Kaduna State Governor Nasir El-Rufai has signed the state’s 2022 Budget, assuring residents of the state that the N278.58bn budget will be faithfully implemented to advance public welfare and develop human capital and infrastructure. The signed budget allocates N184.53bn to capital expenditure and N94.05bn to recurrent, a ratio of...
The Monetary Policy Committee of the Central Bank of Nigeria has reduced the Monetary Policy Rate, also known as main interest rate, to 12.5 per cent from 13.5 per cent. The CBN Governor, Mr Godwin Emefiele, disclosed this while announcing the decision of the MPC at its meeting on Thursday. He...
The House of Representatives will adequately address the refusal of President Muhammadu Buhari to assent to the Electoral Act (Repeal and Re-Enactment) Bill, 2021, in January next year. The Speaker, Rep. Femi Gbajabiamila, made the disclosure in a speech to members on Tuesday to mark the adjournment of the House...
Borno State Governor, Prof. Babagana Umara Zulum on Wednesday proposed N208b for the 2021 budget with capital projects allocated 65% while recurrent expenditures got 35%. The Governor, during his presentation at the state assembly in Maiduguri, proposed N135.1b for capital expenditure, representing 65% and N72.7b for recurrent expenditure representing 35%...
the poor, elderly, vulnerable to get free allocation Ogun State has purchased 100 trucks load of rice to be sold at cheaper rates to residents of the state to cushion the effect of the rise in the prices of goods in the country. The state governor, Prince Dapo Abiodun stated...
“The only way to effectively address the massive infrastructural deficit that the country faces is by Public-Private Partnership (PPP) arrangement in one form or the other,” according to Vice President Yemi Osinbajo, SAN. Prof. Osinbajo stated this today at the opening of a 2-day retreat of the National Council on...
The Executive Governor of Kogi State, His Excellency, Alhaji Ahmed Usman Ododo has charged Management of China Civil Engineering Construction Corporation Ltd. (CCECC) on timely completion of all ongoing road projects awarded to the company by Kogi State Government before the rains set in fully. Governor Ododo made this charge...
Perturbed by recent incidents of storm water flooding on some of the roads in Nsukka metropolis as a result of heavy rains, Governor Ifeanyi Ugwuanyi of Enugu State, has directed the State Ministry of Works and Infrastructure to immediately carry out detailed engineering survey and investigation of the affected...
Inspector General of Police Ibrahim Alkali Baba on Monday 21st June 2021 joined Governor Simon Bako Lalong at the premises of the New Government House in Rayfield Jos to inaugurate 50 new patrol vehicles and 200 security motorcycles procured by the Government of Plateau State. Governor Lalong described the event...
The Minister of the Federal Capital Territory (FCT), Nyesom Wike, has confirmed that President Bola Tinubu has approved two billion naira as palliative for the FCT. Wike disclosed this on Monday when he met with contractors in his office after the maiden Federal Executive Council (FEC) meeting of the current...