FAAC Shares N1.424trn For Three Tiers Of Government

FAAC Shares N1.424trn For Three Tiers Of Government

By Oluwakemi Kindness The Federation Account Allocation Committee FAAC as shared the total sum of N1.424 trillion, being December revenue to the Federal Government, States and the Local Government Councils. The sharing took place on Friday in Abuja at the January 2025 FAAC meeting. The N1.424 trillion comprises distributable statutory revenue of N386.124 billion, distributable Value Added Tax (VAT) revenue of N604.872 billion, Electronic Money Transfer Levy (EMTL) revenue of […]

January 17, 2025 1

2 1

National Assembly

Reps Tasks NABDA on Proper Labelling of GMO Products

By Oluwakemi Kindness The National Biotechnology Development Agency (NABDA) has been tasked to ensure the clear labelling of all products of Genetically Modified Organisms (GMOs), in line with global best practices. The House of Representatives Committee on Science and Technology, chair d by Representative Olusola Fatoba handed down the task on Thursday at a budget defence session with agency. This is as the Director General of the agency, Professor Abdullahi […]

January 17, 2025 9 1 2

2 1

National Assembly

Reps Raises Concerns Over Conversion of Residential Areas to Commercials

By Oluwakemi Kindness The House of Representatives Committee on Urban Development and Regional Planning, on Thursday raised concerns over the rate of conversion of residential areas to commercial and semi-industrial zones. Chairman of the Committee. Awaji-Inombek Abiante, who raised the concerns during a budget defence session with the Permanent Secretary of the Ministry of Housing and Urban Development, Dr Shuaib Belgore, said beyond the Provision of housing there is need […]

January 17, 2025 4 1 2

2 1

Security

IGP Canvases Removal of Police Force From Envelope Budgetary System

By Oluwakemi Kindness The Inspector-General of Police, IGP Kayode Egbetokun, has call for the removal of the the Nigeria Police Force NPF from the envelope budgetary regime to allow for accurate funding projections. This adjustment, he explain, would enable greater flexibility and ensure the availability of funds to manage the Force more effectively. He spoke at a budget defence session of the 2025 budget for the Nigeria Police Force (NPF) […]

January 16, 2025 5 1 2

2 5

Economy

CBN Launches DocFlow, MDA Naira Payment Solutions

….aims to improve turnaround time, reduce costs By Oluwakemi Kindness Central Bank of Nigeria (CBN), has launch two transformative initiatives, the Document Flow (DocFlow) System and the Ministries, Departments, and Agencies (MDAs) Naira Payment Solution. The launched by the Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, at the CBN Head Office Abuja, is a continuation of the Bank’s digital revolution project tagged “Digital First” which was […]

January 16, 2025 7 5 2

2 6

Economy

REA to Prioritise Solar Energy for Public Institutions in 2025

By Oluwakemi Kindness The Rural Electrification Agency says it will prioritise the provision of solar-powered energy to public institutions across the country in its agenda in the 2025 fiscal year. Managing Director of the agency, Abba Aliyu stated this on Wednesday shortly after presenting the REA’s 2024 budget performance and projections of the 2025 Appropriation Bill. Aliyu told the House of Representatives committee on Rural Electrification Agency, chaired by Representative […]

January 16, 2025 4 6 2

Economy

FCT MINISTER’S INSURANCE OF CERTIFICATES OF OCCUPANCY SEEN AS ECONOMIC EMPOWERMENT- MEDIA AIDE

By Zainab Bakare The Minister of the Federal Capital Territory (FCT), Barrister Ezenwo Nyesom Wike, has taken significant steps not only to enhance infrastructural development but also to economically empower Nigerians, according to his Senior Special Assistant on Public Communication and New Media, Mr. Lere Olayinka. Speaking during a news briefing in his office on Wednesday, January 15, 2025, Mr. Olayinka highlighted the issuance of over 5,000 Certificates of […]

January 16, 2025 2

3

National Assembly

Reps Mourns Passing of Deputy Chief Whip, Adewunmi Oriyomi Onanuga

By Oluwakemi Kindness The House of Representatives on Wednesday announces the passing of Adewunmi Oriyomi Onanuga, who, until her demise, served as the Deputy Chief Whip of the House. Onanuga who untill her demise represented Ikenne/Sagamu/Remo North Federal Constituency of Ogun State, passed away on January 15, 2025, after a brief illness. Representative Onanuga, born on December 2, 1965, was a dedicated public servant, a visionary leader, and a passionate […]

January 16, 2025 5 3

1

National Assembly

President Tinubu Approves Recruitment of 5,000 Personnel for Correctional Service

By Oluwakemi Kindness President Bola Tinubu has given directive for the recruitment of five thousand new personnel into the Nigerian Correctional Service (NCS), The move which seeks to address the overcrowding crisis and strengthen the Service was announced on Wednesday the Acting Comptroller General of the NCS, Sylvester Nwakuche Ndidi. Speaking when he appeared before the House of Representatives Committee on Reformatory Institutions, led by Chinedu Ogar, Ndidi explained that […]

January 16, 2025 5 1

Democracy Radio