Politics

The federal government has released a state-by-state breakdown of another tranche of Paris Club refund. The money was released alongside the allocations from the Federal Accounts Allocation Committee (FAAC). Idris Ahmed, accountant general of the federation, who announced this in a statement, said it was done so that Nigerians could have a better Christmas. A statement from the ministry of …

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Ogun State Government has indicated that it would be approaching the capital market to raise funds to support the infrastructural development of the state. Ogun State Governor, Senator Ibikunle Amosun, who led a delegation from the state to the Nigerian Stock Exchange (NSE) on Thursday, said the improved financial position of the state and key policies implemented by his government …

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Mrs. Ruth Moven is a visually impaired grassroots politician in Plateau State. Despite her disability, she is a strong grassroots politician who believes there is ability in disability. According to her, she has the leadership ability which she has demonstrated in her Ward located in the heart of Jos, the state capital. A delegate at the ActionAid summit for Persons …

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The Nigerian National Petroleum Corporation (NNPC) would continue to offer unflinching supports to indigenous private investors in the nation’s Oil & Gas Industry. Group Managing Director of the Corporation, Dr. Maikanti Baru, gave this assurance while speaking at the official commissioning of an ultra-modern 300 million-litre capacity tank farm built by a local private investor, Petrolex, at Ibefun, Ogun State. …

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The minister of transportation, Rotimi Amaechi recently said former President Goodluck Jonathan could not account for the $65 billion left in the excess crude account by President Olusegun Obasanjo. “When Obasanjo was leaving, he left about 65 billion dollars in the excess crude account, but this money was frittered away and we wonder where the money is,” he said. “As …

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Labour matters command a very high priority in the administration of President Muhammadu Buhari, Budget and National Planning Minister, Senator Udoma Udo Udoma told a team from the International Labour Organization (ILO) which visited him in Abuja. The team, led by the Assistant Director of ILO who is also the Regional Director for Africa, Ms Cynthia Samuel-Olajuwon, was in the …

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The Lagos State Employment Trust Fund, LSETF, has announced “Lagos Innovates”, a series of programs designed for the benefit of technology- and innovation-driven startups in Lagos State. By providing access to high quality infrastructure, learning, capital and networks, Lagos Innovates hopes to cement Lagos’ position as the leading destination for startups in Africa. Lagos Innovates is throwing its weight behind …

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The Federal Government on Monday said the sum of N750 billion would be released this week to Ministries, Departments and Agencies of government for implementation of capital projects contained in the 2017 budget. The Minister of Finance, Mrs Kemi Adeosun, gave the figure while speaking during a meeting with a delegation of investors from France. Advertisement She said the government …

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Oando Plc has headed for the Court of Appeal in its bid to lift the technical suspension imposed on its shares on the floor of the Nigerian stock market by the Securities and Exchange Commission. The oil company had earlier approached the Federal High Court in Lagos to challenge SEC’s suspension of its shares and an audit of its business …

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Tayo Olanipekun Governor Akinwunmi Ambode on Monday presented to the Lagos State House of Assembly a total of N1,046,121,181680 as the proposed 2018 budget for the state. The budget,tagged Budget of Progress and Development, will be used to consolidate on infrastructure, education, transportation/traffic management, security and health,according to the governor.  This is as he also noted it would also place …

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