By Tony Obiechina, Abuja The Federation Accounts Allocation Committee (FAAC) has shared a total sum of N606.196 billion as revenue to the three tiers of government for the month of April, 2020. According to a statement by the Director of Information, Mr Hassan Dodo, this was announced at its meeting via Virtual Conferencing chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Dr. Mahmoud Isa-Dutse, on Friday. From this amount, inclusive of VAT, Exchange Gain, Solid Mineral Revenue, Excess Bank Charges and Excess Oil Revenue, the Federal Government received N169.831 billon, the States received N86.140 billion,…
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The Minister of Federal Capital Territory Administration (FCT), Mallam Muhammad Musa Bello, has commended the leadership of the Nigerian National Petroleum Corporation (NNPC) for rallying the Oil and Gas Industry to support the nation in the fight against the COVID-19 pandemic. Speaking at the NNPC Towers during a courtesy call on the Group Managing Director, the Minister said he was impressed with the quality of interventions coming from the NNPC-led Oil and Gas Industry Coalition. Mallam Bello, who also commended the GMD for his sterling performance since assumption of office, said the FCT Administration had been holding discussions with the…
The Economic and Financial Crimes Commission, EFCC, on Friday, May 15, 2020, handed over a property forfeited by former Minister of Petroleum Resources, Diezani Allison-Madueke to the Lagos State government for use as an isolation centre for COVID-19 patients. The property consisting six flats of three bedrooms and a boys’ quarter was forfeited by Mrs Allison-Madueke following an order of Lagos State Federal High in 2017. Speaking during the handover ceremony, the Lagos Zonal Head of the EFCC, Mohammed Rabo stated that the gesture was part of the Commission’s social responsibility efforts towards the fight against the spread of Corona…
Worried by the negative impacts on the society, the Presidential Task Force on Coronavirus (Covid-19) Pandemic has warned the public to desist from stigmatization of Covid-19 patients. This warning was given on Friday by Dr. Sani Aliyu, PTF National Coordinator, during the daily press briefing in Abuja. He lamented the growing cases of stigmatization of Covid-19 patients, saying that this state of affairs will not augur well for the fight against the pandemic in Nigeria. “Stigmatization of Covid-19 patients can only make many who have the disease to go underground and by that singular act the virus will continue to…
No fewer than 10 buildings including a school and church have collapsed at Obeleagu St. and Nkissi Aroli axis of Onitsha North Local Government Area of Anambra following erosion caused by downpour. The News Agency of Nigeria (NAN) reports that Obeleagu community in Onitsha metropolis has been threatened by gully erosion which has turned into an unending nightmare for the people of the area. NAN recalls that the Minister of State for Environment, Mrs Sharon Ikeazor accompanied by the Deputy Governor of the state, Dr Nkem Okeke had in October 2019, inspected the erosion site and promised that work would…
Gov. Bello Matawalle of Zamfara has approved the appointment of Alhaji Lawal Maradun as his new Principal Private Secretary (PPS).This was contained in a statement by his Press Secretary, Malam Jamilu Iliyasu in Gusau on Friday.Iliyasu said that the governor also approved the appointment of three new Permanent Secretaries in the state Civil Service.“The three new Permanent Secretaries are Alhaji Garba Ahmad, Abubakar Jafar and Bala Umar,” he said.Iliyasu said that Maradun was a senior lecturer at the Mass Communication Department of Abdu Gusau Polytechnic, Talata Mafara before his appointment.“Alhaji Garba Ahmad, before his appointment as permanent secretary, served as…
Your Excellency, I write as a citizen and businessman who is concerned about how some of the decisions you have taken in the management of the COVID-19 Pandemic affects the maritime sector within which I operate. I also intend to address how the current situation may ultimately affect the economy of the state and nation in general. Let me state from the outset that I understand the responsibility that you have as the chief executive of Rivers State to provide security for lives of people and their property. It is a right that no one can take away from you…
By Tony Obiechina, ABUJA The African Export-Import Bank (Afreximbank) has demystified market uncertainties caused by COVID-19 pandemic and successfully concluded a dual-currency Syndicated Loan, equivalent of US$907.5 million. The loan comprised of two tranches of US$485 million and EUR390.4 million. A statement by Tito Alai of the Bank’s Communications department on Friday, said that the proceeds will be used for general corporate activities and would strengthen the Bank’s liquidity position as it implements its US$3 billion Pandemic Trade Impact Mitigation Facility (PATIMFA). Afreximbank President, Prof. Benedict Oramah said that the market’s confidence in the Bank, despite the COVID-19 pandemic-induced volatility and uncertainty was a testament to the…
Gov. Ifeanyi Okowa of Delta on Friday commiserated with his counterparts in Oyo and Sokoto States on the death of two serving commissioners in their respective states. Okowa, in a statement by his Chief Press Secretary, Mr Olisa Ifeajika, in Asaba, sympathised with the families, the governments and people of both states on the passing of the two serving commissioners. He noted that the late commissioners Kehinde Ayoola, aged 55, was in charge of the Ministry of Environment and Natural Resources in Oyo State and Surajo Gatawa, aged 62, held sway at the Ministry of Lands and Housing in Sokoto.…
COVID -19: Startimes Nigeria, has donated 6,000 face masks to the Federal Ministry of Finance, Budget and National Planning. From right Joshua Wang, Director Startimes Nigeria, Mr. David Zhang CEO Startimes Nigeria, Minister of Finance, Budget and National Planning, Zainab Ahmed, Mrs Anita Shittu, Director Human Resources, and Mallam Aliyu Ahmed, Permanent Secretary, Special Duties, reduring the presentation of the items in the Minister’s office in Abuja, on Friday.