NIMASA, Customs agree on seamless delivery of deep blue project assets
Modalities for seamless and timely delivery of the Deep Blue Project assets currently at the ports have been agreed on by the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Customs Service. The agreement was reached in a meeting between the Director General of NIMASA, Dr. Bashir Jamoh and Comptroller General of the Nigerian Customs Service, Col. Hameed...
Throw PDP presidential ticket open, Atiku tells opposition’s NEC
Former Vice President Atiku Abubakar has urged the Peoples Democratic Party (PDP) not to zone its 2023 presidential ticket, but rather throw it open. The 2019 presidential candidate of the PDP said he would like to see a sizable number of youths and women in the new National Working Committee (NWC) the party braces to produce. There have been calls by...
El Rufai to Zazzau Emir: You care about your subjects’ well-being
Governor Nasir El Rufai has said that the Emir of Zazzau, Ambassador Ahmad Nuhu Bamalli has demonstrated remarkable candour and deep passion for the safety and wellbeing of the people in the last one year in office. The governor, who made this remark at the first anniversary lecture of His Highness, Ambassador Nuhu Bamali, the Emir of Zazzau, further praised the seriousness...
Pandora Papers: I relied on experts’ views in investment decision – Obi
Former Governor of Anambra State, Mr. Peter Obi, has said that he broke no law with his investments abroad. He said that he relied on professional opinions and advice of investment experts both locally and internationally in all matters relating to his investments and declaration of his personal assets. Obi said he also engaged and acted on solicited advice by reputable...
Budget 2022: Lawan decries high level of deficit
Senate President Ahmad Lawan has decried the level of deficit of the 2022 Budget. He made this known at the presentation of the 2022 Budget estimates by President Muhammadu Buhari to a joint session of the National Assembly in Abuja on Thursday. The deficit in the 2022 Budget stands at N 6.26 trillion. Lawan, who noted that the level of budget deficit is...
2022 budget: Gbajabiamila tasks MDAs on accountability, timeliness
The Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, has said that the National Assembly would "ensure exhaustive consideration" of the 2022 budget that President Muhammadu Buhari presented to the federal legislature on Thursday. The Speaker, who said the National Assembly was committed to the timely passage of the Appropriation Bill as it did in the last two...
NGX Group to list 1.96bn shares on main board
The Nigerian Exchange Group Plc. (NGX Group) on Thursday confirmed its intention to list on the main board of the Nigerian Exchange Ltd. (NGX). The planned listing follows successful completion of the demutualisation and restructuring of the Nigerian Stock Exchange and related operations within NGX Group. The Group Managing Director/Chief Executive Officer of NGX Group, Mr Oscar Onyema, confirmed the listing...
Soldiers manhandle, arrest actor Chinwetalu Agu over Biafra outfit
Popular Nollywood Actor, Chinwetalu Agu, has reportedly been arrested by Nigerian soldiers in Upper Iweka area of Onitsha, Anambra State for allegedly putting on an outfit with colours of the Biafran Flag. It was gathered that, on Thursday afternoon, Agu’s vehicle was stopped by soldiers who wasted no time to bring him out of his bus. In a footage seen The...
2022 Budget: FG targets N3.16trn revenue from oil
The Federal Government has set a target of N3.16 trillion revenue from oil in 2022. It also projected N2.13 trillion as non-oil taxes while FGN Independent revenues are projected to be N1.82 trillion. In the budget, oil price benchmark of $57 per barrel and daily oil production estimate of 1.88 million barrels (inclusive of Condensates of 300,000 to 400,000 barrels per...
How Nigeria’ll fund N6.26trn 2022 Budget deficit, by Buhari
President Muhammadu Buhari on Thursday explained how his government would finance the N6.26 trillion deficit in the 2022 Budget. Buhari while presenting the document titled “Budget of Economic Growth and Sustainability” to the Joint Session of the National Assembly today in Abuja, also justified why his government has resorted to borrowing in financing critical infrastructure development. “We plan to finance the...
