Over 900 road projects ongoing nationwide under Buhari – APC group

August 4, 2021 Bode Olagoke 0

Over 900 active road contracts, covering the construction, reconstruction and rehabilitation of more than 13,000km of federal roads and highways were currently ongoing nationwide under the present administration of President Muhammadu Buhari. A think-tank of the All Progressives Congress (APC) known as Legacy and Awareness Campaign (APC-LAC) has revealed further that stretch of roads coverage is out of a total Read More

Breaking: Buhari signs N983bn 2021 Supplementary Appropriation Bill into law

July 26, 2021 Abdullahi M. Gulloma 0

President Muhammadu Buhari Monday signed the 2021 Supplementary Appropriation Bill into law, Senior Special Assistant to the President on National Assembly (House of Representatives), Mr Umar Elyakub, has said. He told State House correspondents that the President assented to a N982,729,695,343 supplementary budget. He said the Act would largely focused on funding security and health concerns. Details loading …

Presidency vs governors: Era of frosty relationship ended under Buhari – APC group

July 6, 2021 Bode Olagoke 0

A think-tank of the ruling All Progressives Congress (APC), under the aegis of APC Legacy Awareness and Campaign (APC-LAC), said the era of frosty relationship between President and state governors has ended under President Muhammadu Buhari. The APC group said the Buhari’s administration had rather strengthened national and sub-national governments’ relations. In a statement made available to newsmen Tuesday in Read More

Senate approves N74.773bn budget for PTF

June 30, 2021 Taiye Odewale 0

The Senate Tuesday approved the sum of N74, 773,601,916 billion as 2021 budget for the Nigeria Police Trust Fund. The approval followed the consideration of a report by the Joint Committee of the Senate and House of Representatives on Police Affairs. Chairman of the Senate Committee on Police Affairs, Dauda Halliru Jika (APC, Bauchi Central), in his presentation, observed that Read More

DRAC supports youths to address SGBV

June 30, 2021 Blueprint 0

Disability Rights Advocacy Centre (DRAC) has supported youths to proffer innovative solutions to address Sexual and Gender Based Violence (SGBV) in Nigeria especially among Persons With Disabilities(PWDs). The Executive Director DRAC, Dr Irene Patrick-Ogbogu, who noted this at the just concluded Disability Innovation Lab organised by DRAC in Abuja explained the lab was an avenue where young innovators, software developers, Read More

COVID-19: 1.3m vulnerable Kogi residents benefit from N-CARES programme

June 29, 2021 Oyibo Salihu 0

Kogi state Commissioner of Finance, Budget and Economic Planning, Asiwaju Asiru Idris, Tuesday stated that over 1.3 million vulnerable people have been earmarked to benefit from the ongoing Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) programme. Hon. Idris stated this during the occasion of the stakeholders training/ sensitisation meeting on N-CARES programme and said it can only succeed if Read More

Don’t be instrument of corruption, NGOs warn civil servants

June 29, 2021 Blueprint 0

A nongovernmental organisation, Accountability Lab Nigeria (ALN), has urged civil servants to eschew the temptation of being used as instrument of corrupt practices in their establishments. The programme manager of ALN, Mrs Ehi Idaku, gave the admonition Monday during a workshop on Integrity and Accountability in Leadership held in Uyo, Akwa Ibom state capital. She said the organisation, partnering with Read More

Leverage on technology to ease trading processes, NGX urged

June 27, 2021 Amaka Ifeakandu 0

The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed has urged the management of Nigerian Exchange (NGX) Limited to leverage on technology and innovations that could ease the processes of trading on the exchange. Ahmed made this call during a courtesy visit of the management of the NGX, led by its Chief Executive Officer, Mr Temi Popoola, CFA Read More

Kano: Ganduje signs agreement to build 5000 houses for teachers

June 24, 2021 Bode Olagoke 0

 Following his declaration of free education and improved welfare for the teachers and other civil servants in Kano state, the state governor, Abudullahi Umar Ganduje, has signed an agreement to build five thousands houses for the teachers. The agreement was signed by the Kano state Commissiober for Justice Mohammed Lawan on behalf of the government while director general of Family Read More

Stem the naira slide

June 17, 2021 Blueprint 0

The expectation expressed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, to the effect that if Nigeria is able to receive even $2 billion monthly Diaspora remittances the exchange rate of the naira will be boosted is apt, albeit speculative. The minister’s permutation is probably borne out of the inability of the nation’s monetary authority, namely, Read More

NASS receives N895bn supplementary budget from Buhari

June 11, 2021 Taiye Odewale 0

President Muhammadu Buhari has submitted a supplementary budget of N895 billion to the National Assembly for consideration. The chairman, Senate Committee on Army, Ali Ndume (APC, Borno South), disclosed this Friday after the closed door screening of the Chief of Army Staff, Maj.-Gen. Farouk Yahaya. According to him, the president had promised us that he would re-jig the nation’s security Read More

Fire disaster: FG commissions 20 life-support ambulances, 7 firefighting trucks

June 1, 2021 Bode Olagoke 0

The federal government has commissioned another twenty new Basic Life Support Ambulance buses and seven state-of-the-art firefighting trucks as part of efforts to reduce incidences of fire disasters in the country. The newly acquired equipment were part of the N10.4 billion infrastructure upgrade approved by the Federal Executive Council on March 3, comprising of 44 firefighting engines, 15 water tankers, Read More

Expert tasks women on dangers of Ponzi schemes, non-essential purchases

May 23, 2021 Ene Oshaba 0

Nigerian women have been charged to beware of investing their monies into Ponzi schemes promising financial independence and high returns, stressing the need for adherence to the 30-day rule of savings instead. Mrs Titilola Oladejo, a Financial and Investment Expert, gave the charge Saturday, at a webinar on Skills and Tools on Practical Financial Advice, organised by Mothers United and Read More

EFCC recovers over N1bn cash from civil servant

May 20, 2021 Taiye Odewale 0

The Chairman of Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, Thursday disclosed that the Anti-graft agency last week recovered over N1 billion cash sitting in one bank account from a Civil Servant. Bawa made the disclosure while appearing before the Senate Committee on Finance, investiating the Internally Generated Revenue (IGR)  and payment of 1 % stamp duty by contractors  Read More

Breaking: Buhari set to storm France, meets Macron on insecurity

May 15, 2021 Abdullahi M. Gulloma 0

President Muhammadu Buhari would on Sunday, May 16, 2021, depart Abuja for Paris, France, on a four-day official visit to attend African Finance Summit which would focus on reviewing African economy, following shocks from Coronavirus pandemic, and getting relief, especially from increased debt burden on countries. The Summit, to be hosted by President Emmanuel Macron, would draw major stakeholders in the Read More

Finance, Justice ministers, others to brainstorm on illicit financial

May 13, 2021 Benjamin Umuteme 0

Nigeria will next week hold a two-day international conference on Illicit Financial Flows (IFFs) and Asset Recovery. The international conference, which will hold both physically and virtually on Tuesday and Wednesday is jointly organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Inter-Agency Committee on Stopping IFFs from Nigeria, African Union Advisory Board on Corruption (AUABC), and Read More

Gross income: Senate goes tough on MDAs over ‘frivolous’ spending

May 11, 2021 Taiye Odewale 0

The Senate through its Committee on Finance has vowed to amend the Fiscal Responsibility Act to curb frivolous spending of gross incomes and operational surpluses allegedly being made by many of the revenue generating agencies of government. Making the vow during an interface with heads of National Metrological Development Agency (NMDA) and Federal Government Staff Housing Loan Board on Monday, Read More

$3.7bn China debt: Whither Nigeria?

May 7, 2021 Blueprint 0

Nigeria’s mounting debt continues to be a source of worry especially with the recent disclosure by the Debt Management Office (DMO) that the country owes China $3.714bn. BENJAMIN UMUTEME looks at the implication for the country. The issue of the nation’s debt continues to divide opinion among Nigerians, one thing that all seem to agree with is that the country’s Read More

We over funded operation Lafiya Dole – FG

May 5, 2021 Taiye Odewale 0

The federal government declared Tuesday that it has over funded Operation Lafiya Dole fighting insurgency in the North-east. Minister of Finance, Zainab Ahmed, who stated this while appearing before the Senate Committee on Army, said apart from the usual budgetary provisions for the operation, additional requests were made by the military through the president which were approved and cash-backed. There Read More

Nigeria’s $3trn infrastructure deficit

April 26, 2021 Blueprint 0

Vice-President Yemi Osinbajo’s oft-reiteration that the only way to effectively address the massive infrastructure deficit that the country faces is by Public-Private Partnership (PPP) arrangement in one form or the other could be the panacea for Nigeria’s socio-economic development. Citing statistics from Nigerian Integrated Infrastructure Masterplan (NIIMP) and the Economic Recovery and Growth Plan (ERGP) 2017-2020 to buttress his point, Read More

180 CSOs defend FIRS 2021 refreshment budget, tackle HURIWA, others

April 21, 2021 Bode Olagoke 0

An assemblage of over 180 Civil Society Organisations under the platform of Civil Society Groups for Good Governance (CSGGG), has justified the 2021 refreshment budget by the the management of Federal Inland Revenue Service (FIRS). The group, however, cautioned the HURIWA and the Transparent International (TI) to refrain from maligning the reputation of the Federal Inland Revenue Service, under the Read More

APC governors disown Obaseki over currency printing claim

April 18, 2021 Bode Olagoke 0

The Progressive Governors Forum (PGF) has debunked claims by Governor Godwin Obaseki of Edo state that the federal government printed between N50 billion – N60 billion to bridge the shortfall in the distribution of federation revenues to the three tiers of government in March 2021, saying that the claims did not reflect the true position of things. The Forum, in Read More

Nigeria’s revenue challenges and imperatives of borrowing

April 13, 2021 Blueprint 0

Nigeria’s external debt is considered to be the biggest in sub-Saharan Africa and has already been rescheduled several times. In spite of this rescheduling and refinancing by creditors who were either members of the Paris Club (governments), London Club (banks) or independent creditors, arrears of this debt kept accumulating over time. Records show that Nigeria’s external debt remained low until Read More