Ratio of 40:30:20:10; How Contract will be financed by the PTDF, NCDMB, SPDC/NNPC Ltd and the Bayelsa State Government The Nigerian Content Development and Monitoring Board (NCDMB) on Thursday executed the engineering, procurement, and construction contract with Julius Berger PLC for the development of Oloibiri Museum and Research Centre (OMRC), to be located at Otuabagi, Ogbia Local Government Area of Bayelsa State. The Executive Secretary NCDMB, Engr. Felix Omatsola Ogbe executed the contract at the Board’s liaison office in Abuja, with the project construction to be delivered within 30…
Read MoreDay: December 13, 2024
‘Divided They Stand,’ Tax Reforms Bill Polarises Governors
Strong indications have emerged that the 36 state governors under the aegis of Nigeria Governors’ Forum, are sharply divided over the Tax Reforms Bills pending before the Senate and the House of Representatives for consideration as forwarded by President Bola Tinubu. Recall that the governors have, for weeks, been confronted with the tax reform bills, just as the bills have been engulfed in controversy” criticisms and stiff opposition from many quarters. The Northern 19 governors had also rejected sections of the bills as they called for its withdrawal from the…
Read MoreNigeria Has Issued N1.1trn Sukuk Bonds To Fund 124 Road Projects, Says SEC DG
The Securities and Exchange Commission (SEC) says the federal government has issued six sovereign sukuk bonds worth N1.1 trillion ($657.6 million) to finance 124 road projects spanning over 5,820 kilometers across the country’s six geopolitical zones. Emomotimi Agama, the director-general of the SEC, spoke during the 2nd international Islamic Capital Market (ICM) conference in Pakistan. Agama said the initiative underscores the potential of the ICM as a resilient and innovative resource mobilisation tool. He said the issuance of the sukuk bonds since 2017 has been a central driver of growth…
Read More‘How N47.9 Trillion Will Be Spent In 1 Year’ Tinubu To Give 2025 Budget Update
President Bola Tinubu will, on Tuesday, present the 2025 budget to the joint session of the National Assembly. This was disclosed by President of Senate, Godswill Akpabio, during the plenary on Thursday. Akpabio said the budget presentation would take place at the chamber of House of Representatives. Recall that November 14, the Federal Government proposed N47.9 trillion as the total expenditure in the 2025 budget. READ ALSO: Every Man I Have Been With Has Cheated, Tiwa Savage Reveals I Nearly Got Into Trouble For Telling The Truth – Adeboye ‘This…
Read MoreEvery Man I Have Been With Has Cheated, Tiwa Savage Reveals
Nigerian music icon Tiwa Savage has opened up about her perspective on infidelity in romantic relationships, revealing that cheating has never been a reason for her to end a relationship. During a candid interview on The Receipts Podcast, the 44-year-old singer disclosed that every man she has been involved with has cheated on her, yet she has always chosen to forgive. “I have been cheated on before. I found out and forgave every time,” Savage said. “Every man I have ever been with has cheated, and I’ve never left them…
Read MoreI Nearly Got Into Trouble For Telling The Truth – Adeboye
The General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, revealed yesterday that he almost faced challenges with certain individuals in the country after urging Nigerians to pray for divine intervention against efforts by powerful cabals allegedly working to hinder the success of private refineries in Nigeria. He made this remark during the ongoing annual Holy Ghost Congress themed Onward Christian Soldiers at the Redemption City, along the Lagos-Ibadan Expressway. While Pastor Adeboye did not directly name those involved, he referenced a statement he made…
Read MoreN80.2bn Fraud: Yahaya Bello Pleads Not Guilty
The immediate past Governor of Kogi State, Yahaya Bello, on Friday, pleaded not guilty to the 18-count charge brought against him by the Economic and Financial Crimes Commission. The charge is bordering on money laundering, breach of trust and misappropriation of public funds to the tune of about N80.2 billion. After the charge was read to him, Bello responded that he was not guilty of all 18 counts. When the case was called for hearing, counsel for the EFCC, Kemi Pinheiro, SAN, informed Justice Emeka Nwite of the Federal High…
Read More‘This Is A Nightmare’, Ex-Super Eagles Player Babangida Talks On Accident That Claimed Son, Brother
Former Super Eagles winger and Ajax FC star, Tijani Babangida, has opened up on the traumatic ghastly accident that claimed the lives of his one-year-old son, Fadil, and his younger brother, Ibrahim. The accident, which occurred on May 9, 2024, along the Kaduna–Zaria Road, had Babangida’s wife and his maid also injured, while he (Babangida) sustained injuries on his knees and legs. Ibrahim was buried the following day, according to Islamic rites. Recounting the ordeal in a 14-minute-long video documentary shared on the football club’s website on Thursday, December 12,…
Read MoreINEC To Phase Out PVCs, Plans Diaspora Voting
The Independent National Electoral Commission has proposed sweeping reforms to improve the country’s electoral system, following lessons learnt from the 2023 general elections and subsequent off-cycle polls. Among the reforms being proposed are diaspora voting and phasing out of the use of Permanent Voter Card during elections. The INEC Chairman, Prof, Mahmood Yakubu, disclosed these on Thursday in Abuja during a meeting with Resident Electoral Commissioners. He stated that INEC would soon present these proposals and more to the relevant committees in the Senate and House of Representatives. He said,…
Read More‘He Failed WASSCE 16 Times,’ Nigerian Bags Distiction From London School
. ‘How I did it,’ Dr. Emmanuel Ahmadu opens up Dr Emmanuel Ahmadu, a Nigerian who wrote the West Africa School Senior Certificate Education, WASSCE, 17 times, has earned a distinction from the prestigious London Graduate School in the UK. Ahmadu, a Nigerian mental health advocate and accomplished professional based in the U.S., disclosed this in an interview with the News Agency of Nigeria, NAN, in Lagos. He said that he was also inducted as a Fellow of the Institute of Management Consultants, FIMC, in Lagos. READ ALSO:…
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