States may get budget support loans of N50 billion from government
Relief may be on the way for cash-strapped states of the federation as each of them may get budget support loans of up to N50billion from the Federal Government.
Government structures budget support for states on monthly basis
The newly scripted Fiscal Sustainability Plan (FSP) by the Federal Government for states will be disbursed to states in monthly tranches as opposed to full disbursement upfront as was the case..
Ekiti striking workers sell personal belongings to survive
The excruciating hardship occasioned by non-payment of five months salaries and allowances is forcing civil servants and teachers in Ekiti State to sell their personal belongings to survive.
Nigeria to hold investor roadshow next week
Nigeria will hold a non-deal roadshow in London next week, government sources said on Wednesday, as Africa’s biggest economy explores fund-raising options to finance budget.
FG verification exercise uncovers 43,000 ghost workers
The Minister of Finance Mrs. Kemi Adeosun has revealed that the ongoing verification exercise by the Federal Government has in some MDAS (Ministries, Departments and Agencies) ...
FG recovers N1.5 bn, shares N281.5billion to 3 tiers of government
The Minister of Finance, Kemi Adeosun, said in Abuja on Wednesday that N1.5 billion, being excess bank charges, was recovered and paid into the Federation Account.
Nigeria ranks 64th on minority shareholders’ interest index
Finance Minister, Kemi Adeosun, yesterday, described as gladdening Nigeria’s 64th ranking among 140 countries on the protection of minority shareholders interest.
Ondo Anglican diocese wants anti-graft fight in states, councils
For the anti-corruption crusade of the current administration to make the desired impact, President Muhammadu Buhari should extend it to the states and local councils where graft is also endemic.