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Nigeria Capital
January 4, 2024

ONGOING PROJECTS IN ABUJA: We Have Received 50% of Supplementary Budget for Capital Projects – Nyesom Wike

By Festus Fifen. The Nigeria Capital Territory Minister Nyesom Wike, says the Ministry of Finance has approved disbursing 50 per cent of the 2023 supplementary budget for implementing capital projects in the FCT. Nyesome Wike who made this known in Abuja Thursday, while addressing journalists, after completing an inspection tour of three ongoing projects in... Read More
Africa News, Breaking News, Nigeria Capital, Nigeria News, Politics
November 29, 2023

WIKE TO NASS: Demolition will Continue If the people Continue to Build on Unapproved Lands

  *** Present N61.6 Billion 2023 Supplementary Budget to The National Assembly.   By Festus Fifen. The Nigeria Federal Capital Territory Minister, Barr. Nyesome Wike on Wednesday said demolition of illegal structures in the Nations’s capital will continue as long as some individuals continue to erect structures within areas not approved for such purposes with... Read More
Africa News, Breaking News, Nigeria Capital, Nigeria News, Politics
November 21, 2023

LAND USE: FCT Minister Inaugurate Taskforce On Land Swap Initiative 

By Festus Fifen Federal Capital Territory Administration ( FCT) Minister, Nyesom Wike on Tuesday Inaugurated a task force to critically examine the land swap initiative started by his predecessors. The land swap initiative which was introduced in 2012 had suffered setbacks, due to several factors including lack a workable policy statement. Other challenges that bedeviled... Read More
Africa News, Breaking News, community, Nigeria Capital, Nigeria News
November 17, 2023

ACReSAL Project: FCTA Inaugurates Local Implementation Committee Across Area Councils

By Festus Fifen. The Agriculture and Rural Development Secretariat, Federal Capital Territory Administration (FCTA), has inaugurated Local Government Implementation Committees for the World Bank-supported Agro-Climatic Resilience in Semi-Arid Landscapes (ACReSAL) project. Speaking at the Inauguration exercise in Abuja The Mandate Secretary of the Secretariat, Mr Lawan Geidam said the goal of the committees was to... Read More
Africa News, Breaking News, Nigeria Capital, Nigeria News
November 15, 2023

They were previously closed’ — NDIC clarifies report of 20 liquidated banks

By Ossom Raphael The Nigeria Deposit Insurance Corporation (NDIC) has clarified the reported liquidation of 20 banks by the Central Bank of Nigeria. The Corporation said it did not liquidate 20 new banks as claimed by reports on social media. In a statement signed by Bashir Nuhu, NDIC’s director of communication and public affairs, the... Read More
Africa News, Breaking News, Business, Finance, Nigeria Capital, Nigeria News
November 12, 2023

ABUJA: CAN NYESOM WIKE CONQUER THE CANCEROUS ABUJA TRANSPORTATION DEBACLE?

By Festus Fifen. When the  FCT Minister Barr. Nyesom Wike recently sacked the Board and  Head of Agencies under the Federal Capital Territory Administration FCTA, it was greeted with a great sigh of relief as many Abuja residents believed the city needed a breath of “Fresh Air” after 8 years of not too impressive performance... Read More
Africa News, Breaking News, Business, Featured, Finance, Nigeria Capital, Nigeria News
November 9, 2023

OFF-SEASON ELECTION: DSS Sues For Peace, Cautions Against Inflammatory Statements in Kogi, Imo and Bayelsa States.

By Festus Fifen. With a few days to off-season elections in Kogi, Bayelsa and Imo states, The Department of State Services (DSS) has observed rising trends and patterns of incendiary comments by some personalities of influence and representatives of non-governmental entities within and outside the country which runs against public peace and harmony.   According... Read More
Africa News, Breaking News, Crime, Nigeria Capital, Nigeria News
November 8, 2023

PRESIDENT TINUBU SIGNS N2.1 TRILLION SUPPLEMENTARY 2023 BUDGET

By Festus Fifen. President Bola Tinubu on Wednesday signed the N2.176 trillion Supplementary Appropriation Act at the Aso Rock Presidential Villa Abuja to strengthen Nigeria’s security architecture and address Nigeria’s critical infrastructure deficit, amongst other considerations. According to a statement by his Special Adviser on Media and Publicity Ajuri Ngelale, The President signed the Supplementary... Read More
Africa News, Breaking News, Business, Business, Nigeria Capital, Nigeria News, Politics
October 28, 2023

Financial System Stability: NDIC Lauds Judiciary on Better Understanding of Deposit Insurance Practice

By Ossom Raphael The Nigeria Deposit Insurance Corporation (NDIC) has commended the judiciary on its better understanding of the deposit insurance practice towards promoting stability of the nation’s financial system. NDIC Managing Director, Mr. Bello Hassan gave the commendation at the 2023 Sensitization Seminar, organized by the Corporation in partnership with the National Judicial Institute... Read More
Africa News, Breaking News, Business, Business, Nigeria Capital, Nigeria News
October 24, 2023

ACCUMULATED GROUND RENT DEBTS: Wike Vows to Step on Sacred Toes.

By Festus Fifen. The Nigeria Federal Capital Territory Minister, Nyesom Wike has vowed to step on toes in his quest to recover debts accruing to the FCT Administration especially in the area of ground rents Wike while warning defaulters of ground rents in the territory to immediately take steps to offset their outstanding liabilities, said... Read More
Africa News, Breaking News, Business, Business, community, Nigeria Capital, Nigeria News
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