About 22 top officials of the federal government were sacked for their different roles in the padding of the 2016 budget.
This revealaton was contained in Buhari’s authorised biography, ‘Muhammadu Buhari: The Challenges of Leadership in Nigeria’, written by Prof. John Paden and presented to the...
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Corrruption: President Buhari's agenda is to rid the counrty of corruption. But what he failed to realise is that corruption has eaten deep into the fabric of the Nigerian system. Even those that brought him to power did so allegedly from corrupt funds. You cannot go digging up your foundation...
The Senate has revealed why Senator Bukola Saraki paid a visit to President Muhammadu Buhari yesterday.
In a series of tweets earlier today, the Senate through its official Twitter handle (@NGRSenate) disclosed that Senate president, Bukola Saraki's visit to Villa is for Senate to know...
The Ministry of Works, Power and Housing is to spend N20, 692,987,864 on the provision of electricity to its corporate headquarters in Abuja, Daily Independent reports.
The expenditure, which is contained in the 2016 Appropriation Bill, also includes the sum of N45, 463,197 for fuelling of its...
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The presidency has denied the report yesterday in a national dailies that President Muhammadu Buhari had secretly withdrawn the 2016 budget estimates that he presented to the National Assembly on December 22, 2015, describing it as untrue.
In the same vein, the Senate denied knowledge of the...
President Muhammadu Buhari on Friday responded to criticisms on the alleged slow nature of his administration, saying he adopted the style deliberately so that he would not make mistakes.
According to a statement by his Senior Special Assistant on Media and Publicity, Mallam Garba Shehu, the...
Governor Ayodele Fayose of Ekiti State, has promised to continue to prosecute programmes that will make life more meaningful for Ekiti people, within the ambits of his administration’s six-point development programmes.
Fayose in his new year message said, although the implication of the adverse...
The Peoples Democratic Party has alleged that the proposed N1.84tn borrowing for the N6.08tn budget presented to the National Assembly by President Muhammadu Buhari has made the nation a borrowing country.
It said that with this, the country was going the way of Greece.
The National Publicity...
Shocking details have emerged from the recent presented 2016 budget that the executive arm of the government would spend the lion share of N5.87 trillion, or about 96.5 per cent of the total N6.1 trillion about N205 billion or 3.5 per cent to the other arms of government, with the Legislature...
Nigerians have been told to expect a bleak economy in 2016.
According to the magazine’s analysts, early signs are of a worrying resurgence of economic nationalism, stressing that economic growth under the presidency of Muhammadu Buhari will be “uninspiring” in 2016.
“Given policy uncertainties...
President Muhammadu Buhari has explained that despite the fall in the international price of crude oil, measures taken to block leakages in the nation’s revenue generating agencies would ensure enough cash to fund the N6 trillion budget he recently submitted to the National Assembly.
The...
International Monetary Fund has predicted that crude oil prices may slump to as low as $20 per barrel in 2016.
In the ‘IMF Executive Board Concludes 2015 Article IV Consultation with Iran’ report, the body highlighted that the price of crude oil could drop by between $5 and $15 in 2016...
Hon. Essien Ayi, a member f the Peoples Democratic Party, PDP, representing Calabar south in Cross river state was caught by camera while sleeping during the Budget presentation by President Mohammadu Buhari at the National Complex joint session yesterday.
It is a few days to Christmas and some Nigerians have made big plans just so they can have a great time during the holidays. In order to keep you from going overboard, Jovago, online hotel booking portal shares ways you can have fun and still stay within your Christmas budget!
During the...
The Federal Government on Tuesday in Abuja earmarked N433.4 billion in the 2016 budget for its services in the Ministry of Power, Works and Housing led by Babatunde Fashola.
President Muhammadu Buhari stated this on Tuesday in his 2016 budget speech delivered at the Joint session of the...
Opposition party, Peoples Democratic Party (PDP) has described the N6.8 trillion 2016 federal budget presented by President Muhammadu Buhari on Tuesday, December 22 as a big fraud and executive conspiracy tailored towards mortgaging the future of the nation.
The party, in a statement queried...
- The future looks so bright and I appeal that we all work together make our vision a reality
- we shall encourage economic diversification through import reduction and expert increment.
- We will align fiscal, monetary and investment policies, says PMB
-We have the will, resources and...
Minister of Finance, Mrs. Kemi Adeosun, has said the Federal Government will borrow internationally and locally to finance the deficit in the 2016 budget, SignalNg reports.
The minister in an online publication revealed that the development was as a result of dwindling oil prices which is...
The DMO was established on 4th October, 2000 to centrally coordinate the management of Nigeria’s debt, which was hitherto being done by a myriad of establishments in an uncoordinated fashion. This diffused debt management strategy led to inefficiencies.
According to recent figures released by...
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