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Federal Accounts Allocation Committee
The Managing Director and Chief Executive Officer, Financial Derivatives Company Limited, Mr Bismarck Rewane, has said fuel subsidies are a huge drain on government’s revenue.
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 party said the discovery has “not only exposed the shameless hypocrisy of the Buhari Presidency, but also stripped it of all integrity and brought its deceptive saintly posturing to a disgraceful end”.
There was jubilation in Abakaliki, the Ebonyi State capital, on Friday as civil servants in the state started receiving alerts for their July salaries despite the inability of the Federation Accounts Allocation Committee (FAAC) to release both the June and July allocations to states.
Governor Nyesom Wike of Rivers State has said that his administration was able to pay the salaries of civil servants for June 2018 without releases from the Federal Accounts Allocation Committee, FAAC, because of careful financial engineering.
Despite the deadlocked Federal Accounts Allocation Committee meeting over disputed payments into the federation purse, the Kwara State Government on Friday commenced payment of June salaries to state workers.
Chairman of Zenith Bank Plc, Mr Jim Ovia, has expressed his desire to see Mr Akinwunmi Ambode re-elected as governor of Lagos State in 2019, hinging his position on what he sees as impressive performance in the last three years.
Mr Ahmed Idris, Accountant-General of the Federation, said the Federal Government, States and Local Governments shared N558.082 billion in October compared to N637.704 shared in the previous month.
The refund of the excess paid by States on the Paris Club loan has been described as the rights of the States and not a privilege.
The Benue Police Command has confirmed the killing of four persons in the early hours of Saturday at a burial in Tongov district of Katsina-Ala Local Government Area.
Pierre-Emerick Aubameyang grabbed the winner as Arsenal overcame a stubborn Burnley to maintain their winning start in the Premier League with a 2-1 victory at the Emirates Stadium on Saturday.
The National Business and Technical Examinations Board, has released the 2019 May/June NBC/NTC examinations
Ebonyi State government has commenced construction work on a 150-metre road leading to the Redeemed Christian Church of God, Gate of Heaven Parish, at the Nkaliki area of Abakaliki, the state capital.
Ex-agitators in the Niger Delta region are calling on the federal government to fulfill its promise to engage them with pipeline surveillance jobs.
Gov. Bello Matawalle of Zamfara has approved the appointment of Alhaji Kabiru Balarabe as the new Head of Service for the state’s Civil Service.
Lille coach, Christophe Galtier, has hailed Victor Osimhen after he hit a brace on his debut for the club.
Young Star Foundation, a non-governmental organisation, has advised youths in Kogi and Bayelsa to shun electoral violence and thuggery during the Nov. 16 governorship polls in the two states.
Hopes of boosting agribusiness in Nigeria brightened on recently as a consulting and digital technology firm, Crenov8 Consulting, said it was working on creating a strong linkage between Nigerian farmers and produce buyers in the United Arab Emirates and Africa.
The Bayelsa State government says it spent N79.7m on corps members serving in the state in the last four months.