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Sunday, 17 December 2017 04:21

FAAC: FG, States, LGs share N610bn

Federation Account Allocation Committee (FAAC) distributed N609.95 billion to Federal, States and Local Governments as revenue generated in November. This is N77.25 billion more than what it shared in October, Mr Ahmed Idris, Accountant-General of the Federation said. Idris said that after the cost of collection deductions by FIRS, Customs and DPR, the Federal Government received N248.2 billion, representing 52.68 per cent; the states got N125.9 billion, representing 26.72 per cent and the 774 local councils received N97.06 billion, amounting to 20.60 per cent. According to Idris, oil producing states got N54.48 billion, which represents the derivation share of 13…
Sunday, 17 December 2017 04:15

Former SGF Gidado Idris buried in Abuja

Former Secretary to the Government of Federation (SGF), Mr Gidado Idris, who died on Friday night in Abuja, was buried at Gudu Cemetery in FCT on Saturday amid tears and prayers from families and the Muslim community. The former SGF died in Abuja at the age of 82 after a brief illness. The burial, concluded at around 3 p.m., was attended by Secretary to the Government of Federation (SGF), Mr Boss Mustapha and Chief of Staff to the President, Mr Abba Kyari, among others. Other dignitaries included the former Deputy President of Senate, Mr Ibrahim Mantu, former FCT Minister, Mr…
* Scientists are worrying that a deadly strain of malaria is spreading quickly across the world from Southeast Asia.* Simultaneously, Congress may cut 44% of malaria prevention funding which could lead to a dramatic increase in malaria deaths.* Malaria is constantly changing and has grown resistant to different forms of treatment over the years.* Malaria eradication is a tough task but malaria treatment and research must continue to be funded to keep it a goal. There has been growing hope in recent years that malaria could eventually be eradicated but that sense of optimism is currently facing some major new…
President Muhammadu Buhari Friday met with President of ECOWAS Commission and Chairperson of African Union Commission, at State House, Abuja, during which he emphasized the need for accountability and good neighbourliness in both the sub-region, and on the African continent. Receiving first Mr Marcel A. de Souza, president of ECOWAS Commission, Mr Buhari said it was gladdening that the organization was demanding accountability from its headquarters staff, which made it recently invite Economic and Financial Crimes Commission (EFCC) from Nigeria, to look into its books. "Thanks for being firm, and for insisting on transparency and accountability at ECOWAS headquarters," Buhari…
Saturday, 16 December 2017 03:40

Billionaire and wife found dead at their home

A Canadian billionaire and his wife have been found dead at their home in Toronto in circumstances that police described as "suspicious". The bodies of Barry Sherman and his wife Honey were found in the basement, reports said. Mr Sherman was the founder and chairman of pharmaceutical giant Apotex, which sells generic medicines around the world. He was one of Canada's richest men and a prominent philanthropist. Police gave few details and did not confirm the identities of the deceased. However, they were named locally by friends and by officials who reacted with shock at the news. "I am beyond…
Three hundred Nigerian doctors left the country in 2016, national president of Nigerian Medical Association (NMA), Mr Mike Ogirima, has revealed. He said more doctors had joined the migration train this year. He did not give any statistics, although it was learnt that 500 doctors sat for qualifying foreign medical examination preparing to move out. Ogirima made this revelation at the association’s National Executive Council (NEC) meeting held in Lagos. An estimated 35,000 Nigerian doctors are practising abroad, out of the 72,000 registered with Medical and Dental Council of Nigeria. United Kingdom and the United States are the top destinations…
North Korea's friends and enemies joined forces Friday in opposing its determination to be recognized as a nuclear weapons state and calling on leader Kim Jong Un to negotiate the denuclearization of the Korean Peninsula - but the North gave no sign of budging on its nuclear ambitions. In a very rare appearance by a North Korean at the U.N. Security Council, Ambassador Ja Song Nam told a ministerial meeting that the country's possession of nuclear weapons was "an inevitable self-defensive measure" to defend the country against "the U.S. nuclear threat and blackmail." Ja never mentioned the possibility of talks.…
Friday, 15 December 2017 03:13

Buhari returns to Abuja from Paris

President Muhammadu Buhari has returned to Abuja after participating at the “One Planet” summit in Paris, France. The president’s aircraft landed at the Nnamdi Azikiwe International Airport (NAIA), Abuja, at about 4:35 p.m. where he was received by senior government officials including his Chief of Staff, Mr Abba Kyari, and Minister of Federal Capital Territory, Mr Musa Bello. While in Paris, Mr Buhari appealed to the international community to support Nigeria’s commitment to reduce the negative effects of climate change. Buhari told participants that Nigeria could not implement its Nationally Determined Contributions without adequate financial, technical and capacity building support…
Governors from Nigeria’s 36 states have approved the withdrawal of $1 billion from the Excess Crude Account by the federal government to be used in the ongoing fight against Boko Haram insurgents in the North-east. This was revealed by Governor of Edo State, Mr Godwin Obaseki while briefing State House correspondents after the meeting of National Economic Council which held inside the council chamber of the Presidential Villa Abuja. The meeting was chaired by Vice President Yemi Osinbajo. Obaseki said the approval was announced during the 83rd NEC meeting by chairman of Nigeria Governors Forum, NGF, and Governor of Zamfara…
An Osun State High Court sitting in Ilesa has declared that the change of name of the state to ‘State of Osun’ by Governor Rauf Aregbesola is illegal, null and void. Delivering the judgment on Thursday, Justice Yinka Afolabi ruled that the law and its makers were unknown to 1999 Constitution. Delivering judgment which lasted more than one hour, the judge chided Mr. Aregbesola for deliberately and singlehandedly renaming the state, contrary to the known norms and the nation’s constitution. He also declared that the makers of the law, who are currently serving as members of the State House of…
November 25, 2024

From zero to $10 billion annual transactions: How Jiji became one of Nigeria’s e-commerce leaders

When Jiji launched in 2014, it entered a competitive e-commerce market in Nigeria, joining the…
November 24, 2024

PDP governors urge Tinubu to review economic policies amid rising hardship

Governors elected on the platform of the Peoples Democratic Party (PDP) have called on President…
November 24, 2024

Older adults opened up about things they ‘took for granted’ in their 20s and 30s

Last month, we wrote a post where older adults from the BuzzFeed Community shared things…
November 16, 2024

Influencer eats pig feed in extreme attempt to save money

Popular Douyin streamer Kong Yufeng recently sparked controversy in China by eating pig feed on…
November 22, 2024

FG excited as pro-Biafra agitator Simon Ekpa arrested in Finland on terrorism charges

Simon Ekpa, the controversial leader of the pro-Biafra faction Autopilot, was arrested by Finnish authorities…
November 25, 2024

Here’s the latest as Israel-Hamas war enters Day 416

Hezbollah rockets land near Tel Aviv after large Israeli strike on Beirut Lebanon's Hezbollah movement…
November 21, 2024

Nigeria comes top in instant payment system inclusivity index in Africa

Nigeria’s instant payment system is projected to advance to the maturity inclusion spectrum ahead of…
October 27, 2024

Nigeria awarded 3-0 win over Libya after airport fiasco

Nigeria have been awarded a 3-0 victory over Libya, and three vital points, from their…

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