Tag: FG
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FG To Renegotiate Full Implementation Of N30,000 Minimum Wage
The Federal Government is set to reconstitute a new committee to begin fresh negotiations for the full implementation of the new national minimum wage of N30,000. The Minister of Labour and Employment, Senator Chris Ngige, disclosed this on Thursday in Abuja, the Federal Capital Territory. “The President has put in place a new committee or…
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UK Court Grants FG Leave To Appeal $9.6bn Judgement
A United Kingdom court has granted the Federal Government leave to appeal the judgment that asked Process and Industrial Developments (P&ID) Limited to seize $9.6bn in Nigerian assets. The P&ID secured the damages against Nigeria following a failed Gas Supply Project Agreement (GSPA) contract between it and the Federal Ministry of Petroleum Resources. The Attorney-General…
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FG Delegation In UK Over $9.6bn P&ID Case
A Federal Government delegation led by the Attorney-General of the Federation Abubakar Malami, and the Governor of the Central Bank of Nigeria Godwin Emefiele, is currently in the United Kingdom to meet with some international media over the $9.6 billion case involving the Process and Industrial Development Limited (P&ID). The meeting follows the award of…
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NEC Approves N100bn For Implementation Of National Livestock Transformation Plan
The National Economic Council has proposed a budget of a 100 billion naira for the implementation of the National Livestock Transformation Plan. Chairman of the sub committee on farmer herders crisis, Governor of Ebonyi state, Dave Umahi told State House Correspondents that it was agreed that the Federal Government would bear 80 percent of the…
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Anyaoku wants FG to increase budgetary allocation to education sector
former Secretary-General of the Commonwealth, Chief Emeka Anyaoku, has called on the Federal Government to scale up its budgetary allocation to the education sector. He said that would make the country to be on the same pedestal with other nations. Anyaoku gave the advice at the 6th Annual Memorial Lecture held in honour of late…
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Lawan, Gbajabiamila, CJN Tanko Muhammad , others under probe
The Federal Government has commenced an investigation into bank accounts belonging to Senate President Ahmed Lawan, Speaker of the House of Reps Femi Gbajabiamila and other principal officers of the National Assembly. The probe which is conducted by the Nigerian Financial Intelligence Unit (NFIU) is also investigating accounts owned by Nigeria judges including the Chief…
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Federal Govt: Atiku gave false evidence at tribunal
The dust generated by President Muhammadu Buhari’s Wednesday victory at the Presidential Election Petitions Court (PEPC) is yet to settle. People’s Democratic Party (PDP), which lost along with its candidate, Atiku Abubakar, said “the victory will be short-lived” because the Supreme Court would quash it. But, APC National Chairman Adams Oshiomhole and the Federal Government…
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$2.4b looted funds traced to Abacha
The Nigerian government traced $2.4 billion looted from its coffers to the late Military Head of State Gen. Sani Abacha, a former Attorney-General of the Federation and Minister of Justice, Mr. Mohammed Bello Adoke (SAN), has revealed. According to Adoke, Gen Abacha, who ruled Nigeria with iron fist between 1993 and June 8, 1998 when…
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Tell us how much stolen funds you’ve recovered, Falana asks Fed Govt
Mr Femi Falana (SAN) has asked the Federal Government to declare how much stolen funds it has recovered since 1999. The first woman Senior Advocate of Nigeria (SAN), Chief Folake Solanke, shared Falana’s position on Thursday when they spoke at the 20th Mike Okonkwo Annual Lecture during the celebration of the 74th birthday of the…
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Xenophobia: Nigeria recalls High Commissioner to South Africa
Nigeria has recalled its Ambassador to South Africa, Ambassador Kabiru Bala. The nation has also pulled out of the World Economic Summit. It also demanded full compensation, the News Agency of Nigeria has reported, quoting a “presidential source.” Our Correspondent also reported that the move was meant to register serious displeasure with the South African…