The Nigerian Senate has given its Committee on Foreign and Local Debts 14 days within which to process President Muhammadu Buhari’s request for a fresh ₦2.343 trillion ($6.183 billion) for approval. Senate President Ahmad Lawan gave the directive at the commencement of Tuesday’s plenary session shortly after the Senate Majority leader, Yahaya Abdullahi, drew the attention of the Senate to the pending request. The Senator Clifford Ordia-led Committee on Foreign and Local debt had approved a total of $28 billion so far. The current request will take the total loan approved to $35.683 billion. Buhari had urged the Senate to approve N2.3 trillion ($6.183 billion) external borrowing. He said the loan was to finance the 2021 budget deficit of N5.6 trillion. The President indicated that the loan ...
The Federal Road Safety Corps (FRSC) says 90 per cent of trucks in the country are over 30 years. The FRSC Corps Marshal, Dr Boboye Oyeyemi, disclosed this in an interactive session between the Nigerian Shippers’ Council (NSC), the FRSC and Haulage operators on Monday in Lagos. Oyeyemi called for an improvement on the maintenance and standardisation schemes for vehicles as most of them lacked safety measures like lighting, reflectors and other parts. He stressed the need for an intervention from the Federal Government to ensure truckers had fleet renewal as vehicles that had been on the road for 30-years should be scrapped. Oyeyemi pointed out that “due to the age of the trucks, they frequently breakdown on the road prolonging the days goods spend on the road before getting to its destinat...
Twitter Vice Chancellor of Plateau State University Bokkos (PLASU), Prof. Yohanna Izam has applauded Governor Simon Lalong for facilitating N3 billion Federal Government high impact intervention into the Institution. He noted that the governor also approved the released of funds for the accreditation of 15 programmes in the University to meet up with global academic practices. Prof. Izam disclosed this yesterday during the maiden Alumni Award and dinner of the University, where an award of Excellence was presented to Governor Simon Lalong by the University for approving the returned of Academic activities on assumption of office which was suspended by his predecessor, Jonah David Jang. “We are glad that Governor Simon Lalong has facilitated the Federal Government intervention of N3 billion...
The House of Representatives ad hoc committee investigating the assessment and status of recovered loots has invited the governor of Central Bank of Nigeria (CBN), Mr Godwin Emefiele, to appear before it. The Chairman of the committee, Rep. Adeogun Adejoro, who extended the invitation on Thursday in Abuja said that it was necessary for the committee to know the number of recovered loots and where they were being kept. The Minister of Finance, Hajia Zainab Ahmed had told the committee that she had no idea of the number of accounts being used to keep the recovered loot. She, however, said that the ministry had a record of what had been recovered and the amount that had come into the account. She stated that N50 billion was provided from recovered loot to fund the 2020 budget, adding that the...
YouTube The Jama’atu Nasril Islam (JNI) has called on the Federal Government to investigate repeated air crashes to prevent further loss of lives in the country. It urged the government to constitute a formidable investigative panel of experts to unearth the recurring mystery. The Secretary General of JNI, Dr Khalid Aliyu, made the appeal in a statement issued on Tuesday in Kaduna. Aliyu said constituting the panel to unearth the air mishaps involving senior servicemen “is so averred because the nation is seriously losing human capital. “This human capital isn’t just easy to come by, as it is consciously and determinedly acquired”. According to him, for posterity we implore the government to release other reports of happenings in which innocent lives were lost and implement same so as to s...