The House of Representatives, yesterday, approved the 2012 budget of Nigeria Communication Communications (NCC) to the tune of N52 billion. Going by the NCC budget breakdown, N13 billion was earmarked for recurrent expenditure, N6 billion for transfer ...
A member of the board of Central Bank of Nigeria (CBN) Professor Samuel Olofin has said that it was not possible for the bank to submit its total budget to the National Assembly for scrutiny because there may be expenses midway into the implement...
The Nobel Laureate, Prof. Wole Shoyinka has advocated for regional cooperation and devolution of power from the centre in the country. Soyinka made the call yesterday during a lecture and interactive session with students and stakeholders of Akwa Ibom ...
The Niger State governor, Dr Muazu Babangida Aliyu, has called on Nigerians to stop playing up the ‘settler’ and ‘indigene’ syndrome, even as he expressed optimism that the present security challenges facing the nation wou...
Lagos State Governor, Mr. Babatunde Fashola (SAN), Tuesday arrested two top Military officers who drove on the dedicated Bus Rapid Transit (BRT) lane expressing dismay that those who should show the highest form of discipline and professionalism were t...
A detachment of soldiers from the 14 Brigade of the Nigerian Army in Abia State Friday stormed a notorious maternity home in Umunkpeyi, Isiala Ngwa local government, and released 17 women and three children held in the home to produce children wh...
Northern delegates attending the 19th international convention of the Northern Peoples Frontiers in the United States, called The Zumunta Inc, have attributed the poor security situation in Nigeria to corruption within the government. They also attribu...
The Chairman of Pacific Energy Mr. Adedeji Adeleke yesterday said that the Federal Government would soon commence the building of a coal power plant worth $4 billion dollars in Benue State. Adeleke who made this known during the official commissi...
The Nigerian National Petroleum Corporation (NNPC) has said it is not yet in a position to confirm or deny the alleged improper loans to the federal government. Media report yesterday quoted Reuters as alleging that the federal government was owing the...
Citing environmental concerns, the House of Representatives yesterday queried the federal government’s 15-year restriction on imported used vehicles as it directed its committees on environment, road safety and Customs to conduct an environmental...
The Senate yesterday said it was yet to receive the Petroleum Industry Bill (PIB) from the presidency. Briefing newsmen after plenary, the Chairman of the Senate Committee on Information and Media, Enyinnaya Abaribe, said they had expected the Bi...
The Ibrahim Tukur El-Sudi-led House of Representatives Ad Hoc committee that investigated the remote and immediate causes of the near collapse of Nigeria’s Capital Market yesterday laid its report before the Lower House. The speaker, Aminu ...
In order to avoid any unwanted situation that may arise from the lack of transparency in the Power Holding Company of Nigeria (PHCN) bidding process, the Chairman of the Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, has said that th...
Following the two recent aircraft accidents involving two Nigerian airlines - Dana Air and Allied Air in Lagos and Accra, Ghana respectively, the Federal Government has said it would make the International Airline Transpor...
Banking stocks yesterday on the floor of the Nigerian Stock Exchange for the day running, lifted market indices further by 0.27 per cent. The banking sector trading increased the All Share Index by 0.27 per cent to close at 23,039.27 points, compared t...