The Kaduna State Government has adamantly refuted recent claims circulating across social media platforms and various news blogs regarding the acquisition of a new foreign loan amounting to $17.9 million. In a statement released by the State Commissioner of Finance, Shizzer Bada, the government vehemently denied the authenticity of these reports, labelling them as baseless…
The Federal Capital Territory Administration (FCTA) executed a substantial initiative yesterday, reclaiming more than 100 hectares of land in Gosa District from encroachers. This decisive action not only highlights the government’s unwavering dedication to combatting unlawful land acquisition but also signals a significant stride towards rectifying the persistent issue of illegal land grabbing in the…
The Minister of Aviation and Aerospace Development, Festus Keyamo, has announced the government’s proactive measures to support Nigerian airlines in overcoming challenges hindering their international operations.Minister Festus Keyamo emphasized the commitment of the government to assist domestic airlines in securing competitive long-term aircraft leases and reducing operational costs. These efforts are aimed at fostering a…
On Tuesday, 27th February 2024, President Bola Ahmed Tinubu, GCFR, announced the introduction of the Expatriate Employment Levy (EEL) to regulate the employment of expatriates in Nigeria. However, just weeks after its announcement, the Federal Ministry of Interior has decided to suspend the implementation of the levy, citing the need for further consultations with stakeholders….
President Tinubu has taken a significant step to implement Oronsaye report towards streamlining Nigeria’s governmental structure by establishing a committee tasked with executing mergers, eliminations, and relocations within a 12-week timeframe. The announcement was made by Tinubu’s Special Adviser on Policy Coordination, Mrs Hadiza Bala-Usman, indicating a proactive approach towards enhancing efficiency and reducing redundancy…
Minister of Finance: Government Initiatives for Economic Relief The federal government of Nigeria has announced plans to reintroduce direct cash transfers to 12 million Nigerians as part of its efforts to alleviate economic hardship. Wale Edun, the Minister of Finance and Coordinating Minister for the Economy, revealed this initiative during the Ministry’s retreat in Uyo,…
The Abuja Electricity Distribution Company (AEDC) has announced its intention to disconnect barracks and 84 government agencies over their accumulated debt of more than N47.1 billion. This decision, outlined in a notice of disconnection issued on Monday, underscores the severity of the financial strain faced by the distribution company due to unpaid bills. Among the…
Anticipation of Supply-Demand Imbalance The Chairman of the Cement Producers’ Association of Nigeria (CEPAN), Prince David Iweta, has highlighted the association’s proactive stance in anticipating the current imbalance between cement supply and demand in the country. In his recent statement, Prince Iweta reiterated that the association had previously alerted the Federal Government about the potential…
The N2.59 Trillion Tax Credit Scheme, Evaluating Criticisms and Government Response Introduced amidst the administration of President Muhammadu Buhari in 2021, the N2.59 trillion Tax Credit Scheme has sparked intense debate, notably drawing criticism from Zaccheus Adedeji, Chairman of the Federal Inland Revenue Service (FIRS). Adedeji’s dissent revolves around the perceived legal ambiguity of the…
Escalating Threats Against Federal Judges: A Troubling Trend Unveiled The latest findings from the U.S. Marshals Service illuminate a concerning trajectory: the frequency of severe threats directed at federal judges has surged, revealing a troubling escalation since the 2020 election. In just a span of two years, the numbers have more than doubled, skyrocketing from…
