Tag: Funds
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No funds for Constitution Review in 2021 budget – Omo-Agege
Deputy President of the Senate, Ovie Omo-Agege has said there was no funds allocated for Constitution Review in the 2021 Budget. Omo-Agege who doubles as Chairman, Senate Ad-hoc Committee on the Review of the 1999 Constitution disclosed at a briefing in Abuja, on Monday. Omo-Agege the situation notwithstanding, the committee has sufficient funds to carry…
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How we spent COVID-19 funds so far – FG
Prince Clem Agba, Minister of State, Ministry of Budget and National Planning, on Thursday gave a breakdown of the COVID-19 expenditure in the country. Agba revealed this at the COVID-19 Transparency and Accountability Project (CTAP) Conference organised by Connected Development (CODE) in partnership with BudgIT civil society organisation in Abuja. According to Agba, of the…
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Edo Government threatens to shut down ongoing National Sports Festival today over lack of funds, support from FG
The Governor Obaseki led Edo State Government, hosts of the ongoing 20th National Sports Festival (NSF) in Benin, will shut down the 13-day event by 12 noon Thursday, an official said late Wednesday. Musa Ebomhiana, Project Manager with the Media and Communications Sub-Committee of the festival’s Local Organising Committee (LOC), said the decision was necessitated…
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Buhari will soon approach NASS for more funds to combat insecurity – Fayemi
Ekiti State Governor Kayode Fayemi on Monday said that the sponsors of insurgency in the Northeast geo-political zone are also behind banditry in the Northwest and kidnapping in the Southwest. The Chairman of the Nigerian Governors’ Forum (NGF) spoke with reporters in Abuja on National security, shortly after meeting with President Muhammadu Buhari at the…
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Insecurity: Governors support withdrawal of funds from ECA to buy more equipment for military, others
The Nigeria Governors’ Forum (NGF) on Wednesday said it is in support of dedication of some portions of the Excess Crude Account (ECA) and the Natural Resource Development Fund or the Economic Stablisation Fund to providing the necessary equipment for the military and other security agencies to tackle crime. TheNewsGuru.com, TNG reports that as at…
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![[UPDATED] EXCLUSIVE: CBN commences seizure of funds, closure of cryptocurrency accounts](https://thenewsguru.ng/wp-content/uploads/2016/10/Godwin-Emefiele.jpg)
[UPDATED] EXCLUSIVE: CBN commences seizure of funds, closure of cryptocurrency accounts
The Central Bank of Nigeria (CBN) has commenced the seizure of funds and closure of accounts with history of cryptocurrency trades in the country, TheNewsGuru.com, TNG can authoritatively report. TNG recalls that the apex bank last week Friday ordered all banks to close accounts of anyone who transacts in cryptocurrency. However TNG observed that the…
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US Poll: Trump’s campaign runs out of funds
U.S. President Donald Trump campaign machine is in the throes of a cash crunch, forcing it to pull back television advertising in some crucial states. A flustered Trump will now embark on a heavier fundraising schedule in coming weeks, seeking money from small and big donors, a strategy that his Democratic rival Joe Biden has…
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Buhari orders CBN not to release funds for food, fertilizer importation
President Muhammadu Buhari on Thursday ordered the Central Bank of Nigeria, CBN ”not to issue a kobo” of the country’s reserves for the importation of food items and fertilizer. This is as the Federal Government rolls out the Economic Sustainability Plan and sets goal for National Food Security. At a meeting of the National Food…
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BREAKING: TheNewsGuru, Punch, 14 other Nigerian publications listed for Google’s Emergency Relief Funds
The Google News Initiative Journalism Emergency Relief Fund has announced it is supporting 16 Nigerian publications with funding. Launched in April, the JERF serves to help local publishers facing financial hardship as a result of the economic and advertising downturn. “JERF has provided $39.5m in funding to publishers in 115 countries in the past few…