The senators were on a condolence visit to the governor of Kaduna State, Sen. Uba Sani, where they pledged a full-fledged investigation into the costly military misadventure The members of the 10th Senate have announced the donation of N109 million being their December salaries, to the victims of the bombing mishap that took place in Kaduna last Sunday. This is as they promised not to leave any stone unturned in unravelling the circumstances that led...
NCoS outlines plans to rehabilitate old prisons, staff quarters
The NCC says all investors, whether local or foreign, will continue to receive support to help develop the digital economy of the country The Nigerian Communications Commission (NCC) has pledged to support initiatives that promote the growth and development of the digital economy. Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the NCC, Dr. Aminu Maida, said this when he received a delegation of Meta, led by the company’s Vice President for Africa, the...
The NCoS says it plans to rehabilitate dilapidated facilities for inmates and staff of the service if it gets sufficient budgetary allocation in 2024 The Nigeria Correction Services (NCos) says it plans to rehabilitate dilapidated correctional centres staff quarters and build new ones to reduce the prevalence of overcrowded prisons across the country. The NCos Comptroller General, Haliru Nababa, pleaded for an increased allocation in the 2024 budget to ensure that the service can achieve...
The telecoms regulator says healthy competition is vital for the growth of the industry but noted that it will continue to engage all players The Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has advocated for healthy competition to promote the growth of the telecommunication sector in Nigeria. Maida said this during the week when he received the management of Airtel Networks Limited in Abuja. According to a statement by Reuben Muoka, director of...
The apex bank cautioned those circulating the fake naira notes to be wary of possible breach of the law and the consequence of jail term The Central Bank of Nigeria (CBN) has alerted the public to the circulation of fake naira notes in the country. A statement signed by Sidi Ali Hakama, acting director of communications of the bank, reminded the public to beware of using the fake notes because it is an offence which...
The state oil company reveals massive scale of oil theft through multiple illegal connections across the country but maintains that production projections are realistic The Nigerian National Petroleum Company Limited (NNPCL) has disclosed that there are 4,800 illegal connections on some 5,000 kilometers of oil pipelines across the country. This was disclosed by the Chief Executive Officer of NNPCL, Mele Kyari, during an interface with the members of the senate committee on Appropriations held on...
In the last ten years, Nigeria has been unable to meet its oil production benchmark signifying a pattern of failing in executive planning and legislative approval of the country’s annual budgets Nigeria set its first Medium-Term Expenditure Framework (MTEF) benchmark for crude oil in 2004, which was about 19 years ago. The MTEF provides a framework for Nigeria’s annual budgeting process, including revenue projections and expenditure estimates for a period of three years. It also...
The Senate has resolved to increase the 2024 Budget of the ministry of labour and productivity to enable more revenue generation The senate committee on labour and productivity has considered the need for increased revenue generation and accordingly raised the 2024 budgetary allocation of the ministry of labour, productivity, and employment. This followed requests from ministers in the ministry during the 2024 budget defence on Friday, December 8, 2023. While the amount of raise was...
Sanusi, a former CBN governor, renowned for his blunt forthrightness, said the national assembly shares huge blame for the opacity and alleged corruption of the NNPCL, the state oil company Former governor of the Central Bank of Nigeria (CBN), Sanusi Lamido Sanusi, has said the failure of the National Assembly to adequately carry out its oversight functions on the Ministry of Petroleum Resources, the Nigerian National Petroleum Corporation Limited (NNPCL), and other relevant departments in...
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