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Debt Management Office (DMO)

DMO: Chinese loans constitute only 3.9 percent of Nigeria’s total public debt stock

Total loans by the Chinese government and affiliate agencies to Nigeria is about $3.121 billion and constitutes only about 3.94 per cent of Nigeria’s total public debt of $79.3 billion as of March 31, the Debt Management Office (DMO) has said.
Dr Mohammed Abubakar, the Minister of Environment. said the new National Forest Policy (NFP), recently approved by Federal Executive Council (FEC), would assist the country in managing and sustaining its vast forest resources.

Minister: New national forest policy will preserve ecosystems

Dr Mohammed Abubakar, the Minister of Environment. said the new National Forest Policy (NFP), recently approved by Federal Executive Council (FEC), would assist the country in managing and sustaining its vast forest resources.
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.
Prof. Kemebradikumo Pondei, Acting Managing Director of Niger Delta Development Commission (NDDC) has promised sweeping changes in the commission.

House of Reps issues warrant of arrest on NDDC boss

In reaction to his refusal to make a submission at an investigative hearing yesterday, the House of Representatives yesterday resolved after a brief meeting, to issue an arrest on the Acting Managing Director of Niger Delta Development Commission Interim Management Committee, Kemebradikumo Pondei, for contempt of the parliament.
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.
Senator Godswill Akpabio, the Minister of the Niger Delta Affairs, has reacted to what he called “a cornucopia of false, malicious, and libellous press interviews” granted by Ms. Gbene Joi Nuineh, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a “series of concerted vicious campaigns of calumny deviously orchestrated by her” against his person.

Senator Akpabio: Joi Nunieh’s sexual harassment allegation nauseating

Senator Godswill Akpabio, the Minister of the Niger Delta Affairs, has reacted to what he called “a cornucopia of false, malicious, and libellous press interviews” granted by Ms. Gbene Joi Nuineh, the erstwhile Acting Managing Director of the Interim Management Committee, of the Niger Delta Development Commission, (NDDC) in some news and social media platforms and a “series of concerted vicious campaigns of calumny deviously orchestrated by her” against his person.
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 honours late works minister John Obada

The virtual FEC meeting presided by President Muhammadu Buhari observed a minute silence for Obada, a retired major-general who died on June 13 after a brief illness at the age of 81.
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.

President Buhari presides over eighth virtual FEC meeting

Vice President Yemi Osinbajo, Secretary to the Government of the Federation, Boss Mustapha, Chief of Staff to the President Ibrahim Gambari, National Security Adviser, Maj-Gen Babagana Monguno (retd), and nine ministers are also physically attending the meeting.
Kola Ologbondiyan

NDDC: Senator Akpabio should step down for investigation – PDP

The People’s Democratic Party (PDP) has called on the Minister of Niger Delta Affairs, Senator Godswill Akpabio, to step down and allow investigation into alleged fraudulent practices at the Commission.
Recall that the N10.594 trillion 2020 Budget passed by the National Assembly was on Tuesday assented to by President Muhammadu Buhari. 4

President Buhari to sign revised 2020 budget Friday

President Muhammadu Buhari will on Friday sign into law the revised 2020 budget passed by the National Assembly in June.
Zainab Ahmed

Finance minister presents draft 2021 to 2023 MTEF to NEC

Hajia Zainab Ahmed, the Minister of Finance, Budget and National Planning, on Thursday presented the draft 2021 to 2023 Medium Term Expenditure Framework(MTEF) as well as the Fiscal Strategy Paper to the National Economic Council (NEC).
Minister of Education, Adamu Adamu

Nigerian government reverses resumption of schools

It also said no Nigerian school will participate in the West African Senior School Certificate Examinations earlier scheduled for August 5 to September 5.
8. President Muhammadu Buhari presides over the weekly virtual Federal Executive Council (FEC) Meeting, at the Council Chambers, State House, Abuja.

Aviation, education ministries, others make presentations at FEC meeting

President Muhammadu Buhari is currently presiding over the seventh virtual meeting of the Federal Executive Council (FEC) at the Council Chamber of the Presidential Villa, Abuja.
Dr Chris Ngige, Minister of Labour and Employment said this while fielding questions on television concerning the time for payment of the new wage.

Minister: Suspension of NSITF top management followed due process

The Minister of Labour and Employment, Senator Chris Ngige, on Saturday told the Nigeria Employers Consultative Association, NECA, that the suspension of the Managing Director of the Nigeria Social Insurance Trust Fund, NSITF, Adebayo Somefun, and other top management staff followed due process.
Femi Adesina, spokesman of President Muhammadu Buhari

Governor Wike vindicates Buharists

It came like a bolt out of the blue early this week, Rivers State Governor, Nyesom Wike, issued an advertisement, which went in a completely different direction compared to what he had always said of President Muhammadu Buhari.
The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN,

AGF: I’m not shielding soldiers involved in Wadume’s case from trial

The Minister of Justice, Abubakar Malami, has denied shielding from trial the 10 soldiers who allegedly killed three policemen in Taraba State while rescuing suspected kidnap kingpin, Wadume, from the police team.
The Minister of Information and Culture, Lai Mohammed, made the disclosure Wednesday after the Federal Executive Council presided over by President Muhammadu Buhari, at the State House, Abuja.

Ministry to create two million jobs in next 3 years – minister

The Minister of Information and Culture, Alhaji Lai Mohammed, says his ministry will create two million additional jobs within the next three years in line with the Buhari administration’s determination to move 100 million Nigerians out of poverty.

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Prime Minister Boris Johnson discussed telecoms security with US President Donald Trump as he prepares to announce if Britain will use China’s Huawei in its 5G networks, officials said Saturday.

Huawei will stop producing Kirin chipsets on September 15

Huawei will stop making its flagship Kirin chipsets next month, financial magazine Caixin said on Saturday, as the impact of U.S. pressure on the Chinese tech giant grows. U.S. pressure on Huawei’s suppliers has made it impossible for the company’s HiSilicon chip division to keep making the chipsets, key components for mobile phone, Richard Yu, CEO of Huawei’s Consumer Business Unit was quoted as saying at the launch of the company’s new Mate 40 handset.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps uncovers abandoned power projects worth over N156 billion

The Federal House of Representatives, in it’s oversight function, has uncovered many power projects, put together at the cost of N156 billion, that are being abandoned or are yet to be completed by the Transmission Company of Nigeria (TCN).

Biafra group warns Miyetti Allah against operating security outfit in South-east, South-south

The Biafra Nations Youth League, BNYL, on Saturday, warned Miyetti Allah Kautal Haure not to allow the Fulani Security group to operate in the Southeast and Southsouth to avoid bloody confrontation by both groups.
Governor of Kaduna State, Mallam Nasir El-Rufai, has fully recovered from coronavirus. 4

Governor El-Rufai: South should produce next President

Barely a week after President Muhammadu Buhari’s closest ally and nephew, Malam Mamman Daura, spoke against zoning of presidency ahead of the 2023 election, Kaduna Governor Nasir El-Rufa’i has said the next President should come from the South.
The Lagos Waste Management Authority on Saturday said plans had been concluded to decommission its Olusosun and Solous landfill sites. The Managing Director of LAWMA, Dr Muyiwa Gbadegesin, said in a statement that the decommissioning was due to urban encroachment and increased human activities around the areas.

LAWMA arrests 13 cart pushers for environmental laws violation

Mr Ibrahim Odumboni, Acting Managing Director, Lagos State Waste Management Authority (LAWMA), said the authority arrested 13 cart pushers and seized 29 carts for violating environmental laws of the state.