archiveMarch 2018

...Calls emergency meeting with NNPC GMD over payment into Federation Account The Honourable Minister of Finance and Chairman of the Federation Account Allocation Committee (FAAC), Mrs. Kemi Adeosun, has reconvened the meeting of the Committee for today, Wednesday, 28th March, 2018 at 9:00am. The meeting, which is currently holding at...

The Pan Yoruba Socio-political group, Afenifere on Tuesday said that there were more that meets the eyes on the recent kidnap and release of the Dapchi girls. The group said there was curious drama that surrounded the whole kidnap and release of the girls. Addressing journalists after the monthly meeting...

The Federal Government on Tuesday declared Friday, March 30 and Monday, April 2, as Public Holidays to mark the Good Friday and Easter Monday. The Minister of Interior, retired Lt.-Gen Abdulrahman Dambazau, made the declaration on Tuesday in Abuja on behalf of the Federal Government in a statement issued by...

The Central Bank of Nigeria (CBN), on Tuesday, intervened in the inter-bank sector of the Foreign Exchange market to the tune of $210 million. The Acting Director, Corporate Communications Department of CBN, Mr. Isaac Okoroafor, said the intervention was in continuation of the bank’s commitment to maintain stability in the...

The Lagos State Government on Tuesday declared Thursday, March 29 as work-free day in the State as President Muhammadu Buhari is on two-day official visit to the state. A statement issued by the Commissioner for Information and Strategy, Mr. Kehinde Bamigbetan disclosed that this will enable Lagosians come out enmasse...

    Former Vice-President, Atiku Abubakar, has promised to build a new Nigeria on a foundation of industrialization, economic revolution devoid of favoritism, segregation, and ethnicity if he is elected Nigerian president in 2019. Atiku made this promise when he inaugurated consultation for 2019 presidential ambition at the Banquet Hall...

  As a result of alleged discrepancies said to have been observed in the revenue figures presented by the Nigerian National Petroleum Corporation (NNPC), the Federation Accounts Allocation Committee (FAAC) meeting ended on Tuesday inconclusively in Abuja. The meeting was convened for representatives of the 36 states of the federation...

The House of Representatives Tuesday received a letter from President Muhammadu Buhari seeking approval from the National Assembly to enable him offset inherited local debts. In the letter, read by speaker Yakubu Dogara, Buhari alleged that his administration inherited colossal amount of debt on assumption of office. It was further...

  President Muhammadu Buhari has described the extension of the tenure of Chief John Odigie-Oyegun as the National Chairman of the All Progressives Congress as unconstitutional. According to information provided by the News Agency of Nigeria (NAN), Buhari said this at the ongoing National Working Committee meeting of the party...

  President Muhammadu Buhari, Monday, signed Instrument of Ratification of Memorandum of Understanding ( MoU) among Federal Government, Swiss Federal Council and International Development Association on the return, monitoring and management of illegally-acquired sssets confiscated by Switzerland, to be restituted to Nigeria. According to a statement by Special Adviser to...