Page 10 - Fiscal Framework News Today

The International Monetary Fund (IMF) says that Nigeria’s outlook remains challenging and charged the federal government to urgently undertake policy adjustments.

Translate Home » News » PIB: Persons with disabilities crave for 5% of oil projects, activities in N/Delta PIB: Persons with disabilities crave for 5% of oil projects, activities in N/Delta On By Levinus Nwabughiogu-Abuja Nigerians living with disabilities have asked the federal government to earmark 5 percent of oil projects and activities for their members in the Host Community Development Trust Fund prescribed in the Petroleum Industry Bill, PIB. The Executive Director...

By Levinus Nwabughiogu Stakeholders and players in the oil and gas sector of the Nigerian economy Wednesday took turns to highlight the significant good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly. The was as the Speaker of the House of Representatives, Femi Gbajabiamila assured that the bill would be passed into law in April this year. The stakeholders which included the Minister of State for Petroleum Resources, Chie...

… Organized labour disagrees with the creation of multiple regulatory agencies …oil-producing States push for inclusion into board membership By Levinus Nwabughiogu-Abuja Stakeholders and players in the oil and gas sector of the Nigerian economy yesterday took turns to highlight the significant-good inherent in the proposed Petroleum Industry Bill, PIB currently undergoing legislative scrutiny in the national assembly. The was as the Speaker of the House of Representatives, Femi Gbajabiamil...

Punch Newspapers Sections Sunday Aborisade, Abuja The Senate commenced consideration of the Petroleum Industry Bill on Monday with the Women in Energy Network rejecting the 2.5 per cent the host communities are demanding from the investors in the oil and gas sector as annual levies. The host communities started their demand when they asked for 10 per cent net profit in PIB 2012. They reduced it to five per cent of actual expenditure in 2018 before they further cut it to the 2.5 per cent of actu...

COVID-19 protocols: FG threatens to shut down NYSC camps Published The Federal Government has vowed to close any National Youth Service Corps (NYSC) Orientation Camp where the state government does not comply with all the COVID-19 protocols. Minister of Youths and Sports, Sunday Dare, disclosed this at the Presidential Task Force briefing on Monday, NAN reports. Dare disclosed that over 700 corps members from the current batch tested positive for coronavirus. The cases are from over 22,000 part...

During the fall of 2009, George Papandreou headed the ticket of the Panhellenic Socialist Movement, known by its acronym PASOK, against the then‐​governing conservative party, New Democracy, in the Greek national elections. Papandreou ran on a platform that featured highly expansive fiscal spending. During a press conference on September 13, 2009, he was asked where he would find the money to fund his party’s spending proposals. His answer was that given in the above quotation, by which...