Tag: Funds
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COVID-19: Why Buhari released funds to Lagos, snubbed others – Presidency
The Presidency on Thursday explained why the Federal Government had not been dishing out funds to state governments. It faulted the action of some governors it accused of prioritising the quest for money over the need to overcome the disease in the state. Speaking on a radio programme monitored in Kano, the Special Adviser to…
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FIRS orders banks to divert funds of tax defaulters into Federation Account
High-profile tax defaulters got a 30-day window to regularise their tax status with the Federal Inland Revenue Service (FIRS), failing which they risk forfeiting the tax equivalent directly from their bank accounts to the Federal Government The FIRS Executive Chairman, Tunde Fowler who dropped the hint on the Nigerian Television Authority (NTA) programme – Platform,…
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Government agencies still diverting public funds despite anti-graft war – Buhari
President Muhammadu Buhari has admitted that despite his administration’s anti-corruption effort some government agencies are still diverting funds or refusing to fully account for them. He said this while swearing in the Chairman and members of the Board of the Independent Corrupt Practices Commission (ICPC) at the presidential villa, Abuja on Monday. Buhari, therefore, urged…
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Reps to Buhari: Order your finance minister to release outstanding funds for Judiciary
Jonas Ezieke, Abuja The House of Representatives has urged President Muhammadu Buhari to prevail on the Minister of Finance Mrs Zainab Ahmed to release to the National Judicial Council (NJC) all outstanding funds to the credit of the judiciary. House further mandated its Committee on Federal Judiciary to ensure compliance and report back to the…
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Osinbajo reacts to House report indicting him of acting illegally on NEMA funds
Vice President Yemi Osinbajo has reacted to a report released by a House of Representatives committee indicting him for allegedly approving funds illegally. Recall that the House committee in its report accused the vice president of acting illegally in approving N5.9 billion for emergency operations of the National Emergency Management Agency (NEMA) whose head was…
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Senate slashes budgets of 30 agencies, redistributes funds to 2019 elections
The Senate on Wednesday approved that half of the N242 billion budgeted for the 2019 election be removed from the 2018 budget of 30 federal agencies. Presenting a motion on Wednesday, the chairman of the Senate Committee on Appropriation, Danjuma Goje, said the election could not be funded entirely from the service wide votes as…
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I had a major challenge with funds when I started – Niniola
Afro-house singer and reality TV star, Niniola has revealed that when she started out in music, she had to grapple with the absence of funds. Niniola recounted her pains and journey to the top, in a recent chat with Thisday. Hear her:” I have found a way to make a mark and inspire a lot…
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WTD: Buhari blasts governors for diverting funds meant to pay teachers' salaries
…promises to clear and end issues of unpaid salaries President Muhammadu Buhari has assured Nigeria’s Teachers that his heart is with them over the issue of unpaid salaries, assuring that unpaid salaries would soon become an issue of the past. The President’s Senior Special Assistant on Media and Publicity, Malam Garba Shehu, in a statement…
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Kano Govt denies owing ex-deputy gov, provides details of funds released
The Kano State Government has denied allegations of non-payment of entitlements by the former deputy governor, Professor Hafiz Abubakar. The government while reacting to Abubakar’s resignation noted that based on available records, in 2017 alone, the sum of over N120, 000, 000.00 was paid to former deputy Governor as traveling allowance both within and outside…
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$300m Abacha, Alamieyeseigha’s loot: Nigeria, US sign MoU on repatriation of funds
As part of bids to repatriate stolen funds starched in foreign countries, the Attorney-General of the Federation and Minister of Justice, Mr. Abubakar Malami, has signed an agreement with the United States of America spelling out the roadmap for the return to Nigeria over $300m looted by Nigeria’s former Head of State, the late Gen.…