Group asks Tinubu to withdraw duplicated contract after PREMIUM TIMES report

Group asks Tinubu to withdraw duplicated contract after PREMIUM TIMES report

Reactions have continued to trail PREMIUM TIMES publication on how President Bola Tinubu awarded a cargo contract that is already existing. On 13 July, the Federal Executive Council, chaired by Mr Tinubu, approved the “advanced cargo tracking system” contract to P-Lyne Energy Limited. If completed, the project will enable the country to track every cargo … Read more

Group wants “Not Too Young To Run Act” included in party constitutions

Group wants “Not Too Young To Run Act” included in party constitutions

A group, the National Youth Leaders’ Forum of Political Parties in Nigeria (NYLFPPN), has set the target of March 2027 for the incorporation of the “Not Too Young To Run Act” into the constitutions of all political parties in the country. This is contained in the document it unveiled on Monday in Abuja. The event … Read more

Budget padding controversy, Ningi’s suspension, probe of N30 trillion CBN loan, change of leadership in senators groups, others top stories at Senate

Budget padding controversy, Ningi’s suspension, probe of N30 trillion CBN loan, change of leadership in senators groups, others top stories at Senate

Senate panel begins probe of N30trn CBN loan obtained by Buhari The Senate began legislative activities last Monday with the inauguration of a nine-member ad hoc committee to interrogate the disbursement and usage of the 30 trillion Ways and Means loan obtained by the administration of former President Muhammadu Buhari from the Central Bank of Nigeria (CBN). … Read more

Nigeria lost N17 trillion to tax waivers in five years

Nigeria lost N17 trillion to tax waivers in five years

The Senate Committee on Finance has declared that the country lost about N17 trillion to tax waivers in the last five years. The Chairperson of the Committee, Sani Musa, disclosed this on Monday during an interactive session with the management team of the Federal Inland Revenue Service (FIRS). The administration of former President Muhammadu Buhari … Read more

Five proposals lawmaker wants for Nigeria’s Electoral Act

Five proposals lawmaker wants for Nigeria’s Electoral Act

Nigerian lawmakers have initiated another round of amendments to the Electoral Act, as the country continues to pursue a “perfect law governing elections in Nigeria.” The Act underwent a comprehensive review in 2021 and was assented to by former President Muhammadu Buhari. The last alteration received commendations from Nigerians, particularly for recognizing the use of … Read more

Police promise to rescue five sisters kidnapped in Abuja

Police promise to rescue five sisters kidnapped in Abuja

The police have promised to rescue six members of a family who were kidnapped in their house located in the Bwari Area Council of Abuja on 2 January. Force Public Relations Officer, Olumuyiwa Adejobi, made the promise in a statement on its X handle on Saturday. The assurance comes as it emerged that one of … Read more

We won’t use CBN loan to fund Nigeria’s 2024 budget

We won’t use CBN loan to fund Nigeria’s 2024 budget

To finance Nigeria’s N28.8 trillion budget, the federal government will eliminate the reliance on Ways & Means, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister on Monday said the federal government would rather focus on bolstering revenue and driving economic growth. According to Mr Edun, the federal … Read more

We won’t use CBN loan to fund Nigeria’s 2023 budget

We won’t use CBN loan to fund Nigeria’s 2024 budget

To finance Nigeria’s N28.8 trillion budget, the federal government will eliminate the reliance on Ways & Means, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said. The minister on Monday said the federal government would rather focus on bolstering revenue and driving economic growth. According to Mr Edun, the federal … Read more

Tinubu celebrates ex-President Buhari at 81

Tinubu celebrates ex-President Buhari at 81

President Bola Tinubu has congratulated former President Muhammadu Buhari on his 81st birthday. In a statement by his Special Adviser on Media and Publicity on Saturday, Ajuri Ngelale, President Tinubu described the former president as “an icon of truth, justice, and patriotism.” He appreciated Mr Buhari for his friendship and vote of confidence shown through … Read more