The Federation Accounts Allocation Committee (FAAC) has disbursed N574.668 billion revenue to the federal, states and local government Councils for the month of January 2022. This was contained in a communiqué issued at the end of a virtual meeting of the Federation Account Allocation Committee (FAAC) for February 2022. According to Henshaw Ogubike, Director Information, Press and Public Relations, OAGF, the N574.668 billion total distributable revenue comprised distributable statutory revenue of N291.400 billion; distributable Value Added Tax (VAT) revenue of N178.066 billion and Exchange Gain of N5.202 billion and Non Mineral Revenue of N100.000 billion. In January 2022, the total…
Author: Newsdesk
By Babagana Wakil, Maiduguri Nigeria’s vice president, professor Yemi Osinbajo on Thursday, commissioned projects in Borno state. The Nigeria AirForce 002, which conveyed the VP landed at the Maiduguri International Airport where the state governor, Babagana Zulum alongside Senator Kashim Shetima and members of the state Assembly, received him. The vice president commissioned six out of the 500 projects constructed by the administration in his second year in office. The projects include Doctors Quarters with 71 Apartments beside Legacy Garden and Resilience Shopping Complex with 78 shop located at Bulumkutu GSM market. The VP also inspected Yemi Osibanjo Orphanage where…
The World Health Organization (WHO) has released US$3.5 million from its Contingency Fund for Emergencies (CFE) to purchase and deliver urgent medical supplies for use on the people of Ukraine amidst the escalating crisis. The Director General of the organisation, Dr Tedros Adhanom Ghebreyesus said health system must continue to function to deliver essential care to people for all health issues, from COVID-19 to cancer, diabetes and tuberculosis, to mental health issues, especially for vulnerable groups such as older persons and migrants. Maximum care must be taken by all parties to ensure that health facilities, workers, patients, transport, and supplies…
The Nigerian Communications Commission, NCC, has announced that the provisional winners of the 3.5 Gigahertz (GHz) spectrum licence, MTN Communications Nigeria Plc and Mafab Communications Limited have made their full payment of $273.6 million each for the 5G Spectrum license. The Executive Vice Chairman of the commission, Prof. Umar Danbatta officially confirmed the payment status on Thursday. As part of the auction process emplaced by the Commission in the Information Memorandum (IM), three companies, namely MTN Nigeria, Mafab Communications Ltd and Airtel Networks Ltd submitted bids with an initial bid deposit (IBD) of $19.74 million, representing 10 per cent of…
Speakers at the Benue State edition of the Maitama Sule Leadership Lecture Series organized by the Students Wing of the Coalition of Northern Groups, CNG, have faulted the operations of political parties in Nigeria, lamenting that corrupt bosses of political machines at every level had dominated its structures. The keynote speaker, Abdul-Azeez Suleiman noted that the men who manipulate the nation’s political parties for their dubious political agenda are people who have previously won elective offices, or controlled a group of office-holders who award jobs, public contracts, and other material benefits to their cronies. Suleiman, who is also the spokesperson…
Russian President Vladimir Putin announced a military operation in Ukraine on Thursday with explosions heard soon after across the country and its foreign minister warning a “full-scale invasion” was underway. Weeks of intense diplomacy and the imposition of Western sanctions on Russia failed to deter Putin, who had massed between 150,000 and 200,000 troops along the borders of Ukraine. “I have made the decision of a military operation,” Putin said in a surprise television announcement that triggered immediate condemnation from US President Joe Biden and sent global financial markets into turmoil. Shortly after the announcement, explosions were heard in Ukraine’s…
The federal government says it will consider patronising Eco Green Buses which have been proven to have 95 per cent reduction in carbon dioxide emissions to curtail greenhouse gasses. The Minister of State for Transportation, Sen. Gbemisola Saraki, said this when the Executive Officer of Eco 360 Group, Johann Reiger, presented an array of Eco friendly buses to her in Abuja. Saraki said the federal government would soon role out a long term durable solution to best tackle road transportation challenges in Nigeria. The minister of state for transportation said this was necessary since more than 90 per cent of…
Ukraine military says it has shot down five fighter jets and a helicopter belonging to Russia. This follows an earlier attack on Ukraine based on the order of President Valdimir Putin of Russia. A Defence spokesman of Ukraine said hundreds of Russian troops are likely to have been killed in the incident.
A Federal High Court, Abuja, on Thursday, fixed February 28 for hearing a bail application filed by suspended Deputy Commissioner of Police (DCP) Abba Kyari. Justice Inyang Ekwo adjourned the matter after counsel to the National Drug Law Enforcement Agency (NDLEA), Joseph Sunday, Director of Legal Services in the agency, prayed the court for more time to respond to Kyari’s bail application. Sunday came into the court shortly before the matter was called for the second time after it was stood down. Justice Ekwo, who advised the NDLEA to put its house in order, adjourned the matter until Feb. 28…
Nigeria’s Senate on Wednesday called on the federal government to declare known leaders of terrorists wanted. The Upper Chamber made this call through a motion presented by Senator Bala Nallah, who raised an alarm over the kidnappings, banditry and related security challenges in Kebbi state. The motion was entitled; “Urgent need to surmount all kinds of kidnappings, banditry and related security challenges in Wasagu-Danko, Sakaba, and Yauri local government areas (LGAs) of Kebbi”. Presenting the motion, the lawmaker noted with concern that bandits are moving in hundreds from village to village, house to house in search of cattle to rustle…