Year: 2021

Senate passes 2022-2024 MTEF/FSP, Okays N13.98trn Budget Projection for 2022

The Senate has passed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) ahead of the expected presentation of the 2022 Appropriations bill to the National Assembly by President Muhammadu Buhari. The passage of the 2022-2024 Medium Term Expenditure Framework followed the consideration and exhaustive deliberation of a report by the Joint Committees…

Assets Confiscation Will Weaken Drug Cartels – Marwa

Chairman/ Chief Executive of the National Drug Law Enforcement Agency, NDLEA, Brig. Gen. Mohamed Buba Marwa (rtd) has charged other Heads of National Drug Law Enforcement Agencies in Africa to consider targeting the assets of drug cartels as a veritable tool that will weaken criminal narco networks. He gave the charge while delivering Nigeria’s statement…

Senate Passes Bill To Control Sickle Cell Disease In Nigeria

The Senate has passed a bill seeking to control and manage sickle cell anaemia, a genetically inherited disease in Nigeria. The passage of the bill followed the consideration of a report by the Committee on Health (Secondary and Tertiary). Chairman of the Committee, Senator Yahaya Oloriegbe (APC, Kwara Central), in his presentation, explained that sickle…

Kennie Obateru: As NNPC’s Mr. PR Bows out in Style

By Charles Affiong The Nigerian Oil & Gas Industry has been in the news lately. This time around, the industry was hugging global and local limelight for the right, nay positive reasons. It all began at the Aso Rock Villa where President Muhammadu Buhari (in his capacity as Minister of Petroleum Resources) announced a whopping…

ICPC Arraigns Ex-NIS Officer over Certificate Fraud

A retired Chief Superintendent of Nigeria Immigration Service (NIS), Imam Aminu, has been arraigned by the Independent Corrupt Practices and Other Related Offences Commission (ICPC), over alleged forgery of academic certificates. The Commission, in a 4-count charge brought before Honourable Justice A.O. Abong of the Federal Capital Territory (FCT) High Court 18, sitting in Gwagwalada,…

Delta State Assembly Passes Anti-Open grazing bill

The Delta State House of Assembly has passed the Prohibiting Open Grazing, indiscriminate Breeding, Rearing and Marketing of Livestock in Delta State, otherwise known as Anti-Open grazing bill. The Bill was passed following a motion by the Majority Leader of the House, Hon Ferguson Onwo, and adopted during Tuesday resumed plenary of the State Legislature,…

Buhari Asks Senate to Amend Petroleum Industry Act

The Senate has received a request from President Muhammadu Buhari, to amend the Petroleum Industry Act 2021 passed by the National Assembly over two months ago. The request was contained in a letter dated September 16, 2021, and read during plenary on Tuesday by the Senate President, Ahmad Lawan. President Buhari in the letter explained…

Nigeria’s Resolve to Remain One Unshakable – Lai Mohammed

The Minister of Information and Culture, Alhaji Lai Mohammed, has said Nigeria’s resolve to remain as one indivisible entity is unshakable, in spite of the various challenges facing the nation. The Minister made the remarks in Abuja on Monday at the opening of ‘Nigeria at 60 Photo Exhibition’ with the theme “60 Years of Our…

Execution of Sugar Master Plan could fetch Nigeria over $700million yearly – Dangote

Chairman of Dangote Sugar Refinery Plc, Aliko Dangote has said that the National Sugar Master Plan (NSMP) when executed as designed could fetch the nation foreign exchange in excess of $700million yearly from the Backward Integration component of the plan. Dangote made this disclosure recently while receiving in his office some businessmen who were on…

ASCSN Transaction: Unity Bank Acted With Authority of Customer

Unity Bank Plc has denied claims by the Association of Senior Civil Servants of Nigeria (ASCSN) in Ogun State that its funds domiciled in the bank were mismanaged. The bank made this clarification in a statement released on Tuesday, stating that it has conducted an investigation into the transactions, which completely absolved it of any…