Jibril Ismail Falgore
11 Nov
Mr. Speaker, Honourable Members, the size of the proposed 2025 Budget is N549,160,417,663.00 billion. The capital component is N312,634,912,672.18 billion, while the recurrent expenditure is set at N236,525,504,990.82billion.
Latest
3 mins ago
The MacArthur Foundation has said that a staggering sum of over $200 billion is estimated to have been lost in Nigeria between 1970 and 2008 due to widespread corruption and procurement irregularities. According to the Foundation, the massive financial haemorrhage occurred through various channels, including inflated contracts, dubious asset disposals, and outright theft of resources.…
8 mins ago
Tobi Adegboyega’s lawyer has denied reports that the Nigerian-UK-based pastor faces deportation from the United Kingdom, calling the claims “ignorant” and insisting that his client is not a criminal. The Telegraph had earlier reported that Adegboyega lost his appeal against deportation following allegations of financial misconduct within his church after failing to properly account for…
13 mins ago
The Transmission Company of Nigeria (TCN) has successfully restored bulk power supply to Bayelsa State following the repair of vandalised transmission towers on the Ahoada-Yenagoa 132kV line. In a statement on Tuesday, TCN’s General Manager for Public Affairs, Ndidi Mbah, revealed that the restoration followed the successful reconstruction of collapsed towers and the restringing of…
1 hour ago
Tobi Adegboyega, a Nigerian pastor based in the United Kingdom, has lost his appeal against deportation following allegations of financial misconduct within his church, The Telegraph reports. Adegboyega, 44, who is also the cousin of Star Wars actor John Boyega, led SPAC Nation, a controversial church that was shut down after failing to properly account…
1 hour ago
The FCT Police Command has apprehended several suspects, including a fake soldier, his accomplice, and members of a notorious armed robbery syndicate, known as "One-Chance," operating in Abuja. Among those arrested is Moses Daniel, held for alleged fraud, and Emmanuel Linus, who was caught impersonating a Nigerian Army officer by wearing full military camouflage to…
1 hour ago
When Ghana's Vice President Mahamudu Bawumia announced last year he would run for president, his ruling New Patriotic Party (NPP) was certain he would lead them to an unprecedented third term. Even their slogan dared to say they would be "Breaking the eight" -- a reference to going beyond President Nana Akufo-Addo's two terms of…
1 hour ago
Wema Bank has emerged as the winner of the 2024 Nigeria Bankers' Games which had its grand finale at the sports centre of the University of Lagos (UNILAG) on Saturday. The main attraction of the grand finale was the Men's Football final between Sterling Bank and FCMB which dragged on to a penalty shootout after…
1 hour ago
Nigeria’s energy company, Oando PLC, is poised to significantly enhance the country’s oil reserves and production capacity following its landmark $783 million acquisition of the Nigerian Agip Oil Company (NAOC) from Italian energy giant Eni. Recently recognized in South Africa as the “Deal of the Year,” this acquisition is set to boost Oando’s oil reserves…
1 hour ago
Over 100,000 motorists who converted their fuel-powered vehicles to compressed natural gas (CNG) are now enduring long queues nationwide as they compete at scanty stations to refill their cars.
2 hours ago
SOME foreign digital companies operating in Nigeria, including Google, Microsoft, and TikTok paid a total of N2.55 trillion (N1.5 billion) in taxes in the first half of this year. This was revealed by the National Information Technology Development Agency (NITDA). NITDA’s Director of Corporate Communications & Media Relations, Mrs. Hadiza Umar, relying on data from…