FGN - Abia ThinkTank News

Dec

2023

FG, States, LG Share N1.088 Trillion November Allocation

FG, States, LGs share N1.088 Trillion November Allocation The Federation Account Allocation Committee has shared the sum of N1.088 trillion to the Federal Government, States and Local Government Councils. A communique issued at the end of the FAAC, in Abuja, on Friday, indicated that the allocation came from November 2023 Federation Account revenue. The N1.088 trillion distributable revenue comprised a distributable statutory revenue of N376.306 billion, distributable Value Added Tax revenue of N335.656 billion, Electronic Money Transfer Levy revenue of N11.952 billion and Exchange Difference revenue of N364.869 billion. According to the communique, a total revenue of N1.620 trillion was…

Dec

2023

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By Abia ThinkTank

Tinubu Sacks Six Heads Of Government Agencies, Announces Replacements

FGN, News Flash, Presidency

Tinubu Sacks Six Heads Of Govt Agencies, Announces Replacements President Bola Tinubu has approved the suspension, removal, and replacement of six Chief Executive Officers under the Federal Ministry of Aviation and Aerospace Development. This was contained in a statement by presidential media aide, Ajuri Ngelale, on Wednesday, December 13. According to the statement, the Managing Director of the Federal Airports Authority of Nigeria (FAAN), Kabir Yusuf Mohammed has been removed from office and replaced with Olubunmi Oluwaseun Kuku. The Managing Director of the Nigerian Airspace Management Agency (NAMA), Tayib Adetunji Odunowo was also removed from office and replaced with Engr.…

Dec

2023

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By Abia ThinkTank

FEC Exempts Universities, Polytechnics, Colleges Of Education From IPPIS; Victory For ASUU

Education, FGN, News Flash

Victory For ASUU As FEC Exempts Universities, Polytechnics, Colleges Of Education From IPPIS The Federal Executive Council (FEC) has exempted universities, polytechnics, colleges of education and other tertiary institutions from the Integrated Personnel Payroll Information System (IPPIS) payment platform. The Minister of Education, Professor Tahir Maman, disclosed this after the federal cabinet meeting presided over by President Bola Ahmed Tinubu at the Council Chambers of the Presidential Villa, Abuja. He also said the heads of these institutions got relief to embark on recruitment exercise without recourse to the Head of Service of the Federation. The minister said the president had…

Dec

2023

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By Abia ThinkTank

Labour Angry As FG Stops N35,000 Award Payments

Economy, FGN, Labour, News Flash

Labour Fumes As FG Stops N35,000 Award Payments The organised Labour and the Federal Government are on a collision course over the government’s failure to sustain the payment of N35,000 wage award to workers. Workers in the Federal Civil Service, in separate interviews with our correspondent on Monday, noted that the Federal Government only paid N35,000 wage award for September. Following the removal of the fuel subsidy by President Bola Tinubu on his assumption of office, the Federal Government agreed to pay N35,000 to each of its workers to reduce the hardship caused by the subsidy removal. The government, in…

Dec

2023

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By Abia ThinkTank

EFCC Presents N76.586 Billion Budget Proposal To House Of Reps

Economy, Crime, FGN, News Flash

EFCC Presents N76.586 Billion Budget Proposal To House Of Reps The Economic and Financial Crimes Commission, EFCC, on Tuesday, December 5, 2023, presented a budget of N76.586 billion (Seventy Six Billion, Five Hundred and Eighty Six Million Naira) as its budget proposal for 2024 to the House of Representatives’ Committee on Financial Crimes. The proposed budget represents a 53.48% increase over and above the Commission’s 2023 appropriation of N49.901billion (Forty Nine Billion, Nine Hundred and One Million Naira). In the budget estimate, a total sum of N37.074 billion (Thirty Seven Billion, Seventy Four Million Naira) was proposed as personnel cost,…

Dec

2023

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By Abia ThinkTank

Nigeria Army Chief, Lagbaja, Accepts Military Error In Kaduna Attack

FGN, Mishap, News Flash, Northern Nigeria

Army Chief, Taoreed Lagbaja, Opens Up On Military Error In Kaduna Attack The Chief of Staff of the Nigerian Army, Taoreed Lagbaja, has apologised for a drone strike that mistakenly killed no fewer than 88 worshippers in Tudun Biri, Kaduna state. Lagbaja made the apology during a visit to the affected community on Tuesday. He said the military has launched a thorough inquiry into the incident to ascertain and identify areas of deficiency that led to the incident. According to Lagbaja, the army’s unmanned aerial vehicle (UAV) detachment observed the movement of terrorists at Ligarma, an area notorious for being…

Dec

2023

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By Abia ThinkTank

Nigerian Billionaire’s Company Hands Over N336bn Bridge To Federal Government After Completion Tuesday, December 05, 2023

FGN, News Flash, Works

Nigerian Billionaire's Company Hands Over N336bn Bridge to Nigerian Government After Completion Tuesday, December 05, 2023 The federal government has received the Second Niger Bridge valued at N336 billion from Julius Berger. The project is a 1.6-kilometre bridge that runs from Anambra state through to Delta state Filling stations, restaurants, supper markets, and other facilities are expected to follow the project. The Second Niger Bridge, valued at N336 billion, has been officially handed over to the Federal Government. The project was delivered by renowned construction company Julius Berger, which Nigerian billionaire Mike Adenuga partially owns. Nigeria's minister of Works highlighted…

Dec

2023

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By Abia ThinkTank

COP28: FGN Caters To ‘Tiny Portion’ Of Delegates, Tinubu Slams Critics, Denies Wasteful Spending On Entourage

FGN, Foreign Affairs, News Flash

COP28: FG Caters To ‘Tiny Portion’ Of Delegates, Tinubu Slams Critics, Denies Wasteful Spending On Entourage The President Bola Tinubu administration on Sunday denied sponsoring over 1,000 delegates to participate at the Conference of the Party (COP28) climate change summit in the United Arab Emirates (UAE). The federal government added that it only sponsored a ‘tiny portion’ of delegates to the event. Some critics on social media criticised the federal government’s alleged wasteful spending after several reports emerged showing the delegates list by visiting countries. The delegates that graced this year’s summit in Dubai is arguably one of the largest…

Dec

2023

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By Abia ThinkTank

I Look Forward To Working With You – Tinubu’s Aide On Students’ Engagement Congratulates NANS President, Senate President-Elect(Seyi Tinubu Faction)

Education, FGN, News Flash, Politics

I Look Forward To Working With You – Tinubu’s Aide On Students’ Engagement Congratulates NANS President, Senate President-Elect(Seyi Tinubu Faction) Comrade Asefon Sunday, the senior special adviser to President Bola Tinubu on Students engagements has congratulated the new leadership of National Association of Nigerian Students, NANS. Asefon, via his ‘X’ handle said the victory of Comr. Emonefe Lucky as NANS President is remarkable achievement, reflects the trust and confidence that Nigerian students have placed in him. He furthered that his office is ready to work effectively with the students leaders to address challenges that is facing Nigerian students. See the…

Dec

2023

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By Abia ThinkTank

President Tinubu Travelled With Over 1400 Delegates On Multi Billion-Naira Junket To Dubai COP-28 Conference

Economy, FGN, News Flash, Presidency

President Tinubu takes over 1,400 delegates on multibillion-naira junket to Dubai COP-28 conference Barely a year after condemning the proposed emission cut to Nigeria and other African countries, President Bola Tinubu this week travelled to the United Arab Emirates for a climate summit with over 1,400 delegates from Nigeria. According to the United Nations, this year’s Conference of the Parties will be held from November 30 to December 12 in Dubai, United Arab Emirates. The body released a list of participants from Nigeria who would be taking part in the event, which ranged from people in the president’s office to…