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Monthly Archives: December 2015

Revival of Rivers State on course – Gov Wike

Rivers State Governor, Nyesom  Wike  has declared that the revival of the state is on course, in view of  his administration’s  determined  and sustained intervention in infrastructural  development. Addressing residents of  Borikiri  suburb of Port Harcourt, Tuesday, during his regular  project  inspection,  Governor Wike said that his administration’s  interventions  are …

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Ambode canvasses attitudinal change among Lagosians; to host annual Town Hall Meeting on Security, Dec 15

Lagos State Governor, Mr. Akinwunmi Ambode on Tuesday canvassed the need for Lagosians to embrace attitudinal change and shun all forms of unethical activities in the interest of socio-economic wellbeing of the State. Governor Ambode, who spoke at the Iyalode of Lagos Forum/Health Screening with the theme: “Improving the Ethical …

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DMO to assist South Sudan in debt management; as Nwankwo explains Edo State’s World Bank loan saga

Director-General, Debt Management Officer (DMO), Dr Abraham Nwankwo, has assured that the Office will assist South Sudan in managing its huge debt profile and develop its bonds market. This is just as the DMO boss explained the reasons for turning down the Edo State government’s loan request. Nwankwo, speaking, Tuesday, …

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Senate passes N574bn supplementary budget

The Senate, Tuesday, passed N574 billion Supplementary Appropriation Bill, approving N521 billion for the payment of subsidy claims. The approval followed the consideration of the report of the Committee on Appropriation which recommended that the senate should pass the budget. The approved budget was increased by N108 billion from N465 …

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$2.1bn arms purchase: EFCC arrests Dokpesi; as DSS moves Dasuki to headquarters; PDP condemns Dokpesi’s arrest

The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of the Chairman of DAAR Communications and chieftain of the Peoples Democratic Party (PDP) over his alleged involvement in the arms procurement scandal rocking defence circles in the country. Speaking to Global Patriot Newspapers, Tuesday, Mr. Wilson Uwujaren, Head, …

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Access Concert 2015 presents Don Jazzy, Tiwa Savage, others for N499 with ‘PayWithCapture’

Nigeria’s leading innovative contactless payment solution, PayWithCapture, brings you the debut Mavin Concert. The Access Mavin Concert would be the 2nd edition in the Access Concert series and the very first concert by the Mavin record label since it was founded in 2012. Happening in Lagos, on Wednesday, December 23, …

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Revenues for sharing rise to N473.83bn

Nigeria’s distributable revenues to the three tiers of government rose in October to N473.83 billion, about 21.5 per cent improvement on September’s revenue, boosted by higher non-oil earnings, according to the Minister of Finance, Mrs Kemi Adeosun. She stated that non-oil revenue recorded a significant improvement in the month, adding …

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Petrol subsidy claims rise to N521bn from N413bn

The controversial fuel subsidy claims as contained in the 2015 Supplementary Budget presented to the National Assembly by President Muhammadu Buhari has risen from N413 billion to N521 billion. The original N413 billion subsidy claim included N120.552billion outstanding claims from 2014 and N292.8 billion to cover claims from January to …

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