Budget deficit has risen to N20.64tn under the president, Major General Muhammadu Buhari (retd.), according to analysed data from the budget office. The data covered periods from 2016 to 2020. According to the budget office, more than N7.97tn was borrowed from foreign and domestic sources to fund these deficits. According to … [Read more…]
Serving Overseer of The Citadel Global Community Church (CGCC) and Convener, Save Nigeria Group (SNG), Pastor Tunde Bakare, has described the 1999 constitution as draconian and lopsided sham which must be torn down for the country to move forward. In his State of the Nation address tagged: “The Black Box of Nigeria’s … [Read more…]
The Federal Government has filed charges against Chairman of the Human and Environmental DevelopmentAgenda, HEDA Mr Olarenwaju Suraju, at the Federal High Court, Abuja, on alleged cyberstalking of former Attorney General of the Federation, Mohammed Adoke. Office of the Attorney General of the Federation, in a four-count charge as filled in a … [Read more…]
THE President, Major General Muhammadu Buhari (retd.), did not fulfil his promise to increase the annual domestic education expenditure by 50 per cent over the next two years, according to the details of the 2022 Appropriation Bill currently before the National Assembly. Buhari made the promise during the Global Education Summit which was … [Read more…]
The Federal Government has granted environmental approval for the evaluation and open cultivation of TELA Maize, a new variety of genetically modified maize developed by researchers at the Institute for Agricultural Research, Ahmadu Bello University, Zaria. Approval for the cultivation of the crop was announced in a statement issued in Abuja on Sunday, … [Read more…]
A former Deputy Governor of the Central Bank of Nigeria and ex-presidential candidate, Kingsley Moghalu, has joined the African Democratic Congress ahead of 2023 general elections. Moghalu, who made this known on his Instagram handle on Friday, shared an e- flier as proof of his membership in the ADC, with the caption, “Its … [Read more…]
Barely 29 days to the scheduled governorship election in Anambra state, the Independent National Electoral Commission, INEC, on Friday, said it has commenced the process of recruiting 26, 000 ad-hoc staff it will deploy to 5, 720 polling units in the state. INEC Resident Commissioner in Anambra State, Mr. Nkwachukwu Orji, who made … [Read more…]
The agitation for the legalisation of Cannabis Sativa cannot succeed in Nigeria because the proliferation of illicit drugs often leads to crime, chaos and conflict, the National Drug Law Enforcement Agency has explained. In a statement issued on Friday by the spokesperson of the NDLEA, Femi Babafemi, the Chairman/Chief Executive of the NDLEA, … [Read more…]
The Federal High Court sitting in Abuja, on Friday, fixed November 8 to deliver judgement in the money laundering charge the Economic and Financial Crimes Commission, EFCC, preferred against the former Chairman of the defunct Pension Reform Task Team, PRTT, Mr. Abdulrasheed Maina. Trial Justice Okon Abang okayed the matter for judgement, after he dismissed … [Read more…]
The Federal Government has said that it spent N2.89tn on debt servicing between January and August. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this during the public presentation and breakdown of the highlights of the 2022 appropriation bill held in Abuja on Friday. According to Minister, in … [Read more…]
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the the Federal Government has generated N3.93 trillion, being 73 per cent of its targeted N7.9 trillion revenue for 2021. She made the disclosure on Friday in Abuja, at the Public Presentation and Breakdown of the Federal Government 2022 Appropriation Bill. … [Read more…]
