A curious development occurred in Nigeria’s presidency the other day when an important bill relating to the deficiency in the oil industry was signed into law in a foreign country. Called the Deep Offshore and Inland Basin Production Sharing Contract (DOIBPSC), the bill as amended was delivered to the State House, Abuja by the Clerk, […]
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Borrowing, debt-to-revenue ratio to worsen The Federal Government and the states of the federation missed their respective revenue targets gain for the month of October, widening the 2019 budget deficits. At N894.09 billion, the estimated federally-collected revenue (gross) in October 2019, fell below both the monthly budget estimate of N1.246 trillion. The shortfall represents 28.2 […]
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INEC National Commissioner/Chairman of Information and Voters Education, Mr. Festus Okoye (middle); Senator Dino Melaye (right) and Secretary to the commission, Mrs Rose Oriaran-Anthony (left) during the presentation of a petition on Kogi West election by Melaye in Abuja …yesterday. Photo: Lucy Ladidi Atekos Melaye petitions INEC as APC condemns post-election violence Report flays govt […]
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Issues ultimatum to 25 bodies to present fiscal details The Senate on Thursday accused anti-corruption agencies in the country of failing to audit their accounts in the last 20 years. It warned all agencies of government including those under the presidency that henceforth all funds allocated must be accounted for. The Senate Committee on Public […]
Continue ReadingDivergent arguments were raised on Wednesday at the Nigerian Senate’s plenary over the passage of bill to protect the social media from peddling fake news. The bill for an Act to make provisions for the Protection from Internet Falsehood and Manipulations Bill, 2019 sponsored by Senator Mohammed Sani Musa, representing Niger East Senatorial District was […]
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Omoyele Sowore in court on wednesday. Photo: Olatunji Obasa@PUNCH Amnesty International has declared #RevolutionNow protest convener, Omoyele Sowore, his compatriot, Olawale Bakare and a journalist, Agba Jalingo prisoners of conscience. It said the men have faced ongoing arbitrary detention and unfair trials solely for exercising their right to freedom of expression. The Media Manager of the […]
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Seeks reduction of nomination fees charged by political parties Grants party agents right to inspect original electoral materials before poll Efforts to get a new electoral legal framework for Nigeria ahead of the 2023 General Election received a major boost on Wednesday as the Electoral Act Amendment Bill passed Second Reading in the Senate. The […]
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Buhari laments non-implementation of sector’s plan Nigeria’s oil and gas sector is facing a dismal future as projects worth over $163 billion remain in limbo amid worsening investment drought. The development, which has already created a booming market for other smaller and emerging oil and gas countries in Africa might not only quash Nigeria’s leading […]
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Ondo State Sector Command of the Federal Road Safety Corps has disclosed that no fewer than 156 people died in road rashes which occurred in the state between January and October 2019. It said the crashes occurred at some places described as black spots across the 18 local government areas of the state. FRSC Sector […]
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Secretary to Oyo State Government, Olubamiwo Adeosun (left); Governor Seyi Makinde; his deputy, Rauf Olaniyan; Speaker, Oyo State House of Assembly, Debo Ogundoyin and others, during the commissioning and distribution of 100 patrol vehicles to security agencies in the state… Oon Monday. Governor Seyi Makinde of Oyo State Monday said there was no hiding place […]
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