said that N368 million was appropriated to cater for the official vehicles of the Hon. the Chief Justice of Nigeria and the Hon. Justices of the Court.
NISS hails Oyetola on security intervention, making Osun model of socioeconomic development in Nigeria
SANWO-OLU ASSURES LAGOSIANS OF ECONOMIC SUSTAINABILITY
Governor Babajide Olusola Sanwo-Olu has assured Lagosians that the State will continue to sustain its enviable status as the fifth largest economy in Africa and also achieve its vision to become Africa’s model megacity as well as a global economic and financial hub that is safe, secure, functional and productive.
Sanwo-Olu gave the assurance at the Year 2022 edition of the Punuka Annual Lecture with the theme:
“Taxation of the Digital Economy: The Challenges and Prospects for the Nigerian Economy”, held recently at Metropolitan Club, Victoria Island.
Governor Sanwo-Olu, represented by the
Commissioner for Finance, Dr. Rabiu Olowo, reaffirmed Lagos State’s commitment to improving the ease of doing business through the development of Small and Medium Scale Enterprises (SMEs) and ensuring overall prosperity for every citizen.
He averred that the Lagos State Government will continuously seek ways of improving revenue generation through a tax system that is modern, efficient and effective, noting that it is in this regard that the present administration considers the lecture timely and relevant.
Sanwo-Olu said the State faces major challenges in taxing income/profit accruing from e-commerce and digital activities as the transactions more often than not transcend borders, while the contracting entities usually do not have a fixed base (tax residence rule) in the State.
Explaining that the trend has made it difficult to trace, track and establish taxing rights over the huge profits made by multinational enterprises and individuals, the Governor said the inability to garner the requisite tax income from such e-commerce businesses is detrimental to revenue collection/generation.
According to him, the emerging trend requires laws to regulate their operations, just as monitoring will also help to establish the economic presence of these entities for tax purposes.
Mr. Governor reiterated that the State is always open to ideas, strategies and ways to effectively and comprehensively improve tax administration processes and procedures in line with emerging trends in the digital economy towards maximising its revenue generation capacity.
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