The Asset Management Corporation of Nigeria (AMCON) is seeking the establishment of special tribunals to try those owing it N5.4 trillion. AMCON has approached the National…
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Nigeria’s President, Muhammadu Buhari on Monday met with the President of the Senate Ahmed Lawan and Speaker of the House of Representatives Femi Gbajabiamila over a…
Okugbawa was quoted to have said the order for members to down tools was issued in a letter, dated November 8, 2020, a copy of which was sent to the Central Working Committee of the association.
The Republic of Seychelles on Thursday began voting in the country’s presidential and National Assembly elections. The polls will last three days. Three men – Wavel…
President Muhammadu Buhari has increased the allocation for the National Assembly in the 2021 budget by N3 billion when compared to previous years.
The president allocated N128 billion – a rise on the N125 billion budgetary allocation in past years.
This was contained in the 2021 budget estimates presented to a joint session of the National Assembly on Thursday.
The total proposed expenditure is put at N13.08 trillion with a crude oil benchmark price of $40 per barrel and a daily oil production estimate of 1.86 million barrels (inclusive of condensates of 300,000 to 400,000 barrels per day). The Director-General of the Lagos Chamber of Commerce and Industry. Muda Yusuf explained the positives of the budget
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“Our projected oil revenue has declined by over 80 percent,” said Ben Akabueze, head of the Budget Office in a video conference in Abuja on Tuesday.