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Governance
January 7, 2025

2025 BUDGET: Senators Sets January 31st for Passage Tentatively, Agrees to Suspend Plenary For Two Weeks on Resumption

By Festus Fifen. The Nigeria Senate has set January 31st 2025 as the tentative date fixed for laying of reports on the 2025 Appropriation bill separately before the Senate and the House of Representatives respectively. This is as both Chambers of the National Assembly has agreed to commence consideration of N49.7trillion 2025 budget at committee... Read More
Africa News, Breaking News, Business, Finance, Governance, Nigeria Capital, Nigeria News, Politics
December 22, 2024

LEGISLATIVE CONTRIBUTIONS: Barau Tops Chart of Private Member Bill Sponsors in The Senate

By Festus Fifen Deputy President of the Senate, Barau Jibrin , currently tops the chart with 21 bills to his credit within the last 18 months in the 10th Senate of the Federal Republic of Nigeria. Records on Private Member Bills sponsorship among serving Senators in the 10th National Assembly , obtained from Rules and... Read More
Africa News, Breaking News, Business, Governance, Nigeria Capital, Nigeria News, Politics
December 19, 2024

Nigeria’s $42.01bn External Reserves Can Finance Goods Importations For Nine Months – Cardoso

…Assures Nigerians of better economic fortunes in 2025 By Festus Fifen. The Central Bank of Nigeria says the current $42.01 billion external reserves of the country, can finance importation of goods and services for more than nine months using the medium to assure Nigerians of better economic fortunes in 2025 . The CBN Governor Mr... Read More
Africa News, Breaking News, Business, Finance, Governance, Nigeria Capital, Nigeria News, Politics
December 4, 2024

Senator Ibrahim Sues for Food Vouchers in place of Federal Government Palliatives

…says it will help to stop Mismanagement of Palliative Funds   By Festus Fifen. The chairman Senate Committee on Inter- Parliamentary Affairs Senator Jimoh Ibrahim has called on the Nigeria Federal Government to look in the direction of food vouchers in place of Palliatives which is currently bedevilled with massive corruption. The Ondo South Senator... Read More
Africa News, Breaking News, Business, Governance, Nigeria Capital, Nigeria News, Politics
November 12, 2024

NDIC Begins Auction Process of Heritage Bank Assets

By Ossom Raphael The Nigeria Deposit Insurance Corporation (NDIC), has commenced process for the auction of landed properties and chattels of the failed Heritage bank. This is in a bid to ensure timely declaration of liquidation dividends to uninsured depositors of the failed Bank. This exercise, according to a statement by NDIC spokesperson Mr. Bashir... Read More
Africa News, Breaking News, Business, Business, Finance, Governance, Nigeria Capital, Nigeria News
November 5, 2024

PRESIDENT TINUBU DECORATES ACTING ARMY CHIEF OLUYEDE WITH NEW RANK, PLEDGES BETTER DAYS AHEAD FOR NIGERIANS By Festus Fifen

By Festus Fifen President Bola Ahmed Tinubu on Tuesday decorated the acting chief of army staff, Major General Olufemi Olatubosun Oluyede, with his new rank of Lieutenant General during a ceremony held at the Aso Rock Presidential Villa Abuja. The decoration of the acting army chief was held at the President’s office. According to a... Read More
Africa News, Breaking News, Defence, Governance, Military, Nigeria Capital, Nigeria News
November 1, 2024

TAX REFORM BILLS: President Tinubu Rejects NEC’s Advice, Says Bills Should Go Through Legislative Process

By Festus Fifen. In response to the recommendation by the National Economic Council NEC on Thursday that the proposed Tax reform bill be withdrawn for further consultations, President Bola Tinubu on friday says the Bill should be allowed to go through legislative process. A statement from the Special Adviser to the President on Information and... Read More
Africa News, Breaking News, Business, Governance, Nigeria Capital, Nigeria News, Politics
October 29, 2024

INCESSANT POWER OUTAGE: National Grid Has Become Obsolete – Adelabu

By Festus Fifen. The Nigeria Minister of power Adebayo Adelabu says infrastructures supporting the current National Power Grid are obsolete as most of the components are well over 50 years indicating that they need to be replaced with a more functional system Adelabu stated this while responding to questions from State House Corespondents at the... Read More
Breaking News, Business, Governance, Nigeria Capital, Nigeria News, Politics, Technology
October 23, 2024

COST OF GOVERNANCE: FEC Scraps Ministery of Niger Delta, Sports, Merges Tourism with Culture amd Creative Economy Ministry

President Tinubu and the Federal Executive Council on Wednesday scrapped the Niger Delta Ministry and the Ministry of sports development. According to a statement from the Verified X (Twitter) handle of the Special Adviser to the President on Information and Strategy Bayo Onanuga, There will now be a ministry of regional development to oversee all... Read More
Africa News, Breaking News, Business, Business, Governance, Nigeria Capital, Nigeria News, Politics
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