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Presidency denies knowledge of missing N89trn stamp duty fund
Abuja, Dec. 14, 2022 – The Presidency has denied knowledge of any missing N89 trillion stamp duty fund leveled against some key officials of the federal government. Mallam Garba Sheu, the Senior Special Assistant to the President, made the denial in a statement in Abuja on Tuesday while responding to the allegation made by Gudaji Kazaure, a member of the House of Representatives’ Committee on Mismanagement or Embezzlement of Stamp Duty Funds. Kazaure had accused key officials of the federal government of cover-ups during the investigation into the alleged missing funds …
Taraba 2022: Nezianya seeks election as NOC PRO
Election By Peter EjioforLagos, Dec. 13, 2022 – Veteran journalist and sports administrator, Tony Nezianya, has appealed to delegates at the NOC election congress to vote for him to become the Public Relations Officer (PRO) of the august body. The NOC election congress is scheduled for December 15 in Jalingo, Taraba State Nezianya has been shortlisted with two others for the position. “I am your partner who you can trust to deliver the goods. With more than 34 years of public service experience at the News Agency of Nigeria (NAN), …
Qatar posts budget surplus of $8.2bn in Q3 of 2022 – Finance Ministry
Doha, Dec, 13, 2022 (Qatar News Agency/GBN) – Qatar posted a budget surplus of 30 billion Qatari riyals ($8.2 billion) for the third quarter of 2022, the Finance Ministry announced Tuesday. In its briefing on the actual data of Qatar’s budget in the third quarter of 2022, the ministry said that the total revenues for this quarter amounted to 81.8 billion riyals of which 76.3 billion riyals were oil and gas revenues, while non-oil revenues were estimated at 5.5 billion riyals. It indicated that the total expenditures in the same …
Cash withdrawal: Falana, PoS operators to sue CBN
Lagos, Dec. 13, 2022 – Mr Femi Falana, a Lagos-based lawyer, and operators of PoS (Point-of-Sale) machines, have threatened to sue the Central Bank of Nigeria (CBN) if it fails to withdraw its policy on limited cash withdrawal . The CBN introduced a new policy which fixed weekly cash withdrawal limit for an individual at N100,000 and N500,00 for a corporate entity. The policy, which will become effective on January 9, 2023, has generated criticisms, but the CBN has clarified that PoS operators can apply for a waiver. Falana on …
Ghana to borrow $3bn form IMF
Lagos, Dec. 13, 2022 (AFP/GBN) – Ghana has agreed on a $3 billion credit deal with the International Monetary Fund, the multilateral lender said on Tuesday, as the country battles its worst economic crisis in decades. The West African state is facing more than 40 percent inflation, growing debt and a sharp decline in its cedi currency since the start of the year.(AFP/GBN)
Tinubu is not from Lagos – Bode George
Lagos, Dec. 13, 2022 – Chief Bode George, a chieftain of the Peoples Democratic Party (PDP), says Chief Bola Tinubu, the Presidential Candidate of All Progressives Congress, is not an indigene of Lagos contrary to his claims. George, who spoke on Tuesday morning on Arise TV, said that Tinubu had yet to prove his Lagos roots beyond reasonable doubt, having failed to produce any evidence to support his claim. “Tinubu is not from Lagos State. You can quote me. If he says he grew up in Isale-Eko, which school did …
NOC Congress: Gumel and The Imperatives of Consolidating ANOCA
Congress By Peter Ejiofor Lagos, Dec. 13, 2022 – As the Congress of Nigeria Olympic Committee (NOC) holds in Taraba State on December 15th, 2022, delegates must look for ways of consolidating the gains the committee had made in sports development, especially at the continental level. What readily comes to mind is that development if it is to be sustained must be predicated on continuity, and one of such is consolidating on the continental Olympic Movement like the Association of National Olympic Committees of Africa (ANOCA). It then becomes clear …
2023 Polls: Politicians already buying PVCs – INEC
Abuja, Dec. 13, 2022 -The Independent National Electoral Commission (INEC) has accused politicians of buying-up permanent Voters Cards (PVCs) ahead of the 2023 general elections. According to INEC, two persons have already been convicted for illegal possession of PVCs in Sokoto and Kano states Mohammed Haruna, the INEC Acting Chairman and National Commissioner for FCT, Nasarawa, Kaduna and Plateau States, made the allegation in Abuja on Monday during the launch of the #YourVoteMatters# project by an election observer group, NESSACTION. “We are aware that some politicians are more or less …
Allow Nigerians abroad with expired passports return home – Comptroller General
Lagos, Dec. 13, 2022 – The Federal Government has directed relevant authorities to allow Nigerians abroad returning home with expired passports easy passage. The Global Business News (GBN) reports that the directive was borne by a letter from the Office of the Comptroller General, Nigeria Immigration Service, to the Minister of foreign Affairs last weekend, a copy of which was sighted by our correspondent. The letter read in parts: “the Federal Government has approved that Nigerians returning home can be admitted into the country with their expired Nigerian passports. “Consequently, …
Emefiele to appear before NASS on Thursday
Lagos, Dec, 12, 2022 – Mr Godwin Emefiele, the Governor of Central Bank of Nigeria, is to appear before the House of Representatives on Thursday. The house summoned the CBN last week following the debates on the new cash policy which set withdrawal limits for individuals at N100,000 a week and N500,000 for companies a week. The lower Chamber has also ordered the apex bank to suspend the policy given the presumed economic and social difficulties it might inflict on Nigerians. The apex bank governor has, however, said that the …