Author: Npo_report

The Ogun Government and Organised Private Sector (OPS) plan to sign a Memorandum of Understanding (MoU) on the construction of the Olokola deep sea port. Mr Lekan Adeniran, the Chief Press Secretary to the state governor, Dapo Abiodun, disclosed this in a statement on Wednesday. He said Abiodun made this known during a meeting with Chief Executive Officers of OPS in Abeokuta on Wednesday. The News Agency of Nigeria (NAN) reports that the sea port is located in the Ogun Waterside Local Government Area of the state. “The construction of the Olokola sea port will provide another opportunity for companies…

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By David Orji The Nigerian Institute of Social and Economic Research (NISER), is set to hold a one-day workshop, which is expected to examine the issue of the restructuring in Nigeria. The workshop is slated to hold on Thursday, December 2023 at the NISER Conference Hall. Those who are unable to attended physically are also enjoined to take part in the event via the online platform -https://niser.gov.ng/v2/niser-policy-dialogue-restructuring/ NISER is key player in the Nigerian social, economic, and political arena, and a premier thinking tank of the Federal Government of Nigeria, empowered to, among others, organise seminars and conferences on issues…

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By Halimah Olamide A Prosecution Witness has indicted former Governor of the Central Bank of Nigeria Godwin Emefiele as he alleged that 45 contracts awarded by the former governor did not go through the due process. Testifying before the trial court, Oluwole Owoeye, said any contact over the N10m threshold should go to the banks tenders committee for approval. Owoeye told the court that the process was circumvented leading to a breach in the contractual obligations of the contractors. This when the trial for the N1.2billion alleged Procurement Fraud came up on Tuesday. The witness had told the court, presided…

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By Kamil Opeyemi The opposition Peoples Democratic Party on Wednesday said President Bola Tinubu’s appropriations presented to the National Assembly is document in deception. NPO Reports that Tinubu had on Wednesday presented the 2024 appropriations bill before the joint session of the National Assembly. Describing the “Budget of Renewed Hope” as a “hopeless” document, the opposition party said it has no Mechanism for Economic Recovery. The party also accused the All Progressive Congress led government of strangulating Nigerians with N750 to one 1 US Dollar at official exchange rate. The party said the budget is a “huge disservice which, if…

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By Halimah Olamide President Bola Ahmed Tinubu on Wednesday stood before a joint session of the National Assembly presenting his N27.5trn appropriations for the coming fiscal year. Tinubu was welcomed into the join session by the leadership of both arms of the Legislature as he listed the major priorities of his budget christened Budget of Renewed Hope. In listing security, job creation, human capital development as areas of focus, Tinubu said Nigeria’s national defence and internal security, are some of the top priorities of the 2024 Budget of Renewed Hope. He said the nation’s internal security architecture will be overhauled…

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Gov. Ademola Adeleke of Osun has approved the payment of wage award to civil servants and pensioners in the state to mitigate the impact of subsidy removal. Adeleke made this known in a statement by his spokesperson, Mr Olawale Rasheed, and made available to newsmen on Wednesday in Osogbo. He said the action was in continuation of his avowed commitment to workers’ welfare and fulfilment of a pledge for the gradual rollout of palliative measures to cushion the effect of subsidy removal. “On the first day of my second year in office, I unveiled this wage award and reaffirmed our…

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The Vice President, Senator Kashim Ibrahim Shettima, GCON — The Senate President, Distinguished Senator Godswill Akpabio, GCON — The Right Honourable Speaker, Tajudeen Abbas — APC National Chairman, His Excellency, Abdullahi Umar Ganduje — Executive Governors here present — Distinguished Leaders and Members of the National Assembly — Secretary to the Government of the Federation — Chief of Staff to the President — Other Senior Government Officials here present — Gentlemen of the Press — Ladies and Gentlemen 1. In furtherance of my sacred duties and obligations as President of the Federal Republic of Nigeria, it is my honour to…

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An accountant with the Cross River state government was on Wednesday shot by gunmen within the premises of the Government secretariat. The accountant was reportedly returning from the bank when gunmen believed to have been on his trail from the bank caught up with him and shot him. They were said to have made away with a bag containing the money he had gone to the bank to withdraw. The spokesperson of the state Police Command, SP Irene Ugbo, who confirmed the story, said the victim was immediately rushed to the Naval Referral Hospital for medical attention. Ugbo condemned the…

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The Central Bank of Nigeria (CBN) has directed all its branches to continue to issue and accept all denominations of both old and redesigned Naira notes to and from Deposit Money Banks (DMBs). The Acting Director of the bank, Corporate Communications, Mrs Hakama Sidi-Ali, said this in a statement on Wednesday in Abuja. According to Sidi-Ali, the fresh directive is occasioned by Wednesday’s order of the Supreme Court granting the wish of the Federal Government to extend the use of old Naira notes indefinitely. The News Agency of Nigeria (NAN) reports that apex court ordered that the old versions of…

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A Federal High Court, Abuja has ordered Dr Betta Edu, the Minister of Humanitarian Affairs, Disaster Management and Social Development, to release details of how the sum of N535.8 million was expended on feeding of school children during COVID-19 lockdown. Justice Nkeonye Maha, in a judgment, directed the minister and the ministry to furnish a civil society group with parts of the information sought in line with Section 25(1) of the Freedom of Information (FOI) Act, 2011. Justice Maha held that the minister’s failure to respond to the group’s letter dated Aug. 6, 2020 or even give reason for the…

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