Search This Blog

HOME

Wikipedia

Search results

Thursday, 20 December 2018

Nigeria’s Excess Crude Account Depletes 73% In Three Weeks - Politics -


Controversy trailed Wednesday’s revelation by the Federation Accounts Allocation Committee (FAAC) that the excess crude revenue account savings has been depleted to only $631 million within three weeks.

Barely three weeks ago, Minister of Finance, Zainab Ahmed, disclosed at the end of the committee’s meeting in Kaduna on November 25, 2018, that the balance in the account stood at about $2.319 billion.

It was not clear how about $1.688 billion, almost 73 per cent, left the account in a space of three weeks.

Excess Crude Account is a special account established to warehouse excess revenues from the prevailing crude oil price at the international market. Income generated above the approved crude oil benchmark price in the annual budget is saved in the account.
Withdrawal from the account is subject to the approval of the three tiers of government and the Executive Council of the Federation (FEC).

Video: Nigerian Pastor asks his members to pay £700 so he can spray them a perfume that will cancel spiritual odour

Video: Nigerian Pastor asks his members to pay ?700 so he can spray them a perfume that will cancel spiritual odour
A video of a Nigerian pastor asking his members to pay £700 so he can spray them a perfume that will cancel spiritual odour, is making the rounds online.
Watch it below and tell us what you think.


 
 
 
 
 
 
 
 
 
 
 
 
 
 
A post shared by LIB - Linda Ikeji Blog (@lindaikejiblog) on 

Buhari Votes N305bn For Petrol Subsidy In N8.83tn 2019 Budget - Politics

Says technical committee to advise on minimum wageImage result for Buhari Votes N305bn For Petrol Subsidy In N8.83tn 2019 Budget - Politics

APC, PDP trade words over heckling of president

Deji Elumoye, Onyebuchi Ezigbo, Shola Oyeyipo, Adedayo Akinwale, Mercy Apollos in Abuja and Nume Ekeghe in Lagos

The vexed issue of subsidy for petrol was a significant part of President Muhammadu Buhari’s presentation of 2019 financial estimates to the National Assembly Wednesday, with the president earmarking N305 billion, out of his proposed N8.83 trillion spending plan, for the essential commodity.

The president told the 469-member National Assembly at the House of Representatives Chambers that government would continue to subsidise fuel price in order to reduce its burden on the citizenry.

The president’s decision, is, however, likely to generate anxiety among the nation’s 36 governors, who had in recent times opposed subsidy deduction from the Federation Account, arguing that it had remained a shadowy drain on their monthly allocation.

SHIFT Nigeria Nationwide Job Recruitment (6 Positions) - Jobs/Vacancies -

SHIFT Nigeria is a non-partisan organization that builds support for transformative leaders in communities across the nation. We are Nigerians from all over the nation and around the world.

SHIFT Nigeria is recruiting to fill the positions below:



1. Volunteer, Communications (Nationwide)

Application Closing Date: January 7, 2019

Click Here to View Details





2. Volunteer Field Organizer (Nationwide)

Application Closing Date: January 7, 2019

Click Here to View Details





3. Volunteer Data Analyst (Nationwide)

Application Closing Date: January 7, 2019

Click Here to View Details



"Human right before animal right"- Gambian man declares as he and friends heartily enjoy meat of Hippopotamus killed in their village

 "Human right before animal right"- Gambian man declares as he and friends heartily enjoy meat of Hippopotamus killed in their village
A Gambian man, Mohammed posted photos of himself and friends eating the meat of Hippopotamus that was killed by a hunter in their village.
 
"Chef M. F. Sumareh is cooking and eating the meat of the controversial wild hippopotamus that was killed in my village, Kulari, URR, Gambia?? few days ago: 
The meat was so tasty that the people who ate it were very thankful and rated me as one of the best Chefs of the 21st century and the hunter as one of the best hunters of the 21st century. This is dedicated to all Kulari people, family and friends back home and diaspora.The hippopotamus meat party continues. #Human Right before Animal Right".
 
More photos below...
 
 "Human right before animal right"- Gambian man declares as he and friends heartily enjoy meat of Hippopotamus killed in their village

2019: Fertiliser Producers Donate N570m For Buhari’s Campaign - Politics -

President MUHAMMADU BUHARI, we want you to know that the real, true, good, honest and hardworking Nigerians are with you in this journey of taking our country to the land flowing with milk and honey.
We are solidly behind you as you take us to the NEXT LEVEL
.

We love you so much Your Excellency.


The Fertiliser Producers and Suppliers Association of Nigeria (FEPSAN) has donated N570million for the re-election bid of President Muhammadu Buhari of the All Progressives Congress (APC) ahead of the 2019 general elections.

This is the first public donation to President Buhari’s campaign. Buhari is yet to formally launch his second term campaign.

The President of FEPSAN, Mr Thomas Etuh, announced on Wednesday night during a Gala night organised by the Rice Farmers Association of Nigeria (RIFAN) at the Presidential Villa, Abuja.

At the event attended by President Muhammadu Buhari and a national leader of the APC, Asiwaju Bola Ahmed Tinubu, among others, Etuh said the money was contributions for the re-election of President Buhari.

Commending the President for turning around the fortunes of farmers in the country, FEPSAN president said from four before 2015, the country now has 30 fertiliser blending plants working at full capacity.

Narrating how he mistook call from the President’s Chief of Staff, Abba Kyari, for fraudster when he was first invited for a meeting at the Villa, he said President Buhari has turned around the fortunes of farmers in the country positively.

https://www.dailytrust.com.ng/2019-fertiliser-producers-donate-n570m-for-buharis-campaign.html

Who killed Air Vice Marshall Alex Badeh - Femi Fani Kayode asks

Who killed Air Vice Marshall Alex Badeh - Femi Fani Kayode asks
Read the press statement by Femi Fani Kayode below..
 
The sad and brutal assasination of the former Chief of Defence Staff and former Chief of Air Staff, Air Vice Marshall Alex Badeh, a day after President Buhari's birthday, is a despicable and cowardly act. 
 
Not only was he an officer and a gentleman but he was also a profoundly good man who was criminalised, humiliated and treated in a malicious and unacceptable manner by a vicious, malevolent and evil government that had targetted him for villification and destruction right from the start. 
 
Despite the fact that he was subjected to a well-orchestrated and relentless degree of persecution from the Buhari administration, he remained a believer in Nigeria and a heroic, courageous and unrelenting critic of tyranny, injustice and ethnic and religious subjugation till the end. 
 
He knew many of the Buhari government's excesses and secrets, he worked quietly against them from behind the scenes and, by his numerous actions and interventions, he saved the lives of many of his Middle Belt people. 

Featured post

UK's second richest man Sir Jim Ratcliffe purchases 25% stake in Manchester United after agreeing deal with Glazer family

The UK's second richest man, Sir Jim Ratcliffe has completed a deal worth £1.3 billion with the Glazer family to acquire a 25 per cent s...