Godwin Tsa, Abuja The Federal High Court has granted an application by the Federal government to try a former National Security Adviser, Sambo Dasuki on alleged possession of firearms and money laundering in his absentia. Justice Mohammed Ahmed who gave the ruling, on Monday, said he was empowered by the provisions of section 352 (4) […]
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Federal Government Of Nigeria
FG to auction N115 billion bonds on Nov. 21
NAN The Debt Management Office (DMO) says the Federal Government is to auction by subscription N115 billion worth of bonds on Nov. 21. The DMO said in a circular on its website on Tuesday in Abuja, that the five-year bonds of N35 billion to mature in April 2023 was offered at 12.75 per cent. The […]
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Use borrowed funds on infrastructure development, ex-CBN director urges FG
NAN Dr Titus Okunronmu, a former Director of the Central Bank of Nigeria (CBN), on Sunday advised the Federal Government to use borrowed funds to develop infrastructure. Okunronmu, a former Director, Budget Department, CBN, told the News Agency of Nigeria (NAN) in Ota, Ogun, that the government would have the capacity to pay its debts […]
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FG to guard against end-of-year fuel scarcity –DPR
Oluseye Ojo, Ibadan Federal Government has assured Nigerians that it is taking proactive steps to ensure that Nigerians do not experience end-of-the-year scarcity of Premium Motor Spirit (PMS), also known as petrol, in 2018 as was the case in 2017 and previous years. This was as it regretted Nigerians had grueling experiences during the 2017 […]
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Bash Ali: Dalung’s sabotaging my Guinness Record fight
EMMA JEMEGAH World Boxing Federation (WBF) Cruiserweight champions, Bash Ali, has berated the Minister of Youth and Sports, Barrister Solomon Dalung for trying to sabotage his effort to become the oldest world boxing champion. Ali, in an exclusive interview with SunSports, said the Minister’s sudden change of mind towards his Guinness World Record fight was […]
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No FG allocation for Bash Ali’s fight -Dalung
The Minister of Youth and Sports, Barrister Solomon Dalung has dismissed a claim by one purported civil rights organization, the Centre for Human Rights and Social Justice (CHRSJ) that the sum of N7.5 billion has been “criminally diverted” by the Ministry of a Youth and Sports. He described the allegation as a cheap attempt to […]
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Nigeria not in hurry to sign African free trade agreement –Dipeolu
The Federal Government Wednesday, said it was not in a hurry to sign the controversial African Free Trade Agreement (AFCFTA) because of its implication on the nation’s economy. Special Adviser to the President on Economic Matters, Dr Adeyemi Dipeolu, disclosed this in Ibadan at the 60th anniversary lecture of the Department of Economics, University of […]
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FG approves new TSA tariff model
Chinenye Anuforo In line with global best practices and to check dwindling revenues, the Federal Government has approved a new Treasury Single Account [TSA] tariff model which mandates that service charge on payment to its ministries, departments and agencies [MDAs] from November 1, 2018 would be borne by the payer. This revelation emerged at the […]
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FG probes NFF big wigs
Bunmi Ogunyale A special panel set up by the Presidency, the Special Presidential Investigation Panel (SPIP) has summoned the big wigs of Nigeria Football Federation for questioning in Abuja. The Panel, in a letter signed its director of operations, Tahir Usman on 24th of this month, invited the NFF first vice president, Barrister Seyi Akinwunmi, […]
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Minimum wage: N30,000 monthly salary not feasible –Presidency
The Presidency yesterday told Nigeria’s Organised Labour to forget their dream of N30000 minimum wage for civil servants as it was not feasible for the government to pay at the moment. Presidential spokesman, Mr Femi Adesina, who stated the Federal Government’s position in a television programme said government would not be able to pay such […]
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