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NEWS

National, state assemblies to spend N724bn in 2024

The National Assembly and the 36 state assemblies of the federation as well as their agencies will spend about N724bn this year, an analysis of their 2024 budgets Further findings also showed that the salaries and allowances for federal and state lawmakers would cost the country about N50bn this year. This means that the federal and state governments earmarked N673.94bn for the national and state assemblies as well as their […]

todayMay 13, 2024 13

NEWS

Budget: FG to spend N837bn on 2,254 roads, bridges

The Federal Government is planning to rehabilitate and construct 1,925 roads and highways across the country in the 2024 budget proposal' The government also allocated N548.56b for roads construction in 2024, with the East-West and Benin-Akure roads getting N2bn and N3.75bn respectively. This is however separate from the N288.44bn allocated for the modernisation of 329 roads and bridges in the 2023 supplementary budget. If road projects in the supplementary budget […]

todayDecember 11, 2023 16

BUSINESS

Spend $150m Abacha loot on N’Delta, activist tells Tinubu

A Niger Delta rights activist, Ozobo Austin, has called on President Bola Tinubu to appropriate the $150m Gen. Sani Abacha loot to boost critical infrastructures in the Niger Delta region, saying “the money is part of the Niger Delta oil funds being stolen by Abacha.” Ozobo, in a statement on Wednesday, maintained that “no region but the Niger Delta should benefit from the money, and it would amount to injustice […]

todayNovember 9, 2023 86

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