The Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, says under-recovery of Premium Motor Spirit, popularly referred to as fuel subsidy, will gulp N450bn in 2020. She said this on Monday in Abuja, at the public presentation of the 2020 budget proposals. Ahmed said it was called ‘under-recovery’ because it was the cost of Read more
The Nigerian Customs Service (NCS) has announced the prohibition of importation and exportation of all kinds of goods through all the nation’s land borders. Comptroller-general of NCS, Hameed Ali, made this known at a press conference in Abuja on Monday. He said the measure would enable security agencies to be able to scan the goods Read more
The Chief Justice of Nigeria (CJN), Tanko Muhammad, has said there would be grave consequences for disobeying court orders Muhammad made this known on Friday in Abuja while speaking at the launching of the 9th House of Representatives’ legislative agenda. Represented by John Tosho, chief judge of the federal high court, the CJN said the Read more
Aisha, wife of President Muhammadu Buhari, has broken her long silence to commemorate the International Day of the Girl Child. The first lady who suddenly stopped making comments on national issues, and has not been seen on public occasions for some time made her first public statement in a while via Tweeter handle.. In a Read more
Any Federal Government worker not captured on the Integrated Payroll and Personnel Information System (IPPIS) by Oct. 31 would not be paid his monthly salary. President Muhammadu Buhari disclosed this during the presentation of the 2020 budget proposal to the joint session of the National Assembly in Abuja on Tuesday. He said this was of Read more
Major opposition, the Peoples Democratic Party (PDP) has challenged the Presidency to make public the details of the Presidency allocation for Nigerians to see what is being spent to finance the Buhari Presidency. The party in a statement on Tuesday through its spokesman, Kola Ologbondiyan, urged the legislature to redirect the fiscal proposal to serve Read more
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The 2020 appropriation bill was laid by President Muhammadu Buhari on Tuesday before a joint session of the National Assembly. President Buhari presented N10.7trillion for the year 2020 budget estimates. The President, who arrived the National Assembly chambers at about 2 p.m., presented the budget to lawmakers under atmosphere free of rancour, unlike last year. Read more
Nigerian Vice President Yemi Osinbajo has said the country can become a stronger and more prosperous nation if more power were given to its components states The Vice President disclosed this while speaking at the 59th Independence Anniversary Lecture at the Island Club, Lagos, on Friday. Prof. Osinbajo, in his lecture titled “the whole is Read more
Nigeria and South Africa have agreed on issuing a 10-year visa to businessmen, academics and frequent travellers. This was announced after the two countries concluded the 9th Bi-National Commission meeting in Pretoria, South Africa. Nigeria’s presidency, in a statement, said the agreement was reached in a meeting co-chaired by Nigeria President Muhammadu Buhari and President Read more
President Muhammadu Buhari has advised Nigerians living in South Africa and other countries to engage themselves in businesses the indigenes will accept. The president further said Nigerians should avoid operating small businesses which are the area of interest of the South African indigenes. According to a joint media briefing with South African President Cyril Ramaphosa Read more
