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By Oduyemi Odumade President Bola Tinubu is to lay the N26 trillion budget estimates for 2024 fiscal year on Wednesday, November 29. In line with legislative practice, the budget estimates is to be laid before the joint session of the National Assembly. The President is expected to be accompanied by some members of the Federal Executive Council (FEC). PR
By James Itodo President Bola Tinubu will on Wednesday this week, present projections and estimates of the 2024 budget to joint session of the National Assembly. Secretary, Research and Information at the National Assembly, Dr Ali Barde Umoru gave the confirmation of the budget presentation to newsmen while requesting for list of those to be allowed into the chamber. Communication on the budget presentation by President Tinubu to joint […]
The Nigeria Export Processing Zones Authority, NEPZA, says the country’s Free Trade Zones are business anchorages that have for decades been used to generate revenue for the Federal Government. Dr Olufemi Ogunyemi, the Managing Director of the Authority who stated this in Abuja, said the widely held notion that the scheme was a `free meal ticket’ for the investors thereby denying government revenue were incorrect. Ogunyemi said this public […]
By Georgina Humphrey The Federal Government says recent revocation of mining titles is to sanitized the industry for optimal performance. Minister of Solid Minerals Development, Dr. Oladele Alake stated this when he hosted investors led by Nigeria's outgoing Ambassador to Mexico, Adejare Bello in Abuja. He said investors in the mining industry are expected to sign a Community Development Agreement with the communities in the mining area to ensure […]
By Oduyemi Odumade In a bid to address the dire situation faced by internally displaced persons, IDPs, in the country, the Federal Government has been urged to prioritize job creation as a means of alleviating their plight. The Chief Executive Officer of a Non Governmental Organization, Madinma Foundation, Dr. Chidinma Ogwo made the Appeal at a Media Conference in Abuja to draw attention for urgent intervention. According to her, […]
By Oduyemi Odumade The Speaker of the House of Representatives, Dr Abbas Tajudeen says the House will convene a Budget Townhall Meeting to enable citizens to make inputs into the 2024 Appropriation Bill. Dr Abbas made the remark while declaring Open a one day retreat for Committee Chairmen and their Deputies on improving legislative performance through effective committee management. This he said is to assist the house in preparing for a vigorous and all-inclusive budget process as the 2024 […]
By Georgina Humphrey The Labour Party has reiterated that the ruling of various Election tribunals and the Court of Appeal against its gubernatorial candidate, Chijioke Edeoga and some members of the party-state legislators in Enugu state do not reflect the position electorates in the state. National Secretary Labour Party, Malam Umar Farouk stated this at a news conference in Abuja. Malam Farouk who stressed that the will of the […]
By Oduyemi Odumade The House of Representatives Public Accounts Committee, PAC has commenced investigation into alleged mismanagement of COVID-19 intervention funds from 2020 to 2023 as mandated by the House at Plenary. At the Opening Session in Abuja, the Chairman of the Committee, Bamidele Salam warned that the Committee would not entertain delay tactics from the Ministries Departments and Agencies, MDAs by way of asking for extension of time. […]
By Georgina Humphrey Former Presidential Candidate of the Labour Party, Peter Obi has attributed non leadership recruitment process as the biggest challenge facing Africa. Obi stated this at the opening of the Commonwealth Trade and Investment Summit in London. Speaking on ‘Harnessing the African Opportunity’ he explained that this has limited the continent from harnessing greater opportunities. “Of all the factors required to properly Harness the African Opportunities, the most important requiring all the support from strategic partners such […]
