Barely six months after losing power at the center, the Peoples Democratic Party, PDP no longer has the resources to complete its National Secretariat located at the Central Business District, Abuja.
PUNCH which earlier observed that contractors had reduced activities to a skeletal level reports that as at last Wednesday, all works had stopped at the 11.5 billion naira twelve story building.
The National Publicity Secretary of the PDP, Chief Olisa Metuh explained to PUNCH correspondent, why the party is unable to complete the project.
“During...
Thursday, 10 December 2015
Wednesday, 9 December 2015
As part of its free school meal program, , the Federal Government has concluded plans to provide free daily milk to 30 million pupils in primary and secondary schools across the country.
President Muhammadu Buhari had promised free meals for school children during the 2015 elections.
The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, disclosed the plan during a meeting with the West African Milk Company, WAMCO in Abuj...
Minister of Finance, Mrs. Kemi Adeosun on Wednesday confirmed the approval of payment of N407.07bn as fuel subsidy to oil marketers.
A statement issued by the Director, Press in the Ministryof Finance, Mr. Marshal Gundu, said that the payment covers arrears of 2014 and the current year.
“The Minister of Finance, Mrs. Kemi Adeosun has confirmed payment of N407,076,805,386.30 for subsidy claims to oil marketers so as to end the lingering fuel situation.
“The Minister stated that the President has directed that payments be made immediately in order...
Chieftain of the Peoples Democratic Party and founding Chairman of Daar Communications Plc, Chief Raymond Dokpesi was on Wednesday arraigned before the Federal High Court in Abuja on charges bordering on money laundering.
He is alleged by the Economic and Financial Crimes Commission, EFCC to have fraudulently obtained N2.1b from the Office of the National Security Adviser.
Also arraigned with Chief Dokpesi before Justice Gabriel Kolawole is his company, Daar Investment and Holdings Ltd.
The media magnate is alleged by the EFCC to have received...
The office of the Head of Civil Service of the Federation has approved Dec 17, 2015 for promotion exams for civil servants on grade levels 06 -13.
According to a statement issued in Abuja on Tuesday by Alhaji Mohammed Manga, Assistant Director of Media Relations in the office of the Head of Service, the examination will hold at the Public Service Institute of Nigeria, PSIN.
A circular signed by the Permanent Secretary, Career Management in the office of the HoS, Mr Innocent Ogbonnaya, and issued to all government Ministries, Departments and Agencies...
The Kogi State Police Command on Tuesday paraded a masquerade in Lokoja for harassing the public and committing murder.
The Obiedu masquerade while celebrating the Ekhechi masquerade festival was said to have stabbed one Ishak Yusuf to death during a scuffle.
Eight persons who accompanied the masquerade during the festival are said to be at large.
However, the man behind the masquerade, Shuaibu Musa denied taking part in the fight in which Ishak Yusuf was killed, but admitted that on the said date, he and his colleagues attended the Obiedu masquerade...
Tuesday, 8 December 2015
According to the World Bank, Nigeria spent about $35b (N6.9 trillion) in the last five years subsidizing petroleum products.
World Bank's ‘Nigeria Economic Report No. 3’, released in Abuja on Tuesday said that fuel subsidy crippled the country’s capacity to save for the rainy day occasioned by falling crude oil prices in the international market.
The report presented by World Bank's Lead Economist in Nigeria, Mr. John Litwack highlighted the high fiscal cost of fuel subsidy on the country.
“The fiscal cost of the fuel subsidy is very high,...
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