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Saturday, January 25, 2020

Zainab Ahmed

$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...

FG to recover N614bn budget support to states

The Federal Government has begun moves to recover the sum of N614 billion advanced to 35 States as budget support facility. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this at the end of the National Economic...
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Ex-Kogi Commissioner bags 19 years in jail for N20m fraud

   For stealing about N20 million naira while in office, a former Kogi State Commissioner for Agriculture, Zachaeus Atte, has...
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Invest more in issues relating to malnutrition, NEC urges state, local governments

  The National Economic Council (NEC), has appealed to States and Local Governments to invest more in issues relating to malnutrition, adding that they should...

Man, 37, faces trial in court for noise-making at police station

A 37-year-old businessman, Lawrence Atikekeresola, got more than what he bargained for allegedly making a noise at a police station in Lagos. He is facing...

Lagos boy plunges into death-well to retrieve phone

    Love of prized possession more than one's life consumed a 26-year-old Lagos boy, who took a dive into a "death-well" to retrieve his phone. The...

Faulty Power Lines: TCN to Acquire Helicopters 

  For fault detection on its transmission line network across the country,  the Transmission Company of Nigeria (TCN) says it plans to acquire a fleet...