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Budget of Recovery and Growth

Capital project funding for 2017 budget rises to 50 per cent

The federal government on Monday said it released N1.2 trillion to Ministries, Departments and Agencies (MDAs) of government for implementation of capital projects contained in the 2017 budget.

We’ve achieve 47 percent budget performance – Zainab Ahmed

The Federal Government on Monday disclosed it has achieved the capital budget performance of 47 percent in 2017, stressing that it hopes to achieve 50 percent before the end of the year.

The annual budget rituals and our hopes

This scary figure tells us that the country is not broke and that even if we are only about to reach the shore from the choppy seas of our wobbly economic management and recession, we have reasons to hope for a brighter future. The president calls it a budget of consolidation. He called this year’s budget Budget of Recovery and Growth.

Buhari’s food self-sufficiency drive is the real independence

President Muhammadu Buhari undertakes the political ritual of Independence Day broadcast to the nation this Sunday morning, in a speech that highlights major strides in the pet themes of the administration: anti corruption, war against terrorism, economic revival and infrastructure development.

Finance minister confirms N350bn release for capital projects

The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries, Departments and Agencies of the Federal Government for the implementation of capital projects contained in the 2017 budget.

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Senate will not reverse privatisation – Senator Murray-Bruce

The Chairman of the Senate Committee on privatisation, Senator Ben Murray-Bruce, on Monday evening in Katsina, said the senate was not out to victimise anybody or to reverse the privatisation of companies.

Fugitive wins seat in Nepal parliament

A fugitive wanted over a deadly attack on police won a seat in Nepal’s national parliament Tuesday, despite being in hiding and not once appearing in public during his campaign.

Uber challenges ban on cash payments in Mexican state

Uber said on Monday that it had appealed regulations that have barred it from accepting cash fares in the Mexican state of Puebla, in a new challenge to clampdowns on the ride-hailing service in Latin America.

Federal govt to refund N56bn to Zamfara

The federal government is to refund Zamfara State a sum of over N56bn expended on the reconstruction of about 610 km federal roads across the state.

British security agency finds flaw in Microsoft Windows system

The British National Cyber Security Centre (NCSC) has discovered a severe flaw that would affect Microsoft’s Windows system, including the latest Windows 10, an online report said.

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Joe Okei-Odumakin demands probe of ‘atrocities’ committed by SARS

Joe Okei-Odumakin, national convener, Nigerians Unite Against Terror (NUAT), has called for the probe of “atrocities” committed by the bad eggs within the special anti-robbery squad (SARS).

Nigeria wants Pyatigorsk as World Cup base

Nigeria have picked the city of Pyatigorsk as their first-choice base camp for next year’s World Cup in Russia, subject to approval from FIFA.

Zimbabwe proposes budget aimed at reviving bleak economy

Zimbabwe's new government plans to reduce diplomatic missions and ban first-class travel for everyone but the president as it tries to revive a devastated economy after longtime leader Robert Mugabe resigned last month.

Cameroon star Vincent Aboubakar double sees Porto through to knock-out stages

Two first half goals from Cameroon star Vincent Aboubakar helped Porto grab a place in the last 16 of the European Champions League with victory over Monaco.

Tokunbo Awolowo-Dosumu, Joe Okei-Odumakin, others decry rising cases of gender-based violence

Nigeria's former Ambassador to the Netherlands, Dr. Tokunbo Dosumu, and female activist, Dr. Joe Okei-Odumakin, have appealed for an end to gender-based violence.