Oyo Defends N100b Bond

Oyo Defends N100b Bond

Oyo State Deputy Governor, Alhaji Rauf Olaniyan, on Saturday said the state government’s decision to finance developmental projects through borrowings was in order. Speaking during an interactive session with Journalists in Ibadan, Olaniyan explained that such borrowing would shore up...
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Kano To Reduce 2020 Budget By 30 Per Cent

Kano To Reduce 2020 Budget By 30 Per Cent

The Kano State Government will reduce 2020 Budget by 30 per cent, Governor. Abduallahi Ganduje has said Ganduje made this known during at an interactive session with Journalists on Monday at the Government House, Kano. He explained that the reduction...
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Oyo Orders Civil Servants To Resume Work Monday

Oyo Orders Civil Servants To Resume Work Monday

Governor Seyi Makinde has directed state civil and public servants on grade level 13 and above to resume at their respective duty posts on Monday, April 27. Makinde gave the directive on Saturday while briefing Journalists on the outcome of...
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Customs Replies Oyo State On Quality Of  Rice

Customs Replies Oyo State On Quality Of Rice

The Nigeria Customs Service, Oyo and Osun Command, on Saturday said the 1,800 bags of rice released as palliative to the Oyo State government were good for human consumption. This was in response to the claim by Oyo State Government...
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UBA Presents N1b Cheque To Lagos Government

UBA Presents N1b Cheque To Lagos Government

The United Bank for Africa (UBA) on Sunday in Lagos presented N1billion cheque to the Lagos State Government as part of the bank’s commitment to help curb the effect of Coronavirusdisease (COVID-19).  It is also in fulfilment of the Bank’s...
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FG Approves N19b For Road Projects In FCT, Oyo, Kano

FG Approves N19b For Road Projects In FCT, Oyo, Kano

The Federal Executive Council (FEC) on Wednesday approved over N19 billion for the construction of road projects in the Federal Capital Territory (FCT), Oyo and Kano States. The Minister of Works and Housing, Mr Babatunde Fashola, disclosed this when he...
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Lagos Cabinet: Sanwo-Olu Picks Tunji Bello, Omotoso, 23 Others

Lagos Cabinet: Sanwo-Olu Picks Tunji Bello, Omotoso, 23 Others

Lagos State Governor Babajide Sanwo-Olu has nominated 25 persons for commissioner and special adviser. According to the state government, the nominees  are the first batch to be considered by the House of Assembly.  Among them are two-time commission...
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FG, States, LGCs Share N679.699b

FG, States, LGCs Share N679.699b

The Federal Account Allocation Committee (FAAC), Thursday, at its joint session at the African House, Kano, Kano State, shared to the Federal Government, States and Local Government Councils a total of N679.699 billion as federal allocation for the month of...
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Nigeria Unveils Agenda For More Seaports

Nigeria Unveils Agenda For More Seaports

Vice President, Yemi Osinbajo on Saturday, said the Federal Government was committed to building more ports across the country to decongest the gridlock in and out of the Apapa ports. Osinbajo made this known in an interview with Journalists after...
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Fayemi Elected Chairman Governors’ Forum

Fayemi Elected Chairman Governors’ Forum

Ekiti State Governor Dr Kayode Fayemi has emerged chairman of the Nigerian Governors’ Forum(NGF). Fayemi who takes over from Zamfara State Governor, Abdulaziz Yari was elected during the meeting of the forum  in Abuja. Meanwhile, Bayelsa State Governor,...
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TSA Yields N30trillion

TSA Yields N30trillion

The Accountant-General of the Federation (AGF), Idris Ahmed, on Monday explained that seven years after it was created, the Treasury Single Account (TSA) has yielded more than 30 trillion for the Federal Government,  . Speaking with Journalists  on t...
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Nigeria To Blacklist Firms Over  N5tr AMCON Debts

Nigeria To Blacklist Firms Over N5tr AMCON Debts

The Nigerian Government has concluded plans to blacklist firms and individuals on the  Asset Management Corporation of Nigeria’s (AMCON) debtors’ list.  Under the proposed arrangement, they will no longer be allowed to do business with the govern...
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Labour Cautions Nigerian Govt On Debt Profile, Borrowing

Labour Cautions Nigerian Govt On Debt Profile, Borrowing

Organised labour in Nigeria has again cautioned the Federal Government on the nation’s rising debt profile, “resulting from government’s unsaturated appetite for borrowing and foreign loans.’’  The President of the United Labour Congress (ULC), ...
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SEC To State Govts: Revitalise Moribund Industries Through Capital Market

SEC To State Govts: Revitalise Moribund Industries Through Capital Market

The Securities and Exchange Commission (SEC) has urged state governments to take advantage of the enormous opportunities available in the capital market to revitalise moribund companies in their state in a bid to create wealth for the citizens. Acting Dir...
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