Friday Bako

Commodities market to be used to diversify economy — Osinbajo The Minister of Finance, Mrs. Zainab Ahmed, Monday, disclosed that the Federal Government has suspended its $22.7 billion external borrowing plans due to current realities in the global economic landscape. Speaking in Abuja, at the 2020 International Conference on the Nigerian Commodities Market, organized by […]

In it’s move to reduce the level of interference by State Government’s on the Local Government’s financial dealings, in Nigeria, 1st June 2019, has been slated by the Federal Government for the commencement of direct payment of Financial allocations from the Federal to the 174 Local government LGAs across the Nation. The reports according to […]

STRONG indications emerged that the Federal Government may have reduced the pump price of Premium Motor Spirit, PMS, from N145 per liter to about N130. It was learned that the Federal Government may have approved the new price after a presentation by Minister of State for Petroleum Resources, Timipre to the ongoing meeting of the […]

The Federal Government has considered scrapping seven major government agencies, following President Muhammadu Buhari’s decision to consider the recommendations of Stephen Oransaye-led report on “Restructuring and Rationalisation of the Federal Government’s Parastatals, Commissions and Agencies”. These agencies are: Fiscal Responsibility Commission, National Poverty Eradication Programme, Utilities Charges Commission , National Economic Intelligence Committee, Nigerian […]