The Lagos State House of Assembly has commenced deliberation, probe and consideration of the 2022 Auditor General’s Report for Ministries, Departments and Agencies (MDAs) in the state. Chairman of the Public Accounts Committee (State), Hon. Kehinde Olaide Joseph said the exercise was to ensure that the committee’s statutory oversight is used as an antidote to financial recklessness by MDAs in …

A chieftain of the All Progressives Congress (APC) in Osun State, Hon. Olatunbosun Oyintiloye has expressed confidence in the capability of President Bola Tinubu to fix the country’s failing economy. In a chat with journalists on Sunday, in Osogbo, the state capital, Oyintiloye, who was in the now defunct APC Presidential Campaign Council, advised Nigerians to be patient and support …

Lagos State and EnterpriseNGR, are poised to make history as the first African participants invited to join the prestigious Lord Mayor’s Show’s 805th procession in London. The ground-breaking collaboration between Lagos State and EnterpriseNGR is built on their shared goal of positioning Lagos as Africa’s premier financial centre. To actualize this vision, Lagos State has inaugurated Lagos International Financial Centre (LIFC) …

The Presidency on Friday said France will return $150 million looted by former Nigerian military leader, General Sani Abacha, who died in office on 8th June 1998. In a statement, the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale said President Bola Tinubu commended the European country for the decision. Receiving the Minister of Europe and …

The Senate will, on Thursday, pass the N2.18 trillion 2023 Supplementary Appropriation Bill forwarded to it for consideration by President Bola Tinubu. As requested by the President in the letter read in the Senate during plenary on Tuesday, the request was given expeditious consideration. The budgetary proposals were debated, passed for a second reading, and the Committee on Appropriations mandated …

Nigerian Economic Summit Group (NESG) has launched the Ernest Shonekan Centre for Legislative Reforms and Economic Development with a focus on linking the nation’s legislature with the private sector to define pathways for economic growth. The chairman of NESG, Niyi Yusuf, said the centre provides a unique platform for the promotion of reforms to critical sectors of the economy. The …

The much anticipated federal budget proposal for 2024 will be presented to the National Assembly next month, according to the Chairman of the Senate Committee on Appropriation, Senator Solomon Adeola. After the inaugural meeting of the committee on Wednesday, Adeola, a member of the ruling All Progressives Congress representing Ogun West district, said that the National Assembly is expecting the Federal …

President Bola Tinubu on Tuesday in Abuja received the ‘Quick Win Report’ on fiscal policy and tax reforms from the committee tasked with improving the nation’s revenue profile and business environment. Responding to a presentation by the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Mr. Taiwo Oyedele, the President commended their work and assured them of …

Ekiti State Governor, Mr. Biodun Oyebanji has flagged off the distribution of the second phase of palliatives to the people of the state. This comes barely two weeks after the state government began the monthly transfer of N5,000 to indigent citizens in the state. Oyebanji said that the consumables comprising rice and maize to be distributed in the second phase …

The Federal Government, through the Ministry of Solid Minerals Development, will work with foremost consulting firm, PricewaterhouseCoopers (PwC), to execute the policies under the seven point roadmap to transform the sector. Receiving the PWC partner on mining, Mr. Habeeb Jaiyeola in his office, Minister of Solid Minerals Development, Dr. Dele Alake commended the company for its role in the just-concluded …