FG spent N1.2trn on capital projects in last I2 months – Finance Minister

The Federal Government has spent over N1.2 trillion in the last 12 months on capital projects in the country and pledged to continue to prioritise infrastructure spending. The Minister of Finance, Mrs Kemi Adeosun, disclosed this yesterday at the Nigerian Stock Exchange, NSE and Bloomberg CEO Roundtable Session in Lagos.

FG spent N1.2trn on capital projects in last I2 months – Finance Minister

•Signs Global Convention Act on base erosion and profit shifting •Contribution of tax to GDP is 6% By Peter Egwuatu The Federal Government has spent over N1.2 trillion in the last 12 months on capital projects in the country and pledged to continue to prioritise infrastructure spending. The Minister of Finance, Mrs Kemi Adeosun, disclosed […]

Lagos school kidnap: Abductors reject N2m ransom offer, relocate victims

Lagos school kidnap: Abductors reject N2m ransom offer, relocate victims

By Evelyn Usman lagos Indication emerged yesterday that the six Senior Secondary School students who were abducted at the Lagos Model Collage, Igbonla, Epe, 11 days ago, have been relocated to another camp outside Lagos and Ogun creeks. The kidnappers had given parents of the abducted students Tuesday last week deadline to pay N20 million […]

Obasanjo is the worst example of a military general – Brigadier-General Ikponmwen

Obasanjo is the worst example of a military general – Brigadier-General Ikponmwen

Brigadier-General Idada Ikponmwen (retd) is a former Provost Marshal of the Nigeria Army and the defence counsel during the coup trial of former President Olusegun Obasanjo under the Abacha administration. Ikponmwen , penultimate week, resigned his position as a leader of the Pan Niger Delta Forum (PANDEF), citing what he described as the failure  of […]

Breaking: Buhari sacks Army bodyguards in Aso Rock

Breaking: Buhari sacks Army bodyguards in Aso Rock

ABUJA-President Muhammadu Buhari has ordered for the immediate removal of officers and men of the Nigerian Army and restore the officials of the Department of State Security Service, DSS, as his body guards. It was learnt that the order was given by President Buhari shortly before he proceeded on his annual vacation to London, United […]

After Buhari’s whistle-blowing policy, Foreign Affairs Ministry suspends whistle-blower for exposing N70.6 m fraud at DTCA

After Buhari’s whistle-blowing policy, Foreign Affairs Ministry suspends whistle-blower for exposing N70.6 m fraud at DTCA

…Public complaints Commission wades in but DTCA rejects reconciliatory move The whistle-blowing policy of the present administration has suffered its first major setback barely a months after it went into action. Apparently acting as if it unaware of the existence of the new policy designed to curb corruption in Nigeria, the Ministry of Foreign Affairs […]

Over N5tr projects abandoned across Nigeria – Reps

Zaria (Kaduna State) – Dr Abbas Tajuddeen, member representing Zaria Federal Constituency in the House of Representatives, on Wednesday said more than N5 trillion government projects were abandoned across Nigeria. Tajuddeen made the disclosure in an interview in Zaria, Kaduna State. Tajuddeen, who expressed “deep worry” over the situation said the country was incurring huge […]

There’re really no men of God in Nigeria – Oyegbami, economist

Olusegun Oyegbami, an economist, oil industry player and author of ‘Reversing the Rot in Nigeria’, in this interview, analyzes how Nigeria slipped into economic collapse, the involvement of some men of God, the anti-corruption war of this administration among other national issues. Excerpt. What do you think actually went wrong that led us to where […]

Two escape death as train crashes into truck in Aba

Two escape death as train crashes into truck in Aba

BY UGOCHUKWU ALARIBE Tragedy struck in Aba, Abia state, on Friday, as two persons; a driver and the conductor of an articulated truck with registration number, Lagos APP 153 XL, escaped death when a train rammed into their truck. Saturday Vanguard gathered that the passenger train was on its way to Port Harcourt when it […]

Boko Haram: Nigeria purchases 21 fighter aircraft, gets 4 war planes from Pakistani

KADUNA-A major milestone in the resolve of Nigeria to crush Boko Haram terrorists in the North East was achieved, yesterday, with the delivery of four fighter aircraft to the Nigerian government by its Pakistani counterpart.

Boko Haram: Nigeria purchases 21 fighter aircraft, gets 4 war planes from Pakistani

KADUNA-A major milestone in the resolve of Nigeria to crush Boko Haram terrorists in the North East was achieved, yesterday, with the delivery of four fighter aircraft to the Nigerian government by its Pakistani counterpart. This came ahead of 21 aircraft approved for procurement by President Muhammadu Buhari to boost the operations of the Nigerian […]