AUGUST 22nd, 2017
- Hits: 92
FG Spent N1.3trn On Capital Projects In 2016 – Osinbajo
Vice President Yemi Osinbajo hinted yesterday that the federal government spent N1.3 trillion on capital projects from the 2016 budget appropriation.
Speaking at the2017 Nigerian Bar Association (NBA) national conference in Lagos, Osinbajo noted that the figure was the highest sum spent on infrastructure in the history of the country.
Details In Leadership Newspaper Page 1&6 Also in Nation Page 40
Fed Govt saves N41b from DisCos debt claims
The verification of the N67billion Ministries, Departments and Agencies (MDAs) debt claims, which the 11 electricity distribution companies (DisCos) submitted to the Advisory Power Team (ART) of the Office of the Vice President has saved the Federal Government N41,415,488,965.
Details In Nation Newspaper Page 11
Social intervention: Fed Govt set aside N1.6b for women
THE Federal Government has instituted a N1.6 billion National Women Empowerment Fund (NAWEF). It was in fulfilment of the All Progressives Congress (APC) campaign promise of better living standards for improved socio-economic growth.
Details In Nation Newspaper Page
FG Increases Local Content Fund to $200m
The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Mr. Simbi Wabote, Monday said the agency had obtained all necessary approvals to relaunch the Nigerian Content Intervention Fund (NCI Fund) and had increased the pool available for lending to qualified oil and gas players from $100 million to $200 million.
Details In This Day Newspaper Page 1&10
Govt agencies remitted N687.82bn operating surplus in nine years
Agencies of the Federal Government have remitted a total of N687.82bn to the Consolidated Revenue Fund in nine years, the Fiscal Responsibility Commission has said in a report.
Details In Punch Newspaper Page 25
Ben Bem Goong
Ag. Director Information