ICPC decries Nigeria’s loss to illicit financial flows
Prof. Bolaji Owasanoye, the Chairman of the Independent Corrupt Practices Commission (ICPC), says Nigeria is losing about 60 per cent...
Imo orders contractor to refund N1.4 billion for road project
Dissatisfied with the pace of work on the Nekede/Ihiagwa/Federal University of Technology (FUTO) highway in Owerri West Local Council, the state government has ordered the contractor to refund immediately the N1.4 billion mobilisation fee paid by the administration of Emeka Ihedioha. To show seriousness, the State Executive Council (SEC) mandated the Attorney General and Commissioner…
Era of funding projects without monitoring over, says budget Minister
• ICPC Drags Rep Member To Court Over N1.6m Bribe The Minister of State, Budget, and National Planning, Prince Clem Ikanade Agba has assured that the days of putting money into projects without monitoring and evaluation were over. Agba gave the assurance in Kaduna while declaring open a four-day Capacity Building workshop for Departments of…
Okonjo-Iweala gains more foothold as WTO election nears
As the race for the Director-General of the World Trade Organisation peaks, Nigeria’s former Minister of Finance and Coordinating Minister of the Economy, Ngozi Okonjo-Iweala
‘Democratisation of housing finance will guarantee access to fund’
Housing professionals have warned that except there is an equilibrium between the rich and the poor in accessing housing finance, the wide gap in homelessness among the low-income earners that constitute about 85 per cent of the population may continue. They argued that the possibility of having an efficient, transparent financial sector that provides a…
FG projects N11.86trn expenditure for 2021
The Federal Government has projected an aggregate expenditure of N11.86 trillion for 2021. The Minister of Finance, Budget and National Planning
Court strips finance minister of tax law amendment power
Justice Ayokunle Faji of a Federal High Court, Lagos has stripped the Minister of Finance of power to amend the Taxes and Levies (Approved List for Collection) Act 2004.
N4.5tr budget deficit may trigger fresh recession, minister warns
With the deficit financing of the revised N10.509 trillion 2020 budget rising from N1.847 trillion to N4.563 trillion, the economy might be heading for another recession...
In Sudan, traced Bashir regime assets 'tip of iceberg'
Sudanese authorities have begun to recover billions of dollars of real estate illegally amassed by deposed dictator Omar al-Bashir's regime, but other assets