The Office of the Head of the Civil Service of the Federation (OHCSF) celebrated the graduation of 106 participants in the second batch of its Leadership Enhancement and Development Programme (LEAD–P). The Head of Civil Service, Dr Folasade Yemi-Esan, expressed satisfaction with the participants’ quality during the graduation ceremony in Abuja on Friday. The LEAD–P…
The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has called for legislation targeting unexplained wealth in Nigeria to curb criminal activities related to treasury looting. Speaking at the 6th Senator Abiola Ajimobi Roundtable and 74th Posthumous Birthday, Olukoyede emphasized the need for Nigeria to diversify its economy away from oil, suggesting…
Ogun State Governor, Prince Dapo Abiodun, has emphasized the imperative of shifting Nigeria’s economic focus from oil to the non-oil sector for long-term sustainability. Speaking at the 6th Senator Abiola Ajimobi Roundtable and 74th Posthumous Birthday, Governor Abiodun underscored the importance of diversification into mineral resources, agriculture, manufacturing, tourism, and technology. Governor Abiodun highlighted the…
Senator Sa’idu Alkali, the Minister of Transportation, has underscored the necessity of a $35 billion investment to realize an efficient and fully functional railway transportation system in Nigeria. Speaking during the presentation and defense of the 2024 budget proposal for the Ministry of Transportation before the Joint Committee of the Senate and the House of…
The Acting Governor of Ondo State, Lucky Aiyedatiwa, has taken a decisive step by freezing the accounts of all 18 Local Government Areas (LGAs) and 33 Local Council Development Areas (LCDAs) within the state. This move was communicated to the local councils through an official letter where Aiyedatiwa outlined stringent directives for financial operations. The…
The Nigeria Deposit Insurance Corporation (NDIC) has recently disclosed the disbursement of a staggering sum of over N3.4 million to customers, marking a crucial development following the revocation of licenses of Microfinance Banks (MFBs) and four Primary Mortgage Banks (PMBs). Mr Bello Hassan, the astute Managing Director/Chief Executive Officer of NDIC, made this revelation during…
The Federation Account Allocation Committee (FAAC) has disbursed a total of ₦1.088 trillion in revenue for November to the Federal Government, States, and Local Government Councils (LGCs), according to the communique released following its recent meeting. The breakdown of the distributable revenue includes a statutory revenue of ₦376.306 billion, Value Added Tax (VAT) revenue of…
Abia State, led by Governor Alex Otti of the Labour Party, is making headlines with its ambitious fiscal plan for the upcoming year. The state government aims to finance a staggering 71% of its 2024 budget through borrowing, marking a significant reliance on external funds. The proposed budget, amounting to N567.2 billion, was presented to…
The political landscape of Rivers State is currently embroiled in a heated crisis, prompting members of the National Assembly to call upon President Bola Tinubu to intervene and address the escalating tensions. The call comes in the wake of a series of resignations from Commissioners in Governor Fubara’s Cabinet over the past 48 hours, adding…
In a continued effort to enforce the ban on commercial motorcycles operating within the city centre, the Joint Task Force Team of the Federal Capital Territory Administration (FCTA) impounded and crushed 639 motorcycles in Abuja. This recent action adds to the total of 1,509 motorcycles that have been seized and destroyed between August and December,…