Indications have emerged that the Federal Government’s bond issues are squeezing the private sector out of the bonds market as it has raised over N4.7 trillion, far above what private sector organisations have been able to raise from the Nigerian capital market, Year-to-Date, YtD August 2021. The private sector raised N802 billion in corporate … [Read more…]
The Federal Government on Sunday threw its weight behind moves by herdsmen to sue southern governors over the anti-open grazing bill they recently signed into law. The Special Assistant (Media) to the Attorney-General of the Federation and Minister of Justice, Dr Umar Gwandu, who disclosed this in an interview with The PUNCH, said … [Read more…]
36 state attorneys general sue Malami wants supreme court to declare as unconstitutional the federal government’s failure to turn in income and returns obtained from recovered and forfeited assets. The 36 state attorney-generals in Nigeria have sued Abubakar Malami, attorney-general of the federation over seized assets and recovered funds. In an originating summons filed before … [Read more…]
The Federal Government has hinted that the over two months suspension of Twitter’s activities in Nigeria will soon be lifted following agreement that has been reached in most areas of contention with the platform. The government had, on June 5, 2021, officially put an indefinite ban on Twitter, restricting it from operating in … [Read more…]
Recall that bandits on July 5 invaded the school and abducted more than 100 students. On July 25, when 28 of the students were released, the President of the Nigerian Baptist Convention, Rev Israel Akanji, said 87 of them were still in captivity. Giving an update in an interview with The PUNCH … [Read more…]
Socio–Economic Rights and Accountability Project (SERAP) has filed a lawsuit asking the Federal High Court in Abuja to stop the Federal Government and Minister of Information and Culture, Mr. Lai Muhammed from using the unlawful directive to TV and radio stations not to use Twitter and to delete their accounts, as a pretext to harass, … [Read more…]
The President, Major General Muhammadu Buhari (retd.), on Tuesday, warned people behind security problems in the country, saying he would soon be hard on them. Buhari also said secessionists were too young to know loss of lives and other tragedies that attended the Nigerian civil war of 1967 to 1970. Buhari said … [Read more…]
All outstanding payments to Batches A and B beneficiaries of N-Power programme have been paid, the Federal Government said on Thursday. It also announced that it was about to conclude the new enrollments of one million beneficiaries under Batch C of the social investment programme. The Minister of Humanitarian Affairs, Disaster Management … [Read more…]
The Federal Government has taken a step towards addressing the rising agitation in certain parts of the country currently threatening Nigeria’s unity. According to Vice President Yemi Osinbajo, states have been directed to hold consultations and dialogues on the issue and are to report back to the Federal Government. This was part … [Read more…]
The Federal Federal Government, yesterday, acknowledged the nation’s precarious security situation and came up with a grim verdict: Nigeria is bleeding. The government confessed that with the death of veteran Chadian president Idriss Deby, the absence of Chad’s influence on the border may worsen Nigeria and other neigbouring countries’ security situation. … [Read more…]
Governors of the 36 states will discuss the issue of fuel price on Thursday. Minister of Labour and Employment, Chris Ngige, disclosed this on Sunday after a bipartite meeting of the Federal Government and the organised labour at the Banquet Hall of the Presidential Villa Abuja. Leadership of the Nigerian Labour Congress and the Trade … [Read more…]
The Federal Government has approved the redeployment of 109 civil servants on directorate level cutting across all ministries. In the civil service, those on directorate level are directors, who are on Salary Grade Level 17; deputy directors on SGL 16; and assistant directors on SGL 15. The redeployment of the top government officials … [Read more…]