Page 2 - Stabilisation Account News Today

According to the minister, there will be exit packages for the workers which would be disbursed immediately they are sacked.

Despite promising to cut waste, the Buhari-led government has spent at least N41 billion on the presidential fleet.

Emefiele said the three projects are funded by the Infrastructure Corporation of Nigeria (InfraCo).

Inspector General of Police, Usman Alkali Baba has confirmed the development.

The balance had reduced drastically by $2 billion from the $2.1 billion left by Goodluck Jonathan’s administration.

There are indications that the state governments’ finances have come under renewed pressures over repayment of loans they obtained fro

Hon. Minister of Finance, Budget & National Planning, Mrs. Zainab Shamsuna Ahmed. PHOTO: TWITTER/FINMINNIGERIA There is little doubt, even among unrepentant optimists, that the Nigerian economy is in dire strait in the past few months, particularly after the onset of the COVID-19 pandemic. While this has elicited great concern among the average citizens who are bearing the brunt of hyperinflation and massive job losses, there is little effect of any government policy being put in place to eith...

Nigerian Government Is Broke, Revenues Crashing —Finance Minister She stated that the money shared at the March Federation Account Allocation Committee (FAAC) meeting was short of N50 billion. by SaharaReporters, New York Apr 20, 2021 The Minister of Finance, Budget and National Planning, Zainab Ahmed, has admitted that Nigeria’s economy is facing a difficult time, saying states must improve their internally generated revenues. Speaking in an interview on the Nigerian Television Authoritys ...

Give us state police, resource control now, El-Rufai tells FG Tobi Aworinde The Governor of Kaduna State, Mallam Nasir El-Rufai, has called on the Federal Government to immediately implement three specific recommendations of the All Progressives Congress Committee on True Federalism to address the insecurity in the country. El-Rufai, who was one of the speakers on a live broadcast tagged ‘The Fierce Urgency of Now: Tactics and Strategies to Pull Nigeria from the Brink,’ on Friday, stated th...

NEC expresses outrage over Katsina students’ abduction NEC expresses outrage over Katsina students’ abduction • Wants stricter enforcement of COVID-19 control measures Share The National Economic Council (NEC) has expressed outraged over last week’s abduction, by Boko Haram, of hundreds of students from Government Science Secondary School, Kankara, Katsina State. Rising from a virtual meeting presided over by Vice President Yemi Osinbajo, in Abuja, on Thursday, the council strongly con...