Funds

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.

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.

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.

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.

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.

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.

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).

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.

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

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.

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.

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 establish a National Catastrophic Fund to address terminal ailments such as cancer, advanced heart disease, among others.

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.

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.

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.

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 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.

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.