Home Topics FGN
About two years after the Pension Fund Administrators started funding the Pension Protection Fund meant for financing minimum pension payment to retirees under the Contributory Pension Scheme, the Federal Government has yet to fulfil its own side of the funding arrangement.
The National Bureau of Statistics (NBS), says the Federal Government received a total of N263. 28 billion from the N635.55 billion Federation Account Allocation Committee (FAAC) disbursed to three tiers of government in February.
The Depot and Petroleum Products Marketers Association of Nigeria (DAPPMAN) has called off its 14-day ultimatum earlier given to the Federal Government over N650 billion debt owed its members.
Pension Fund Administrators (PFAs) have invested N6.28 trillion out of the N7.41 trillion pension assets in Federal Government’s securities, as at the end of November 2017.
The federal government, 36 states and 774 local government received N533 billion from the federation account as statutory allocation funds for November.
The FADAMA programme says no fewer than 7,000 rice producing families in Enugu State have been added to the clusters of rice producers in the state.
The Federal Government, through the Debt Management Office, is scheduled to hold the last bond auction for the year on December 13, 2017.
Former President of the Nigerian Senate, Ameh Ebute, has called on the United Nations to commence the process of investigating the activities of the leader of the Indigenous People of Biafra, Mazi Nnamdi Kanu, and members of the organization.
The Nigeria Security and Civil Defence Corps says it will collaborate with the Ibadan Electricity Distribution Company to fight against vandalism and theft of electricity cables in Ogun.
The Federal Road Safety Corps (FRSC) in Katsina State has confirmed that 11 youth lost their lives in a road accident Sunday night while celebrating Sallah.
Video gaming can be addictive in the same way as cocaine or gambling, the World Health Organization said Monday in a much anticipated update of the International Classification of Diseases (ICD-11).
A deadly clash by two rival cult groups has resulted to the death of an unidentified man at Alapere in Ketu, near Lagos.
A senator, Kabir Marafa, representing Zamfara Central Senatorial district has declared his intention to vie for the governorship slot in the state.
The Nigerian Navy Ship (NNS) in Delta, says it will continue to use swamp buggies to crush illegal refineries in Delta creeks.
The Lagos State Government is to introduce an efficient pension scheme for its workforce, an official said on Sunday.
Germany coach Joachim Low has no concerns over whether Manuel Neuer or Mesut Ozil will be ready for the champions' World Cup opener.
A 37-year-old engineer, Ayodele Aina, who allegedly obtained 800 bags of cement worth N2.04 million under false pretences appeared before Chief Magistrate A.A. Fashola of an Ikeja Chief Magistrate Court, on Thursday.
French President Emmanuel Macron on Tuesday accused Italy of "cynicism and irresponsibility" over its refusal to take in hundreds of migrants stranded on a rescue ship in the Mediterranean.