The Federal Executive Council (FEC) presided over by President Muhammadu Buhari on Wednesday approved N13.09 trillion budget estimate for 2021 fiscal year. Briefing State House Correspondents after the meeting, the Minister of Finance, Budget and National Planning, Zainab Ahmed, said the budget estimate is made up of N2.083 trillion capital expenditure, which she described as…
Former Vice President, Atiku Abubakar, and former Chairman of the Economic and Financial Crimes Commission (EFCC), Nuhu Ribadu, will soon become in-laws. This is because their children will be getting married and the wedding is already being touted to be surprise wedding of the year. It was gathered that the two families will become one…
The Federal Government has expressed fear that there might be a surge in the number of Covid-19 cases as business and schools begin to reopen and travels also begin to pick up. The alarm was raised by the Minister of Health, Dr. Osagie Ehanire while speaking at the weekly COVID-19 media briefing yesterday in Abuja.…
The Nigerian Electricity Regulatory Commission (NERC) on Tuesday ordered all electricity distribution companies (DisCos) in the country to suspend for two weeks the implementation of the new electricity tariffs that was introduced on September 1. This directive, according to the commission, is in line with the Federal Government’s agreement with the Labour Union. The suspension…
Donald Trump, President of the USA, who also doubles as the Republican candidate for the November 3, 2020 Presidential election, will go head-to-head in three debates in the coming weeks with Joe Biden, candidate of the Democrats. The first presidential debate between Trump and Biden kicks off tonight at 9pm ET (2am on Wednesday morning…
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Monday said it has discovered N2.67 billion meant for school feeding programme during the lockdown paid into personal bank accounts. The Chairman of ICPC, Prof. Bolaji Owasanoye, revealed this in his keynote address at the second National Summit on Diminishing Corruption with the theme:…
The Federal Government has declared Thursday, October 1, 2020, as a public holiday to celebrate Nigeria’s 60th Independence Anniversary. The Minister of Interior, Rauf Aregbesola, who made the declaration, congratulated all Nigerians on the celebration of the country’s Diamond Jubilee while also assuring of government’s commitment to the socio-economic transformation of the country. This was…
A man identified as Tunde Martins, who defrauded Diamond Bank of N30 million, has been jailed on Monday for 7 years by Justice Josephine Oyefeso of the Lagos State High Court Igbosere, Lagos The convict had obtained the said sum as a loan from Diamond Bank Plc, with a forged Certificate of Occupancy, C of…
The number of COVID-19 deaths exceeded one million across the globe on September 28, 2020, according to a tally of cases maintained by Johns Hopkins University in Baltimore. This comes about nine months since the first death linked to the virus was reported on January in China. According to Johns Hopkins University, which has…
The immediate past Governor of Delta State, Emmanuel Uduaghan, has returned to the Peoples Democratic Party (PDP) with his supporters. Uduaghan formally re-joined the PDP on Monday morning in his hometown, Abigborodo in Warri North Local Government Area of the state after being with the All Progressives Congress (APC) for two years. The former Governor…