Presidential candidate of the Peoples Democratic Party (PDP), Atiku Abubakar, has appointed Dr Nath Yaduma as his Special Assistant, Liaison. Abubakar, in a statement by his Media Adviser, Paul Ibe, on Wednesday in Abuja, said the appointment takes immediate effect. Yaduma, who hails from Adamawa State, until his recent appointment, has been a long standing aide of Atiku. He has also served in various capacities, including Special Adviser on Special Duties in the Obasanjo administration. He is a graduate of the Institute of Insurance, Kent, London, and City College, New York.
Author: TheStories
The Federation Account Allocation Committee (FAAC) has shared N736.782 billion to the three tiers of government as Federation Allocation for the month of October. This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of Finance, Budget and National Planning on Wednesday. The N736.782 billion is inclusive of Gross Statutory Revenue, Value Added Tax (VAT), Exchange Gain and augmentation from non-oil revenue. The Federal Government received N293.955 billion, the states received N239.512 billion, and the LGCs got N177.086 billion. Meanwhile, the oil producing states received N26.228 billion as derivation (13 per cent of mineral revenue). The…
President Muhammadu Buhari has inaugurated the new Naira banknotes, expressing delight that the redesigned currencies were locally produced by the Nigerian Security Printing and Minting (NSPM) Plc. Speaking at the inauguration of the new banknotes which preceded the Federal Executive Council (FEC) meeting on Wednesday in Abuja, Buhari explained in detail the basis for his approval to the Central Bank of Nigeria (CBN) to redesign the ₦200, ₦500 and ₦1000 banknotes. According to the president, the new Naira banknotes have been fortified with security features that make them difficult to counterfeit. He added that the new banknotes would help CBN to…
The Senate has endorsed the N48 billion oil pipeline surveillance contracts by the Federal Government to Mr Government Ekpemupolo, alias Tompolo, a former Niger Delta militant leader. Sen. Albert Akpan, the Chairman, Senate Committee on Petroleum (Upstream) said this on Tuesday in Abuja, when he spoke with newsmen shortly after presenting the report of Senate ad hoc committee on oil lifting, theft and the impact on petroleum production and oil revenues. Bassey said there was nothing wrong engaging non-state actors, to secure oil pipelines in as much as the contract was yielding desired results. He said oil theft has reduced…
The Federal Government, through the Ministry of Humanitarian Affairs, Disaster Management and Social Development, has commenced the disbursement of N20,000 cash grants to 3,415 vulnerable groups (GVG) in Kogi state. The Minister, Sadiya Farouq, who inaugurated the disbursement on Tuesday in Lokoja, said other beneficiaries under the National Social Investment Programmes (NSIP) would also get their various packages. She said the programmes include: Government Enterprise and Empowerment Program (GEEP 2.0), Digitised Conditional Cash Transfer (CCT), NPower and Home Grown School Feeding Program (HGSFP). She said the NSIP remained a project that is consistent with the deliberate National agenda of President…
When the House of Representatives suspended plenary on October12 to allow various committees to attend to Ministries Department and Agencies (MDAs) in defence of their 2023 budget proposal not a few lawmakers were excited about the exercise. President Muhammadu Buhari had on October 7 before the joint session of the national assembly presented N20.51 trillion 2023 appropriation. Some committee chairmen saw the yearly budget defence appearance by MDAs as an annual ritual when each segment of the budget already has funds allocated to it under envelop budgeting system. According to experts envelop budgeting entails assigning every spending category in a…
Nigerian government Enterprise and Empowerment Programme (GEEP 2.0) has begun the disbursement of soft loan to 3,166 vulnerable and low-income groups that are engaged in some commercial activities in Niger. Sadiya Farouq, Minister of Humanitarian Affairs, Disaster Management and Social Development, announced this during the inauguration of the National Social Investment Programmes (N-SIP) in Minna on Tuesday. Among the programmes inaugurated were the federal government grant to vulnerable groups, GEEP 2.0 Roll-Out, digitalised payment for Conditional Cash Transfer, Height and Weight Measurement Kits, launching of nationwide sensitisation of home-grown school feeding and inspection of farm to kitchen center. Farouq said…
President Muhammadu Buhari says his administration has attracted over US$3 billion investment in the Oil and Gas Sector at a time of near-zero appetite for investment in fossil energy. Mr Femi Adesina, the President’s spokesman, in a statement, said Buhari stated this at the inauguration of the Kolmani Integrated Development Project on Tuesday in Bauchi. The company is a fully integrated in-situ development project comprising upstream production, oil refining, power generation and fertilizer. Buhari said: “Considering the land locked location and the huge capital requirement, the economics of the project is a challenging proposition. “Consequently, from the outset, I instructed NNPC…
Dr Mutiu Agboke, Resident Electoral Commissioner (REC), for Independent National Electoral Commission (INEC) in Osun, says the commission is no longer in possession of Sen. Ademola Adeleke’s Form CF 001 used in the 2018 governorship election. The tribunal had earlier granted subpoena application to the petitioners, compelling the REC to produce Adeleke’s Form CF 001. Form CF 001 is the nomination form and all its attachments, including the certificates used in the 2018 election. Gov. Adegboyega Oyetola and APC had on August 5 submitted a petition before the tribunal in Osogbo. Oyetola and APC are challenging the election results from 749 polling units…
By Abdallah el-Kurebe The UN Environment Programme (UNEP) on Tuesday, announced its 2022 Champions of the Earth, honouring a conservationist, an enterprise, an economist, a women’s rights activist, and a wildlife biologist for their transformative action to prevent, halt and reverse ecosystem degradation. Since its inception in 2005, the annual Champions of the Earth award has been awarded to trailblazers at the forefront of efforts to protect our natural world. It is the UN’s highest environmental honour. To date, the award has recognized 111 laureates: 26 world leaders, 69 individuals and 16 organizations. This year a record 2,200 nominations from around…