Ekiti State Governor, Mr Ayodele Fayose has told the Federal Government to perish the thought of imposing the Treasury Single Account (TSA) on States, pointing out categorically that the Federal Government was not in the position to counsel or force any State to accept policies that are not working for those that introduced them. Governor Fayose said in a press statement issued on Friday, that “the Federal ...

Ekiti State Governor, Mr Ayodele Fayose has raised the alarm over the imminent collapse of the county’s economy, saying the President Mohammadu Buhari led All Progressives Congress (APC) government was yet to show any sign that it has any solution to the dwindling economy. The governor, who called on Nigerians to prevail on President Buhari to stay at home and govern the country, said it was the height of i ...

The Presidency has explained why it budgeted a whooping N3.219 billion for the upgrade of equipment and facilities at State House Clinic, even as it defended the N18.1 billion budget proposed for Aso rock villa in the 2016 fiscal year. It said that the N3.219 billion proposed for the clinic was meant for the completion of on-going projects as well as procurement of drugs and other medical equipment. State H ...

Ekiti State Governor, Mr Ayodele Fayose has urged President Muhammadu Buhari to save the country of the national embarrassment being caused by the 2016 Budget that he presented to the National Assembly by formally withdrawing the budget and representing it. According to a statement issued on Tuesday, the governor said “the President should admit that there were avoidable errors in the budget and since he is ...

Niger Delta militants in coastal communities of Brass Local Government Area of Bayelsa State continued their attack on oil pipelines belonging to the Nigerian Agip Oil Company following similar attacks on oil facilities in Delta state. ‎The explosion, said to have been triggered by dynamite attacks allegedly launched by suspected militants affected pipelines located in Orukari, Golubokiri and Kpongbokiri co ...

  The Senate has adopted the revised version of the 2016 budget estimates, following a letter by President Muhammadu Buhari to the Senate President, Abubakar Bukola Saraki, on the revised budget proposals. Saraki read the Presidential letter in plenary today, Tuesday. The letter personally signed by Buhari was dated January 15, 2016 and entitled: “2016 budget proposals.” President Buhari asked the Sena ...

Barely hours after a federal high court in Lagos issued an arrest warrant on ex-Niger Delta warlord, Government Ekpemupolo, alias Tompolo, over alleged multi-billion naira fraud, some ex-militants, suspected to be regrouping in the creeks for fresh hostilities, Thursday night, blew up a gas pipeline in Warri South-West Local Government Area, Delta State conveying gas from Escravos–Warri-Lagos-Abuja. The aff ...

Barely four hours after the Senate President Bukola Saraki virtually admitted that the 2016 budget document is missing and a report from a search team would be ready Thursday, Chairman, Senate Committee on Media And Public Affairs, Senator Aliyu Sabi Abdullahi has said that no statement made by any Senator during the plenary today can be interpreted to mean an admission that the 2016 budget is missing. He s ...

The naira continued its slide against the dollar at the parallel market today, Wednesday trading at N295 to the dollar. It was traded N290 to the dollar at the same segment in the nation’s commercial capital, Lagos on Tuesday. The naira exchange rate was, however, stable at N197 to the dollar at the official market on Wednesday. The naira has depreciated steadily since Monday when the apex bank stopped the ...

Senate President Bukola Saraki, today actually confirmed speculations that the 2016 budget document brought to the joint session of the National Assembly by President Muhammadu Buhari, on December 22, 2015 is missing from the Senate chamber. He however assured that a feedback from the committees assigned to look into reports of the missing document, will be ready tomorrow Thursday, January 14, 2016. Saraki ...