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Debt Management Office (DMO)

DMO clarifies Nigeria’s external debt

The Debt Management Office (DMO) says the public debt stock of the country is a cumulative figure of borrowings by successive governments over many years.

Experts advise governments to use capital market for infrastructure funding

Private and public sectors experts have advised governments at all levels to use the capital market to bridge funding gap and develop much-needed infrastructure.

Anambra governor’s Community-Choose-Your-Project earns him CDI Award

Anambra State Governor, Willie Obiano, has been announced the winner of the 2019 award of excellence for leadership in sustainable community and social development, tagged Community Pillar Awards (CPA) by the Community Development Institute (CDI).

Abba Kyari: Kidnappers use jammers to evade arrest

The Commander, Intelligence Response Team, DCP Abba Kyari, has called for the deployment of intelligence and acquisition of sophisticated technology to tackle kidnappers that took actions to escape arrest.
The Centre for Anti-Corruption and Open Leadership, CACOL, has commended the Muhammadu Buhari’s government’s support for the quick establishment of specialized courts to try corruption and its allied cases for speedy determination of such cases within a stipulated time in order to bring culprits to book and discourage penchant for embezzlement and other forms of grand corruption.

President Buhari seeks approval for foreign loan rejected by eight Senate

President Muhammadu Buhari on Thursday forwarded a request to the Senate to reconsider and approve the federal government’s 2016 to 2018 external borrowing plan.
Deeply worried by the spread of arms among bandits in Zamfara State, Governor Bello Mohammed Matawalle said he was taking the option of instructing the security to invite former governor Abdulaziz Yari to explain the whereabouts of about 1000 AK47, he, the former governor allegedly purchased with the state’s funds in 2013.

Governor Matawalle gives former governor condition to visit Zamfara

Governor Bello Matawalle of Zamfara State has said his predecessor, Abdul Aziz Yari, could visit the state provided that he would be a law-abiding citizen.

Army, police, traffic and safety agencies unite against Lagos traffic

In a bid to address the notorious traffic congestion on Lagos roads, security, paramilitary, traffic and safety agencies have agreed to join forces.
The Kogi State Governor, Yahaya Bello, has commissioned the recently completed Okene–Kuroko-Ehika-Ikaturu-Itakpe roads, assuring that his second term would witness more of such infrastructural work.

Kogi governor commissions roads, says more to come

The Kogi State Governor, Yahaya Bello, has commissioned the recently completed Okene–Kuroko-Ehika-Ikaturu-Itakpe roads, assuring that his second term would witness more of such infrastructural work.

Tunde Fashola: I was misquoted on ‘exaggerated bad roads’

The Minister of Works and Housing, Babatunde Fashola, has explained that Nigerians misquoted him in his comment that the complaints about the deplorable state of federal roads across the country were exaggerated.

Kogi guber: Heroic welcome for Wada in Lokoja/Kotokarfe

Peoples Democratic Party (PDP) governorship candidate, Musa Wada, has promised to fix all infrastructure inherited from the past administrations by Governor Yahaya Bello, some of which have either been vandalised or left to rot away.

Presidency: Former presidents asked for tips to award contracts

It also took a swipe at critics that have condemned President Muhammadu Buhari’s alleged frequent foreign trips, declaring that the President could govern the country from anywhere, saying the overseas trips have yielded a lot of advantages to the country.
The deplorable condition of Lagos roads has been brought to the fore when lawmaker representing Oshodi/Isolo Constituency 2 at the lower chamber of National Assembly, Honourable Ganiyu Johnson, said the climatic change has made it impossible for road construction to commence since road construction cannot be done during rainy season.

Lawmaker blames climate change for delayed Lagos roads rehabilitation

The deplorable condition of Lagos roads has been brought to the fore when lawmaker representing Oshodi/Isolo Constituency 2 at the lower chamber of National Assembly, Honourable Ganiyu Johnson said the climatic change has made it impossible for road construction to commence since road construction cannot be done during rainy season.

Governor Dickson: Why Bayelsa poll‘ll be peaceful

Bayelsa State Governor, Hon Seriake Dickson, weekend, expressed optimism that the November 16 governorship election in the state will be peaceful and the Peoples Democratic Party, PDP, Candidate, Senator Douye Diri, will emerge tops.

NMS: Ajaokuta steel coy can employ 10,000 workers

The Nigerian Metallurgical Society (NMS) says the Ajaokuta steel company can employ more than 10,000 workers in Nigeria.

Apostolic Church tasks political, religious leaders on economic policies

The Apostolic Church, Nigeria, Lagos and Western/Northern Areas (LAWNA) Territory, weekend called on church and political leaders in the country to galvanise economic policies to cushion the harsh effects of youth unemployment, which he said has opened windows for insecurity, banditry, insurgency and kidnapping in the country.
Gombe State Governor, Inuwa Yahaya, has said that he took advantage of his trip to Russia with President Muhammadu Buhari to woo investors and development partners for the state. 2

Russia-Africa Summit: Gombe to reap fruits of Sochi engagement – governor

Gombe State Governor, Inuwa Yahaya, has said that he took advantage of his trip to Russia with President Muhammadu Buhari to woo investors and development partners for the state.
Speaking during the extensive exercise, the Commissioner for Transportation. Dr. Fredric Oladeinde, expressed the government’s determination to ensure sanity on Lagos roads, assuring that the enforcement activities will be sustained until success is achieved.

Lagos embarks on massive law enforcement, arrests traffic offenders, street traders, miscreants

The Lagos State government has embarked on a massive clampdown on illegal activities in various areas of the metropolis, arresting traffic offenders, street traders and miscreants in Oyingbo, Idumota and Apapa.
Godwin Obaseki

Governor Obaseki is doing what Adams Oshiomhole told us – Edo APC chieftains

Leaders of the All Progressives Congress in Owan West local government area have said they are backing Governor Godwin Obaseki for a second term because he is doing what his predecessor, Comrade Adams Oshiomhole, said he would do.

Recent Stories

Anene Sewuese Catherine

Police: Two security guards killed in Benue

Benue Police Command on Wednesday said unknown persons killed two security guards along Old River Benue Bridge in Makurdi, the State Capital.

Borrowing $22.7 billion will create more hardship for Nigerians – analyst

A Financial analyst and the chairman board of trustees of Chartered institute of Development and Social Studies, Mr Shae Bebeyi, has called on the federal government to shelve the idea of borrowing the proposed $22.7 billion saying it will at the long run create more hardships for Nigerians.

Experts: Why SMEs struggle to survive

Business experts and microfinance directors have identified lack of integrity and corporate governance as part of reasons why many small and medium businesses (SMEs) struggle to survive in the present economic situation.
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila (APC-Lagos), has announced the demise of a former member of the house, Rep. Tony Okey. 6

House of Reps probes social insurance trust fund over ‘N2.3 billion fraud’

The House of Representatives has set up an inquiry into allegations that the management of the Nigeria Social Insurance Trust Fund (NSITF) pilfered N2.3billion of workers’ funds. The motion to probe the agency was sponsored by Rep. Francis Ejiroghene Waive.
Mercy Corps

Nigeria tops world rankings with 13.2 million out-of-school children

A Non Governmental Organisation known as Mercy Corps Nigeria (MCN) has revealed through research that no less than 13.2 million Nigerian children are out of school in the country.