President Buhari Approves N656b Support’ Facility For States

President Buhari Approves N656b Support’ Facility For States

The National Economic Council (NEC) says President Muhammadu Buhari has approved a fresh N656 billion Bridge Financing Facility for the 36 states. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this on Thursday at a virtual NEC meeting presided over by Vice President Yemi Osinbajo. The minister said the support was to help state governments to meet their financial obligations, especially the previous budget support facility due for repayment. According […]

November 19, 2021

National News

FEC Approves $2.5m, N498.2m For Power Projects

The Federal Executive Council, FEC, has approved $2,541,689, N498, 230,281 for four projects in the Ministry of Power. The Minister of Power, Saleh Mamman, disclosed this to State House Correspondents after the week’s virtual Federal Executive Council, FEC, presided over by Vice President Yemi Osinbajo at the Presidential Villa in Abuja. The Minister, who was in the company of his counterparts from the ministries of Works and Housing, Environment and […]

August 12, 2021

National News

President Buhari Approves Deployment Of 9 Perm Secs

President Muhammadu Buhari has approved the deployment of nine Permanent Secretaries to some Federal Ministries. Folasade Yemi-Esan, Head of the Civil Service of the Federation, HOCSF, disclosed this in a circular on Tuesday in Abuja. A statement by AbdulGaniyu Aminu, spokesman for the Office of the HOCSF, said the circular dated August 3 was with reference HCSF/CMO/AOD/012/IX/59. Ms Yemi-Esan said the deployed Permanent Secretaries are: Bitrus Nabasu, from Ministry of […]

August 4, 2021

News

Nigerian Government Approves N9.2 Billion Premium For Civil Servants’ Life Insurance

The Federal Executive Council (FEC) has approved the sum of N9.2billion as premium to insurance companies that will manage the group life insurance for federal civil servants in the country. Minister of Information and Culture Lai Mohammed revealed this when he briefed State House correspondents on the outcome of the Council meeting which was presided over by President Muhammadu Buhari in Abuja on Wednesday. He said: “On behalf of the […]

June 3, 2021

National News

Experts Worry As Senate Approves Fresh $1.5bn, €995m Loans

The Senate, on Wednesday, approved $1.5bn and €995m external borrowings for the Federal Government for economic stimulus and importation of knocked down farm machines from Brazil. The action followed the consideration and adoption of the report of the Senate Committee on Local and Foreign Debts, chaired by Senator Clifford Ordia (Edo Central). The loans were parts of the external borrowings the President, Major-General Muhammadu Buhari (retd,) had, in May 2020, […]

April 22, 2021

National News

Kaduna Govt Approves Free Primary, Secondary Education

The Kaduna State government has approved free education for primary and secondary school students in the state. This was disclosed in a statement signed by the Permanent Secretary of the state ministry of education. The government said that students irrespective of gender and economic status are not expected to pay any form of fees in Kaduna schools. The State government further directed school administrators to desist from collecting any form […]

January 21, 2020 1

Sport

Sports Minister Approves Refund Of ‘Missing’ IAAF Money

The Minister of Sports, Sunday Dare has approved the refund of the balance of the money International Association of Athletics Federations mistakenly sent to Athletics Federation of Nigeria (AFN). It will be recalled that in 2017, the IAAF had sent $150,000 to the AFN, instead of the $15,000 for the development of athletics in Nigeria. Instead of return the excess money to the international body, officials of the AFN allegedly […]

October 24, 2019

National News

Senate Approves N129bn Subsidy Payment For 67 Oil Marketers

The Senate has approved N129 billion as final subsidy arrears claim to 67 oil marketing companies. This approval brought the total of all three approvals given by the Senate on subsidy payments between July last year and now to N545.9bn. The approval followed the adoption of the report of the Committee on Petroleum (downstream), chaired by Sen Kabiru Garba Marafa (APC, Zamfara). The Senate last Tuesday approved another N68.9bn for […]

May 31, 2019

National News

Ganduje Approves 4 New Emirates In Kano

Kano State Governor Abdullahi Umar Ganduje yesterday signed into law a bill for the creation of four new emirates for Gaya, Rano, Karaye and Bichi, all of which used to be districts under the Kano Emirate Council. Ganduje, who signed the bill on the same day it was passed and transmitted to him by the Kano State House of Assembly, said emirs would be appointed for the new emirates immediately. […]

May 9, 2019 1