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According to Okonjo-Iweala, the Finance Ministry of Finance made the N161.6 billion supplementary budget for subsidy payments, which had been approved by the National Assembly, available to the Central Bank of Nigeria since December 31, 2012

Aganga said during a meeting with stakeholders in the cement industry that a new cement policy would be unveiled soon

But Sylva has denied Dickson’s position that he left just N4,451 in the state’s coffers

Speaking at a five-day retreat for newly recruited staff of Harmony Holdings Limited, Ahmed said that government’s collaboration with the private sector in the running of its business enterprises is to ensure that such companies boost the Internally Generated Revenue of the state and shift emphasis from dependency on federal allocation

The accused persons were said to have collected over N1 billion from different individuals and organizations as deposits in an illegal banking practice

The management of the state revenue board had called on the Central Bank of Nigeria to immediately wade into the matter as it suspected foul play in the banking transactions between the two commercial banks that might be feigning disagreement over the “missing” N1 billion

Speaking against the backdrop of perceived call by the gubernatorial candidate of the Action Congress of Nigeria in the last general election in the state, Dele Belgore, SAN, for the government to reduce its workforce, Ahmed said it is politically and morally obtuse to contemplate retrenchment in a state largely populated by civil servants

But the Captain of the vessel, Rauf Rasak, said they were coerced into the illegal bunkering

The party, in a statement on Tuesday by its Zonal Publicity Secretary, Hon. Kayode Babade, said the provisions of Section 121 (1) of the constitution is very clear on when a governor can legally present budget proposals to the state House of Assembly

The Ogun State Governor, Senator Ibikunle Amosun, on Monday signed into law the 2013 Appropriation Bill. Amosun signed the Bill…

Several marketers, especially in Lagos and Abuja, have been discovered to be hoarding fuel in anticipation of a price increase on January 1, 2013

Prior to this elevation, Onubogu had been the Marketing Director of the company since February 2012

The coaches gave the commendation at the Main bowl of the National Stadium, Surulere, Lagos on Sunday at the just concluded eight-day training programme for Cowbell Football Academy, CFA coaches and footballers among others

But the passengers got the shocker of their lives when staff of the company allegedly failed to provide buses after collecting the fares of over N7,050 in some cases

The allocation represents an increase of N160,914,908.96 or 7.3 per cent over the N2,211,467,188.86 paid in October 2012 to the six Area Councils – Abaji, Abuja Municipal, Bwari, Gwagwalada, Kuje and Kwali

The appointment was announced by the Coordinating Minister of the Economy and Minister of Finance, Dr. Ngozi Okonjo-Iweala, in a statement by her Special Adviser, Paul Nwabuikwu

With the deployment, Airtel becomes the first mobile operator in Nigeria to launch HD Voice service in the country

The Federal Government has rated the Export Expansion Grant scheme as a great success as it has helped manufacturers and…

Dada explained that in line with the 2nd Executive Order of July, 2002, the sharing of the Derivation Fund to beneficiary states will be based on the 13 per cent Derivation Indices, using 2010-2011 Solid Minerals Revenue Contribution by the 36 States and the FCT

Elumelu was honoured at the inaugural event as one of the continent’s most successful entrepreneurs, with a track record of value creation across key sectors that are transforming the African private sector.