A total of N429.127 billion was distributed among the three tiers of government in Nigeria at the end of the Federal Account Allocation Committee (FAAC) meeting,...
The Minister of Finance, Kemi Adeosun ha stated that the federal government would not hide anything in the amount of monies given to the states in...
Reports suggest that the federal government may lose N57.4 billion weekly if the ongoing faceoff between clearing agents and the Nigerian Ports Authorities (NPA) leads to...
The federal government has indicated it’s readiness to pay about N59.3 billion debts owed by its ministries, departments and agencies (MDAs) to electricity distribution companies (DISCOs)...
The Federal government through the Ministry of Agriculture and rural development says it will soon clamp down of cold rooms where imported frozen fish are stored....
Nigeria’s plans to put in a further $25 billion dollars into the Nigeria Liquefied Natural Gas Company (NLNG) for an expansion programme may have been put...
Two independent oil marketers have been accused of stealing 100 million litres of premium motor spirit (PMS) otherwise known as petrol belonging to the Federal Government....
A former Chief of Air Staff, Air Marshal Mohammed Umar (retd.) has temporarily forfeited five properties to the Federal Government, it was learnt. According to court...
A former Chief of Air Staff, Air Marshal Mohammed Umar (retd.) has temporarily forfeited five properties to the Federal Government, Sunday PUNCH has learnt. According to...
The Federal Government, has made a bold move to shore up Bank of Industry’s (BoI’s) rating and restore its original role. It plans to do this...
The Federal Executive Council (FEC) on Wednesday approved a N701 billion payment guarantee assurance by the Central Bank of Nigeria (CBN) for power generating companies (Gencos)...
The Federal Government has approved the appointment of two new directors for the Accident Investigation Bureau (AIB) to replace some of those sacked recently. They are...
Moroophat, the wife of a former Minister of State for Defence, Senator Musiliu Obanikoro, is to lose her property to the federal government. Justice Y. Halilu...
The sum of N1.094.22 trillion was spent by the Federal Government on foreign debts servicing, with N1.044 trillion going in for the same reason for local...
A total of N465.15 billion, an increase of about 30 per cent from the last amount has been shared among the Federal, 36 states and local...
The Federal Government is currently investigating its team of special prosecutors to fish out those who may be operating with conflict of interest. Five Senior Advocates...
The presidential panel set up by President Muhammadu Buhari to probe arms procurement between 2007 and 2015 has been disbanded, Sunday PUNCH learnt exclusively on Saturday....
It appears the Nigerian Labour Congress (NLC) and its demands for N56, 000 minimum wage is about to yield results following a consensus between the organised...
There is now every indication that Nigeria has accepted to divest Federal Government equity holdings and shares in most national assets as it has targeted raking...
Governors of the 36 states in Nigeria, have set the ball rolling for a possible rift with the Federal Government over the fallout on how the...
It appears the Federal Government is not ready to leave any stone unturned in its pursuit to ensure Supreme Court judge, Sylvester Ngwuta, and his counterpart,...
Various state governments, owed over N250 billion that they spent on Government Federal roads can only be refunded if the bonds to be floated in that...
The Federal Government is to spend about N600 million on security provision for Abuja-Kaduna air travel arrangements. The bulk of the expenditure is to go for...
The last may not have been heard concerning the proposed mass protest spearheaded by “African Queen” crooner, 2face Idibia which is now scheduled to take place...
Plans by “African Queen” crooner 2face Idibia to stage what is deemed the first nationwide protest against bad governance by the President Muhammadu Buhari led administration...
Nigeria’s Supreme Court has said that the Federal Government has no locus to challenge the Land Regularisation Policy of the Lagos State government and therefore dismissed...
“African Queen” crooner 2face Idibia is gearing up to stage what is deemed the first nationwide protest against bad governance which is planned to kick-off on...
Nigerian Minister of Information and Culture, Alhaji Lai Mohammed, on Tuesday said that the Muhammadu Buhari-led government has no immediate or long-term plan to stifle press...
The Federal Government of Nigeria through the Senior Special Assistant to the President on Foreign Affairs and Diaspora, Abike Dabiri-Erewa, has issued a travel warning to...
President Muhammadu Buhari has written to the senate exonerating Acting Chairman of the Financial Crimes Commission (EFCC) Ibrahim Magu, and Secretary to the Government of the...
The Minister of Transportation, Mr. Rotimi Amaechi, says the Federal Government has released counterpart fund of N72billion for the construction of the Lagos-Ibadan modernisation railway project....
Pan Niger Delta Forum (PANDEF), a pressure group led by Edwin Clarke, on Saturday raised hope for a return to dialogue as a way to bring...
The trial of Justice Sylvester Ngwuta of the Supreme Court, continued on Wednesday with the first prosecution witness taking the stand. The witness, Mr. Nwamba Chukwuebuka...
A battle of wit is about to commence as the Federal Government concludes plans to appoint auditing firms to review the financial management mechanisms of the...
Attempts by some states in the federation to hide the exact amounts they received as refunds on over-deduction on London-Paris Club loans may have been thwarted....
In a bid to stay in the good books of the European Union (EU), Nigeria has agreed to reduce import duties for about 170 items by...
Unity of purpose continues to be illusive among leaders of Niger Delta region as the Itsekiri Leaders of Thought (ILoT) has punctured the position of Pan...
The three tiers of government comprising federal, states and local government councils shared a grand total of N4.97 trillion as federation revenue approved by the Federal...
The Federal Government’s hope of raking in N330 billion from MTN as fine may have been dashed as the GSM giant has said it can not...
The minister of state for aviation, Hadi Sirika has announced the closure of the Nnamdi Azikwe International Airport for six weeks within February and March 2017....
Five government departments and agencies, which failed to comply with the directive to remit all Federal government funds in their kitty have been given up to...
The federal government on Saturday lined out a 10-point fiscal plan in its efforts to get Nigeria out of the recession it has landed itself. The...
The Federal Goveenment is making plans to construct a 1,000 kilometre pipeline from Niger Republic to the Kaduna Refinery. The pipeline, according to the Group Managing...
Except the Academic Staff Union of Universities soft pedals, academic activities in universities may again be disrupted, as the Federal Government has said it cannot meet...
200,000 unemployed graduates have been hinted to start work by December 1st as part of President Muhammadu Buhari’s N-power project initiated to address the issue of...
A Justice of the Supreme Court, Sylvester Ngwuta’s problems may have been compounded, as the Federal Government has amended the charges brought against him. According to...
Defaulting revenue collecting banks have refunded N4.2 billion to the Federation Account, the Revenue Mobilisation, Allocation and Fiscal Commission, RMAFC, has disclosed. RMAFC’s acting Chairman, Shettima Gana,...
Allegations that the Federal Government parted with a whopping $21million to the violent Islamist insurgent group, Boko Haram to secure the release of 21 out of...
Even after it was seemingly browbeaten into submission the first time, the Nigeria Labour Congress (NLC) has warned the Federal Government against any increase in the...
The Federal Government has invited some economic experts to help review and fine tune its Medium Term National Economic Plan. The invitation of the experts is...
