Our debt management strategy would mitigate debt service risk – Adeosun

The Minister of Finance, Kemi Adeosun, has expressed confidence that the Federal Government’s revenue and debt management strategy would mitigate the country’s debt service risk and fast-track her development. The Minister, who welcomed the advice of Nigeria’s international development partners, including the International Monetary Fund, said the strategy would achieve a number of objectives that […]

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Former INEC official explains how Diezani’s N30m was used

Christian Nwosu, an ex-administrative secretary with the Independent National Electoral Commission (INEC), says the N30 million he received from Diezani Alison-Madueke, a former minister of petroleum resources, was used for logistics. Nwosu is being prosecuted by the Economic and Financial Crimes Commission (EFCC) alongside two other INEC officials, for allegedly taking a bribe of N264.88m […]

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Buhari approves committee to discuss minimum wage

Chris Ngige, minister of labour and productivity, says President Muhammadu Buhari has approved the membership of the proposed national minimum wage committee. Ngige, who briefed reporters on Thursday after meeting with the president, also said discussions with the affected parties would decide whether the N56,000 national minimum wage being demanded by workers “is achievable”. The […]

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FG reforming all facets of education sector

The Minister of Education, Malam Adamu Adamu, said on Thursday that the President Muhammadu Buhari-led administration was putting in place deliberate policies and measures to reform all facets of the education sector. Adamu, represented by Mr Ezekiel Asubiojo, Director , Ministry of Education said this at the 37th Convocation and 50th Anniversary of Federal College […]

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If Buhari wants to contest in 2019, it must be democratically done – Okorocha

Imo state governor, Rochas Okorocha, says there is no automatic ticket for President Muhammadu Buhari in 2019. The governor stated this on Thursday while speaking with state house correspondents after a meeting with the president. Okorocha, who is chairman of the Progressives governors’ forum, an association of governors under the platform of the ruling All Progressives […]

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Melaye accuses ministry of power of illegally spending $385m

The senator representing Kogi west, Dino Melaye, has accused the ministry of power spending $385 million on a project that was not appropriated by the national assembly. Speaking on the floor of the senate on Wednesday, Melaye said the project which he identified as “fast power” was meant to build generating plants that would add power […]

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