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Minister of Finance
Vice President Yemi Osinbajo on Tuesday said the exploration of the bitumen deposit in Ondo State was critical to the development of the state.
Vice-President Yemi Osinbajo on Monday said that a minimum amount of N700bn must be generated and shared by the Federation Account Allocation Committee monthly to the three tiers of government to enable them to meet up with obligations of salaries payment, statutory transfers and debt servicing.
Vice President Yemi Osinbajo has advised states and local government areas to urgently harness their untapped resources for greater economic development, as days of over-relying on the Federal Government for survival were gone for good.
The Tanzanian government has announced the seizure of diamonds worth an estimated $29.5 million after accusing British company Petra Diamonds, of undervaluing the worth of the gems.
Media reports stated that the EFCC had alleged that the office of the AGF leaked classified information concerning the purported investigation of the CJN and others by security agencies over corruption.
The high-profile individuals who are reportedly being probed by the Economic and Financial Crimes Commission (EFCC) include former governors, ex-ministers, justices and an ex-first lady.
Names of some high profile individuals being investigated by the Economic and Financial Crimes Commission, EFCC, have been revealed.
The Minister of Finance, Mrs. Kemi Adeosun, on Monday confirmed the release of the sum of N350bn to Ministries, Departments and Agencies of the Federal Government for the implementation of capital projects contained in the 2017 budget.
The much awaited confirmation from National Bureau of Statistics (NBS) on whether or not Nigeria has finally exited its longest recession since 1987 will now be released on Tuesday.
A Federal Government team is expected to meet with representatives of the Academic Staff Union of Universities, ASUU, on Tuesday in furtherance of the moves to resolve the ongoing strike which has paralsyed activities in universities across Nigeria.
President Muhammadu Buhari is delighted over the improving state of the economy, Femi Adesina, his spokesman, has said.
Kemi Adeosun, minister of finance, says there is an urgent need to reposition the federation account allocation committee for better performance through efficient management of resources.
The Minister of Finance, Mrs. Kemi Adeosun, has advised all tiers of government to strive for fiscal discipline, improved revenue generation, rational allocation and efficient use of resources if the economy is to move back to sustainable growth and development.
Kemi Adeosun, minister of finance, has been appointed the chairperson, board of governors of Economic Community of West African States (ECOWAS) Bank for Investment and Development.
Tottenham have re-signed goalkeeper Michel Vorm on a deal until the end of the season to cover for the injured Hugo Lloris.
South East Governors Forum have resolved to meet with President Muhammad Buhari on Thursday over the welfare of Ndigbo.
Ahead of the preparations toward the Tokyo 2020 Olympics, the Minister of Youths and Sports Development, Sunday Dare, on Monday assured athletes that he would ensure a minimum of five months camping.
Oyo State Government has imposed fees on the transfer of students from private to government owned schools, pointing out that the costs were meant to offset administration procedures.
The Nigerian Institution of Metallurgical Mining and Materials Engineers (NIMMME) has said with available reserves of Iron Ore and lead, asides other resources, the nation can generate $292 billion.
The Minister of Science and Technology, Dr. Ogbonnaya Onu, has said the total revenue from the nation’s leather industry now valued between $600 to $800 million annually.
Speaking during the presentation of a play entitled, ‘Folly of Men’, on Sunday, at the University of Lagos (UNILAG), the renowned writer described the country’s education as horrifying.
An estimated $582 billion has been stolen from Nigeria since independence in 1960.
Government College, Ibadan Old Boys Association (GCIOBA) says it has so far raised over N60 million to support educational development of the school.
Gunmen suspected to be kidnappers have killed one person and abducted a Nigerian Security and Civil Defence Corps (NSCDC) officer, with his two children at Dafara community, in Kuje Area Council, Abuja.