As the executive prepares to present the 2020 fiscal budget, President Muhammadu Buhari is currently presiding over an extraordinary Federal Executive Council (FEC) meeting in the nation’s capital, Abuja.
Buhari Renominates AfDB President For 2nd Tenure
As the first tenure for the President of the African Development Bank (AfDB) elapses, President Muhammadu Buhari has again re-nominated Dr. Akinwunmi for a second term. Dr. Adesina, while speaking at an event in Lagos on 6th October 2019 commended President Buhari for nominating him for re-election for a second term as President of the Bank.
Nigeria, Saudi Arabia & China Listed Among Top 20 Nations To Do Business In For 2020
The World Bank has listed Nigeria as one of the top-20 improved countries to do business in out of 190 countries. Stating that the Presidential Enabling Business Environment Council (PEBEC) and the automation of the Corporate Affairs Commission (CAC) coupled with business conditions in commercial cities of Lagos and Kano played a key role in getting the Nation listed.
Reps Pass Bill To Criminalize Estimated Billing
The House of Representatives on Thursday, 4th October 2019 passed three bills sponsored by the Speaker, Femi Gbajabiamila, one of which seeks to criminalize the estimated billing of electricity consumers by Distribution Companies(DisCo).
NNPC Signs Deal Wth NAOC
The Nigerian National Petroleum Corporation (NNPC) has signed a novation agreement with Nigerian Agip Oil Company (NAOC) on four Oil Mining lease (OMLs) namely; 60, 61, 62 and 63.
Senate Propose 9% Communication Service Tax Instead Of VAT Increase
The Senate has yesterday revealed plans to introduce a 9% communication service tax instead of the 2.2 increase in the Value added tax (VAT) being proposed by the federal government recently.
We Are Not Recruiting, FRSC Tells Nigerians
The Federal Road Safety Corps, FRSC says the corps is not recruiting or carrying out any replacement exercise contrary to media speculation.
The clarification was disclosed in a statement issued on Wednesday by Corps Public Education Officer, Bisi Kazeem.
FG Returns Toll Gates On Federal Roads
The Federal Government on Wednesday, 2nd October 2019 revealed that plans were at an advanced stage to return toll gate on federal highways. The Minister of Works and Housing, Babatunde Fashola (SAN) disclosed this while briefing State House Correspondents after the weekly Federal Executive Council (FEC), meeting presided over by President Muhammadu Buhari at the Council Chamber of the Presidential Villa, Abuja.
Nigeria Restates Commitment to Eradicating Poverty
Nigerian President, MuhammaduBuhari says reducing extreme poverty and hunger is one of the cardinal objectives of his administration. He stated this in New York, on Tuesday, at an event on the margins of the on-going 74th session of the United Nations General Assembly UNGA 74.
Why The Economic Advisory Council Was Set Up - Buhari
President Muhammadu Buhari on Tuesday explained why he recently constituted an Economic Advisory Council (EAC) to replace the Economic Management Team headed by the Vice President, Yemi Osinbajo. In his State of the Nation Address to commemorate the nation's 59th independence anniversary, the President said the purpose of the council was to advise him on inclusive and sustainable macroeconomic, fiscal and monetary policies.
N/Delta: Contractors Indict NDDC Over Projects
There are reports that Contractors handling projects in Niger Delta on Monday accused the Niger Delta Development Commission of engaging in sharp practices.