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Nigeria's indebtedness to World Bank rises to $13.9 billion

Key highlights Nigeria's total indebtedness to the World Bank rose to $13.9 billion as of December 2022, an increase of ....

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We Are Resolving Issues On Autonomy For State Judiciary, Legislature – NGF

Channels Television
Updated May 20, 2021

The Nigeria Governors’ Forum (NGF) on Wednesday said they are working to resolve issues surrounding the implementation of Executive Order 10.
This was disclosed in a communiqué signed by the Chairman of the forum Kayode Fayemi at the end of the 30th teleconference meeting.
President Muhammadu had earlier in May 2020 signed an Executive Order granting financial autonomy to both the judicial and legislative arms of government at the state level.
In its statement, the NGF said talks on the order had reached an advanced stage with the Ministry of Labour, conference of speakers, and the National Judicial Council. ....

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Breaking News | Governors Okay Debt Reduction, Judicial, Legislature Autonomy

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Chairman, Nigeria Governors’ Forum (NGF), Fayemi Kayode (left); Deputy Chairman, Aminu Tambuwal; and Kaduna State Governor, Nasir El-Rufai, during the body’s meeting on the new minimum wage and other issues in Abuja…yesterday. PHOTO: LUCY LADIDI ATEKO
State governors in Nigeria have agreed to grant autonomy to the legislature and the judiciary.
This is in line with Executive Order 10 signed by President Muhammadu Buhari.
They, however, gave two conditions to smoothen the implementation of the decisions. These are: Immediate termination of the ongoing strike by judicial workers and the disbandment of the Presidential Implementation Committee on the Autonomy of State Legislature and Judiciary. ....

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Payment of about N210bn fuel subsidy monthly, unsustainable ― El-Rufai tells Governors

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Governor Nasir El-Rufai on Thursday disclosed that the payment of between N70 billion and N210 billion monthly on fuel subsidy is unsustainable.
Governor El-Rufai made the observation while presenting the report on the appropriate pricing of Premium Motor Spirit (PMS) otherwise called petrol, during the 30th teleconference meeting of the Nigeria Governors’ Forum (NGF) chaired by Governor Kayode Fayemi.
While calling for full deregulation of the downstream of the petroleum industry, Governor El-Rufai noted that the payment of subsidy ranging from N70 billion to N210 billion monthly to keep the PMS price at N162 per litre is completely unsustainable. ....

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Kogi earmarks N3bn for Nigeria-CARES implementation

By Friday Idachaba
Lokoja, Jan. 14, 2021 The Kogi Government has set aside over N3 billion to expand access to livelihood support and food security for the poor and vulnerable.
Gov. Yahaya Bello donated the money under the Nigeria COVID-19 Action Recovery and Economic Stimulus – Program for Results (Nigeria CARES).
He announced the donation, while declaring open a one-day key stakeholders’ sensitisation and training programme on Kogi Government version of NG CARES Programme for Results on Thursday.
Represented by Dr Folashade Ayoade-Arike, Secretary to State Government (SSG), Bello said the programme was divided into three areas including Basic Social Cash Transfer under Social Safety Network Program; FADAMA and SMEs. ....

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