Governor Ibrahim Dankwambo of Gombe State on Friday presented a budget of N107.4 billion for the 2014 Appropriation Act to the state House of Assembly. Tagged “Budget of Restoration”, the governor said it was made up of a recurrent expenditure of N43.5 billion and N63.8 billion capital expenses. According to him, the budget is based on an estimated recurrent revenue of N50.8 billion and capital receipts of N55.8 billion, with an anticipated budget deficit of N678 million. Based on the budget breakdown, the recurrent revenue comprises N6.3 billion as internally generated revenue; N35 billion from statutory allocation and N2.5 billion…
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Governor Abdulfatah Ahmed of Kwara State said on Friday in Ilorin that the state government would give out N200 million in soft loan to artisans in the state in 2014. The governor stated this at the first anniversary of the establishment of Kwara State Joint Association of Commercial Motorcycle Riders. The governor assured members of the association that they would benefit from the revolving loan to be enjoyed by all small-business owners. “Today, as we celebrate the first anniversary of the Kwara State Joint Association of Commercial Motorcycle Riders, I am pleased to note that you have proven the cynics…
Equity transactions on the Nigerian Stock Exchange (NSE) opened after the holiday on Friday in an upward trend with the market indices growing by 0.94 per cent. The News Agency of Nigeria (NAN) reports that the All-Shares Index rose by 373.43 points or 0.94 per cent to close higher at 40,231.68 against 39,858.25 achieved on Tuesday, Dec. 24. The Market Capitalisation, which opened at N12.755 trillion, appreciated by N120 billion or 0.94 per cent to close at N12.875 trillion. An analysis of the price movement chart indicated that Nestle recorded the highest gain to lead the gainers table by N14.90…
The Maritime Workers Union of Nigeria (MWUN), has advised the Federal Government to review its planned policy on importation of rice. This advice is contained in a letter dated Dec. 27 and addressed to President Goodluck Jonathan. The letter, signed by the union’s President General, Mr Anthony Nted and the General Secretary, Mr Aham Ubani, said the review would also reduce smuggling of the commodity. NAN reports that the Government recently announced plan to stop the importation of rice by 2015 as part of efforts to ensure sufficiency in local production. The union said that many vessels conveying rice to…
The Enugu State Police Command has arrested a native doctor, from Umuopu Umueze in Igboeze North Local Government Area, for allegedly conniving with kidnappers in the state. This is contained in a statement signed by the command’s Police Public Relations Officer (PPRO), Ebere Amarizu on Friday in Enugu. The statement accused the native doctor of providing charms to the hoodlums whenever they wanted to carry out their nefarious activities. It said that the native doctor’s arrest followed confessions by some suspected kidnappers arrested in the state recently. “The group had confessed to the fact that they pay him N50, 000…
The Senator representing Kebbi south, Retired Maj. Gen. Muhammadu Magoro, has appealed to the Boko Haram sect to embrace dialogue in resolving grievances to fast-track development. Magoro told newsmen in Zuru on Friday that the continued violent agitation by the sect had retarded development in the north east and the country. He said without peace, meaningful development could not be achieved and called on members of the sect to embrace dialogue in order to resolve the crises. Magoro said that the present leadership of the country was desirous of development. He urged security agencies not to relent in the fight…
Lebanese national, Mr Hassan Zaid, who was kidnapped on Monday by unknown persons, has been released by his abductors. This is contained in a statement issued on Friday in Kano by the Police Command in Kano and signed by the command’s Spokesman, ASP Magaji Majia. “Mr Hassan (Zaid) was found by a team of policemen abandoned on the outskirts of Sharada (area of Kano) unhurt,” the statement said. It added that Zaid had reunited with his family and that the search for the perpetrators continued. The News Agency of Nigeria (NAN) recalls that Zaid was kidnapped on Monday by unknown…
Governor Babangida Aliyu of Niger says the ban on the operations of commercial motorcyclists in Minna, the state capital, has come to stay. A statement signed by the Chief Press Secretary to the governor, Mr Danladi Ndayebo, restated the resolve of the state government to enforce the state’s traffic law with effect from Jan. 2, 2014. The statement, a copy of which was made available to the News Agency of Nigeria (NAN) on Saturday, in Minna, said that adequate arrangements had been made to cushion the effect of the ban. It, however, said that the state government had procured 1000…
Voters across Yobe today turned out in large numbers to cast their votes to elect Chairmen and Councillors of the 17 Local Government Councils in the state. News Agency of Nigeria (NAN) correspondent who visited some polling booths in the capital Damaturu as well as some local government areas reports that scores of people lined up at the various polling booths as ealy as 7 a.m. to accredit and cast their votes. NAN correspondent, who also visited Bamari, Kalalawa, Ajeri, Gaidam and Bukarti towns, also reported large turnout of voters. There was, however, heavy security presence in all the polling…
A socio-cultural group, the Igbomina Development Forum, on Saturday rallied support for President Goodluck Jonathan in his bid to tackle the nation’s challenges. The group, at a forum organised at Agbamu, Irepodudun Local Government Area of Kwara, also called for participatory politics and internal democracy in parties to strengthen the nation’s democratic institutions. The forum, which was organised by Mrs Shola Adedoyin-Adeoti, a business magnate and community leader, appraised the current socio-political developments in Kwara and urged the Igbomina “ to work for their political emancipation.’’ Adedoyin-Adeoti urged the Igbomina ethnic stock to work for the development of the area,…