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CISLAC raises concerns over Nigeria’s debt profile, coronavirus accountability

The Civil Society Legislative Advocacy Centre (CISLAC), has expressed concerns over $2.18 billion foreign loan request to the Nigerian Senate to fund the 2021 Appropriations Act, by President Muhammadu Buhari. It has therefore urged the National Assembly to insist on an analysis of debt repayment strategy to be in place as its key priority to approvals. In a statement by Executive Director, CISLAC and Head of Transparency International – Nigeria, Auwal Ibrahim Musa Rafsanjani, he said national public finance management regime is meant to save the nation’s economic system from collapse: rescuing jobs, supporting livelihoods and bailing out many businesses on the brink. He warned the government to avoid the catastrophe that the international finance institutions forced on Greece: destroying ...

Rice millers protest ‘multiple taxation’ in Ebonyi

Rice millers in Abakaliki, Ebonyi State, have protested against what they claimed to be multiple taxation in the state’s mill market. The millers, who decried alleged extortions of traders by the management of the market, called on the state government to find a lasting solution to it. They appealed to the government to review its revenue policy and reduce the increased taxes. The protesters carried placards with different inscriptions such as, “Management should not take rice mill as their father’s business”, “We are tired of the multiple and high taxes”, “We need an elected chairman and not Caretaker Committee to move development forward in the mill.” Speaking with journalists in Abakaliki on Tuesday, Chukwuma Eniokoro, the chairman of millers in the market, said they embarked on the pea...

House asks FCT councils to suspend illegal taxes on businesses

The House of Representatives has declared illegal, levies being imposed on businesses by area councils in the Federal Capital Territory, ordering the task forces to suspend their activities. A member of the House from Kogi State, Mr Tajudeen Yusuf, had moved a motion calling for the suspension at the plenary on Tuesday. It was titled ‘Investigation of Alleged illegal Levies by the Federal Capital Territory Area Councils on Business Outlets and Premises in the Area Councils.’ Yusuf said, “Business outlets and private enterprises have been under threats, intimidation, and coercion by task forces operating in the Federal Capital Territory area councils under different guises, forcing business owners to pay illegal levies which are not remitted into the government coffers but private pockets o...

NUPENG threatens nationwide strike over attack on labour leaders in Kaduna

File Photo Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, has threatened a nationwide strike over attack on leaders of the Nigeria Labour Congress, NLC including its President, Ayuba Wabba and other Labour leaders during Tuesday’s peaceful protest in Kaduna State as part of the ongoing five-day strike to force the state government to rescind alleged anti-workers policies including the recent mass sack of workers. The thugs had attacked the labour leaders after Governor Nasir el- Rufai left the Power Holding Company of Nigeria, PHCN, adjacent where the workers assembled, with heavily armed security personnel. The armed thugs came in a bus and attacked the Labour leaders with various weapons including stick, bottles, stones and machete. Reacting to the development, NUPENG expres...

Ogun governor suspends aide arrested for ‘fraud’ in US

The governor of Ogun State, Dapo Abiodun, has suspended his aide, Abidemi Rufai, who was arrested in the United States for an alleged $350,000 (about N140 million) COVID-19 unemployment fraud. Kunle Somorin, Abiodun’s chief press secretary, confirmed the suspension to newsmen on Tuesday. This was also confirmed to newsmen by the chief press secretary to Abiodun, Kunle Somorin. “Our position is that the law should take its course,” Somorin said in a WhatsApp interview. “Meanwhile, the governor has ordered his immediate suspension from office to answer charges against him.” Sources within the government told newsmen that the governor took the action immediately he was briefed about Rufai’s arrest. This newspaper earlier reported that Rufai, Senior Special Assistant to Abiodun, was arrested l...

President Buhari seeks Senate’s approval to borrow $6.18 billion

President Muhammadu Buhari has sought the approval of the Senate to borrow $6.18 billion external loan to finance this year’s N5.6 trillion budget deficit. The president’s request is contained in a letter addressed to the President of the Senate, Dr Ahmad Lawan, and read by Lawan at Tuesday’s plenary. President Buhari said the proposed loan, which is equivalent of N2.3 trillion, is to finance the 2021 budget deficit of N5.6 trillion. According to the president, sourcing the loan will enable the federal government to fund critical infrastructural projects in transportation, health and education, among other sectors. Get more stories like this on Twitter You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you b...

APC: PDP governors’ meeting ‘mere jamboree’

The ruling All Progressives Congress, APC, has described Monday’s meeting of governors of the opposition Peoples Democratic Party PDP as a jamboree and a complete waste of time, accusing the state executives of engaging in name calling and abuses. National Secretary of the APC Caretaker Extraordinary Convention Planning Committee, CECPC, Sen. John James Akpanudoedehe disclosed this in a statement issued Monday in Abuja. The statement reads; “Going by the communique issued by the Peoples Democratic Party PDP Governors’ Forum, at the end of its meeting on Monday, it is unfortunate that the PDP governors chose to engage in misplaced name calling and abuses instead of seizing a golden opportunity provided by the meeting to offer meaningful and patriotic contributions on the review of the state...

Anambra guber: I’m not President Buhari’s anointed aspirant – Dozie Madu

An All Progressives Congress (APC) aspirant for the forthcoming Anambra State governorship election, Hon Dozie Madu, has dismissed speculations that he has been anointed by President Muhammadu Buhari. Speaking after picking the declaration of interest and nomination form at the APC National Secretariat in Abuja on Monday, he said that he is comfortable with any mode of primaries approved by the party’s national leadership. Asked to substantiate the claims that he is anointed by the President, he said: ‘I don’t understand what you mean. How can the President give a governorship aspirant a ticket? It is the people, I disagree with you, it is false. If you look at my dossier, you should know that I can’t involve myself in this kind of thing.’ On how he can do better compared to other former g...

Kaduna paralysed as NLC begins warning strike

Activities in Kaduna State have been paralysed as the five-day warning strike directed by the Nigeria Labour Congress (NLC) over irregular sacking of civil servants began on Monday. Checks revealed that schools, banks and other business premises had been closed. The National Union of Banks, Insurance and Finance Institutions Employees had directed its members to withdraw banking and insurance services in Kaduna state from Monday 17. The Zonal State Secretary of the union, Mr Adamu Danladi explained that the directive followed the NLC’s warning strike in response to what he described as Gov. El-Rufai’s “anti-workers policies”. He said that the withdrawal of services would continue until otherwise directed by the congress. Also, while some schools were closed, others were open but only a few...

NNPC selects 26 firms to lift Nigeria’s crude oil

The Nigerian National Petroleum Corporation (NNPC) has picked 26 foreign and local companies as well as 12 countries to lift the country’s crude oil for the next two years. The crude term contracts, expected to run from 2021 through 2023, would see the firms and the selected nations, which would operate on a Government-to-Government (G2G) basis to purchase the commodity from the national oil company. The deal is coming less than a week after the corporation chose 16 oil and gas consortia for its new crude-for-fuel swap contracts for one year starting in August. The contracts, known as Direct Sale, Direct Purchase (DSDP) are high-stakes agreements used to supply nearly all of Nigeria’s petrol needs as well as cover some of its diesel and jet fuel consumption. However, in the fresh crude oil...

Firm cautions Nigerian government over sale of national assets

Agusto Consulting has cautioned the federal government over its plan to relinquish national assets to private hands, saying, the risk involved is unquantifiable. Agusto Consulting, in a report titled “Rethinking Nigeria’s Models for Infrastructure Development,” noted that, the benefits of relinquishing control to the private sector are glaring, but remain difficult to implement. Noting that the federal government’s handing off certain critical assets of the country that have been dormant over the years will positively impact on the country’s budgetary allocation, but added that this decision has caveats and risks associated with operating models that involve private sector participation regardless of the levels of participation. “First is the high level of corruption in the country and the...