Abuja

Senate Gives Kyari, NUPRC Boss 24 Hour To Defend Budget

Senate Gives Kyari, NUPRC Boss 24 Hours To Defend Budget The Chairman of the Senate Appropriation Committee, Senator Adeola Olamilekan, has ordered the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited, Mele Kyari, to in 24 hours appear before the committee. The committee chairman, on Wednesday, also asked Kyari to be present in the company of the Executive Secretary of the Nigerian Upstream Petroleum Regulatory Commission. The oil agency had earlier ignored summons by the Senate to appear before its committee over probing of over N11trn expenditure on turnaround maintenance of refineries in the country between 2010…

Dec

2023

Protesters Assemble At National Assembly, Seek Wike’s Resignation

Protesters Assemble At National Assembly, Seek Wike’s Resignation The protesters criticized Wike’s leadership, labelling it as incompetent and lacking vision for the development of the Federal Capital Territory. There was a protest at the National Assembly complex by thousands of Abuja residents and members of civil society groups, calling for the immediate resignation and prosecution of the Minister of the Federal Capital Territory, Nyesom Wike. The protesters criticized Wike’s leadership, labelling it as incompetent and lacking vision for the development of the Federal Capital Territory. Adamu Kabir Matazu, speaking on behalf of the protesters and representing the Network of Civil…

Dec

2023

Akpabio Allegedly Takes N800m From Senate Account For His Birthday Celebration, While Senators Donate N150m, Demands Donation From MDAS

Abuja, Entertainment, National Assembly, News Flash

Senate President, Akpabio Allegedly Takes N800m From Senate Account For Birthday Celebration, While Senators Donate Over N150m, Demands Donation From MDAS Earlier yesterday Wednesday 6 of Dec, 2023 a X user identified as Jackson Ude took to his social media handle page as he shared report claims that the Senate President. Senators Akpabio took a huge amount of money from the lawmakers account and was also demands from another body. Ude tweet that Senate President Godswill Akpabio has raked in almost N150million from Senators donating towards his 61st Birthday Celebration scheduled for December 9, 2023 in Akwa Ibom State. He…

Dec

2023

Nasir El-Rufai Floats $100m Firm To Nurture Startups

Abuja, Business, News Flash

Rufai floats $100m firm to nurture startups The immediate past governor of Kaduna State, Nasir El-Rufai, on Monday, announced that his venture capital/private equity firm, Afri-Venture Capital Company Limited, will begin operations in 2024. According to a post on his X handle, El-Rufai said through the firm, he hopes to finance, nurture, and mentor Nigerian innovators and entrepreneurs to become the next Dangote Group shortly. He further stated that the plan was to launch a $100 million venture capital fund for startups in Nigeria, particularly those in the Kaduna tech ecosystem, adding that he would be working with private sector…

Dec

2023

New Minimum Wage Regime To Start April 1st, 2024 – Presidency

Abuja, Economy, News Flash, Presidency

💥BREAKING UPDATE ON THE NEW MINIMUM WAGE : ●A New Minimum Wage Regime Would Come Into Effect On April 1st 2024 As The Current N30k Minimum Wage Regime Ends. ●The Federal Government And Labour Unions Have The Next 4 Months (December, January , February And March) To Deliberate On A New Minimum Wage. ●The New Minimum Wage Would Be An Increased Amount That's Left For Fed Govt And Labour Unions To Decide. ●The Nigerian Senate Are Ready To Support A New Minimum Wage Bill. SPECIAL ADVERT PROMO FOR 2023 IGBA-OTOMU, IGBA-UCHE, IGBA-EKPE, IZU-UCHE, IGBOTONMA AND IZA-AFA This is a special…

Dec

2023

Wike Seeks Approval From National Assembly To Spend N61.6bn

Wike Seeks NASS Approval To Spend N61.6bn The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, on Wednesday sought approval of the National Assembly to spend N61.6 billion 2023 supplementary budget. Wile made the appeal when he appeared before the Senate and House of Representatives Committees on FCT at the National Assembly complex in Abuja. He said that the supplementary budget was to accommodate additional inflows comprising receipts from Paris Club Refund, Pay As You Earn (PAYE) Tax Liabilities, and Special Intervention Funds. Other sources are Internally Generated Revenue (IGR) and the Infrastructure Support Fund, leading to a…

Dec

2023

Officials Of FCTA Uncovers Illegal Oil Refining Warehouse In Mabushi, Abuja

Abuja, Crime, News Flash

FCTA Uncovers Illegal Oil Refining Warehouse In Abuja The officials of the Federal Capital Territory Administration (FCTA) have uncovered an illegal oil refining warehouse in Mabushi, Abuja. The Director, Department of Development Control, Mukhtar Galadima, told journalists on Thursday that the illegal refining site was uncovered during the continuation of the city cleaning exercise. Galadima disclosed that about three to four plots of land designated for commercial purposes have been converted to an area where oil and diesel are being adulterated and circulated to other parts of the city. He said that the city sanitation task force will look into…

Nov

2023

House Of Representatives Vow To Scrutinize 2024 Budget

House of Representatives vows to scrutinise 2024 budgetHouse of RepsThe House of Representatives has pledged a meticulous examination of the 2024 Appropriation Bill, as presented to the National Assembly by President Bola Tinubu. They expressed their commitment to scrutinizing the document similar to their previous scrutiny that revealed the inclusion of a N5 billion provision for a presidential yacht in the 2023 supplementary budget. Philip Agbese, the Deputy Spokesman of the House of Representatives, made this disclosure in response to President Tinubu’s appearance before a joint session of the National Assembly on Wednesday for the presentation of the 2024 budget.…

Nov

2023