Minister of Agriculture and Rural Development, Chief Audu Ogbe has said that Indorama Fertilizer is very important to achieve the Federal Government’s Agricultural Transformation Agenda, aimed at boosting food production across the country. The Minister who visited Indorama’s world-class fertilizer plant in Port Harcourt on Wednesday said that the Federal Government will help to tackle…
The attention of the Bayelsa State Ministry of Finance has been drawn to a publication on one of the National Newspapers that a Revenue Consultant has taken all the 36 States and the Governors’ Forum to court with the claim that it handled the Paris Club over-deductions from states accounts as the primary consultant and…
Bayelsa, Akwa Ibom and Rivers states have filed a suit at the Supreme Court against the Federal Government to challenge the loss of N500 trillion in oil revenue. The plaintiffs are praying the apex court to compel the Federal Government to implement Section 162 of the 1999 Constitution as it relates to oil revenue generation…
Former Vice-President Atiku Abubakar says Nigeria will continue to grapple with the crisis of severe and debilitating socio-economic problems unless it gets the structures of the federalism and governance right. Atiku stated this in a paper titled; “The Challenge of Unity, Diversity and National Development: Nigeria at a Crossroads’’, which he delivered at the formal…
Managing Director and Chief Executive Officer of the Niger Delta Development Commission, NDDC, Mr. Nsima U. Ekere is leading a strong delegation to this year’s Oil Technology Conference to explore partnership opportunities in modular refineries for the Niger Delta region The conference, which is holding in Houston, United States, holding May 1- 4, will bring…
A total of N467.807 billion was shared yesterday among the three tiers of government for last month by the Federation Accounts Allocation Committee (FAAC) . According to the Accountant-General of the Federation (AGF), Ahmed Idris, the gross statutory revenue of N331.583 billion received for the month was higher than last month’s N290.163 billiion by N41.420…
Fayose made the accusation in reaction to the statement credited to the minister of information and culture, Lai Mohammed, that looters have resorted to burying stolen funds in their backyards, deep forests and burial grounds. The governor in a release on Monday, April 17, by his special assistant on public communications and new media, Lere…
Bayelsa State Governor, Hon. Seriake Dickson has signed the 2017 Appropriation Budget of N243.2 billion and the Educational Development Trust Fund Amendment Bills into law. Assenting to the two bills in Government House, Yenagoa, Governor Dickson said the budget, which is christened, “Budget of repositioning for Consolidation” was aimed at completing various on-going projects in…
The chair of parliament’s international development committee has called for the government to make clear what it is doing to investigate a $1.3 billion oil deal signed by Shell and Italian oil company ENI in Nigeria. The call comes after BuzzFeed News and the Italian newspaper Il Sore 24 Ore published “Shell Shocks”, a cache…
The Trump administration is closing a $600 million deal to permit the sale of a dozen highly sophisticated turboprop fighter planes to Nigeria to combat the Boko Haram Islamic terrorists despite the Nigerian air force’s repeated bombing of civilian targets. Within the next few weeks, the White House is expected to formally notify Congress of…
