Sen. Akpabio had hosted high-profile guests at a colloquium to mark his 61st birthday anniversary and said he got tired. He advised journalists to drink water frequently The President of the Senate, Godwsill Akpabio has opened up on his health status saying he is stable, as against the reports of his collapse on Thursday, December 14, 2023 in the course of the colloquium that complemented activities marking his 61st birthday. He disclosed this on Friday,...
The leadership of the NCC under Dr. Maida has stressed the importance of transparency in the discharge of its responsibilities The Nigerian Communications Commission (NCC) has said it would prioritize improving the transparency of its operations for the benefit of all stakeholders. Executive Vice Chairman of the Commission, Dr. Aminu Maida, stated this during a courtesy visit to the Hon. Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani in Abuja recently. Briefing the...
The non-profit said the results of the global assessment testify to NEITI’s diligent commitment to discharging its mandate and called on the federal government to constitute the agency’s board without delay OrderPaper Advocacy Initiative (OAI), a non-governmental orgnisation focused on policy related engagement and intervention, has applauded the Nigeria Extractive Industries Transparency Initiative (NEITI) for scaling through an Extractive Industries Transparency Initiative (EITI) assessment with an impressive score. The OAI is an non-profit that seeks...
Sen. Lawan promises to increase the capital budget of the DSA in order for it to function effectively The Senate has expressed its commitment to ensure that the Defence Space Administration (DSA) receive sufficient funding in the 2024 budget to allow it carry out its mandate effectively. This was made known by the chairman of the committee on defence, Senator Ahmad Lawan (APC, Yobe North), on Thursday, when officials of the DSA appeared before the...
Besides expressing optimism about the exchange rates, the CBN boss projects less revenue from oil exports in the 2024 fiscal year The Central Bank of Nigeria (CBN) has guaranteed that the country’s skyrocketing inflation and exchange rates will significantly decrease in 2024. The apex bank also predicted lower oil revenue for the coming fiscal year, while disclosing that the sum of N18.804 billion worth of trade was recorded through the Nigerian Foreign Exchange Market (NFEM)...
The joint committee also suggested that the president, who is the substantive minister of petroleum, is also expected to appear to defend propositions in the 2024 budget  The National Assembly joint committee on Petroleum Resources has summoned the minister of state for petroleum resources, Sen. Heineken Lokpobiri and minister of state for gas, Mr. Ekperikpe Ekpo, to appear before it on Monday, December 18, 2023. The committee members reached the decision on Thursday, December 14, 2023,...
A budget defence session by AMCON turned dramatic as senators took turns to lambast the debt recovery agency and threatened to scrap it There was a dramatic turm of events on Wednesday when senators disagreed on the performance of the Asset Management Corporation of Nigeria (AMCON) with some of the legislators calling for its dissolution. This was as the Managing Director of the agency, Ahmed Kuru, failed to convincingly explain inability of the agency to...
The chief executive also assured that Nigeria would see better times in the oil and gas industry as recent policy reforms are realised through the NNPCL The Nigerian National Petroleum Company Limited (NNPCL) has declared that it remitted N4.5 trillion generated revenue as at October this year into the federation’ account. The state oil company further asserted that prosperity is imminent for the country because itself and other significant players in the oil industry are...
Members of the joint committee promised to increase the defence budget to ensure that the ministry and security agemcies are completely equipped to perform their functions The National Assembly joint committee on defence has told the minister of defence that budgetary allocations to security agencies should be of priority knowledge and coordination in order to avoid working in silos. This position was spearheaded by Senator Ahmad Lawan (APC, Yobe North) during the budget defence of...
Members of the joint committee promised to increase the defence budget to ensure that the ministry and security agemcies are completely equipped to perform their functions The National Assembly joint committee on defence has told the minister of defence that budgetary allocations to security agencies should be of priority knowledge and coordination in order to avoid working in silos. This position was spearheaded by Senator Ahmad Lawan (APC, Yobe North) during the budget defence of...
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