MINISTER of Finance, Dr Shamsudeen Usman, announced yesterday that the Federal Government had so far released the sum of N1,068,033,902,493 from the 2008 budget allocation to ministries, departments and agencies.
Written by Mohammed Abubakar, Lawrence Njoku, Emmanuel Badejo, Taiwo Hassan, Omobola Tolu-Kusimo
TODAY is the 365th day of the Umaru Musa Yar'Adua administration. And as Nigerians prepare to celebrate what is now known as Democracy Day tomorrow, the first-year has come under critical assessment by individuals and groups, some praising the President for a good and steady stewardship while others have expressed disenchantment and disappointment at what is generally perceived as his slow pace or even rudderlessness.
Why FG Released Money Before Budget Approval, By Usman
Written by Stanley Nkwazema
Minister of Finance, Dr. Shamsudeen Usman yesterday told House of Representatives joint committee that the Federal Government released N109 billion for capital expenditure before the 2008 Budget was signed into law to meet the exigencies of salary payment.
The President of the Senate, David Mark, on Wednesday dismissed fears over the Freedom of Information Bill, while assuring stakeholders that the bill would be passed was to strengthen democracy.
Zimbabwean police ban rallies, as President Mugabe rules out attending a summit on the post-election crisis. Read more..
4/11/08, Ban sa OFWs sa Nigeria- Pat A. Sto. Tomas»»
Para naman kay Ernie na nasa Bahrain at nais malaman kung papaano mag-renew ng kanyang Philippine drivers license na nawala pitong taon na ang
Read more..
4/11/08, Reps query 10 per cent work on Anambra, Imo power projects»»
T HE House of Representatives Committee probing the Power project contracts in the last eight years has discovered that virtually no part of the N15.5 billion contracts awarded in Anambra State has been ... via Guardian Newspapers
4/11/08, Obasanjo has lost nothing – Bode George»»
Immediate past deputy chairman of the Peoples Democratic Party, (PDP), and close ally of ex-president Olusegun Obasanjo, Chief Olabode George has expressed satisfaction with the conduct of last Saturday’s convention of the party, and the emergence of Prince Vincent Ogbulafor as chairman. Read more..
For the people of Ikot Abasi Local Government Area of Akwa Ibom State, Friday, February 22, 2007 could be regarded as a latter-day Christmas Day. Read more..
The current WBC heavyweight boxing champion, Samuel Peter, may now be pummeling all the Americans and Russians to submission, but he never liked fighting in his youthful days. Read more..
4/11/08, $16bn power probe: Obasanjo, Atiku rift hampered energy projects – Imoke»»
Former Minister of Power and Steel and now Governor of Cross River State, Senator Liyel Imoke on Monday blamed the crisis between former President Olusegun Obasanjo and his deputy, Atiku Abubakar for the poor result from power reform that gulped $16billion. Read more..
4/11/08, '$6.2b paid to unknown firms for power projects'»»
ANOTHER startling disclosure was made in Abuja yesterday by the House of Representatives Committee on Power and Steel which is investigating the huge amount of money spent on revitalization of the energy sector in the country between 1999 and 2007. Read more..
