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In Five Years, Presidential Panels Gulp N15bn

In Five Years, Presidential Panels Gulp N15bn   About N14.79bn was earmarked for presidential committees supervised by the Office of the Secretary to the Government of the Federation between 2018 and 2022. This came as President Muhammadu Buhari inaugurated at least 10 committees and councils in 2022...

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim

Stamp Duty: Presidency Knocks Kazaure Over N89trn Claim   Following controversies trailing a claim of a missing N89.09trn allegedly siphoned from stamp duty charges, the Presidency on Tuesday said such claims were false. It also said the entire banking sector deposits in Nigerian did not amount to...

How Governors Received N625.43bn Oil Derivation, Refunds in Two Years – Presidency

How Governors Received N625.43bn Oil Derivation, Refunds in Two Years - Presidency The Presidency has said nine oil-producing states received a total of N625.43 billion 13 percent oil derivation, subsidy and SURE-P refunds from the Federation Account in the last two years, 2021-2022. According to a...

Imo Disaster: Buhari Orders Clampdown on Illegal Refineries

Imo Disaster: Buhari Orders Clampdown on Illegal Refineries   President Muhammadu Buhari has directed the nation’s armed forces, security and intelligence agencies to intensify the clampdown on illegal refineries following the reported deaths of tens of people Friday night after an illegal refinery exploded at Abaezi...

AMCON Empowered To Sell Debtor-firms, VIPs’ Assets As Buhari Signs Bill

AMCON Empowered To Sell Debtor-firms, VIPs’ Assets As Buhari Signs Bill   President Muhammadu Buhari has signed into law the Asset Management Corporation of Nigeria (Amendment) Act, amending the AMCON Act No.4, 2010. The development means AMCON has now been empowered to take possession, manage, and sell...

Nigeria To Broaden Economy Through Multilateral Financing – Buhari

Nigeria To Broaden Economy Through Multilateral Financing - Buhari     President Muhammadu Buhari has given an assurance that the Nigerian government will continue to support efforts to broaden the economy through multilateral financing. The President, according to a release issued on Monday by his spokesman, Garba Shehu...