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N386bn Looted Funds to Finance Budget Deficit

-Calabar-Lagos, Lagos-Kano rail lines allocated N120bn Minister of National Planning, Senator Udoma Udo Udoma has said that N386 billion recovered looted funds would form part of resources to finance the 2016 budget deficit. He disclosed this while announcing details of the N6.06 trillion budget, with the...

FG Considering N56,000 Minimum Wage – Minister

The minister of labour and employment, Dr Chris Ngige, has described as legitimate the call by labour for a review of the national minimum wage and said the federal government is carefully studying it in order to give an appropriate response. The minister made the...

We’ll Do Our Best for Better Nigeria – Buhari

President Muhammadu Buhari has assured Nigerians that he would do his best to turn around the fortunes of the country through the effective utilisation of available resources. Speaking in an interview in Katsina monitored on radio and television, Buhari said he would do his best...

At Last Buhari Signs Approriation bill into Law

President Muhammadu Buhari has finally signed the 2016 budget appropriation  bill into law.  The signing was witnessed by the Vice President, Professor Yemi Osinbajo, Special Adviser to the President on National Assembly, Ita Enang and Chairmen of  appropriation committees of both  the senate and House...

Buhari set to sign 2016 budget today

President Muhammadu Buhari is set to sign this year’s budget today after receiving the clean copy of the document yesterday, it was learnt. The 2016 Appropriation Bill was presented to the President last month after passage by the National Assembly, but the President declined to...

Nigeria not exploiting hydrocarbons in Bakassi, says Buhari

President Muhammadu Buhari has denied that Nigeria is exploiting the hydrocarbon deposits in the disputed Bakassi Peninsula. Buhari gave the assurance during a question- and-answer session with his visiting Camerounian President Paul Biya, to mark the end of his two-day state visit to Nigeria. Buhari’s denial is...