News

Delta State Governor, Rt. Hon. Sheriff Oborevwori, Wednesday, presented a N714.4 billion Appropriation bill for the 2024 fiscal year to the State House of Assembly. Governor Oborevwori said the budget christened, ‘Budget of Hope and Optimism,’ was made up of recurrent expenditure of N316.6 billion representing 44 per cent and capital expenditure of N397.9 billion … [Read more…]

Northern Elders Forum (NEF) has appointed Abdul-Azeez Suleiman as its new spokesman. Until his appointment, Suleiman, a veteran journalist, who was the spokesman of the Coalition of Northern Groups (CNG), takes over from Dr Hakeem Baba-Ahmed. NEF’s convener, Professor Ango Abdullahi, in the appointment letter he personally signed, said Suleiman’s appointment was a reflection of … [Read more…]

Governor Umo Eno has directed the immediate release of an additional 1.5bn naira for payment of outstanding gratuities of retired workers in the State. The Chief Press Secretary to the Governor, Mr Ekerete Udoh who broke the news, said it was a further confirmation of the Governor’s resolve to fulfill his pact with workers in … [Read more…]

The Governor of Enugu State, His Excellency, Dr. Peter Ndubuisi Mbah, has directed the verification and biometric capturing of all local government workers in the state. The verification committee will be inaugurated on Friday, December 1, 2023 at the Government House, Enugu. The verification exercise shall commence on that same Friday, December 1, 2023 and … [Read more…]

Abia State Governor, Dr. Alex Otti, OFR, says his administration is open to robust partnerships that would lead to the growth of the various sectors of the state’s economy. Governor Otti spoke on Wednesday when he met with the Polish Ambassador to Nigeria, Her Excellency, Mrs. Joana Tarnawska, who paid him an official visit. The … [Read more…]

…Has No Mechanism for Economic Recovery, N750/US1 Suffocating The Peoples Democratic Party (PDP) describes the N27.5 trillion budget for 2024 fiscal year as proposed by President Bola Tinubu to the National Assembly as a huge disservice which, if allowed to pass, will further asphyxiate Nigerians and plunge our nation into more economic depression and hopelessness. … [Read more…]

The National Judicial Council (NJC) is set to investigate the issues surrounding the certified true copy (CTC) of the Kano State governorship election appeal at the Court of Appeal in Abuja. Officials of the NJC disclosed this yesterday during a visit to the headquarters of the Media Trust Ltd in Abuja. There has been confusion … [Read more…]

The Supreme Court on Wednesday ordered that the old N200, N500, N1000 notes should continue to co-exist with the new notes till further notice. The apex court ruled that both old and new notes should continue to remain legal tender until the Federal Government put a process in place for its replacement or redesign after … [Read more…]

President Bola Tinubu has arrived at the National Assembly (NASS) for the presentation of the 2024 budget estimates of N27.5trn. It’s the President’s first budget presentation before the joint session of the National Assembly since he assumed office on May 29, 2023. The President arrived at the NASS Complex around 11:10am alongside his entourage including … [Read more…]

President Bola Tinubu will, on Wednesday, depart Abuja for Dubai, United Arab Emirates, to attend the COP28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28). At the World Leaders’ Summit, which takes place on 1 and 2 December, under the theme, “Unite, Act, … [Read more…]

Nigeria’s Federal Government has increased the 2024 budget proposal from the initial N26 trillion to N27.500 trillion to meet present economic realities. It also revised the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Papers, FSP, which initially had N700 per dollar as exchange rate to N750 per dollar, while oil benchmark was reviewed from the initial … [Read more…]

A SPEECH DELIVERED BY HIS EXCELLENCY: DISTINGUISHED SENATOR WABARA, ADOLPHUS N., PH.D. AT THE 3RD EDITION OF FRONTIER DISCOURSE, AN ANNUAL PUBLIC LECTURE SERIES AND AWARD. THEME: POST SUBSIDY ECONOMY EXPLORING BOLD INITIATIVES FOR ECONOMIC RECOVERY IN NIGERIA, ON 18TH NOVEMBER, 2023. Your Excellences, Distinguished guests, Ladies and gentlemen, I stand before you today to … [Read more…]