The Quarterly Review of the Nigeria Extractive Industries Transparency Initiative has revealed the federal, state and local governments shared N2.788tn between January and June this year, representing a 38 per cent increase over the N2.019tn shared in the first half of 2016. According to the review which focused on disbursements from the Federation Accounts and
TCN Secures $2bn To Expand Capacity To 20,000MWThe Transmission Company of Nigeria (TCN) has secured close to $2billion for the rehabilitation of national grid infrastructure and expansion of its transmission capacities up to 20,000 megawatts target within the next three years. Before now, some of the transmission facilities are outdated, or inadequate and too weak
The umbrella body of Ijaw youths, the Ijaw Youth Council Worldwide, has insisted that Nigeria’s unity is negotiable. President Buhari had said in a nationwide broadcast on Monday morning that Nigeria’s unity was not negotiable, warning agitators to desist from such quest. But the President, IYC, Eric Omare, insisted on Monday that the unity and
The Federal Government has extended its whistleblowing policy in the fight against human trafficking. The Federal Government’s action was sequel to a request by the Director-General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Julie Okah-Donli to extend policy to issues of human trafficking. This, she had explained, was to encourage
The federal government and 36 states of the federation including the Federal Capital Territory (FCT) have so far received the sum of N2.56 trillion in the first half of 2017 from the Federation Account Allocation Committee (FAAC) as monthly allocations, investigation by Economic Confidential magazine has revealed. A press statement issued yesterday in Abuja by
The Academic Staff Union of Universities (ASUU) will meet today, to deliberate on the offers made by the Federal Government last Thursday in Abuja. At the meeting, the members would decide whether or not to accept the offers made. The union would also take a position on the ongoing strike, which had paralysed academic activities
The persistent flooding being witnessed in many parts of Ray-field community in Jos has prompted residents in the high-brow area to cry out over the danger posed by flood menace whenever it rains. Following the development, it was observed that several houses have been abandoned by their owners raising fears of being turned into hiding
After more than three months in London on a medical vacation, President Muhammadu Buhari returned to the country on Saturday and this morning he addressed the nation. In his speech, the President spoke about Nigeria’s unity, agitations, and the war on Boko Haram, among other things.