The Socio-Economic Rights and Accountability Project on Sunday has accused state governors of mismanaging public funds, alleging that the governors and the minister of FCT, have not been forthcoming with declaring copies of loan agreements and spending details of the loans they obtained. SERAP expressed displeasure at the Kaduna State Governor, Uba Sani; the Minister…
National Association Proprietors of Private Schools (NAPPS) has decried that 5% tax imposed annually in the Federal Capital Territory (FCT) schools in January. The chairperson of the association, Mrs Rukayat Agboola in an interview with News Agency of Nigeria (NAN) on Saturday in Abuja explained that the tax create an additional burden on parents and…
Foreign airlines operating in Nigeria have begun to unblock their low-priced fares on Nigerian routes as the Central Bank of Nigeria completes the payment of about $7bn backlog, which includes over $700m unremitted ticket revenue. The CBN had about two weeks ago announced the completion of payment of $7bn legacy debt, which included FX forward…
King Charles and his wife, Queen Camilla, arrived by car for the hour-long late morning service at St George’s Chapel within the grounds of Windsor Castle, West of London. The 75-year-old, dressed in a suit and light blue tie, smiled and waved to crowds — who had queued up for hours for a glimpse of…
Determined to end economic hardship, the Federal Government (FG) has resolved the issues of National Identification Number (NIN) for nano business traders’ grant The Presidential Conditional Grant Scheme (PCGS) was introduced early March to empower nano business as part of the presidential palliative program This granted is targeted at the nano business traders, granting N50,000.00…
The Rice Farmers Association of Nigeria (RIFAN) urged the Federal Government (FG) to restart anchor Anchor Borrowers Program (ABP) to solve rice inflation. This was affirmed by Mrs Nnenna Ejim, the vice president RIFAN in Abuja on Saturday in an interview with the News Agency of Nigeria (NAN). Ejim explicitly stated that the current inflation…
There is an atmosphere of unease in Kaduna as the State governor, Uba Sani, says his administration is unable to pay workers’ salaries. Sani cited the huge debts inherited from the government of his predecessor, Nasir El-Rufai, as the reason the state is financially broke. But in a swift reaction, a son of El-Rufai fired…
… Under Nwike, FCT borrowed N6.75bn from domestic creditors In the first six months after taking office, 13 new state governors collectively borrowed N226.8bn from domestic and external financiers. Also, the FCT under the leadership of Nyesom Wike borrowed N6.75bn from domestic creditors. Findings have shown that 16 state governors also increased the debt profile…
The Nigerian Communications Commission has directed telecommunication companies to extend the disconnection of telephone lines not linked to National Identification Numbers from April 15, 2024, to July 31, 2024. This was gathered from reliable source within the telecommunication sector who disclosed this information to the media on Saturday. This decision communicated via a letter to…
The current high cost of food stuffs and commodities across Nigeria has left Christian families to celebrate this year’s Easter in a low key, Africa Health Report has gathered. For most Nigerian families, the 2024 Easter is looking bleak, because they cannot afford to celebrate the way they desired due to high cost of living…
