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Tag Archives: Federal Government

FG now borrows to pay civil service salaries- Finance Minister

The Minister of Finance, Mrs. Kemi Adeosun, Thursday, said the ministry cannot afford to pay the N1.2 billion requested by its workers, while she confirmed that the Federal Government was already borrowing funds to be able to pay the N165 billion a month needed to cover civil service salaries. Adeosun, in a statement in Abuja, after the meeting held with ...

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Arms Deal: I rest my case in God for ultimate judgement- Dasuki

Former National Security Adviser (NSA) Colonel Mohammed Sambo Dasuki (rtd) has told a Federal High court in Abuja that he has rested his case in God for the ultimate judgment. In an emotion submission, while reacting to the government request for his secret trial, Dasuki who spoke through his counsel Mr. Joseph Daudu, SAN, told the court that he has ...

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N1.04trn MTN fine: “Attorney-General, Accountant-General in secret deals to shortchange Nigeria”

Nnaji

Chairman, Senate Committee on Communications, Senator Gilbert Nnaji on Thursday at plenary revealed that the Committee has discovered in the course of its investigation into a fine of N1.04trillion slammed at the South African tele-communication giant, MTN, that the Attorney-General and the Accountant-General of the Federation have secretly struck a deal with a view to shortchanging the nation. Raising a ...

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Aisha Buhari’s link to Jefferson’s scandal: Fayose is childish and shameless- Presidency

The presidency has dismissed and termed as laughable the linking of the wife of the President, Aisha Buhari, to US Congressman, William Jefferson’s bribery scandal for which the American lawmaker was convicted in 2009. Reacting to the governor’s allegation in a press statement on Tuesday, the Senior Special Assistant to the President on Media and Publicity, Malam Garba Shehu, said ...

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FG reduces MTN fine to encourage foreign investments- Communications Minister

MTN-v-NCC

Mr Adebayo Shittu, Minister of Communications, had said that the $5.2billion fine slammed on telecommunication giant, MTN, was reduced to encourage foreign investments into the country. Shittu said this on Sunday in Ibadan at an award ceremony in honour Chief Lekan Balogun, the Otun Olubadan of Ibadanland. He said that the Federal Executive Council (FEC) decided to reduced the penalty ...

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Nigerian Govts must buy made-in-Nigeria products- Senate

The Upper Chamber of the National Assembly on Thursday passed into law the Public Procurement Act 20‎07 (amendment) bill 2016, which makes it mandatory for government agencies to patronize made-in-Nigeria goods. The Act, which seeks to promote local content, is one of the priority bills of the Senator Bukola Saraki-led Senate. Speaking after the consideration of a report on the ...

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Food Security: Farmers and Fulani herdsmen must settle clashes- Monarch

A first class traditional ruler in Nasarawa State, Alhaji Usman Abdullahi, on Wednesday called for understanding among farmers and Fulani herdsmen in the country in order to boost food security. The authorities blame nomadic Fulani tribesmen for an increasing number of kidnappings for ransom in northern Nigeria. Abdullahi, who is the Ohimegye Opanda of the state, made the call in ...

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Breaking News: Finally, CBN setting stage to devalue Naira

Nigeria’s central bank said it will allow the naira exchange rate to be market-driven, setting the stage for a devaluation of the currency when the new system comes into effect June 20. Vanguard newspaper reports that the Central Bank of Nigeria will select a group of around 10 primary dealers through which the naira will be traded, reports Bloomberg. ATM-Naira-and-Dollar ...

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FG denies asking States to contribute to the food programme

The Presidency has revealed that N93.1bn has been provided for the effective implementation of the Federal Government National Home-grown School Feeding. Distancing the administration from the news that it asked State governments to contribute financially to the programme. This was made known by the Senior Special Assistant to the Vice-President on Media and Publicity, Mr. Laolu Akande, after Ekiti State government last ...

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Job creation: FG receives 400,000 applications in 36 hours

The Presidency was yesterday in a happy mood when it discovered that the newly launched jobs portal of the Federal Government “N-Power. gov.ng,” has recorded over 400,000 successful registrations within 36 hours. This was announced by the Job Creation Unit in the Presidency. But there was an air of puerile feelings around the Presidential Villa that the celebration was misplaced ...

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