Tag: Approval
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Apapa gridlock: Lagos suspends approval for development of tank farms
As part of measures to sanitize the chaotic traffic situation in Lagos especially in Apapa axis caused by indiscriminate parking of trailers and tankers, the Lagos State Government has suspended further approval for development of Tank Farms and also given Tank Farms currently operating 30 days within which to have adequate holding bay failure for…
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Buhari forwards 2019 election budget to Senate for approval
President Muhammadu Buhari on Tuesday forwarded a budget of N254 billion (N254, 445,322,600) to the Senate to prosecute the 2019 general election. The president in a letter sought the approval of the sum which will be drawn from the 2018 and 2019 budgets. In the letter titled ‘Request for virement and supplementary 2018 budget,’ President…
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Buhari can withdraw $496m from ECA without approval of NASS – Aide
Sequel to the controversies generated over the withdrawal of $496 million by President Muhammadu Buhari for the purchase of some aircraft to tackle terrorism, a presidential aide, Ita Enang has said the president does not need approval of the National Assembly to withdraw such funds. Enang made this statement on Monday while discussing ‘the implications…
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NASS should sanction Buhari for withdrawing $146m from ECA without approval – PDP
Nigeria’s main opposition party, Peoples Democratic Party (PDP) has called on the National Assembly to commence constitutional processes to sanction President Muhammadu Buhari for allegedly withdrawing $146m from the nation’s Excess Crude oil Account (ECA) without prior approval from it (the National Assembly). The party said the President violated his oath of office by “illegally”…
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Buhari allegedly withdraws $462m from ECA without NASS approval
President Muhammadu Buhari has approved the withdrawal $462 million from the Excess Crude Account (ECA) to the United States for the procurement of 12 Super Tucano aircraft, without a formal approval of the National Assembly, This Day newspaper has reported. Investigations reveal that a new letter by the president to the National Assembly, says the…
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Indigenous Ship owners may get NNPC, NIMASA approval to lift crude
… As Dakuku Champions New Trade Terms to Boost Indigenous Shipping … Kachikwu, Baru Weigh Options Shipowners and other stakeholders in the maritime sector are on the verge of getting the desired change in trade terms from Free On Board (FOB) to Cost Insurance and Freight (CIF) which would enable them to begin to lift…
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$1b ECA: Ekiti Council Chairmen ask court to void approval for fund’s withdrawal
Sixteen Local Government Chairmen in Ekiti State have asked the Federal High Court in Abuja to void the approval given for the Federal Government to withdraw $1billion from the Excess Crude Account of the Federation for the prosecution of its fight against Boko Haram. Their request is contained in a suit they filed, listing the…
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2018 budget ready, to be passed to NASS for approval before month end – FG
The Federal Government has reiterated its determination to pass the 2018 budget to the National Assembly before October ending. This disclosure was made by the minister of state for Budget and National Planning Hajia Zainab Mohammed at a press briefing to mark the end of the 23rd Nigerian Economic Summit in Abuja on Thursday. Hajia…
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JUST IN: Buhari sends revised list of Ambassadorial nominees to Senate for approval
President Muhammadu Buhari, has sent a revised list of 46 non-career ambassadorial nominees to the Senate for approval. This was contained in a letter read by the President of the Senate, Bukola Saraki to lawmakers during plenary on Thursday. Recall that the Upper Legislative Chamber had last year rejected the first version of the list…
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Al-Makura presents N67bn budget to Assembly for approval
Governor Umaru Al-Makura of Nasarawa State on Thursday presented Appropriation Bill of N67.013 billion for 2017 to the state House of Assembly for consideration and passage. Al-Makura while presenting the bill christened “Budget of Reformation’’ at the floor of the state assembly in Lafia, said the budget was in compliance with International Public Sector Accounting…