The N1.1tn Federal Capital Territory Appropriation Bill of 2024 has scaled the second reading at the Senate. A breakdown of the N1.1tn showed that N280bn was booked for overhead, N726bn for capital projects, and N140bn for what was termed “personnel”, bringing the total budget to N1.147tn. Leading the debate on Thursday, the sponsor of…
Minister of Federal Capital Territory, Nyesom Wike has said that some kidnap stories in Abuja are stage-managed, while some are internal arrangement. Wike who was invited by senators alongside FCT Commissioner of Police, Benneth Igweh, to brief the lawmakers on modalities put in place to secure residents of FCT, promised improved security and more…
Weeks after the tragic demise of Dr. Herbert Wigwe, the Chief Executive Officer of Access Holdings, Aigboje Aig-Imoukhuede has now been announced as its non-executive chairman of the multinational financial service group. Recall that Wigwe died in an helicopter crash alongside his wife and son in the United States. Aig-Imoukhuede would replace Mr….
Lagos State Governor, Babajide Sanwo-Olu has introduced a discount of 25% for food items purchased by residents of the state. This was made public in a video shared on the X platform by the Lagos State government on Wednesday. The food discount elicited joy and appreciation from the people of Lagos, who appreciated Governor…
The US House of Representatives has passed a bill banning Tiktok. The House massively voted to approve a bill on Wednesday that would force TikTok to divest from its Chinese owner or get banned from the United States. The lawmakers voted 352 in favour of the proposed law and 65 against it in a…
The federal government has given clarification after it suspended the kickoff of its student loan scheme. According to the Executive Secretary of the Tertiary Education Trust Fund, Sonny Echono, the launch of the student loan scheme has only been postponed for a couple of weeks and not indefinitely. He said this at the TETFUND…
The Nigerian federal government emphasized that President Bola Tinubu would be assessed based on his capacity to foster economic growth, generate employment opportunities, and alleviate poverty within the nation. According to NAN, Olawale Edun, the Minister of Finance and Coordinating Minister of the Economy, gave these parameters at a podcast hosted by Bruit Costaud in…
The Tinubu-led Federal government has commenced an investigation into private universities established in the last 15 years. The move was made following an investigative report by Daily Nigerian journalist, Umar Audu, uncovering certificate racketeering in Benin Republic and Togo. It was gathered that no fewer than 107 private universities were established in the last…
Russia’s President, Vladimir Putin has issued a warning to the West. Speaking on Wednesday, March 13, Putin said that Russia was technically ready for nuclear war and that if the U.S. sent troops to Ukraine, it would be considered a major escalation of the war. Putin, speaking just days before a March 15-17 election…
The Joint Admissions and Matriculation Board (JAMB) has issued a cautionary advisory to parents, urging them to refrain from enrolling minors for the Unified Tertiary Matriculation Examination (UTME). The Registrar of JAMB, Prof. Ishaq Oloyede gave the warning while reacting to a suit filed by one Mrs. Ifeanyi Eke, against the Board, over alleged…