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FG Targets N5tn from Asset Sales

The Federal Government is looking at generating as much as $16.4bn (N5tn at N305 to the dollar) through asset sales in the next four years to reduce the burden on the public budget. The sales will help to tackle inefficiencies and stem “corruption in public...

Saraki: I Spoke With Buhari, He is Fine

The President of the Senate Dr. Abubakar Bukola Saraki has confirmed that President Muhammadu Buhari is healthy and in high spirits. Saraki who too to his tweeter handle @bukolasaraki to give the confirmation said that he spoke with the President on Wednesday night and he...

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...

Saraki Launches Made in Nigeria Challenge

The President of the Senate, Dr Abubakar Bukola Saraki has launched a contest to promote made in Nigeria products. The Contest scheduled to run for three months is aimed at showcasing the process and raw materials used in producing such locally made goods. In a statement...

We Won’t Consider 2017 Budget Until MTEF is Passed – Senate

The Senate has said even though President Muhammadu Buhari will present the 2017 Appropriation Bill to the National Assembly next Wednesday, it will not consider the bill until the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper it is currently working on is...

Senate Begins Final Work on Economic Recovery Bills

The Senate will this week inch towards passing half of its historic and the much needed economic reform package as six of the 11 priority economic growth and reform bills have been scheduled for public hearings between today and Thursday. The legislation scheduled for public...