Senate asks FG to revoke N3.2bn Benue road contract

The Senate Committee on Works has asked the Federal Government to revoke the N3.2 billion contract for the reconstruction of Wannue-Yadev road in Benue, citing alleged incompetence by the handler. The 19-kilometre road contract, awarded in 2013, had a completion ...

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FG, states’ public debt stock climbs to N19.6trn – Report

Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, a document by the Debt Management Office (DMO) says. The document was obtained from the DMO website on Monday in ...

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Doctors continue strike as FG breaches agreement

If there was any hope that ongoing strike by the National Association of Resident Doctors (NARD) will be suspended, it has all been dashed on Friday as the federal government breached agreement reached with the doctors on Wednesday. Specifically, the ...

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ALLOCATION: FG, states, LGs share N467.8bn in August

Kemi Adeosun

Kemi Adeosun, Minister of Finance, said on Tuesday that the Federal Government, states and local governments shared N467.8 billion as allocation in August. This indicates a shortfall in revenue by N184.2 billion from N652 billion shared in July. Adeosun, who ...

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FG hands over presidential lodge in Marina to Lagos Government

Presidential Lodge Marina

The Federal Government of Nigeria, on Thursday handed over the Presidential Lodge in Marina to the Lagos State Government in fulfillment of the promise of President Muhammadu Buhari to entrust the edifice to the State for tourism development. In a ...

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Presidency withdraws nomination of corrupt ICPC board members

Laolu Akande, spokesman of Acting President Yemi Osinbajo, said the federal government has removed Maimuna Aliyu and Sa’ad Alanamu from the board of the Independent Corrupt Practices and other offences Commission (ICPC). ICIR, an investigative website, had exposed the alleged ...

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ALLOCATION: FG, states, LGs share N652 billion in June

A total of N652.229 billion has been distributed as federal allocation for the month of June 2017 to the federal government, state governments and local government councils. The communiqué issued by the sub-committee of the Federation Accounts Allocation Committee, FAAC, ...

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FULL DETAILS: What each state got as FG releases another tranche of Paris Club refund

Governors Forum

A statement from the ministry of finance revealed that a second tranche of Paris Club refund has been given to states by the federal government. In the breakdown given, it was said that the payments, which totalled N243,795,465,195.20 were made ...

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AGF: FG will publish the names of suspected looters, but…

The federal government has promised to make public the list of suspected treasury looters. Abubakar Malami, attorney-general of the federation (AGF), made the promise while speaking with state house correspondents on Wednesday. But he said that would only happen after the ...

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FG releases N54b outstanding pension liabilities

The Federal Government has released N54 billion for the settlement of inherited and current liabilities to retirees on the platform of the Contributory Pension Scheme. The presidential spokesman, Malam Garba Shehu, disclosed this when he featured on an interactive radio ...

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