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Monday, July 24, 2017

Finally, Osinbajo Signs 2017 Budget

The Acting President Yemi Osinbajo has signed the 2017 appropriation bill into law. Prof Osinbajo signed the budget at about 4:40 p.m. on Monday inside...

Buhari Directs Osinbajo to Sign 2017 Budget

Healing President Muhammadu Buhari has directed the Acting President, Prof Yemi Osinbajo, to sign the 2017 Appropriation Bill into law. The Senior Special Assistant to...

NNPC Increases Gas Supply

Efforts by the Federal Government to boost electric power generation in the country may soon yield the required dividend following the sustained increase in...

CATBAN Petitions DSS, EFCC Others Over Monumental Fraud in NHIS

Citizens Action to Take Back Nigeria(CATBAN) a non-governmental organization(NGO) has petitioned the Directorate of State Services(DSS), the Economic and Financial Crimes Commission(EFCC) and the...
Buhari

Nigeria Financing SDGs despite recession -FG

The Federal Government has told the United Nations that the country has been financing the implementation of the Sustainable Development Goals (SDGs) despite the...

NIETI: $37bn Crude Oil Worth Lost in Four Years

The Nigerian Extractive Industry Transparency Initiative (NEITI) has revealed that the Nigerian Liquefied Natural Gas (NLNG) failed to account for $15.9 billion oil proceeds...
Kemi Adeosun

FG Confirms First Payment of N375.8m to Whistleblowers

The Federal Ministry of Finance has confirmed release of N375.8M to the first batch of 20 providers of information under the Whistleblower Policy. The...
NBS National Bureau of Statistics

Unemployment Rises to 14.2% in Q4 2016

The unemployment report released by the National Bureau of Statistics (NBS) Tuesday has shown that no fewer than 5.5 million Nigerians became unemployed in...

Poverty peaks as income to transport ratio rises

Nigeria’s consumer prices increased 17.24 per cent year-on-year in April, easing slightly from a 17.26 per cent in March, even as food and other...

FG Urged to Increase Funding in Education Sector

The Federal Government has been advised to increase its funding of the education sector if Nigeria is to become globally competitive. A former Nigerian Ambassador...

Osinbajo: Nigeria Will Be Self Sufficient in Rice Production by 2019

‎Acting President Yemi Osinbajo has once again reassured Nigerians that the country will be self sufficient in rice production by 2019. The acting president gave...
House of Reps

Reps Seek Mandatory 5-Year Minimum Wage Review

The House of Representatives has passed for second reading, a bill seeking to amend the National Minimum Wage Act, with a view to making...

2017 Budget: NASS slashes FMC travel, miscellaneous budget by N212m

The recently approved 2017 national budget finally gets the nod of the Presidency by way of asset, then the ministry of communications and its...

Senate Halts sale of Port Harcourt Refinery

The Senate has asked the Federal Ministry of Petroleum Resources and the Nigerian National Petroleum Corporation (NNPC) to halt further action on the planned...
Yemi Osinbajo

Acting President Osinbajo’s 30 Key Points on Democracy Day

Acting President Osinbajo’s 30 Key Points on Democracy Day The Economic Confidential presents below the 30 Key Points from the Speech of Acting President Prof....

Democracy Day: Osinbajo Expresses Optimism

The Acting President, Prof. Yemi Osinbajo, has  admitted that the economy had proven to be the biggest challenge facing the present administration but the...
President Muhammadu Buhari

FG approves closure of 5 Expensive Foreign Missions

FG approves closure of 5 Expensive Foreign Missions The Federal Government of Nigeria has approved the closure of five foreign missions and embassies, Minister of...

Senate Passes PIB into law, Approves Creation of two Firms

Senate Passes PIB into law, Approves Creation of two Firms The Senate has broken over 15 years jinx by passing into law the most awaited...

Osinbajo Seeks Assembly’s Approval for $1.28bn External loan

The Acting President, Prof. Yemi Osinbajo, has requested approval of the House of Representatives for fresh $1.28bn and €9m loans under the 2016-2018 External...
Ahmed Idris AGF

FAAC Shares N415 billion to FG, states, LGAs 

The Federation Accounts Allocation Committee (FAAC) yesterday shared N415.730 billion among the three tiers of government- federal, states and local government areas (LGAs) for...

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