Financial consultant, Mr. Tilewa Adebajo, has criticised the Senate for secretly approving former President Muhammadu Buhari’s request to securitise Nigeria’s Ways and Means advances. Adebajo pointed out that this action essentially transforms Nigeria’s substantial Ways and Means indebtedness into further loans in the form of bonds and other securities. He explained, “Securitisation means the government Read More…
The College of Serving and Former Federal Lawmakers, operating as ‘The Initiatives,’ has lauded the inaugural strides of the 10th Senate, asserting that this upper chamber is far from being a mere rubber-stamp legislature. Contrary to apprehensions that the Senate, led by Godswill Akpabio, might serve as a mere extension of the executive branch, the Read More…
Mr. Olatokunbo Folayan, the district commander of the Vigilance Group of Nigeria (VGN), has asked people of Ikorodu and other areas of Lagos to practise security awareness before, during, and after the holiday season. Folayan made this disclosure in an interview with pressmen on Tuesday in Ikorodu. According to him, VGN would work with other Read More…
In the interest of Nigerians, the National Assembly has encouraged the remaining 25 State Houses of Assembly to pass the legislation amending the Constitution. This was said at a news conference held on Tuesday in Abuja by Sen. Ovie Omo-Agege, Chairman of the National Assembly Joint Committee on Constitution Review and Deputy Senate. Omo-Agege stated Read More…
President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The president, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of NASS at about 11.03p.m. He explained that the total aggregate revenue projected for the 2021 Read More…
The Federal Executive Council (FEC) on Wednesday in Abuja approved budgetary proposal of N13.08trillion for 2021 fiscal year. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, made this known when she briefed State House correspondents on the outcome of the Council meeting. She explained that the total aggregate revenue projected for the Read More…