More money rolls in for Federal, states, local councils in August allocation

The Federal Government, states and local government councils have shared N682.06 billion from revenue collected in August, Dr Mahmoud Isa-Dutse, Permanent Secretary, Ministry of Finance, Budget and National Planning, has said. The amount is slightly higher than the N676.407 billion shared last month.It is also higher than the N651 billion shared in July. Isa-Dutse said that the money shared excluded cost of collection to Nigeria … Continue reading More money rolls in for Federal, states, local councils in August allocation

FG, Lagos pay conditional cash transfer to beneficiaries in Apapa for July, August

The Federal Government, in collaboration with the Lagos State Government, has commenced the payment of Conditional Cash Transfer to another set of beneficiaries in Apapa area of the State for the months of July and August 2020. Speaking at the second edition of the disbursement of the Cash Transfer to the beneficiaries in Apapa Local Government Area of the State on Thursday, the Honourable Commissioner … Continue reading FG, Lagos pay conditional cash transfer to beneficiaries in Apapa for July, August

Self-Certification form: Buhari govt apologises to Nigerians

The Federal Government has apologised to Nigerians for what it termed a misleading information regarding ‘Self-certification’ forms. The government had earlier ordered all account holders in financial institutions to obtain, complete and submit the forms. Nigerians have been expressing their anger over the new instruction and wondered why authorities are dragging them into another round of verification. They have asked the government to reverse the order and … Continue reading Self-Certification form: Buhari govt apologises to Nigerians

DPR generates N742.4bn revenue in 8 months

The Department of Petroleum Resources (DPR) says it generated a total sum of N742,471,639,376. 96 billion for the Federal Government from  January to August 2020. Mr. Sarki Auwalu, Director, DPR  made the disclosure during a visit of the Federal House of Representatives Committee on Petroleum Resources (Upstream) to the DPR headquarters in Lagos on Wednesday. The News Agency of Nigeria (NAN) reports that the committee, … Continue reading DPR generates N742.4bn revenue in 8 months

Confirmed: Aubameyang signs Arsenal contract extension

Arsenal have confirmed that Pierre-Emerick Aubameyang, club captain and talismanic striker, has signed a new contract that will keep him at the Emirates until July 2023. The new deal, believed to be worth around £300,000 per week, represents a huge win for Mikel Arteta who has repeatedly said that he wants to build his team around the 31-year-old. Since signing from Borussia Dortmund in January 2018, Aubameyang … Continue reading Confirmed: Aubameyang signs Arsenal contract extension

Why we resorted to borrowing, by Buhari

President Muhammadu Buhari has explained his administration resorted to taking loans to bridge the infrastructure gap. Buhari gave the explanation on Tuesday during a virtual meeting with members of the Presidential Economic Advisory Council (PEAC). He said Nigeria must fix its roads to save lives from soaring road accidents. According to a statement by the Senior Special Assistant to the President on Media and Publicity, … Continue reading Why we resorted to borrowing, by Buhari

ASUU-LASU distances union from the ongoing strike in Lagos

The Academic Staff Union of Universities (ASUU), Lagos State University (LASU) branch, has distanced itself from the ongoing industrial action in the State and urged the public to disregard any insinuation of its members been on strike. In a statement signed by the recognised ASUU-LASU Secretary, Dr Tony Dansu, and Assistant Secretary, Dr Adeolu Oyekan, said the union has a procedure of embarking on strikes … Continue reading ASUU-LASU distances union from the ongoing strike in Lagos

JOHESU strike: UCH records 98 percent compliance

The Chairman of the Joint Health Sector Union (JOHESU) University College Hospital (UCH) branch, Ibadan, Dr Adeolu Ali, said on Monday that the union recorded 98 per cent compliance on the first day of the strike in the teaching hospital. The national body had directed all members of the union to embark on a nationwide strike to press home their demands, including payment of the … Continue reading JOHESU strike: UCH records 98 percent compliance

AfDB: Obasanjo hails Buhari over support for Adesina

Former President Chief Olusegun Obasanjo commended the Buhari administration on Monday for its support in ensuring the successful re-election of the President of the African Development Bank (AfDB), Dr Akinwumi Adesina. Obasanjo, in what appeared to be his first official reaction, since Adesina’s re-election penultimate week, also thanked some past and present African leaders for their supports during the period. In a statement by his … Continue reading AfDB: Obasanjo hails Buhari over support for Adesina

Dangote refinery will sell petrol at international price, says FG

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said when Dangote Refinery kicks off next year, it may not significantly reduce the price of petrol because the refinery will be selling at the international price. Ahmed said this is because the refinery is located at the Export Processing Zone in Lagos State. The minister said this on NTA’s ‘Good Morning Nigeria’ programme … Continue reading Dangote refinery will sell petrol at international price, says FG