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Excess Crude Oil Account
For more transparent dealing and avoidance of rancour, the Federation Accounts Allocation Committee (FAAC) is planning fresh guidelines for revenue remittances and withdrawals from the nation’s Excess Crude oil revenue Account (ECA).
Ekiti State Peoples Democratic Party (PDP) Chairman, Barr Gboyega Oguntuase, has asked the All Progressives Congress’ (APC) candidate in the governorship poll, Dr Kayode Fayemi, to explain how he spent statutory allocations and other funds that accrued to his government between 2010 and 2014.
The Federal Government, states and local governments shared N701 billion as revenue for the month of April, the Permanent Secretary, Ministry of Finance, Mr Mahmoud Isa-Dutse, said on Wednesday in Abuja.
Ekiti State Governor, Ayodele Fayose, has said the claim by Zamfara State Governor, Alhaji Abdulaziz Yari, that security agencies failed to respond to the alert given them to prevent the massacre of people in Zamfara has vindicated him.
The senator representing Benue North West, George Akume, has attacked the Inspector General of Police over his comments on the killings in his state.
An aide to President Muhammadu Buhari has said that the president won’t spend the $1 billion from the nation’s Excess Crude Oil Account, ECA, to fund the fight against insecurity unless he receives approval from the national assembly.
The Joint Admissions and Matriculation Board says it has caught someone it described as a “notorious cheat” who had registered for the UTME 64 times, with the intention of writing the examination for 64 candidates.
Police have foiled a planned procession to demand the release of former National Security Adviser, Col. Sambo Dasuki (rtd) in Sokoto state.
Any move by Iran to close the strategic Strait of Hormuz in response to the United States ending oil waivers for purchases of Iranian oil would be unjustified and unacceptable, a senior administration official said on Monday.
Iran denounced US sanctions on its oil sector as "illegal" on Monday after the United States announced it will no longer grant sanctions exemptions to Iran's oil customers.
The Federal High Court sitting in Awka will on May 30, 2019, begin hearing on the case of obtaining by false pretence involving the manager of Nnewi United football club of Nnewi, Mr. Olisa Onuchukwu.
Badagry Chapter of the Nigerian Legion has appealed to the Lagos State Government to immediately pay four months of salary arrears being owed its members.
The senior special assistant to the president on foreign affairs and diaspora, Abike Dabiri-Erewa, has described the death sentence passed on eight Nigerians in the United Arab Emirate (UAE) as unfortunate.
Even Cristiano Ronaldo was not enough for Juventus to end their 23-year wait for the European title as they crashed out in the Champions League quarter-finals for a second consecutive year.
The Auditor-General of the Federation, Anthony Ayine, says the continued poor implementation of recommendations in the auditor-general’s inspections and annual reports remains a huge clog in the efforts to rid the country’s public sector of corruption.
Nigeria coach Gernot Rohr has insisted he will not bring in new players for the 2019 Africa Cup of Nations (Afcon) in Egypt.