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Sep
30
2020
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By Thewhisperer
JUST IN: FEC approves N13.08trn 2021 budget estimate

JUST IN: FEC approves N13.08trn 2021 budget estimate

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The Federal Executive Council has approved a budget estimate of N13.08trn for the 2021 fiscal year. The fiscal document was approved at a meeting of the council on Wednesday presided over by the President, Muhammadu Buhari. The Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed this to State House correspondents at the end of the meeting. The minister said the budget proposal is predicated on N379 per dollar exchange rate; oil benchmark of $40 barrel per day; and oil production volume of 1.86 million per day.  
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Sep
30
2020
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By Thewhisperer
JUST IN: Petroleum Industry Bill passes first reading in Senate

JUST IN: Petroleum Industry Bill passes first reading in Senate

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The Petroleum Industry Bill 2020 passed first reading on the floor of the Senate during plenary on Wednesday. The Leader of the Senate, Yahaya Abdullahi, presented the proposed legislation and the President of the Senate, Ahmad Lawan, read the bill for the first time. The federal parliament, however, vowed to ensure thoroughness in its consideration, which according to the principal officers, would be treated simultaneously with the 2021 national budget. The President of the Senate, Ahmad Lawan, and the Speaker of the House of Representatives, Femi Gbajabiamila, stated this during a National Assembly joint leadership meeting on the PIB, with…
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Sep
30
2020
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By Thewhisperer
Buhari swears in four new Permanent Secretaries

Buhari swears in four new Permanent Secretaries

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Four newly appointed Permanent Secretaries of the Federal Civil Service have been sworn in by President Muhammadu Buhari. Just before the commencement of the weekly virtual Federal Executive Council (FEC) meeting in the Council Chambers of the State House, the president conducted the ceremony completing the list of 16 persons who were appointed on June 12. The three men and a woman who were sworn-in on Wednesday include, Mr. James Sule from Kaduna; Mr. Ismaila Abubakar from Kebbi; Mrs. Ibiene Patricia Roberts from Rivers, and Mr. Shehu Aliyu Shinkafi from Zamfara. Present at the ceremony were Vice President Yemi Osinbajo…
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Sep
30
2020
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By Thewhisperer
Senatorial Bye Election: PDP must retire Bode George to make progress – Fayose

Senatorial Bye Election: PDP must retire Bode George to make progress – Fayose

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Former Governor of Ekiti State, Mr. Ayodele Fayose has said that former Deputy National Chairman of the People's Democratic Party (PDP), Chief Bode George, must be sent to political retirement if the party must make progress in Lagos State. His Media Aide, Lere Olayinka, said in a statement on Wednesday, that Fayose, who spoke during the inauguration of the PDP Campaign Committee for the Lagos East senatorial bye-election on Tuesday, emphasized that Chief Bode George should rather be a support stand for the younger ones in the party instead of dragging positions with them. While urging support for the PDP…
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Sep
30
2020
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By Thewhisperer
Nigeria at 60: Timi Frank knocks Buhari over divisive role

Nigeria at 60: Timi Frank knocks Buhari over divisive role

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A foremost political analyst and commentator, Comrade Timi Frank, has described the leadership contributions of the Head of State, General Muhammadu Buhari (rtd), as the worst and most divisive in the history of the country. Frank who made this assertion in a statement signed by him in Abuja, to mark Nigeria’s 60th Independence Anniversary, however congratulated Nigerians for their resilience and never-say-die spirit in the face of daunting and mounting economic, social and political challenges. He urged Nigerians to find a way to make themselves happy notwithstanding the harsh economic realities which has been further aggravated by the recent sharp…
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Sep
29
2020
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By Thewhisperer
Obaseki leads PDP Governors on thank you visit to Benin Monarch

Obaseki leads PDP Governors on thank you visit to Benin Monarch

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The Edo State Governor, Mr. Godwin Obaseki on Tuesday, led his counterparts on the platform of the Peoples Democratic Party (PDP) on a thank you visit to the Benin Monarch, His Royal Majesty Omo N’ Oba N’ Edo, Uku Akpolokpolo, Ewuare II. The governors include: Governor Nyesom Wike of Rivers State; Seyi Makinde of Oyo State; Aminu Tambuwal of Sokoto; Ahmadu Fintiri of Adamawa State. Accompanying the governors are chieftains of the PDP including the PDP Vice National Chairman, South South, Chief Dan Orbih, and the Edo State Chairman of the party, Dr. Anthony Aziegbemi. In his remark during the…
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Sep
29
2020
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By Thewhisperer
Moves to remove Gov Hope Uzodimma thicken as Federal High Court Dismissed OKERE’S matter

Moves to remove Gov Hope Uzodimma thicken as Federal High Court Dismissed OKERE’S matter

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By Ikechukwu Emeka Onyia Earlier today at the federal high Court Abuja before Hon Justice okon abang the suit instituted by the governorship candidate of RAP party in the 2019 elections in imo Barr. Kingdom Okere was Withdrawn at his instance via an application that was heard today. Recalled that there is unresolved legal issue over who was the APC Governorship candidate for Imo State election last year between Uche Nwosu and Hope Uzodimma in line with Supreme Court judgment of 20th December, 2019. It could be recalled that the Supreme Court in its unanimous ruling of the 20th of…
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Sep
29
2020
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By Thewhisperer
P&ID Contract: UK court orders release of $200m deposit to Nigeria

P&ID Contract: UK court orders release of $200m deposit to Nigeria

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A commercial court in London has ordered the release of $200 million used as a deposit in the case against Process & Industrial Development (P&ID) to the Nigerian government. The Governor of the Central Bank, Godwin Emefiele who confirmed the development on Tuesday, said the ruling follows the establishment of prima facie fraud before the court. Commenting on the outcome, Emefiele said: “due to the substantial evidence of prima facie fraud established before the court, we are pleased that the judge has agreed to release the guarantee. We are also pleased that the Court has rejected P&ID’s application to increase…
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Sep
29
2020
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By Thewhisperer
Gov. Wike wants new revenue sharing formula to Favour states

Gov. Wike wants new revenue sharing formula to Favour states

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Rivers State Governor, Nyesom Ezenwo Wike has advocated a new revenue sharing formula that will make the States get more money for development. Governor Wike made the suggestion when he received a delegation of the Revenue Mobilisation, Allocation and Fiscal Commission on a courtesy visit at Government House, Port Harcourt. The Governor pointed out that the States bear more development burden and would require more money to cater to the needs of the people. "There cannot be a Federal Government without the States. So, we advocate a new revenue formula that should take more revenue out of the Federal Government…
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