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Senate Asks SMEDAN To Account For N298m

Senate Asks SMEDAN To Account For N298m       The Senate on Tuesday asked the Small and Medium Enterprises Agency of Nigeria to account for N298m advance payment it granted to some officials of the agency in 2013. Chairman of the Senate Public Accounts Committee, Senator Mathew Urhogbide,...

We’re Not Part Of FG’s Plan To Sell National Assets, Says Senate

We’re Not Part Of FG’s Plan To Sell National Assets, Says Senate         The Senate has said it was not carried along in the planned arrangement by the Federal Government, through its Bureau of Public Enterprises, to either sell or concession some national assets in order...

Experts Blame Fuel Price Hike, Borrowing As Inflation Climbs To 14.23%

Experts Blame Fuel Price Hike, Borrowing As Inflation Climbs To 14.23%         The hike in food prices and other individual consumption across the country further increased the rate of inflation in Nigeria to 14.23 per cent in October. Figures released by the National Bureau of Statistics on...

That National Centre for Artificial Intelligence and Robotics in Nigeria

That National Centre for Artificial Intelligence and Robotics in Nigeria By Inyene Ibanga         The National Information Technology Development Agency (NITDA) has again achieved another milestone with the launch of the National Centre for Artificial Intelligence and Robotics (NCAIR) as part of its contribution to the successful...

N2.3trn Pension Fund Available For Real Sector Investment – PenCom DG

N2.3trn Pension Fund Available For Real Sector Investment - PenCom DG       There is N2.3 trillion pension fund for investment in the real sector, the Director-General, National Pension Commission (PenCom), Mrs Aisha Dahir-Umar, has said. This, she said, is available via asset classes such as infrastructure funds,...

Salaries: FG To Intervene In 428 Agencies, Says Akabueze

Salaries: FG To Intervene In 428 Agencies, Says Akabueze       The Director General of the Budget Office, Ben Akabueze, has confirmed that about 428 Federal Government agencies would not be able to pay salaries by the end of November. Akabueze stated this on Tuesday when he appeared...