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Power Sector Privatisation has Failed

Senate President Bukola Saraki says the privatisation of the power sector has failed. Saraki said this in his message at the opening session of the Senate, while also decrying the policy inconsistencies that have continued to challenge the business environment. He said, “Before we left for...

Budget, Buhari’s $29.96bn Loan Request Top Agenda as N’Assembly Reconvenes

Debate on the 2017 budget and the bid by President Muhammadu Buhari to secure a $29.96bn foreign loan will top the agenda as the National Assembly reconvenes in Abuja today after the Christmas and New Year break. The lawmakers took a 26-day break soon after...

Pastor Adeboye: Presidency Sacks Board of Controversial Financial Council

The board of the agency mentioned as the cause of the controversial  retirement of popular cleric, Pastor Enoch Adeboye, has been sacked. The Financial Reporting Council of Nigeria (FRN) was cited by Pastor Adeboye on Saturday morning while announcing his retirement as General Overseer of...

FG Appoints Commissioners for Interior Board

President Muhammadu Buhari has approved the appointment of retired Major-Gen. Emmanuel Bassey and Mr Ado Ja’afar as Commissioners for the Civil Defence, Fire, Immigration and Prisons Services Board (CDFIPB). This is contained in a statement issued by the acting Permanent Secretary, Ministry of Interior, Alhaji...

N5,000 Stipend: How we Identified Beneficiaries – Presidency

Presidency has said the beneficiaries of the N5,000 stipend in the Social Investment Programmes, SIP, were selected through a credible process by non partisan approach. It stated that government workers, working with the state officials, identified the poorest local government areas, using an existing poverty...

Oil Marketers Responsible for Cooking Gas, Kerosene Scarcity — NNPC

The Nigerian National Petroleum Corporation, NNPC, has blamed oil marketers in the country for the excruciating scarcity of kerosene and Liquefied Petroleum Gas, LPG, also known as cooking gas and the high price of the commodities across the country. The price of cooking gas had shot...