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Finance Law: Presidency, Minister Differ On Implementation

Finance Law: Presidency, Minister Differ On Implementation   The confusion over the implementation date of the finance law deepened on Tuesday as the Presidency and the Ministry of Finance expressed differing opinions. The Presidency said the Finance Act which President Muhammadu Buhari, signed into law on Monday...

Presidency: 2020 Budget Good But Not 100%

Presidency: 2020 Budget Good But Not 100%   The Presidency said on Sunday that President Muhammadu Buhari , was backed by law to return any portion of the 2020 budget that required reworking to the National Assembly. It noted that the budget was “good enough”, having come...

Gencos Write Presidency, NERC Over Admin Charge

Gencos Write Presidency, NERC Over Admin Charge   Power generation companies on Monday petitioned the Nigerian Electricity Regulatory Commission, the Presidency and other relevant agencies of government over a recent administrative charge imposed on Gencos. In a letter dated September 30, 2019, addressed to the chairman of...

Presidency Hawks Want Bonga Seized Over Judgment Debt

Presidency Hawks Want Bonga Seized Over Judgment Debt   As the $9.6 billion arbitration award and United Kingdom Court enforcement judgment against Nigeria in favour of an Irish firm, Process & Industrial Developments Limited (P&ID), continue to generate controversy, presidency hawks are urging the federal government...

Still On The Presidency, Shi’ites And The Police

Still On The Presidency, Shi’ites And The Police By Yushau A. Shuaib “Please, in the name of God don’t fight or fire…” – DCP Usman Umar The above were the last words of Deputy Commissioner of Police (DCP) Usman Umar, who was shot while attempting to rescue...

$1bn ECA Balance Is $123.11m, Presidency Says

$1bn ECA Balance Is $123.11m, Presidency Says The Presidency on Monday gave additional details on how the controversial $1bn approved from the Excess Crude Account in 2017 to fund security operations was spent. According to the Presidency, the unspent balance as of today is $123.11bn. The Peoples...