Tag: Spending
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Why I lied about the last time i saw Mohbad alive – Late singer’s ally opens up
Ayobami Sodiq, aka Spending, who is an ally of the late music star, Ilerioluwa Aloba aka Mohbad, has denied concealing information on the singer’s death.
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Former AIG wants slash in politicians’ salaries, increase in security spending
A former Assistant Inspector-General of Police, Mr Felix Ogbaudu, has called for reduction in politicians’ salaries and allowances. Speaking with the News Agency of Nigeria (NAN) on Wednesday in Abuja, Ogbaudu said money consequently saved should be used to address security threats like kidnapping and banditry. He stressed that there was the need to cut…
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Lagos Assembly to Sanwo-Olu: We want bit-by-bit expenditure of COVID-19 donations
The Lagos House of Assembly on Thursday asked Governor Babajide Sanwo-Olu to account for expenses incurred from donations received in support of the fight against COVID-19 pandemic. At the plenary presided over by Speaker Mudashiru Obasa, the House asked Sanwo-Olu to introduce a co-chairman from the Executive to represent state’s COVID-19 Incident Commander before the…
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2019: Election spending may affect naira stability – CBN
The Central Bank of Nigeria (CBN) has warned that the economy faces inflation and financial stability risks over the short-to medium-term if expected huge election spending is not checked. CBN Deputy Governor (Corporate Services) Adamu Edward Lamtek explained in his personal statement at the last Monetary Policy Committee (MPC) meeting released yesterday by the CBN…