Abuja – The Federal Executive Council (FEC) has approved 2018 draft budget proposal, Road Trust Fund (RTF) and the construction of 14-kilometre 330KVA transmission line to evacuate power from Azura power plant in Edo State.
These were the decisions taken by the council at its...
Members of the House of Representatives are unimpressed with what they term “poor capital releases” for the 2017 budget just as President Muhammadu Buhari is set to lay the 2018 estimates before the National Assembly.
The 2017 budget of N7.441tn has a capital component of...
Bail-Out Funds to States Illegal - Hamman Tukur Ex-Chair RMAFC
Engr. Hamman Tukur was the longest serving Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) where he served for ten years in two tenures. He left a mark and impact that was felt...
President Muhammadu Buhari has sought the Senate's approval of a request to borrow $5.5 billion.
President Buhari, in a letter dated 4th October, 2017 and read by Senate President Abubakar Bukola Saraki, asked the lawmakers to give their nod to the request.
Titled “Request for the...
My dear Nigerians,
October 1st remains a special date for all Nigerians as this marks the day when we attained one of the most precious of human desires — freedom.
Over the years the country has gone through trials and tribulations, but October 1st is always...
Acting President Yemi Osinbajo has said that President Muhammadu Buhari is in good spirit and recuperating very fast.
He made the disclosure to State House correspondents just before entering the Council Chamber to start the weekly Federal Executive Council (FEC) meeting.
Osinbajo, who left Nigeria on...
