Page 43 - Responsibility Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Deji Elumoye in Abuja The Senate has disclosed that no fewer than 60 federal government agencies failed to remit over N3 trillion generated revenue into the Federation Account from 2014 to 2020. This is just as the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, said that some of the affected parastatals have started crediting government coffers with the outstanding revenues they generated in the last six years. The Senate Committee on Finance headed by Senator Olamilekan Adeola made the allegation in the course of investigating revenue remittances by MDAs between 2014-20...

Should mothers work? The U.S. government has an answer A better question is: What is it worth to the U.S. to have mothers in the workforce? By Kathryn A. Edwards Should mothers work? For many women, this question is surely quite personal; the answer may depend on the ages of her kids, their health, the state of her career, her salary and other factors. But it’s also a public policy question that America started wrestling with 80 years ago. Marital status, work status, household income, presence of a boyfriend, legitimacy of children, drug use — the government has used all of these, at one...

Detroit Mayor Duggan’s State of the City 2021: Open for business Democratic Detroit Mayor Mike Duggan gave a virtual State of the City address on Tuesday, March 9. As the site for the speech, the seven-year mayor and former medical center CEO chose the new $1.6 billion Stellantis Mack Assembly Plant on the city’s east side to highlight the success of his administration’s pro-corporate policies. Democratic Party Detroit Mayor Mike Duggan delivering his State of the City presentation on March 9 at the new Stellantis Mack Assembly Plant on the city’s east side [Source: City of Detroit vi...

No society can surely be flourishing and happy, of which large part of the population is poor and miserable. – Adam Smith The 2007 Fiscal Responsibility Act (FRA) has been kind to all government tiers by allowing them to borrow cheap money as long as markets are happy to provide, subject to legislative approval. The Act provided Kaduna state with the opportunityto agree a record $350 million loan from the World Bank to finance part of el-Rufai’s development plan. The loan’s twointerest rates, 3.7% for $216 million and 2.2% for $134 million were low enough to satisfy the FRA condition. T...

On Tuesday, the National Assembly will resume from its Christmas vacation to attend to pressing national issues, including the outstanding bills, writes Udora Orizu The two chambers of the National Assembly, which have been on Christmas break since December 22 2020, will resume plenary on Tuesday, February 9 for the commencement of the 2021 legislative calendar. The lawmakers, who were initially billed to resume plenary on Tuesday, January 26th postponed their resumption by two weeks to enable federal lawmakers belonging to the ruling All Progressive Congress (APC) participate in the revalida...