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Gboribiogha Jonah, the Bayelsa State Deputy Governor, has disclosed that the state government recorded a balance surplus of N18.564billion as at October 31, 2018.
Babatunde Fashola: Federal government increases works ministry’s budget from N18 billion to N394 billion
Minister of Power, Works and Housing, Babatunde Fashola, has disclosed that the ministry’s expansive infrastructure spending has shot its budget from N18.132 billion in 2015 to N394 billion this year.
Should oil prices continue to decline and fall below Nigeria’s Medium Term Expenditure Framework (MTEF) benchmark of $60 per barrel, the impact on the country’s economy could include the naira depreciating to $380/$, analysts at Financial Derivatives Company (FDC) have predicted.
The Federal Government, states, FCT as well as the 774 local governments on Wednesday shared N788.1 billion for the month of October.
The Kwara Government says it is yet to receive the second tranche of the London-Paris Club Refund promised by the Federal Government.
Kaduna State Governor, Mallam Nasir el-Rufai yesterday reiterated that getting reelected as the governor of the state is not paramount in his agenda.
Revenue disbursements by the Federation Account Allocation Committee (FAAC) to the three tiers of government has continued to witnessed a steady increase in three consecutive quarters of this year with N2.28 trillion shared in Q3 of 2018.
The National Economic council (NEC) and the Federation Allocation Accounts Committee (FAAC) have approved the use of Nigeria Liquiefed Natural Gas dividends for financing of the petroleum products importation.
The Kwara Government has received N3.4 billion as allocation from the Federation Accounts Allocation Committee (FAAC), for the month of October as against N3.8 billion received in September.
The Kwara State Government is to receive N3.4 billion as allocation from the Federation Accounts Allocation Committee for the month October.
Mr. Festus Keyamo has reacted to a statement by Kola Ologbondiyan, who said that the Peoples Democratic Party (PDP) presidential candidate for the 2019 general elections, Atiku Abubakar, if elected in 2019, would jail “all looters” of public treasury under the President Muhammadu Buhari-led government.
The National Economic Council (NEC) says Nigeria’s Excess Crude Account stood at over 2.09 billion dollars as at Oct. 16.
The Bayelsa Deputy Governor, Rear Admiral Gboribiogha John Jonah (rtd) on Tuesday, declared N4.4 billion as balance of funds available to the state as at September 30, 2018.
The Director of Media of the Muhammadu Buhari Campaign Organisation, Festus Keyamo, on Monday said the Nigerian government is paying for ‘premium’ on petroleum products and not subsidy.
Also, as part of efforts to enthrone transparency in the Nigerian National Petroleum Corporation (NNPC), the government disclosed that in the next few days, a new reporting template would be introduced for the corporation.
We see different things even when we are looking at the same picture. When CBN asked MTN to return the $8.1 billion dividends it “illegally” repatriated between 2007 and 2015, I was not thinking about MTN or CBN. Rather, my mind was on Econet, the ancestor of Airtel.
The Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, made this known in Abuja while briefing journalists on the outcome of the monthly Federation Account Allocation Committee (FAAC) meeting.
President Muhammadu Buhari has disclosed that a national policy on internal displacement is in the process of adoption, adding that it will help regulate the internal displacement crisis and complement the fight against the Islamist insurgency in the north east.
The Kano State Government says it will establish a Public Service Institute for the constant training of its workers.
Akbar Al Baker, the chief executive officer of Qatar Airways, says his company was not looking to be a core investor in the national carrier project, Nigeria Air.
The Police Service Commission (PSC) says it has received 158,773 applications in the ongoing recruitment of 10,000 constables into the Nigeria Police Force.
Ashley Young concedes that Manchester United have been left feeling disappointed and deflated after suffering a 3-1 defeat to arch-rivals Liverpool.
The Miners Association of Nigeria and China Miners Association have reached an agreement to strengthen the existing bilateral economic relationship between the two bodies.
Concerned by the incessant cases of kidnapping of citizens in Owo and environs, the Nigerian Bar Association (NBA), Owo branch, Ondo State Tuesday declared that no lawyer from its branch shall henceforth defend anybody that is accused of kidnapping a fellow citizen.
Ekiti State governor, Dr Kayode Fayemi, has explained why he has yet to appoint political office holders more than two months after being sworn-in.
One person died and 44 were injured when a bus crashed into a wall on a Swiss motorway early Sunday, police said.
The senator representing Sokoto North senatorial district, Aliyu Magatakarda Wamakko, in collaboration with the Central Bank of Nigeria (CBN), and the National Directorate of Employment (NDE), Tuesday commenced the training of 400 unemployed youths from across Sokoto State on how to effectively prepare profitable and acceptable feasibility studies and business plans.