Home Topics Funds

Funds

Zainab Ahmed, the minister of finance, budget and national planning, says state and local governments share some of the responsibility to fix roads in Nigeria.

2020 Budget: Nigerian government records 89% capital release in December 2020

The Minister of Finance, Budget and National Planning, Zainab Ahmed, says as at December 2020, Federal Government recorded 89 per cent release to Ministries Departments and Agencies (MDAs) for capital component of the 2020 budget.

Trader jailed for pirating Bible in Akwa Ibom

Justice F. O. Riman of the Federal High Court, Uyo, Akwa Ibom State, has sentenced a trader, Chinonso Ugochukwu, to one year imprisonment for pirating the Bible.
Governor Samuel Ortom has denied reports that he requested a return of confiscated weapons.

Benue governor: We’re not against any tribe but killer herdsmen

Gov. Samuel Ortom of Benue says people of the state are fighting against terrorists and killer herdsmen, not against the Fulani ethnic group as some Nigerians believe.
A former executive secretary of the Lagos State Scholarship Board, Stephen Oshinowo, diverted the board’s N127 million to his personal use, an EFCC investigator has said.

EFCC: How Lagos Scholarship Board boss diverted N127 million to personal use

A former executive secretary of the Lagos State Scholarship Board, Stephen Oshinowo, diverted the board’s N127 million to his personal use, an EFCC investigator has said.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Senator Lawan: National Assembly will approve extra-budgetary funds to fight insecurity

The leadership of the National Assembly on Monday gave an assurance that it will approve extra-budgetary request of the Executive for the security agencies to wage a total war on the rising level of insecurity in the country.
As reactions continue to trail appointment of Barrister Effiong Akwa as Sole Administrator of the Niger Delta Development Commission, NDDC, a group, the Oron Union has lauded President Muhammadu Buhari for settling for a man they described as “a leader with capacity and capability to effectively confront the developmental challenges bedeviling the region.”

Coronavirus palliatives: Senate to issue warrant for NDDC sole administrator’s arrest

The Senate on Monday resolved to issue a warrant for the arrest of the Sole Administrator of the Niger Delta Development Commission (NDDC), Effiong Akwa, over his refusal to appear before it in relation to an alleged mismanagement of N6.2 billion on COVID-19 palliatives by the agency’s management last year.
Prosecutors failed to attend Tuesday’s hearing at the federal high court in Lagos, having previously failed to present some of their witnesses in a case that had been adjourned on several occasions.

46-year-old man in court for ‘stealing’ N900,650 from cooperative society

A 46-year-old man, Saidi Omilabu, on Monday appeared in a Magistrates’ court, sitting in Ogudu, Lagos, for allegedly stealing N900,650 from a Cooperative society.
David de Gea has become “a real problem” for Manchester United says Paul Scholes, but the Red Devils legend feels another “real dominant centre-back” remains Ole Gunnar Solskjaer’s most pressing transfer requirement.

Paul Scholes: David de Gea has become ‘a real problem’ for Manchester United

David de Gea has become “a real problem” for Manchester United says Paul Scholes, but the Red Devils legend feels another “real dominant centre-back” remains Ole Gunnar Solskjaer’s most pressing transfer requirement.
The Economic and Financial Crimes Commission (EFCC) Tuesday night denied reports that the Chairman-designate, Abdulrasheed Bawa, was arrested and detained by the agency under former Chairman, Ibrahim Magu, over illegal sale of 244 forfeited trucks.

EFCC: Former governors, ministers against Abdulrasheed Bawa’s appointment – APC chieftain

A chieftian of the All Progressives Congress (APC), Sir Lucky Worluh, has accused some former governors and ministers of working against the appointment of Abdulrasheed Bawa as Chairman of the Economic and Financial Crimes Commission (EFCC).
The Ikere Ekiti community in Ekiti State has raised the ₦60 million as part of its contribution to the smooth take off of the newly created Bamidele Olumilua University of Education, Science and Technology, Ikere Ekiti (BOUESTI).

Ekiti community raises N60 million for newly established university

The Ikere Ekiti community in Ekiti State has raised the ₦60 million as part of its contribution to the smooth take off of the newly created Bamidele Olumilua University of Education, Science and Technology, Ikere Ekiti (BOUESTI).
Oyo governor, Seyi Makinde, says he's opening discussions with COVID-19 vaccine manufacturers to get a sufficient supply for residents of the state.

Oyo 2023: Why we adopted Governor Makinde for second term – PDP stakeholders

Stakeholders of the Peoples Democratic Party in Ogbomoso Zone have risen in defence of their decision to adopt Governor Seyi Makinde for a second term in office, declaring that the governor has firmly positioned Ogbomoso’s economy on the global pedestal.

HEDA sues accountant general over details of N173 billion MDAs budget

A Federal high Court in Abuja has been asked to compel the Accountant General of the Federation to release details of the N173 billion released to various Ministries, Departments and parastatals during COVID-19

VON chief: Livestock commission’ll end herders, farmers’ crisis

The Director General, Voice of Nigeria, VON, Osita Okechukwu, has advised the Federal Government to listen to people calling for the creation of a national livestock commission.

SERAP urges President Buhari to probe, recover money missing from UBEC, SUBEB

The Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari to direct the Attorney General of the Federation (AGF) and Minister of Justice, Mr Abubakar Malami, to work with appropriate anti-corruption agencies to promptly probe allegations of corruption in the Universal Basic Education Commission (UBEC) and State Universal Basic Education Boards (SUBEBs) between 2004 and 2020.

NHIS has achieved universal health coverage in formal sector – scribe

Prof Mohammed Sambo, Executive Secretary of the National Health Insurance Scheme (NHIS), says the company has achieved Universal Health Coverage (UHC) of the nation’s formal sector.
The National Health Insurance Scheme (NHIS) is to digitalise its services before the end of this year, the Executive Secretary of the organisation, Prof. Mohammed Sambo, announced in Abuja on Sunday.

NHIS to establish catastrophic fund

The National Health Insurance Scheme (NHIS) is to establish a National Catastrophic Fund to address terminal ailments such as cancer, advanced heart disease, among others.
Newsmen report that the meeting is being presided over by President Muhammadu Buhari at the Council Chambers of the Presidential Villa, Abuja, on Wednesday.

SERAP asks President Buhari to explore other options instead of selling national assets

The Socio-Economic Rights and Accountability Project (SERAP) yesterday advised the Muhammadu Buhari Administration to explore other options to raise funds to fund the budget instead of selling national assets.
Peter Obi

Group urges Peter Obi to contest 2023 presidential election

According to him, the appeal is based on the national acceptance of Obi due to his prudent management of public funds and selfless service to various sectors of the economy, irrespective of state, religion or ethnicity.

Official: NHIS has achieved success in Nigeria’s formal sector

Mohammed Sambo, the Executive Secretary of the National Health Insurance Scheme (NHIS), says the agency has achieved Universal Health Coverage (UHC) of the nation’s formal sector.

Nigeria Customs wants government to re-introduce N1.50k per litre on petroleum products

THE Comptroller General of Nigeria Customs Service, NCS, Col. Hameed Ibrahim Ali, retd, told the Senate that the revenue generating agency has asked the Federal Government to reintroduce the abolished N1.50k per litre imposed on Petroleum Products in accordance with the Petroleum Product Tax Regime of 2004.
The new Interim Coordinator of the Presidential Amnesty Programme, Col. Milland Dixon Dikio (Rtd), has resumed duty at the Amnesty office, Abuja.

Amnesty Office probes fraudulent contractors

The office of the Presidential Amnesty Programme (PAP) has launched a probe into fraudulent activities of some contractors and vendors engaged by the scheme to train and empower ex-agitators.

Industrialist: How to end unemployment

An industrialist, Chief Fatai Soewu has said that for unemployment to end in the country, the federal and state governments should invest into the agriculture sector.

Recent Stories

Sheikh Ahmad Gumi says the easiest and safest way to end insecurity in the north is to negotiate peace with the bandits that have turned the region into a killing field.

NUJ calls for Sheikh Gumi’s arrest

The Nigeria Union of Journalists (NUJ), on Friday, called for the arrest of Sheikh Ahmad Gumi, for saying journalists are criminals for calling bandits criminals.
Mr Bank-Anthony Okoroafor, an energy expert, has commended the Federal Government on plans to make available 600,000 gas cylinders in the country as part of effort to drive Liquified Natural Gas (LPG) penetration.

Nigerian government to launch new pricing framework for gas operations

The chairman of National Gas Expansion Programme (NGEP), Mohammed Ibrahim, says the federal government will launch a new pricing framework to regulate operations in the gas sector.
Nuno Espirito Santo (left) jokes with Raul Jimenez (right), who visited Wolves while training

Wolves boss ‘confident’ Raul Jimenez will return this season

Wolves manager Nuno Espirito Santo is "totally confident" Mexico striker Raul Jimenez will be back from his fractured skull before the end of this season.

OPC nabs four ‘kidnappers’ in Ibarapa

The Oodua Peoples Congress, OPC, in Oyo State said yesterday that it arrested four suspected Kidnappers in the Ibarapa, area of the state.
“Now countries are still pursuing deals that will compromise the COVAX supply,” WHO senior adviser Bruce Aylward told a briefing. “Without a doubt.”

WHO: Countries threaten global COVAX vaccine supply by making own deals

Countries seeking their own vaccine doses are making deals with drug companies that threaten the supply for the global COVAX programme for poor and middle-income countries, the World Health Organization said on Friday.

Most Popular

Arsenal captain, Pierre-Emerick Aubameyang, has apologised to fans and his teammates for missing a good chance against Benfica in the Europa League.

Jamie Redknapp: Pierre-Emerick Aubameyang has past his best

The Gabon international endured a difficult game in the 1-0 loss to Manchester City on Sunday, failing to register a single shot on target.
A Nigerian police officer holds a bunch of handcuffs in Abuja on October 3, 2020. Sodiq Adelakun-Channels TV

Police arrest two traffic robbery suspects in Lagos hotel

Two suspected members of a robbery gang that had been terrorizing commuters along Agboju/Alakija, Two/Badagry expressway, Lagos, have been arrested by policemen attached to satellite division.
Georgian police arrest the opposition leader Nika Melia after storming the United National Movement party offices in Tbilisi. Irakli Gedenidze-Reuters

Transparency condemns arrest of Georgian opposition leader

The rights body said it believes the raids on the offices of the United National Movement opposition party and arrest of its leader will only worsen the current political crisis in the country.
Reports say Seif Bamporiki was killed while delivering furniture to a client on Sunday afternoon in Cape Town. It is not clear whether the murder was politically motivated.

Exiled Rwandan politician shot dead in South Africa

Reports say Seif Bamporiki was killed while delivering furniture to a client on Sunday afternoon in Cape Town. It is not clear whether the murder was politically motivated.
National Association of Nigeria Nurses And Midwives (NANNM)

Ondo nurses declare three days warning strike

The National Association of Nigeria Nurses and Midwives (NANNM), Ondo State Chapter has directed its members to embark on a three-day warning strike from March 1 over the percentage payment of their salaries by the state government.