Niger APC inaugurates Lavun constituency re-election campaign com'tt - Blueprint Newspapers Limited blueprint.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from blueprint.ng Daily Mail and Mail on Sunday newspapers.
Niger State governor Mohammed Umar Bago has condoled with President Bola Ahmed Tinubu over the death of Ondo State Governor Rotimi Akeredolu. Bago during
Abdul said: “A survey conducted by the National Association of Microfinance Banks (NAMB), which indicated that out of 874 licensed MFBs, about 612 may be negatively affected by the recapitalisation policy.” Citing the finding, he said only 30 percent of MFBs will be able to meet the April 2021 timeline while the rest may fold up and could cause more job losses as the 612 MFBs have about 44,800 staff. CBN had reviewed the minimum share capital requirement of the three categories of MFBs in October 2018: a Unit MFB will raise its capital from N20 million to N200m; State MFB from N100m to N1 billion and a National MFB from N2bn to N5bn.
Despite cash crunch, N/Assembly proposes 235 new tertiary institutions dailytrust.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytrust.com Daily Mail and Mail on Sunday newspapers.
The report reads in parts”“That the House do receive the Report of the Committee on Appropriations on a Bill for an Act to authorise the issue from the Consolidated Revenue Fund of the Federation the total sum of N13,588,027,886,175 (Thirteen Trillion, Five Hundred and Eighty–Eight Billion, Twenty–Seven Million, Eight Hundred and Eighty–Six Thousand, One Hundred and Seventy–Five Naira) only, of which N496,528,471,273 (Four Hundred and Ninety–Six Billion, Five Hundred and Twenty–Eight Million, Four Hundred and Seventy–One Thousand, Two Hundred and Seventy–Three Naira) only is for Statutory Transfers, N3,324,380,000,000 (Three Trillion, Three Hundred and Twenty–Four Billion, Three Hundred and Eighty Million Naira) only is for Debt Service, N5,641,970,060,680 (Five Trillion, Six Hundred and Forty–One Billion, Nine Hundred and Seventy Million, Sixty Thousand, Six Hundred and Eighty Naira) only is for Recurrent (Non-Debt) Expenditure while the sum of N4,125,149,354,222 (Four Trillion, One Hundred and Twenty–Five Billion, One Hundred and Forty–Nine Million, Three Hundred and Fifty–Four Thousand, Two Hundred and Twenty–Two Naira) only is for contribution to the Development Fund for Capital Expenditure for the year ending 31 December, 2021 (HB.1069)” (Referred: 14/10/2020)”.