(Grassroot Development’s 2020: Speech by ALGON National President @NEC Meeting)
SPEECH DELIVERED BY THE ALGON NATIONAL PRESIDENT, HON. ALABI KOLADE DAVID AT THE ASSOCIATION NATIONAL EXECUTIVE COUNCIL MEETING HELD ON THURSDAY 13TH OF AUGUST, 2020 IN ABUJA.
Honourable Colleagues, all praises to Almighty God for His mercies and continued benevolence to have seen us through the CORONA VIRUS PANDEMIC that plagued our Nation in the last 6 months or so! Let me also acknowledge the tremendous Grace of Allah that has enabled us to observe the Eid-Il-Kabir in good health!!
It is on that note that I warmly welcome you to Abuja for yet another NEC meeting.
My beloved Colleagues, when the mantle of leadership fell on me by the grace of God and your exceptional show of love towards me, I promised to change the narratives from the unpleasant doldrums to raising the bar for effective beneficial governance at the grassroots.
ALGON HOUSE
I profoundly acknowledge with deep appreciation, our legal team both external and internal for their professional dexterity to retrieve the ALGON HOUSE here in Maitama-Abuja by a unanimous decision of the Hon. Justices of the High Court of Abuja. Their conclusive words in their judgment are damning of the high level fraud perpetrated against the body of ALGON. Please see the copy of the High Court judgment.
EUROPEAN UNION
We have equally maintained our follow up, collaboration and synergy with the United Cities and Local Governments-Africa, (UCLG Africa) and that of the European Union have been established.
I wish to further bring to your notice some other concerns already placed in the front-burner for Local Councils to be treated as “State Actors” before the Federal Government for consideration and upward review.
ALGON as well as other members of UCLG Africa, having been recognized as State Actors, have the unique opportunity to now participate in the dialogue with the EUD, representatives of the Federal Government in the formulation and execution of agreed programmes. The consultant, if time permits, will brief NEC on progress so far.
REVIEW OF ALLOCATION FORMULA
We have also been invited to present our memorandum on the review of Revenue Allocation Formula by the Revenue Mobilization Allocation and Fiscal Commission (RAMFAC)
Review of the fiscal Revenue Allocation Formula viz –
a) FEDERAL GOVERNMENT: 52.68%.
b) STATE GOVERNMENT: 26.72%.
c) LOCAL GOVERNMENTS: 20.60%.
We have so much in our hands to contend with and the paltry sum allocated is grossly inadequate!!
ALGON INVESTEMENTS
The Nigeria Investment Authority “NSIA” Seed Capital of $1.25Billion with current ownership structure which is as follows:
a) Federal Government: 45.83%.
b) State Governments: 36.25%.
c) Local Governments: 17.76%.
Also not forgetting our shareholding structures in The Nigeria Delta Power Holdings
LOCAL GOVERNMENT RECOVERY
Many thanks to Dr. Okey Odey whose zeal, propensity and determination to retrieve our accruable Paris Club Funds over the years from the Federal Government to ALGON indeed is commendable with assurances that all shall be well very soon.
The consultant is also here to give us a brief.
IN CONCLUSION
I also quip to advise that we take advantage of the proposal of the consultant, Dr. Kingsley Esegbue on TV Licenses Fees collection services lucidly enumerated to improve our Internally Generated Revenue at the Local Governments, more so with our lean purse caused by this new-normal brought about by Covid-19 Pandemic
With all intent and purposes, I am assiduously deploying all reasonable, diligent and legal means aimed at the aforementioned instances, secure the release of ALL accrued benefits over the years to the Local Governments throughout the Federation. The details of extent of pursuance shall be made available as we progress on the matter.
Your continued support, I crave as always.Thank you ALL.
Hon. Alabi Kolade David
National President….
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