'Tinubu’s Trips Gulped N3.4bn in Six Months'
President Bola Tinubu has spent not less than N3.4bn on local and foreign travel within six months of assuming office.
The figure is 36 per cent more than the N2.49bn earmarked for the President’s travel expenditure in the 2023...
Military To Spend N5.8bn On Electricity Charges, Despite Payment Default
The three branches of armed forces have proposed to spend N5,817,782,952 in 2024 to pay electricity charges.
The amount is despite the military fingered among the government agencies that occasionally owed the Distribution Companies debt which...
EFCC To Splash Out N1bn on Local Travels, N413m on Vehicles
The Economic and Financial Crimes Commission (EFCC) has planned to spend N1,055,633,61 billion on local travels, analysis of the 2024 budget has shown.
The commission also budgeted N113.4m on training for local travels while N389.6m...
$2bn Debt: Airlines Get $62m As CBN Repays Banks
The Central Bank of Nigeria (CBN) has paid $2bn to clear a part of its backlog of matured foreign exchange obligations to the Deposit Money Banks.
Reports have put CBN’s forward contract obligations to banks at $7bn....
N585m Saga: Payment into Individual Account Illegal - AGF Disowns Betta Edu
The controversy surrounding the attempt by the Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Betta Edu, to send public funds into a private account reached a new height on Saturday afternoon as...
N3bn Saga: Betta Edu Confirms Authorising Payment of N585 Public Funds into Private Accounts
The Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, has confirmed making a request to the Accountant General of the Federation, Oluwatoyin Sakirat Madein, to send public funds into a...