Truth Is Treasure
By Orkula Shaagee & Jude Opara, Abuja The National Assembly yesterday passed N10.594 trillion as the 2020 budget. The two chambers, the Senate and House of Representatives passed the budget at their various sittings yesterday. The approved budget is however higher than the N10.33 trillion presented by President Muhammadu Buhari to the
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Gov. Abdullahi Sule of Nasarawa state on Wednesday, presented a budget of N100.5 billion for 2020 to the state House of Assembly for approval.Sule, while presenting the budget tagged “Budget of Inclusive Development”, said it was in line with his administration’s policy anchored on prudence, transparency and accountability.“I
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By Tony Obiechina, Abuja The Federal Government has said that it was spending over N1.3 trillion on importation of rice, fish, sugar and wheat annually before the introduction of the Anchors Borrower's Programme by the Central Bank of Nigeria (CBN). The CBN Deputy Governor, Corporate Services, Mr Edward Lametek Adamu, disclosed this yesterday in Owerri, Imo
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President Muhammadu Buhari has said he has not approved any date yet for reopening of the land borders. He said the border closure policy would remain in force until the situation improved. Malam Garba Shehu, the President’s spokesperson , in a statement in Abuja on
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By Orkula Shaagee, Abuja The Minister of State for Petroleum Resources, Timipre Sylva, said Nigeria has met the 100 per cent target agreement entered into by the Organisation of Petroleum Exporting Countries (OPEC) and 10 Non-OPEC Member States. Sylva said this in a statement issued by his spokesman, Garba Muhammad in
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By Orkula Shaagee and Mathew Dadiya, Abuja Vice President, Professor Yemi Osinbajo, has painted a brighter 2020 for Nigeria’s economy, politics and social lives, saying the year ahead would be blissful and glorious for the country. Osinbajo stated this yesterday in Abuja, when he fielded questions from the State House correspondents shortly after the End of Year Thanksgiving
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By Tony Obiechina, Abuja The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has said that the Bank’s top priorities for 2020 will include support for greater economic growth, price stability and low inflation. The Governor who restated the Apex Bank's continued operation of tight monetary policy at the Banker’s Committee
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Gov. Muhammad Badaru of Jigawa yesterday signed the state’s N152.90 billion 2020 budget into law. Badaru signed the budget after it was passed by the state House of Assembly on Nov. 27, 2019. Speaking shortly after the signing, the Badaru pledged maximum implementation of the budget. He commended the House for
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…Writes NASS for Companies Act Amendment …Leaves Abuja for Equatorial Guinea By Mathew Dadiya, Abuja President, Muhammadu Buhari has sought the approval of the Senate to borrow about $30 billion for infrastructural development in the country, which he tagged: “Economic Stimulus Infrastructure Fund.” The President’s request was conveyed in a letter to the Senate President, Ahmed
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National Chairman of the Peoples Democratic Party (PDP),Prince Uche Secondus has advised governors elected on the platform of the party to expand their Internally Generated Revenue (IGR) base to meet the needs and aspirations of the people. Secondus, who was represented by the PDP National Financial Secretary, Abdullahi Maibasira,
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