Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Kidnapping: Senate Proposes 15 Years Imprisonment For Ransome Payers
The Senate has proposed a 15-year jail term for persons who pays ransom to kidnappers. The Upper Chamber of the National Assembly also insisted on an end to ransom payment by families
Yakubu Deplores Attacks On INEC Facilities
Chairman of the Independent National Commission (INEC) ,Prof.Mahmood Yakubu,has said that the sustained aggression against the commission, seen in the vandalization and burning of INEC offices and property in parts of the
62,477 Lagos Traffic Offenders Prosecuted In One Year
The Lagos State mobile courts have arrested, arraigned and convicted 62,477 traffic offenders for various reasons in one year The state Attorney-General and Commissioner for Justice, Moyosore Onigbanjo (SAN), disclosed this during
Akeredolu,Adegboruwa Fault AGF On Open Grazing
Ondo State Governor, Arakunrin Oluwarotimi Akeredolu, and human rights activist,Ebun Adegboruwa have faulted the position of Attorney General of the Federation Abubakar Malami,that open grazing was unconstitutional. The governor insisted that the
Lagos Rakes In N127bn IGR In Q1
Lagos State Government says it generated N127 billion revenue in the first quarter of 2021 despite the recession and adverse effects of the Corona virus pandemic. The State Commissioner for Finance, Dr.
N162 Fuel Price Unsustainable -NGF
The Nigerian Governors’ Forum (NGF) has canvassed the need for Nigeria to consider increase in the pump price of fuel and total deregulation of the nation’s downstream sector. They said that Governor
Reps Probe Iseyin Killing
The House of Representatives has resolved to probe the unrest in Iseyin Local Government Area of Oyo State caused by killing of indigenes by men of the Nigerian Customs Service. They also
Abiodun Suspends Aide For Stealing $650m
Governor Dapo Abiodun of Ogun State has suspended one of his aides , Abidemi Rufai, arrested in Washington, over an alleged involvement in stealing of $650m unemployment fund. Rufai, was arrested last
Why Africa Needs Debt Relief -Buhari
President Muhammadu Buhari Tuesday in Paris, France, stressed the need for European countries and global financial institutions to consider reducing devastating effect of the Coronavirus pandemic on African economies. He said could
Stakeholders Express Concern Over Buhari’s Request For $6.183bn External Loan
Nigerians have faulted the current request by President Muhammedu Buhari to borrow $6.183billion external loan to finance the 2021 budget. They said the frequency of loans are too frightening and raise doubt
