Use of common seal by companies no longer mandatory – CAC boss The Registrar-General, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, has said the use of common seal by companies is no longer mandatory. Abubakar said this in statement issued on Thursday in Abuja, signed by Mr Rasheed Mahe, CAC’s Media Head, after declaring open … [Read more…]
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) said, yesterday, the review of the 2021 budget has led to discovery of 257 duplicated projects worth N20.138 billion. Chairman of ICPC, Prof. Bolaji Owasanoye, made the disclosure at the third national summit on Diminishing Corruption in Public Sector, with the theme: Corruption and … [Read more…]
Emeritus Archbishop of Abuja, Cardinal John Onaiyekan, has called on the Federal Government to tackle the menace of abandoned street children in order to end the country’s security problems. Onaiyekan made the call in Abuja yesterday while speaking at the premiere of ‘’The Oratory’’, a movie raising awareness on the plight of street … [Read more…]
The President, Nigeria LPG Association, Mr. Nuhu Yakubu, said the association had been engaging with relevant agencies, with a view to addressing the issues. Speaking at the just-concluded 11th International Conference and Exhibition in Lagos, he said: “As an association, we are currently engaging with respective government agencies in addressing issues around … [Read more…]
THe Pentecostal Fellowship of Nigeria (PFN) has cautioned the Federal Government against further aggravating the suffering of Nigerians through the proposed subsidy removal. Its President, Bishop Wale Oke, noted that the implementation of such a policy could increase the hardship being experienced, especially by the masses. Breaking News, Nigerians can now work in … [Read more…]
Ingrace Group unveils “Water on Wheels” project. Ingrace Group has launched a project named ‘Water On Wheels’, which will facilitate the availability of clean, portable water at the doorstep of Enugu residents via online booking. Speaking at the launch which took place on 26th November, 2021, Chinedu Onu, the Founder/President of Ingrace Group of Companies … [Read more…]
CBN spends N58.6bn to print 2.52bn Naira notes The Central Bank of Nigeria spent the sum of N58.6 billion to print 2.52 billion Naira notes valued at N1.1 trillion in 2020. Disclosing these yesterday in its Annual Currency Operations report for 2020, the apex bank also said it utilized $1.83 billion within the same year … [Read more…]
Angry Igbo youths, yesterday, accused the Federal Government of deliberately arresting successful Igbo sons for selfish and political motives. Their anger followed the recent arrest of Igbo billionaire entertainer, Obinna Iyiegbu, popularly known as Obi Cubana, by operatives of the Economic and Financial Crimes Commission (EFCC) over alleged money laundering and tax evasion. … [Read more…]
The total amount of money owed to the Chinese government by the Federal Government as at March last year rose to $3. 121 billion (N1,126.68 trillion at USD/N361). The amount represents only 3.94 per cent of Nigeria’s total public debt of $79.21 billion as at September 2021. Similarly, in terms of external sources … [Read more…]
THE All Progressives Congress, APC, Federal Government must accept the blame for the fact that after six years in power, we are still deeply mired in our intractable petrol subsidy regime. As the leader of the then opposition party, Muhammadu Buhari had intensely argued that there was no fuel subsidy; that the subsidy … [Read more…]
Governor AbdulRahman AbdulRazaq hardly grants interviews. In this rare chat with a select group of journalists, he speaks on the challenges of governing Kwara, how insecurity in North-West and ban of open-grazing in Southern Nigeria is affecting Kwara, his problem with Senator Bukola Saraki; and relations with Minister of Information and Culture, Alhaji Lai Mohammed, … [Read more…]
Socio–Economic Rights and Accountability Project (SERAP) has filed a lawsuit against President Muhammadu Buhari over his failure to probe allegations that over 880 billion of public funds are missing from 367 ministries, departments and agencies (MDAs), to ensure the prosecution of those suspected to be responsible, and the recovery of any missing or diverted public … [Read more…]