Business

Pres Jonathan To Spend Over N20Billion On Presidential Expenses In 2014

Pres Jonathan To Spend Over N20Billion On Presidential Expenses In 2014

Business December 22, 2013 at 9:45 am 0 comments

The 2014 budget which was submitted to the National Assembly will see Nigeria President Goodluck Jonathan spend N2,999,106,500 just for his office use, figures which were  not detailed on what those uses are, while a whooping N.378 billion will be use to

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House Of Rep. Directs 50 Tough Questions To Okonjo-Iweala (READ ALL)

House Of Rep. Directs 50 Tough Questions To Okonjo-Iweala (READ ALL)

Business December 20, 2013 at 1:19 pm 0 comments

In a letter signed by the chairman, house committee on finance Dr. Abdulmumin Jibrin, the minister of finance was directed to answer the 50 questions presented below.
The letter read inter-alia: “You are to answer these questions and provide clarifications where necessary in your submitted response to the Committee within two weeks,

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TPT MD Receives ECOBITE Of The Year Award

TPT MD Receives ECOBITE Of The Year Award

Business December 19, 2013 at 6:01 pm 0 comments

An astute media and marketing communications practitioner, Igbinidu was conferred with the association’s prestigious ECOBITE of the Year Award at this year’s edition of the association’s annual dinner/dance celebration held at Sheraton Hotel & Towers, Ikeja, Lagos 
The Managing Director of Africa’s frontline public relations agency, Charles Igbinidu, has been

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Okonjo-Iweala Presents N4.6tr Budget Estimates To N/A Comprising Of 72% Recurrent Expenditure

Okonjo-Iweala Presents N4.6tr Budget Estimates To N/A Comprising Of 72% Recurrent Expenditure

Business December 19, 2013 at 5:44 pm 0 comments

Nigeria’s Finance Minister and Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, today presented the 2014 budget estimate of N4.6tr to the National Assembly.
She laid the document on the table before the senators during their plenary, presided over by Senate President David Mark.
Mark said the action was in

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Hunger Ahead As FG Bans Importation Of Fish… Prices Soaring Already

Hunger Ahead As FG Bans Importation Of Fish… Prices Soaring Already

Business December 15, 2013 at 11:59 am 0 comments

Few weeks after the Minister of Agriculture and Rural Development, Mr. Akinwunmi Adesina, was honoured by Forbes magazine, more Nigerians have taken a swipe at his decision to place a ban on the importation of fish into the country. They are of the opinion that the directive by the Federal Government through the minister is another ploy to deny

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Lagos Accounts For 43% Of N508.2bn States’ IGR In 2012 – NBS

Lagos Accounts For 43% Of N508.2bn States’ IGR In 2012 – NBS

Business December 9, 2013 at 9:32 am 0 comments

The total internally generated revenue, IGR, of the 36 states stood at N508.2 billion in the financial year ended 2012 up from the N457.7 billion generated in the preceding year.
This represents about 10 per cent increase in earnings on year-on-year basis.
Of the total IGR accruals to the sub-national

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