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The Minister of Mines and Steel Development, Olamilekan Adegbite, on Tuesday said the Federal Government had been able to recover 25 sites from 2007 that the programme started.

Nigerian government to slash allocations to states involved in double taxation of mining companies

The federal government will slash the allocation of states where registered mining companies are taxed by local and state governments, the minister of information, Lai Mohammed, has said.
Vice President Yemi Osinbajo.

House of Reps: We’re not probing VP Osinbajo over school feeding programme

The Office of Vice President Yemi Osinbajo is not under investigation in the ongoing probe of National Home Grown School Feeding Programme by the House of Representatives, the House Committee on Public Accounts has said.
Governor Nasir El-Rufai has appointed new members of the management team and boards of some agencies, as part of continuous efforts to strengthen Kaduna State Government structures.

Kaduna promises cash backing for nutrition budget releases

The Kaduna State Ministry of Finance on Tuesday, promised cash backing of nutrition budget releases brought before it, to ensure the implementation of nutrition programmes in the state.
The Judicial Commission of Inquiry set up by Governor Godwin Obaseki to investigate the construction of the Edo Specialist Hospital and supply of equipment has indicted former governor, Adams Oshiomhole.

Edo guber: Governor Obaseki speaks on ‘award of contract’ to his company

Gov. Godwin Obaseki of Edo has denied the allegation of bloated contracts, using his company, Afrinvest Ltd., to siphon state’s funds.
The Central Bank of Nigeria (CBN) as said that its staff in Jos Branch, on Tuesday averted what would have been another major fire disaster in the country.

PAGMI: CBN’s purchase of locally produced gold’ll boost foreign reserves

The Presidential Artisanal Gold Mining Development Initiative, PAGMI, has assured that Central Bank of Nigeria’s purchase of locally produced gold will boost the nation’s foreign reserves.
Ahmed Idris, the Accountant-General of the Federation (AGF)

IPPIS: 793,580 federal employees, 63% ASUU members captured – AGF

The Accountant-General of the Federation, Ahmed Idris, said that the salary accounts of 793,580 Federal government employees and about 63 percent of members of Academic Staff Union of Universities (ASUU) have been captured on the Integrated Payroll Personnel Information System (IPPIS).
President Muhammadu Buhari on Wednesday led other members of the Federal Executive Council to observe a minute silence in honour of the late father of the Kwara State, Abdulganiyu Abdulrasaq, who died last week.

FEC approves 15.21 million Euro, N1.708 billion counterpart funding for Siemens power deal

The Federal Executive Council, FEC, yesterday ratified the President’s anticipatory approval for the release of 15.21 million Euros offshore and N1.708 billion onshore counterpart funding for the power deal with Siemens AG, signed by the Nigerian and German governments last year.
President Muhammadu Buhari on Wednesday led other members of the Federal Executive Council to observe a minute silence in honour of the late father of the Kwara State, Abdulganiyu Abdulrasaq, who died last week.

President Buhari presides over virtual FEC meeting

Expectedly, President Muhammadu Buhari Wednesday presided over his 10th virtual Federal Executive Council (FEC) which also had in attendance his Vice, Professor Yemi Osinbajo, and eight ministers physically present.
Ogun State House of Assembly

Ogun reduces budget by 38 per cent, proposes N280 billion

Arising from the global COVID-19 pandemic with its attendant socio-economic impact on the national economies and its effects on human lives, the Ogun State government has revised its 2020 budget to N280B, to reflect the prevailing economic realities.
The Amotekun Corps Establishment Bill was signed into law on Friday by Governor Adegboyega Oyetola of the State of Osun.

Osun governor signs reduced 2020 budget

The governor of Osun State, Gboyega Oyetola, on Monday, signed the state’s 2020 revised budget of N82.2 billion into law after its passage by the State House of Assembly.

Nasarawa Assembly passes revised 2020 budget of N62.96 billion into law

The Nasarawa State House of Assembly on Thursday passed into law a revised 2020 budget of N62.96billion only.
Kwara State Governor Abdulraham Abdulrazaq

Kwara revises 2020 budget to N115 billion

Kwara State government executive council has approved slashing of the 2020 budget to N114, 791,853,968, a 29.4 per cent decrease from the approved budget of N162,487,666,170, a fallout of dwindling revenue arising from COVID-19 pandemic and steep global economic slowdown.

Australia announces biggest budget deficit since World War II

Australia says its budget deficit will be 85.8 billion Australian dollars (AD) ($61.2 billion) in 2019-20 and AD 184.5 billion in 2020-21. This marks the biggest deficit since World War II, due to the economic fallout from the coronavirus pandemic.
President of the Senate, Senator Ahmad Lawan, presiding over plenary on Tuesday at the National Assembly, Abuja.5

Senate tasks President Buhari on timely presentation of 2021 budget

President of the Senate, Ahmad Lawan, on Tuesday urged the Executive arm of Government to work on the estimates for the 2021 budget to ensure its timely presentation to the National Assembly by the end of September this year.
Nigeria Naira

Coronavirus bailout funds will boost economy – capital market operator

A Capital Market operator, Mr Boniface Okesie, says there is need for the Federal Government to urgently give COVID-19 bailout funds to local companies to reposition the economy.
European Union leaders took a break Monday morning on their fourth day of talks aimed at agreeing on a $2 trillion budget and funding to help member states cope with the effects of the coronavirus pandemic.

EU leaders in extended talks to find agreement on financial package

European Union leaders took a break Monday morning on their fourth day of talks aimed at agreeing on a $2 trillion budget and funding to help member states cope with the effects of the coronavirus pandemic.
President Muhammadu Buhari is currently presiding over the eighth virtual meeting of the Federal Executive Council (FEC) holding inside the Council Chambers of the State House, Abuja.

FEC approves 2021-2023 MTEF, projects N12.6trn budget for each year

The Federal Executive Council (FEC), on Wednesday, approved the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) with N12.66 trillion budget projection for each of the three fiscal years.
The Senate has described as “erroneous” report that it approved fresh loan of N850 billion at the plenary on Tuesday.

Senate approves N168.8 billion 2020 budget for FIRS

The Senate on Wednesday at plenary, approved the sum of N168,809,476,220 to fund the proposed 2020 budget of the Federal Inland Revenue Services (FIRS).

Recent Stories

Edo guber: Ayodele Fayose denies saying Godwin Obaseki will lose

A former governor of Ekiti State, Ayodele Fayose, has denied saying Governor Godwin Obaseki of Edo State will lose his re-election bid.
Foreign Affairs Minister, Geoffrey Onyeama, Tuesday, at the weekly PTF briefing on COVID-19, said the first set of Nigerians anxious to return to the country would be evacuated soon.

Minister: My three layers of protection didn’t stop me from contracting coronavirus

The Minister of Foreign Affairs, Mr. Geoffrey Onyeama, says though he had “three layers of protection,” they did not stop him from contracting the COVID-19 global pandemic.

Lagos task force destroys 150 illegal shanties, kiosks

The Lagos State Task Force on Environmental and Special Offences Enforcement Unit, on Wednesday, destroyed over 150 illegal shanties, kiosks and shop extensions in the Arewa Community Central Mosque area of Agege.
Edo State Deputy Governor Philip Shaibu has said officials of the administration of Governor Godwin Obaseki are different from former national chairman of the All Progressives Congress (APC) Comrade Adams Oshiomhole and the party’s governorship candidate, Pastor Osagie Ize-Iyamu.

Edo guber: PDP, APC candidates battle for monarch’s blessings

The leading candidates for the September 19 governorship election in Edo State, Governor Godwin Obaseki of the Peoples Democratic Party, PDP; and Pastor Osagie Ize-Iyamu of the All Progressives Congress, APC, are in a rat race of sorts for the support of traditional rulers in the state.
Arturo Vidal

Arturo Vidal declares Barcelona best team in the world

Barcelona midfielder Arturo Vidal has declared his side “the best team in the world” ahead of their Champions League quarter final clash against his former employers Bayern Munich.