News

The House of Representatives may have finalised arrangements to order the reinstatement of 43 employees whose appointments were suspended by the National Pension Commission (PENCOM). The House, Ad-hoc Committee, led by Emmanuel Agbonayinma investigating alleged disappearance of N33 billion pensions’ ...

Managing Director and Chief Executive Officer of Development Bank of Nigeria (DBN), Tony Okpanchi, yesterday told the World Bank that DBN disbursed N31 billion to 35,000 beneficiaries in the last two years. He said the facilities were given to the ...

A former governor of Ekiti State, Ayodele Fayose, has urged Chief Judge of the Federal High Court, Justice Abdul Kafarati, to dismiss Economic and Financial Crimes Commission (EFCC)’s petition seeking to transfer his trial before Justice Mojisola Olatoregun to another ...

Staff members of the Moshood Abiola Polytechnic (MAPOLY), Abeokuta, Ogun State yesterday alleged that Governor Ibikunle Amosun has perfected plans to clamp down on their unions leaders. The three labour unions in the institution in a statement yesterday in Abeokuta, ...

Governor Rochas Okorocha of Imo State has urged the People’s Democratic Party (PDP) and governor-elect, Emeka Ihedioha, to stop creating unnecessary tension in the state. He made the call in a statement issued yesterday by his Chief Press Secretary, Sam ...

The House of Representatives yesterday passed the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) from 2019 to 2021. The House during plenary presided by Speaker, Yakubu Dogara, endorsed a benchmark of 2.3m barrels of crude oil production ...

Rising insecurity in Nigeria was the subject matter of serious and debate at plenary yesterday. Consequently, Senate moved for special consideration in Zamfara State and to set aside N10 billion in the 2019 budget as intervention fund for tackling insecurity ...

After a thorough review of the 17 bills so far rejected by President Muhammadu Buhari, the Senate yesterday resolved to override his veto on two critical bills. In a unanimous adoption of a report submitted by its Technical Committee on ...

The Federal Government has upgraded the existing 2×40 Mega Volt Ampere (MVA) in Bayelsa Transmission Substation with the installation of a 90MVA capacity transformer to boost electricity supply in the state. The project, situated in Gbarantoru area, was sanctioned in ...

The Federal Government has begun moves to end granting of cabotage waivers nationwide. To this end, a five-year plan was yesterday launched in Lagos to see to its successful execution and establishment of a new regime that makes indigenous operators ...