Reps Grill NSITF Boss Over Fresh N17bn Illegal Transfer
The House of Representatives’ Committee on Public Accounts, on Tuesday, grilled the Managing Director of the National Social Insurance Trust Fund, Michael Akabogu, over the transfer of a total of N17,158, 883,034.69 to persons and companies...
High Unemployment Rate Threatening FG’s Poverty Reduction Plan – AfDB
The Director-General of the African Development Bank Group’s Nigeria Country Department, Mr Lamin Barrow, has said the Nigerian government’s plan to lift 100 million Nigerians out of poverty by 2030 is threatened by the high...
Fed Govt To Auction N150bn Bonds In July
The Debt Management Office, on Monday, disclosed that the Federal Government will offer N150bn bonds for subscription in July.
A circular by the DMO on its website showed that the breakdown of bonds comprised three bonds worth N50bn...
FG Earmarks N4.8bn To Monitor WhatsApp, Others
The federal government has earmarked N4.8 billion for the National Intelligence Agency (NIA) to monitor WhatsApp, an encrypted messaging application, and Thuraya, a satellite telephone.
The provision seen by an online newspaper, TheCable, is contained in the supplementary 2021...
Senate Rejects Works Ministry’s Fresh $434.7m Request
The Senate on Monday turned down a fresh request from the Federal Ministry of Works and Housing seeking approval for projects already captured in the $434.7m borrowing plan of the Federal Government.
The Borrowing Plan had already been approved...
FG Generates N1trn From Privatisation – BPE
The Bureau of Public Enterprises (BPE) has said over N1 trillion has been generated from 234 concluded transactions of previously government-owned enterprises.
The BPE Director-General, Mr Alex Okoh, said this on Monday in Abuja at a media conference on...
