FG proposes N8.3bn to fight swine flu – The Punch
January 28, 2010 by Bunmi Awolusi · Comments Off
The Federal Government has proposed N8,302,789,550 to fight the deadly H1N1 virus also known as swine flu in the country even as the country did not record any case of guinea worm since November, 2008.
UN asks FG to probe cause of mayhem – The Punch
January 22, 2010 by Bunmi Awolusi · Comments Off
As the Jos crisis continued to attract international attention, the United Nations Secretary General, Ban Ki-moon, has asked the Federal Government to address the underlying causes of recurrent sectarian crisis the country.
FG Orders Banks to Stop Retrenchment – Thisday
January 8, 2010 by Bunmi Awolusi · Comments Off
The Federal Government has waded into recent developments in the banking industry with a directive that banks stop the ongoing mass retrenchment until agreements are reached between all stakeholders.
Nigeria denies closing borders with Niger – The Guardian
November 6, 2009 by Bunmi Awolusi · Comments Off
Media eports that Nigeria has shut its borders against Niger Republic over the political crisis in the country have been refuted by the Federal Government.
In a four-paragraph statement yesterday, Information and Communications Minister, Prof. Dora Akunyili, urged Nigerians and the international community to ignore the reports because they were “misleading and baseless.”
6,000mw power target report card: Time gone 45 weeks (87%) Money spent $5.08bn (100%) Score card 2,900mw (48%) – Daily Trust
November 6, 2009 by Bunmi Awolusi · Comments Off
With seven weeks left in the Federal Government’s promised 6,000megawatts power generation target by year’s end, the country currently generates 2,900mw of power even though all the $5.09 billion [about N762.93 billion] special intervention funds for the sector this year have been spent. This much became clear yesterday from the speech by Minister of Power Mr. Remi Babalola at his Ministerial Press Briefing.
Yar’Adua to spend N352b on amnesty, roads, others – The Nation
November 5, 2009 by Bunmi Awolusi · Comments Off
The Federal Government is willing to spend N352.3billion more – 56 days to the end of the year.
President Umaru Yar’Adua yesterday submitted a Supplementary Appropriation Bill for the endorsement of the House of Representatives. The Senate also got the request.
Deregulation: No option for now – DPR – Tribune
October 20, 2009 by Bunmi Awolusi · Comments Off
It seems the Federal Government has chosen to be playing hide and seek on its decision to fix a date for the commencement of the deregulation of the downstream sector of the nation’s petroleum industry, as the Department of Petroleum Resources (DPR) has said that the best option to make petroleum products available to Nigerians is to deregulate the sector, saying without that, the citizenry would continue to suffer untold hardship.
N787m scam: EFCC slams fresh charge on UBEC directors, others – Tribune
October 7, 2009 by Bunmi Awolusi · Comments Off
The Economic and Financial Crimes Commission (EFCC) has slammed fresh criminal charge of conspiracy and intent to defraud the Federal Government to the tune of N787 million on four directors of Universal Basic Education Commission (UBEC), a foreigner and two companies.
Amnesty: Off to a good start – Daily Trust
October 7, 2009 by Bunmi Awolusi · Comments Off
The Federal Government’s offer of amnesty to armed militants in the Niger Delta region, which lapsed at midnight on Sunday, October 4, turned out to be far more successful at this stage than most observers had thought possible when it was first unveiled last June.
Yar’Adua gets council’s nod to pump in N300b – The Nation
October 7, 2009 by Bunmi Awolusi · Comments Off
More cash is coming into the economy.
The Federal Government’s plan to inject N300billion ($2b) into the economy to cushion the effect of the cash crunch was yesterday approved by the National Economic Council (NEC).
