Thursday, November 15, 2018

Tag "FG"

    FG: We did everything responsible to save Hauwa Leman

FG: We did everything responsible to save Hauwa Leman

The federal government has condemned the execution of Hauwa Leman, an aid worker with the International Committee of the Red Cross (ICRC), by The Islamic State West Africa Province (ISWAP), a faction of Boko Haram.Lai Mohammed, minister of information, said the government did “everything any responsible government should do” to save Leman and Saifura Ahmed, another aid worker that had [...]

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    Nigerians now to pay tax on foreign assets

Nigerians now to pay tax on foreign assets

President Muhammadu Buhari has signed an executive order mandating Nigerian taxpayers to declare and pay tax on their offshore assets.Garba Shehu, presidential spokesman, announced this in a statement on Wednesday.According to the statement, asset owners have a 12-month window grace to declare and pay tax on their assets, under the new executive order number eight, tagged Voluntary Offshore Assets Regularization [...]

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    FG issues another N100bn Sukuk bond

FG issues another N100bn Sukuk bond

The federal government has announced the approval for the issuance of a second tranche of N100 billion Sukuk bond.This was disclosed at a two-day training on Sukuk structurisation and management in Abuja.The training was organised by the Metropolitan Skills Ltd in collaboration with the ministry of finance, and Standing Committee for Economic and Commercial Cooperation of the organisation of the [...]

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    FG charges Ekweremadu with non-declaration of assets

FG charges Ekweremadu with non-declaration of assets

The federal government has filed charges against Ike Ekweremadu, deputy senate president and Bassey Akpan, senator representing Akwa Ibom north-east district, for alleged failure to declare their assets.The suit against the lawmakers were filed before a federal high court in Abuja by the special presidential investigation panel for the recovery of public property.On Wednesday, Celsus Upong, the prosecution lawyer, had complained [...]

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    Boko Haram threat: Leah Sharibu’s mother weeps, begs FG to save daughter’s life

Boko Haram threat: Leah Sharibu’s mother weeps, begs FG to save daughter’s life

Rebecca Sharibu has appealed to the federal government to save Leah, her daughter who is still in Boko Haram captivityThe insurgents had threatened to kill Leah in October if their demands are not met.Leah was among the students kidnapped in February from Government Girls Secondary School, Dapchi, Yobe state.All the abducted girls were subsequently released, except five who reportedly died in detention, but [...]

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    Report: Leah Sharibu’s mother sues FG, demands N500m damages

Report: Leah Sharibu’s mother sues FG, demands N500m damages

Rebecca Sharibu has sued the federal government for failing to secure the release of Leah, her daughter.Leah Sharibu was among the 119 students of Government Girls Secondary School, Dapchi, Yobe state, abducted by Boko Haram in February.All the abducted girls were subsequently released, except five who reportedly died in detention.Leah was held back by the insurgent group for “refusing to renounce [...]

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    FG reinstates civil servant retired after criticising Okonjo-Iweala

FG reinstates civil servant retired after criticising Okonjo-Iweala

The federal government has reinstated Yushau Shuaib, a civil servant who was retired after he wrote a critical piece on Ngozi Okonjo-Iweala, former minister of finance, in 2013.Shuaib was chief information officer on grade level 14 at the ministry of information before he was forcefully retired.He had complained about the "lopsided appointments" in the economic sector.He subsequently sued Okonjo-Iweala, the [...]

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    Minimum wage: Ngige describes labour’s 14-day ultimatum as ‘subtle blackmail’

Minimum wage: Ngige describes labour’s 14-day ultimatum as ‘subtle blackmail’

The federal government has described labour's 14-day ultimatum as "a subtle blackmail" to stampede the tripartite committee on the new national minimum wage.Chris Ngige, minister of labour and employment, said this at a news conference on Thursday in Abuja.Ngige said it is not true that the federal government is trying to stall negotiations."The following facts speak in that direction, if [...]

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    ‘Robbers’ break into residence of Leah Sharibu’s parents

‘Robbers’ break into residence of Leah Sharibu’s parents

Suspected robbers broke into the residence of the parents of Leah Sharibu, the only student of Government Girls Secondary School, Dapchi, Yobe state, still in Boko Haram custody.They reportedly invaded the parents’ residence on Monday and carted away the family’s belongings, including food stuff and a generator set.Sharibu is one of the 119 students abducted from the school by Boko [...]

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    Dalung asks Buhari to declare state of emergency in Plateau, Zamfara, Benue

Dalung asks Buhari to declare state of emergency in Plateau, Zamfara, Benue

Solomon Dalung, minister of youth and sports development, has asked the federal government to declare state of emergency in states experiencing incessant killings.Dalung said this is necessitated by the failure of the security agencies to end the attacks and bring the killers to book.Plateau, Zamfara, Benue and Taraba are among states where many lives have been lost in 2018 alone.Addressing [...]

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    FG endorses Pinnick as NFF president to avoid FIFA’s hammer

FG endorses Pinnick as NFF president to avoid FIFA’s hammer

The federal government has recognised the Amaju Pinnick-led executive as the authentic leadership of the Nigeria Football Federation (NFF).Laolu Akande, special assistant to Vice-President Yemi Osinbajo made the announcement via Twitter handle on Monday.The announcement comes shortly before the deadline given by FIFA for the resolution of the leadership tussle in the Nigerian football governing body.“The FG has already conveyed [...]

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    FG to repatriate 116 Nigerians stranded in Libyan slave camps

FG to repatriate 116 Nigerians stranded in Libyan slave camps

Abike Dabiri-Erewa, senior special assistant to the president on foreign affairs and diaspora, says 116 of the Nigerian migrants trapped in Libya slave camps would soon be repatriated.In statement by Abdur-Rahman Balogun, her media aide, Dabiri-Erewa said the federal government and the International Organisation for Migration (IOM) have located the detention camps of the Nigerians and offered to bring those willing [...]

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    Lai calls PDP ‘reckless’ for saying APC, FG plotting to overthrow Saraki

Lai calls PDP ‘reckless’ for saying APC, FG plotting to overthrow Saraki

The Peoples Democratic Party (PDP) says the federal government and the All Progressives Congress (APC) intend to obtain an interim court order to declare the Senate President seat vacant.Following the defection of Bukola Saraki from APC to PDP, the ruling party had called on him to step down as leader of the upper legislative chamber.In a statement, Kola Ologbondiyan, PDP [...]

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    Group sues FG for failing to disclose cost incurred during World Cup

Group sues FG for failing to disclose cost incurred during World Cup

The Media Rights Agenda (MRA), a non-governmental, has sued the federal government over its alleged refusal to disclose the cost it incurred from Nigeria’s participation in the 2018 FIFA World Cup in Russia.The MRA, in a statement on Thursday, accused the federal government of failing to disclose the lists of Nigerian footballers, coaches, supporters, government officials and their aides who [...]

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    FG postpones closure of third mainland bridge till August

FG postpones closure of third mainland bridge till August

The federal government has postponed the closure of the third mainland bridge for maintenance test from July 27 to August 24.Babatunde Fashola, minister of power, works and housing, disclosed this in a statement issued on Tuesday.The bridge, earlier scheduled to be closed from July 27 to July 30, will now be shut to vehicular movement from  August 24 to August [...]

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    PDP describes Nigeria Air as a huge scam

PDP describes Nigeria Air as a huge scam

The Peoples Democratic Party (PDP) has accused the President Muhammadu Buhari administration of attempting to use the newly unveiled airline to siphon billions from the nation's treasury.At the Farnborough International Airshow on Wednesday, Hadi Sirika, minister of state for aviation, unveiled the logo and name of the new national carrier — Nigeria Air.He said the government will not own more [...]

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Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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