The Federal Government on Thursday proposed a smaller budget size of N8.6tn for the 2019 fiscal year in contrast to N9.1tn for 2018. It also projected a total revenue of N7.9tn as well as reductions in both borrowing and deficit financing, according to details of the 2019-2021 Medium Term Expenditure Framework/Fiscal Strategy Paper unveiled in […]Read More
President Muhammadu Buhari on Thursday night reassured that the brutal activities of the Boko Haram sect would soon become history. The president gave the assurance when he hosted members of the Kannywood entertainment industry to a dinner at the Presidential Villa, Abuja. He said that the Federal Government would not allow any group hiding under […]Read More
The Federal Executive Council on Wednesday Endorses the issuance of $2.9bn and other securities in Euro bond from the international capital market. The Minister of Finance, Zainab Ahmed, disclosed this to State House correspondents at the end of the weekly meeting of the council presided over by President Muhammadu Buhari at the Presidential Villa, Abuja. […]Read More
A faction of Boko Haram, the Islamic State West Africa Province, has reportedly executed an aid worker with the International Committee of the Red Cross, Hauwa Liman. TheCable quoted a source close to the insurgents as saying that they murdered Liman following the failure of the government to negotiate the release of the deceased and […]Read More
Four hundred and sixty billion naira has been released for the 2018 budget, the Minister of Budget and National Planning, Udoma Udo Udoma, has disclosed. A statement by Mr. Paul Ella Abechi, the Special Adviser on Media and Communications to the Minister of Finance, Hajia Zainab Ahmed, quoted her to have confirmed that in Egypt. […]Read More
The Federal Government on Tuesday announced that it had commenced the restriction of the issuance of visas to foreigners seeking to take up engineering roles in Nigeria in order to free up more jobs for Nigerians and improve local content. It said it had also approved two key regulations for Nigeria’s engineering/construction sector, namely Regulation […]Read More
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