The Federation Accounts Allocation Committee, (FAAC), has shared a total sum of N590.546 billion to the three tiers of government as federation allocation for February. From this stated amount, inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Non Mineral Revenues and Excess Bank Charges, the Federal Government received N236.177 billion. The States received N190.007...
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…Aviation project complements, redefines Lagos’ infrastructure narrative – Sanwo-Olu …Lagos Government, FAAN seal partnership to develop new access roads to airport Lagos State, Nigeria’s hub of commerce, is set to witness a rapid economic growth, as a major remodelling project undertaken by the Federal Government at the Murtala Mohammed International Airport (MMIA) in Ikeja...
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The Board Chairman of the Nigeria Deposit Insurance Corporation (NDIC), Mrs Ronke Sokefun has said there is need for women in leadership positions to encourage more women to join the table to ensure the number of women in management positions keep growing and consequently ensure its sustainability. Mrs. Sokefun, said this at the NDIC’s commemoration...
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Ambassador Mariam Katagum, Minister of State for Industry, Trade and Investment, has said that certification of Halal would give Nigeria Products a boost in the local and international markets The Minister stated this on Monday in Abuja when she inaugurated a 14-man technical committee on the development of a roadmap and operational framework for Halal...
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By Ossom Raphael The Nigeria Export Processing Zones Authority (NEPZA) says scores of prospective anchor tenants seeking to establish world class hospitals and pharmaceutical industries in the new Special Medical Free Zone in Lekki area of Lagos signal gradual end to unnecessary medical tourism abroad. Prof. Adesoji Adesugba, NEPZA Managing Director made the remark while...
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By Ossom Raphael The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Monday, retained Monetary Policy Rates (MPR) at 11.5 per cent despite growing inflationary pressure in the economy. The Committee also kept asymmetric corridor of +100/-700 basis points around the MPR, Cash Reserve Ratio (CRR} at 27.5 per cent, while...
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The Joint Admissions and Matriculation Board, JAMB, on Monday restated its resolve not to extend the March 26, 2022 deadline for the Unified Tertiary Matriculation Examination, UTME, and Direct Entry, DE, registration. JAMB Registrar, Prof Ishaq Oloyede said the board will not extend the exercise because it is working on a tight schedule....
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The National Universities Commission (NUC) has approved the establishment of Shehu Shagari University of Education, Sokoto. Executive Secretary of NUC, Prof. Abubakar Rasheed, made this known while presenting a letter of recognition of the new university to Governor Aminu Tambuwal of Sokoto State during a visit to the Commission on Monday in Abuja. ...
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•As ex-Super Eagles players defeat Team Lagos 2:0 Lagos State Governor, Mr. Babajide Sanwo-Olu; his deputy, Dr. Obafemi Hamzat; Minister of Youth and Sports, Mr. Sunday Dare; Nigerian Ambassador to Spain, Demola Seriki; Speaker of the Lagos State House of Assembly, Rt. Hon. Mudashiru Obasa, public office holders at federal and state levels on Sunday...
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The Lagos State Government has listed alternatives routes ahead of the commissioning of the International Terminal of the Muritala Mohammed International Airport by President Muhammadu Buhari. Buhari is expected to arrive in the city in the early hours of Tuesday for the event. In a statement, the Lagos State Commissioner for Transportation, Dr. Frederic Oladeinde,...
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