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The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption.
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, said that President Muhammadu Buhari ordered the release of 70,000 tonnes (2,333 trucks) of grains from the Strategic Grains Reserve for distribution to states at the outset of the COVID-19 pandemic.
The Minister of State for Budget and National Planning, Prince Clem Agba, said the federal government had earmarked the sum of N126 billion in the Economic Sustainability Plan (ESP) to upgrade health infrastructure across Federal Medical Centres (FMC) and teaching hospitals with intensive care units.
The former Minister of Finance, Kemi Adeosun, and the incumbent Minister of Finance, Budget and National Planning, Zainab Ahmed, are expected to appear in person before the House of Representatives Committee on Public Accounts to give accounts on the sum of 1.7 trillion naira appropriated for the implementation of National Social Investment Programmes from 2016 to 2019.
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, has stated that the provision of stimulus package by the Federal Government will go a long way in preventing the country from plunging into deep economic recession.
The Federal Government has inaugurated the Joint Planning Committee (JPC) for the 26th Nigerian Economic Summit (NES#26) scheduled to hold in October 2020.
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, says the Minister of Sports and Youth Development, Mr Sunday Dare, is a thoroughbred professional, fine public officer and decent politician.
Minister of State for Budget and National Planning, Prince Clem Ikanade Agba, has said that the Federal Government expects the injection of about N2 trillion stimulus into the economy in response to the COVID-19 pandemic and the fall in oil prices.
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
The Minister of State for Budget and National Planning, Clem Agba, has said that the Federal Government will inaugurate a committee for the new economic plan next month.
The National Chairman of the All Progressives Congress (APC), Adams Oshiomole, has explained why being national chairman of the party cannot stop him from participation in the local politics of his home state.
The crisis rocking the Edo state All Progressives Congress (APC) continued as the platform built for speakers and two vehicles in the venue were destroyed and burnt overnight by unknown persons.
The Federal Government has assured Nigerians that it would promptly intervene in humanitarian crises and disaster issues across the country, just as it promised to ensure that adequate funds are earmarked for all such critical interventions in the annual budget.
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.
The Federal Government has announced that it was fine-tuning arrangements to embark on a 30-year economic long-term development plan.
Minister of State for Budget and National Planning, Mr Clem Agba, has said that the Federal government would maintain its benchmark of 60 dollars per barrel in spite of the sudden increase in the price of crude oil.
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The Senate has been told that the Federal Capital Territory Administration, FCTA spent a total sum of N28.5billion on some activities within the Federal Capital Territory, FCT during the outbreak of the Coronavirus COVID-19 pandemic, especially during the lockdown.
The Chairman of the Nigerian Communications Commission (NCC), Professor Adeolu Akande, has said only good governance will silence social media from its criticism of government.
The Independent National Electoral Commission, INEC, has expressed readiness for the conduct of bye-elections across 11 States this Saturday.
Following the Senate’s clearance of reappointed Chairman of the Independent National Electoral Commission INEC, Prof. Mahmood Yakubu, the ruling All Progressives Congress APC has set an agenda for the chief electoral umpire, urging him to be unbiased and apolitical.
As policymakers and investors explore all options available to revive the post-COVID-19 economy, a group of experts have recommended an increased focus on the industrialisation and vibrant trade flows found in Nigeria’s free trade zones.
Kano State Governor Abdullahi Umar Ganduje said on Wednesday that his administration had spent about N1.8 billion to sponsor students to Nigerian private universities.
As Nigerians prepare for the World AIDS Day, commercial sex workers in Sokoto say they have adopted the principle of “no condom, no sex” as part of efforts to protect themselves from contracting HIV virus.
Religious leaders under the auspices of Interfaith Dialogue Forum for Peace (IDFP) have said that the nation’s current security architecture cannot solve the insecurity facing the country.
Bielsa was an eye-catching inclusion on the five-strong shortlist for Best FIFA Men's Coach, with the Championship-winning manager named alongside Hansi Flick, Julen Lopetegui, Zinedine Zidane and Liverpool boss Jurgen Klopp.
Fans of Premier League clubs in London and Liverpool can attend games when a monthlong national lockdown to contain the spread of COVID-19 is lifted on December 2, after the two cities were among those classified on Thursday as falling into high-alert regions.