Peter Obi says the shocking revelation by Senator Ningi on alleged N3 trillion budget padding for the 2024 fiscal year demands an explanation. The shocking revelation by Senator Abdul Ningi (PDP, Bauchi Central) regarding an alleged N3 trillion budget padding for the 2024 fiscal year has sparked deep concern among citizens. Among them is the 2023 Presidential candidate of the Labour Party (LP), Peter Obi, who expressed his concerns on X (Twitter) stating, “One Senator...
“We don’t expect a ranking Senator not to pay due attention to details before making wild claims.” Following the claims made by Senator Abdul Ningi, (PDP, Bauchi Central), that President Bola Ahmed Tinubu-led Federal Government is operating two versions of the 2024 budget, the presidency has replied by saying there is no truth whatsoever in the allegation. Acting under the banner of the Northern Senators Forum, Senator Ningi, claimed in an interview he granted BBC...
Akpabio is the first Nigerian to be elected into the committee of the World Conference of Speakers of Parliament since 1964. The President of the Senate, Godswill Akpabio, has been designated to be in the Preparatory Committee for the 6th World Conference of Speakers of Parliament. According to a statement issued by the General Secretary of the African Parliamentary Union (APU) to the General Secretary of the International Parliamentary Union (IPU), Mr Martin Chungong, “Mr...
“The global average for female representation in engineering is 28 per cent. In Nigeria, it is only five per cent, only one in 20 Nigerian engineers is a woman.” The National Agency for Science and Engineering Infrastructure (NASENI) through collaboration with the Presidential Implementation Committee on Technology Transfer (PICTT) has unveiled an initiative supporting Female Engineers to succeed in Engineering and Technology-Based Enterprises The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of the National Agency for...
Akpabio emphasized that no nation succeeds without investing in women as it is popularly agreed that “Train a woman and you train a nation”. The President of the Senate, Senator Godswill Akpabio (APC, Akwa Ibom), has congratulated women on the occasion of the 2024 International Day of Women, saying they deserve all the respect. Akpabio, in a statement to celebrate the women signed by his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh singled...
“Paul Omotoso who I always describe as a man with great political maturity and purposeful leadership” Senator Michael Opeyemi Bamidele (APC, Ekiti), Leader of the Senate, has described the death of the Chairman of All Progressives Congress (APC) in Ekiti State, Paul Omotoso, as shocking and devastating. Bamidele also condoled with the immediate family of the politician, his community and the Government and People of Ekiti State, urging them to take solace in the fact...
The petition for impeachment was based on two grounds of perjury and revealing of government secrets. The Edo State House of Assembly has initiated impeachment proceedings against Deputy Governor Philip Shaibu. The Majority leader, Charity Aiguobarueghian, who announced the impeachment notice during plenary, said the petition dated March 5, was signed by 21 out of the 24 members of the House. Aiguobarueghian said, “The petition against the deputy governor came in on March 5 and...
Notably, 79% of the bids, equivalent to US$530 million, came from foreign investors, highlighting the global interest in Nigeria’s financial instruments. In a significant move towards enhancing liquidity management, the Central Bank of Nigeria (CBN) concluded a successful sale of government securities on Friday, March 1, 2024. The apex bank issued a N1.053 Trillion (approximately US$680 million) in short-term instruments as part of its strategic monetary measures. The Open Market Operations (OMO) auction, where the...
The award ceremony is slated for Saturday, March 2, 2024, during the grand finale of the 38th convocation of the university at the New Campus of the institution, Gwarzo Road, Kano The Bayero University Kano (BUK) has concluded arrangements to confer honourary doctorate degrees on the Deputy Senate President (DSP), Senator Barau I. Jibrin (APC, Kano) and the President of the African Development Bank (AfDB), Dr Akinwumi Adesina, in recognition of their contributions to education...
The decision by CBN to raise the Monetary Policy Rate (MPR) marked a substantial adjustment aimed at addressing the persistent inflationary challenges faced by the country. The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has raised the Monetary Policy Rate (MPR) by four hundred basis points to 22.75 per cent from 18.75 per cent. In a pivotal move, the Apex Bank announced a significant shift in its monetary policy during the...
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