Wasting assets: Experts doubt FG’s capacity to fund N20.51tr budget

Federal Secretariat Lagos, abandoned, wasting FEC approves team to sell, re-order abandoned property Govt’s proposed asset sales is media propaganda, say officials FG yet to engage advisors Programme will not appeal to foreign investors, says Chioke Legal constraints could stall process – lawyer Buhari’s asset liquidation performance is 0.65% Only N5.92 billion realised from privatisation […]

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Why Afenifere endorses Peter Obi as presidential candidate – Ebiseeni

By Banji Ayoola The pan Yoruba socio-cultural and political group, Afenifere, has cleared the controversies surrounding the Sunday October 30 visit of the presidential candidate of the ruling All Progressives Congress, APC, Asiwaju Bola Tinubu to the Akure, Ondo State home of its immediate former leader, who also doubled as the ex-leader of the core […]

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Akure meeting not Afenifere meeting, we remain one – Ebiseni

Sola Ebiseni, the Secretary General of Yoruba socio-political organisation Afenifere, claimed in an interview with Arise TV, which was monitored by Segun Adewole, that Afenifere remains one despite its most recent troubles Akure meeting not an Afenifere meeting The meeting in Akure was not an Afenifere meeting, but it was a blessing to both Afenifere […]

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FG decongests prisons, frees 12,000 inmates

The Prison Decongestion programme of the Ministry of Justice has resulted in the release of 12,000 inmates across correctional centres in the country since 2016. Secretary of the Prison Decongestion Committee of the ministry, Mrs Patricia Ayoola Daniels made this known in Abuja on Tuesday at the 2023 budget defence of the ministry. The budget […]

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Food union employers to relocate factories over outrageous excise duty, taxation

Employers of labour in the food and beverage sector have concluded plans to leave Nigeria and relocate their factories to neighbouring West African countries over alleged outrageous excise duty on carbonated drinks and multiple taxation by the Federal Government. The employers, who called on the Federal Government to take urgent action to save the business […]

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Nigeria spending $550m World Bank, AfDB loan on renewable electricity

Photo: Aera Group Deploys 995,396 solar home systems through 67 mini-grids The Federal Government, yesterday, in Abuja, said $550 million loan borrowed from World Bank and African Development Bank (AfDB) is currently being spent to electrify rural communities across Nigeria. The fund, targeting unserved and underserved communities, comes under the Nigeria Electrification projects (NEP) and […]

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Eko bridge closure worsens commuters hardship, forces vehicles off roads, hikes transport fares

Commuters trekking to their destinations. Photo: Cleopatra Eki LASTMA pledges free flow of traffic around Apongbon Lagos residents and traders have lamented the closure of Eko (Apongbon) bridge, saying it is impeding free flow of traffic and subjecting them to untold hardship due to their inability to access places of work and shops freely. The […]

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Despite Buhari’s assurances, insecurity threatens 2023 polls

Photo: Philip Ojisua Lawmakers remain mum, continue with recess despite heightening insecurity INEC: Elections may not hold in 242 polling units with 142,261 registered voters in 10 Katsina LGAs Security indices not promising free, fair polls, say experts Uba: Terrorists cannot scuttle elections Engage ex-servicemen, retired military officers tell FG Despite assurances from President Muhammadu […]

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