Socio-Economic Rights and Accountability Project (SERAP) has urged President Muhammadu Buhari “to cut the N26 billion presidency budget for the construction of the presidential wing at the state house medical center, local and foreign travels, meals and refreshments, ‘sitting allowance’, and ‘welfare package’, and to use some of the savings to address the growing level…
As October 20 draws nearer in anticipation of the one year anniversary of popular ENDSARs protest that shook the country, the Lagos state Police command has warned against any form of protest in the state. The Commissioner of police Lagos State Command, Hakeem Odumosu, on Monday announced that the police will use all legitimate means…
President Muhammadu Buhari on Friday received the certificate of incorporation of the Nigeria National Petroleum Company Limited. The president while receiving the documents said the country expects nothing less from the Board of Directors, the Chief Executive Officer, and the Chief Finance Officer than “the realization of a global national oil company that this nation…
Ogun State Governor Prince Dapo Abiodun, on Thursday, reiterated that his administration has never tampered with the monthly allocation of the 20 local governments in the state from the federal government. The governor said rather than shortchanging the LGs, the state government has been assisting them by augmenting their allocations to enable them perform their…
Justice Okon Abang of the Federal High Court sitting in Abuja, today, Thursday, October 7, 2021, convicted and sentenced the son of former Chairman of the defunct Pension Reform Task Team, PRTT, Abdulrasheed Maina, Faisal, to 14 years imprisonment. The Court found Faisal guilty on a three-count charge of money laundering brought against him by…
Ogun State governor, Dapo Abiodun on Wednesday met with members of the Bankers Forum in Ijebu Ode, Sagamu and Ijebu Igbo to allay their fears over robbery attacks. The governor assured them of its administration’s determination towards strengthening and fortifying the existing security network across the State, with a view to ensuring uninterrupted operations of…
President of the Senate, Ahmad Lawan, has said that the National Assembly would mount more pressure on revenue generating agencies to ensure that they remit N1 trillion naira in revenues annually, to enable the federal government fund its budget. Lawan stated this on Wednesday in his remarks after the chamber approved President Muhammadu Buhari’s submission…
Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came first among top 100 elite companies listed on the Nigeria Exchange (NGX) posting into the coffer of the federal government a princely sum of N97.24billion in…
The management of NASCO group has refuted claims that the firm and its founder, late Ahmed Nasreddin has been involved in terrorism financing in Nigeria and across the world. NASCO group denied the allegation in a statement on Tuesday titled ‘NASCO Rejects Irresponsible & Fake Journalism.’ The Management noted the defamatory and slanderous contents of…
Africa-Re’s partnership with IFC (A member of the World Bank group) in March 2019 is strategic and symbolic. The Partnership aims at providing technical support to insurance companies for their agricultural line by using index-based agricultural insurance. This no doubt will trigger innovative and more efficient solutions for small farmers, help them mitigate effects of…