Politics

FG Okays N64.108 Bn For Lagos-Ibadan Road Project

fashola babatunde

The Federal government has approved N64.108 billion for additional work on 43 kilometres’ part of section one of the Lagos-Ibadan expressway. Minister of Power, Works and Housing Babatunde Fashola, who spoke with reporters after about six hours’ FEC meeting chaired by President Muhammadu Buhari at the Presidential Villa, Abuja, said it was part of the N68.6 billion approved for roads …

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FG Not Implementing 13% Derivation In Full, Says Dickson

Governor Seriake Dickson of Bayelsa State has claimed that the oil-producing states in the country are not getting the complete 13 per cent derivation of revenue derived from oil production as provided for in the Constitution. The Governor said that in spite of the express provisions of the constitution for the disbursement of 13 per cent to the producing states, …

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Right Time To Invest In Nigeria Is Now, Udoma Tells Investors In London

Minister-Udoma-Udo-Udoma

With economic policy initiatives yielding positive results coupled with a stable political climate, this is the right time to invest in Nigeria, Budget and National Planning Minister, Senator Udoma Udo Udoma, told participants at the UK-Nigeria Trade and Investment Forum in London. Senator Udoma who was speaking at the plenary session of the Forum said Nigeria’s outlook for 2018, and over the medium …

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RMAFC Recovers N57.7bn Unremitted Revenue From Banks

RMAFC

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), on Tuesday, said it has so far recovered about N57.7 billion unremitted revenues from collecting banks in its efforts to boost revenue accruals into the federation account. According to the agency, the recovery followed intensive verification and reconciliation of revenue collections and remittances by designated banks engaged by the Nigeria Customs Service (NCS) …

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Lagosians Should Prove There’s Election Census In 2019 –Ambode

Governor Akinwunmi Ambode, on Tuesday, said Lagos resident should prove with the 2019 general elections that given their population, there can be an “election census” and define where Nigeria’s population lies. Ambode made this charge at the Second Quarter 2018 Town Hall Meeting, held at the Apapa Amusement Park,stresing it would help to “correct the anomaly in distribution of resources.” …

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LSETF Launches Upgraded Website, Introduce Loans Tracking Capabilities

LSETF

In a bid to ensure a smooth application process for its loans and as well provide adequate financing for Lagos businesses, the Lagos State Employment Trust Fund (LSETF) has launched an upgraded online portal embedded with loan tracking capabilities for improved application experience for applicants of its loan programmes. In addition, the website (www.lsetf.ng) has a more visually appealing look …

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Buhari Declares For Second Term

Buhari

President Muhammadu Buhari on Monday told the National Executive Committee of the All Progressives Congress (APC) that he will be seeking the party nomination to fly the party flag in the 2019 presidential election. The party NEC also approved waiver for members of the National Working Committee and other leaders across all levels wishing to contest party offices as part of soft …

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Osinbajo Satisfied With Progress Of ERGP Focus Labs, Commends Participants

Yemi Osinbajo

Vice President Professor Yemi Osinbajo on Thursday was at the Economic Recovery and Growth Plan Mid-Lab Syndication meeting in Abuja where he expressed satisfaction with the organization of the labs and the commitment of all participants towards achieving the overall goal of the exercise. During the launch of the Labs on March 13, 2018 by President Muhammadu Buhari, it was …

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KWIRS Hands Over Revenue Collection Back To LGs

kwara-map

Folake Sokoya The Kwara State Internal Revenue Service KWIRS, has handed over the lines of revenue it was collecting on behalf of the 16 Local Government (LG) areas in the state back to their respective councils. KWIRS Chairman, Dr Muritala Awodun made this known while addressing a press conference after the Joint Revenue Committee (JRC) meeting on Thursday in Ilorin, …

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