The Federation Account Allocation Committee (FAAC), at its meeting shared a total sum of N990.189 billion to the three tiers of government, as Federation Allocation for the month of December 2022. From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and Electronic Money Transfer Levies (EMTL), the Federal Government received N375.306 billion, the States Read More
One can easily shed tears looking at the degree of hardship the people of the North-east region have been subjected to due to the devastation as a result of the lingering Boko Haram insurgency. The region has been completely destroyed leaving people with zero infrastructure, massive destruction of properties and millions of death recorded. The decade-long insurgency has left millions Read More
The Accountability in the Extractive Cluster led by Social Action and Civil Society Legislative Advocacy Center (CISLAC) on Wednesday trained students of the Nile University of Nigeria on the required skills to ensure transparency and accountability in the extractive sector. The Programme Officer, CISLAC, Muna Ugochukwu while speaking at the outreach in Abuja stated that the students outreach with the Read More
Osun state governor, Ademola Adeleke, has ordered the immediate suspension of Ilesa water project consultant, Mrs. Tawa Williams, and ordered her to return the N70 million bulletproof jeep in her possession. Governor Adeleke in a statement by his spokesperson, Olawale Rasheed, Wednesday, alleged that the consultant mishandled $106 million loan for the project. A former governor of the state and Read More
The Debt Management Office (DMO) has said that a total of N365.557 billion fund raised through Sukuk had been deployed for the construction of 1,881 kilometre roads and six bridges across the country in four years. The Director-General of DMO, Ms Patience Oniha, who made this statement in her presentation titled: “Nigeria Public Debt – Some Considerations,” said that a Read More
The Benue state governor, Samuel Ortom, Tuesday gave a deadline to the contractor handling the construction of Och’Idoma’s palace to complete work on the project before the general election taking place in February and March 2023. Governor Ortom gave the directive after he inspected ongoing work on the palace project in Otukpo. In a chat with journalists after the inspection, Read More
It’s yet another milestone development in Nigeria as the Minister of Works and Housing, Babatunde Fashola, commissioned the second Niger bridge. This is part of the federal government’s effort to link the South-east with the South-south in order to boost the economic activities in the nation through road transportation. Besides, the government announced the completion of 553 projects and programmes Read More
Nigeria’s U20 boys, Flying Eagles continued to exhibit their goal-scoring prowess as they whipped Kickers Academy 8-0 on Saturday at the FIFA Goal Project Football Field. Ayuba Francis made no mistake 15 minutes into the game with a simple tap-in to put the Eagles in front before Lekan Adams doubled the lead 30 minutes into the game. Substitute Jude Sunday added Read More
The House of Representatives, Tuesday urged the executive arm of the federal government to reverse its earlier decision on the East-West coastal rail project by continuing its implementation, considering its economic importance to the nation. The House has also urged the government to review its 25-year Railway Strategic Plan, part of which is to unbundle and commercialise the Nigeria Railway Read More
The Anambra State governor, Professor Chukwuma Soludo, has terminated a road contract awarded somewhere in Aguata Local Government Area, over alleged incompetence of the contractor. A trending video which did not reveal the name of the company handling the contract and the name of the road project, showed that the governor terminated the project during his unscheduled visit to the Read More
Local government council chairmen in Sokoto state have praised the current administration’s effort to transform rural communities with live touching projects The council chairmen who spoke during the Nigerian Union of Journalists (NUJ) local government projects monitoring tour in their respective localities said the Tambuwal administration had from 2015 to date awarded and completed various projects that had direct bearing Read More
The Senate Wednesday mandated its Committee on Power to investigate the circumstances and conditions under which the 700MW Zungeru Hydroelectric Power Plant (ZHPP) in Niger State is being concessioned, particularly as it relates to the utilization of the annual budgetary allocations made to the project, completion level, and the management of external loans from the Chinese Exim Bank, which is Read More
Plans are on by the Federal Housing Authority (FHA) to develop diaspora smart city in Kabusu district area of Abuja. The Diaspora Smart City is located in Kabusu village after Mpape, a community in the Abuja Municipal Area Council (AMAC), with about 700 hectares of land which 17,000 is designed so far. Speaking during the suppervision of the project site, Read More
In a bid to ensure timely completion of ongoing housing projects, the Federal Mortgage Bank of Nigeria (FMBN) disclosed that it stepped up monitoring and inspection of funded estates nationwide. To this end, the bank has reassured of high quality standards in its housing projects across the country. A statement issued in Abuja recently by the bank’s the Group Head, Read More
The Peoples Democratic Party (PDP) leader in Oyo state and former Minister of Mines and Steel Development, Elder Wole Oyelese, has advised Governor Seyi Makinde to retreat from opposing Alhaji Atiku Abubakar’s candidature in the 2023 presidential election. Elder Oyelese while addressing co-ordinators of Atiku Vanguard in Oyo state Wednesday declared “Atiku is God’s own project” and Governor Makinde should Read More
The Federal Executive Council (FEC) Wednesday has approved the variation in contract for the repairs of east-west road from an initial N240 billion to N506 billion. Briefing State House correspondents on behalf of the Minister of Works and Housing at the end of the weekly FEC meeting, Senior Special Assistant to the President on Media and Publicity in the Office Read More
Minister of Petroleum of the Republicof Niger, Mahamane Sani Mahamadou, says the Trans-Saharan Gas Pipeline will not only further strengthen regional integration but also provide great economic value to participating countries. Muhamadou stated this at the Trans-Saharan Gas Pipeline (TSGP) meeting Tuesday in Abuja. The tripartite meeting which involves Niger Republic, Nigeria, and People’s Republic of Algeria is aimed at Read More
Governor Aminu Bello Masari of Katsina state flagged off the construction of a N4.3 billion interchange flyover in Katsina metropolis on Wednesday. When I saw the report of the aforementioned project embarked upon by the Katsina state government under the leadership of our amiable Governor Masari, I was shocked and gave up about the needs of our rural communitie, which Read More
The Federal Government of Nigeria, in collaboration with World Bank, has launched the Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) Project, to address environmental challenges in the country’s North. Minister of Environment, Alhaji Mohammed Abdullahi at the Pre-launch Mission of the World Bank during weekend in Abuja, added that the project would last for five to six years. Abdullahi assured Nigerians Read More
The United Nations Development Programme (UNDP) has supported 29 states in tackling environmental projects across the country, through the Global Environment Facility’s Small Grants Programme (GEF-SGP). The GEF-SGP National Coordinator, Mrs Ibironke Olubamise, made this known in an interview in Abuja. She said that the environmental challenges addressed by the organisation include climate change, land degradation, chemicals and international waters. Read More
The speaker of the Lagos state House of Assembly, Mudashiru Obasa, and his colleagues Tuesday commended Governor Babajide Sanwo-Olu for his efforts to complete the state’s rail projects. The lawmakers also praised the governor for also expanding transportation through the waterways. They said the completion of the projects would ensure a substantial reduction in gridlocks across the state. Speaker Obasa, Read More
The Lagos State Government says it is executing different projects in Badagry to open the ancient town to the world and attract investors. The Special Adviser to Governor Babajide Sanwo-Olu on Tourism, Arts and Culture, Mr Solomon Bonu, made this known during an on-the-spot assessment of ongoing and completed projects by the state government on Monday in Badagry. The special Read More
The federal government, through the Minister of Transportation, Rotimi Amaechi, has assured Nigerians that the Kano-Lagos railway project “will be completed by May 2023.” Amaechi, who gave the assurance while speaking Friday during an inspection of the Kano-Lagos rail project, said they were putting pressure on all the necessary institutions that used to “give us funds.” “And hopefully, before May, Read More
The Governor of the Central Bank of Nigeria (CBN Mr. Godwin Emefiele Monday officially launched the first phase of the 100 for 100 Policy for Production and Productivity (PPP), with 26 companies valued at N23.20 billion. This is another of the apex bank’s intervention designed to stimulate investments in Nigeria’s priority sectors with the core objective of boosting production and Read More
Following the review and issuance of compliance certificate of the Full Business Case (FBC) by the Infrastructure Concession Regulatory Commission (ICRC), the Federal Executive Council (FEC) has given approval for the Revenue Assurance Solution (RAS) project through the Design, Finance, Build, Operate and Transfer (DFBOT) Public Private Partnership (PPP) model. The RAS, designed by the Nigerian Telecommunications Commission (NCC) and Read More
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