Tag: FG
‘Nigeria A Scene Of Corruption’, Obi On Alleged N7tn Budget Padding
Politician and former governor of Anambra State, Peter Obi, has criticised the Federal Government over an allegation of N7 trillion budget fraud recently reported by BudgIT. The civic-tech organisation promoting budget transparency and accountability in Nigeria and other African countries said Tuesday that it uncovered 11,122 projects worth N6.93 trillion that were inserted by the…
BREAKING:FG Meets With Dangote Officials, Says Naira-For-Crude Still In Effect
Nigerian Government on Wednesday announced that the sale of crude oil in naira to Dangote and other refineries in Nigeria will continue as long as the initiative aligns with the public interest and supports national economic objectives. The decision to continue with the initiative, which initially came to an end on March 31 this year,…
FG Rubbishes Obasanjo’s Comment On Lagos-Calabar Coastal Highway Project
The Minister for Works, David Umahi, has declared that the Lagos-Calabar highway project is neither a wasteful nor corrupt venture. Former President Olusegun Obasanjo had described the N15.6tn Lagos-Calabar Coastal highway project as wasteful and corrupt. The former President disclosed this in Chapter Six of his new book, ‘Nigeria: Past and Future’ where he painted…
FG Files Criminal Charges Against Binance
The Federal Government has launched legal action against Binance, a leading cryptocurrency exchange platform, on allegations of tax evasion. These charges were filed at the Federal High Court in Abuja and were announced on Monday by the Federal Inland Revenue Service (FIRS). The lawsuit, identified as suit number FHC/ABJ/CR/115/2024, accuses Binance of four counts of…
Reps Urge FG to Distribute Food from Grain Reserve to Nigerians
On Tuesday, the House of Representatives pressed the Federal Government to promptly unlock the grain reserves and provide grains to disadvantaged Nigerians, aiming to address the widespread hunger in the nation. The representatives underscored the urgency of the matter, emphasizing the need to alleviate food scarcity across the country. This decision stemmed from the approval…