FG Commends EKSG On Environmental, Social Impact Assessment Of Projects

Federal Government of Nigeria has commended the efforts of Ekiti State Government at mitigating the impact of project activities on the environment and social-economic lives of the people of the State. The Minister for Environment, Barr Mohammed Abdullahi gave the commendation in Ado- Ekiti during a three-day panel review meeting of Environmental and Social Impact Assessment,…

Read More

SERAP Gives Okowa, Wike, Others 7 Days To Account For ₦‎625bn Derivation Refunds

Socio-Economic Rights and Accountability Project, SERAP, has urged the nine oil-producing states in Nigeria to provide and widely publish details of spending of the oil derivation refunds of N625 billion recently paid to them by the Federal Government, including details and locations of projects executed with the money. President Muhammadu Buhari-led Federal Government recently paid…

Read More

Political Parties Say Withdrawal Limits Will Cripple Campaign Funding

Political parties have kicked against the new cash withdrawal limits introduced by the Central Bank of Nigeria, stating that it could choke the political process. Parties including the Peoples Democratic Party, Social Democratic Party, Africa Democratic Congress and African Democratic Party contended that the policy would affect the fundraising required by the candidates to sustain…

Read More

Laolu Mudashiru Knocked Down And Killed By Hit-And-Run Driver In Ikoyi

Laolu Mudashiru, co-Founder and Deputy Managing Director of one of Nigeria’s top capital management companies, Vetiva Capital, is dead. The investment banker was knocked down by a hit-and-run driver at the Onikoyi End of Gerrard Road while cycling with two other professional cyclists, leaving them with serious injuries. Mudashiru and the two other cyclists were rushed to…

Read More

Debt Servicing To Gulp 123% Of 2023 Revenue

The World Bank has projected that debt servicing will gulp 123.4 per cent of the Federal Government’s revenue in 2023. This was according to a presentation made by the new World Bank Lead Economist for Nigeria, Alex Sienaert, in November 2022, which was obtained by our correspondent. The document was entitled, ‘Nigeria Public Finance Review:…

Read More