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FAAC Distributes N465bn to FG, States, LGS for January 2017

At the meeting of the Federation Account Allocation Committee (FAAC) a total of N465.149 billion has been distributed for the month of January, 2017 between the Federal, States and  Local Government Councils. The communiqué issued by the Technical sub -Committee FAAC at the end of...

Nigeria, Germany to Improve Trade Ties

Nigeria together with some African countries would seek to improve trade and investment ties with German at Germany-Africa Business Forum slated to hold at Frankfurt on March 23. This is contained in a statement posted on the Germany-Africa Business Forum website and accessed by the...

FCTA Seeks Closer Partnership with NEPAD

The FCT Minister, Malam Muhammad Musa Bello, has called for a more robust relationship with the New Partnership for Africa’s Development (NEPAD), the planning and coordinating technical body of the African Union. The Minister made this call when the National Coordinator/Chief Executive Officer of New...

2017 Fiscal Year: Senate Approves MTEF

The Senate has approved the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) and set oil benchmark for 2017 budget at 44.5 dollars per barrel. It also approved the exchange rate at N305 to a dollar as proposed by the executive for the...

Relocation of Abuja Airport to Cost N1.1bn

Minister of State for Aviation, Sen. Hadi Sirika has said that the relocation of operations of the Nnamdi Azikiwe International Airport to Kaduna would cost over N1.1 billion. Sirika while briefing the senate on the logistics implication of the relocation said that the ministry had...

Undue Process : VP, SGF Remove Female Top shot from Office

The seeming absence of due process in the current administration has again come to the fore as the Office of Vice President (VP)and Secretary to the Government of the Federation have been fingered in wrongful disengagement of Mrs Maryam Danna, a top shot at...