30 C
Abuja
Thursday, June 4, 2020

Zainab Ahmed

Buhari approves withdrawal of $150m from Sovereign Wealth Fund

  The President Muhamadu Buhari has given approval for the withdrawal of $150m from the Sovereign Wealth Fund for distribution to the three tiers of government. The need to withdraw the amount was to cushion the negative impact of the drop...

$460m Abuja CCTV: SERAP wins suit to compel FG to disclose details of project

The Socio-Economic Rights and Accountability Project (SERAP), has won the latest round of the legal battle compelling the Federal Government, to disclose the details of the $460 million loan obtained in 2010 from China to fund the failed Abuja...

SERAP sues Buhari administration over failed Chinese $460m Abuja CCTV project

  Socio-Economic Rights and Accountability Project (SERAP) filed a lawsuit in Federal court against Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning over failure to “disclose information and specific documents on the total amount of money paid to...

SERAP Seeks Details Of Spending On $460m Failed CCTV Project, Other Chinese loans

  Threatens to take legal action if requested information is not provided   The Socio-Economic Rights and Accountability Project (SERAP), has requested for details of the total amount of money paid to contractors from the $460 million loan obtained in 2010...

Nigeria’s border closure : IMF thumbs up for FG

  About 57 days after Nigeria shut its borders against neighboring countries to fight smuggling, the International Monetary Fund (IMF) may have thrown its weight behind the Federal Government, describing  it is an illegal trade. `` It is about illegal trade...

Nigeria’s $3bn World Bank facility ‘ll be invested in power sector — Finance Minister

Kunle Akinsola Nigeria is set to access the World Bank facility of three billion dollars, according to the Finance Minister, Zainab Ahmed. Speaking in Washington DC at an interactive session with  with journalists, Ahmed, disclosed that the facility which will be...

$9.6bn judgment against Nigeria: Justice Minister, CBN Gov. others head for UK court

By Kunle Akinsola   Nigeria’s legal team headed by the Minister of Justice and Attorney General of the Federation, Mr Abubakar Malami and the Central Bank Governor, Mr Godwin Emefiele, is in the United Kingdom for a  fresh legal battle against...

Governors demand audit for N614bn bailout deductions

  Nigeria governors have demanded an audit of money owed to states by the Federal Government as a condition for repayment of the N614 bailout fund. The Chairman of Nigeria Governors' Forum (NGF) and Governor of Ekiti State, Dr. Kayode Fayemi,...

FG increases VAT to 7%

  To seek approval by NASS The Federal Executive Council (FEC), presided over by President Muhammadu Buhari has approved a two per cent increase in Value Added Tax (VAT) to move it from five to seven percent. The Minister of...

Buhari, Osinbajo’s absence stalls Inaugural FEC meeting

The inaugural meeting of the Federal Executive Council (FEC), did not hold on Wednesday, due to the absence of President Muhammadu Buhari, and the Vice President, Prof. Yemi Osinbajo. The President is currently in Yokohama, to attend the Seventh Tokyo...
- Advertisement -

Latest News

Octogenarian ex-Ondo State Gov. Olomilua dies

    Elderstateman and one-time Governor of the old Ondo State, Evangelist Bamidele Olomilua, has passed on. The 80 years old breathed his last...
- Advertisement -

Five years after, child defiler gets death sentence for fatally raping baby

    A child defiler, who ravished a 33-month-old baby and snuffed her out is to die by hanging, a Nigerian court has ruled. A Kaduna State High...

Senate Probe Panel Indicts Akpabio Over NDDC N500m Project Scam

  The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, may have soiled his hands in a N500 million Niger Delta Development Commission's project fraud as...

Jailed ex-Abia Governor, Orji Kalu, released from prison

  Following a Lagos court judgment, jailed former Abia State Gov. Orji Uzor Kalu, was on Wednesday night released from Kuje Correctional Centre, Abuja. The convicted...

Hidden pandemic of domestic violence alongside COVID-19 by Patricia Scotland

    By Patricia Scotland, Commonwealth Secretary-General Waking up to screams, thuds, angry shouting and the sickening sound of someone crashing into a wall, a table, a...