HomeNewsNational News

National News

NSITF pays over N700m in 5 years for ECA scheme

The Nigeria Social Insurance Trust Fund (NSITF), has paid over N700 million as compensation for workers who suffered one degree of injury or the other, including death under the new Employees Compensation Scheme (ECS) in the last five years. Calling for more support from all...

50 NGOs give NJC One Week to Suspend Arrested Judges

A coalition of over 50 non-governmental organisations (NGOs) has given the National Judicial Council (NJC) a one-week ultimatum to suspend all the judges arrested by the Department of State Service (DSS) over allegations of corrupt practices. Members of the organisation in their large numbers, stormed...

NLNG to raise $15b for Train 7

Nigeria Liquefied Natural Gas Limited (NLNG) plans to raise $15 billion from the International Capital Market to fund its Train 7 project, its Managing Director Tony Attah, has said. The Train 7 investment is capable of generating 18,000 jobs, he added. Attah told the Senate to...

Buhari Inaugurates PCNI for North-East Rehabilitation

President Muhammadu Buhari has inaugurated the Presidential Committee on the North-East Initiative CNI chaired by former Defence Minister retired General Theophilus Danjuma. The inauguration took place inside the Council Chambers of the Aso Rock Presidential Villa in Abuja. The president said the worst of the Boko...

IMF to Nigeria, others: Remove Subsidies, raise Taxes

Says Eurobonds shouldn’t be main source of financing In order to effectively absorb the impact of their slowest growth in more than two decades, Nigeria and other African exporters of oil and commodities should remove subsidies and boost taxes, the International Monetary Fund (IMF) said...

Revenue Agencies Stink of Corruption – Adeosun

MINISTER of Finance, Mrs Kemi Adeosun, yesterday, told the Senate that the Federal Government would sustain its over N6trillion national budget in the 2017 appropriation bill, expected to be submitted by President Muhammadu Buhari, after the consideration and subsequent approval of the pending 2017—2019...