NEMA’s report. Following the recent insurgents’ attack on Baga, Kukawa Local Government Area of Borno State, which displaced many residents, the National Emergency Management Agency has delivered relief materials to internally displaced persons who are currently camped in Teachers’ Village, Maiduguri. While presenting the items to the Borno State Committee on IDPs, the North East Zonal coordinator, Muhammad Kanar said the items were meant to alleviate the suffering of the victims, and reiterated the agency’s readiness to continue providing support to persons in distress. He expressed sympathy for those that lost their loved ones and properties. Muhammad further…
Author: FRN News
Report from Ministry of Finance, Abuja. The Federal Government has reiterated its commitment to ensuring the growth and development of the insurance sector in line with the transformation agenda. The Minister of State for Finance, Ambassador Bashir Yuguda made this known at a meeting with Chairmen of Steering Committees set up at the recent insurance summit hosted by the National Insurance Commission (NAICOM). The Steering Committees, whose Chairmen are also chief executives of various insurance companies, were set up to articulate various issues that would bring viability to the insurance sector. The Minister said the vision of the…
(Report from Ministry of Power, Abuja). Minister of State Power, Mohammed Wakil has disbanded the Technical Committee on reconnection of Borno State and issued a 48 hour ultimatum for reconnecting the State to national grid.Wakil also directed the Transmission Company of Nigeria to speed up work on the 330/132/33 KV substation in Damaturu, which when completed will improve quality of supply to Borno and Yobe, declaring that “Borno should have three sources of power supply from the national grid.”Following marathon meeting on the black-out crisis, the Minister subsequently took direct charge of the reconnection efforts, insisting that Maiduguri must be…
(Report from Ministry of Works, Abuja). President Goodluck Jonathan has reassured Nigerians, especially those of the South East and South-South Geopolitical Zones that his administration will leave no stone unturned in the timely delivery of the 2nd bridge across the River Niger, linking Delta and Anambra States.The President stated this while on inspection tour of the on-going construction works at the Asaba end and the Julius Berger Yard at the Onitsha end very recently.President Jonathan expressed satisfaction at the level of work done so far, considering the flag-off date of March 10, 2014. He was impressed that all materials required…
Report from Office of the Accountant General of the Federation.The three tiers of Government: Federal, States and Local Governments have shared a total of N 580.378 Billion (inclusive of VAT) as Federal Allocation for the month of December, 2014. From the mentioned amount, the Federal Government got =N= 220.484billion (52.68%); the State Governments got =N=111.832billion ( 26.72 %) while the Local Governments got =N= 86.218 billion (20.60%) and the oil producing States got =N=47.221billion as 13% derivation revenue.According to the communiqué issued by the Federation Accounts Allocation Committee (FAAC) and signed by the Accountant- General of the Federation, Mr. Jonah Ogunniyi Otunla,…
Report from Office of the President’s Adviser on National Assembly Matters. Distinguished Senators have received the report of the Conference Committee on the Nigerian Social Insurance Trust Fund Act Cap N288 LFN 2004 Amendment bill 2015. The report which was presented by Senator Wilson Ake was laid on the table and later adopted by the Senators. The Senate also has received the report of the Conference Committee on the Federal Capital Territory Internal Revenue Board Bill, 2015. The report which was presented by Senator Smart Adeyemi was laid and adopted by the Senators. Two bills passed third reading…
Report from Office of the President’s Adviser on National Assembly Matters. The Appropriation bill has passed second reading at the Senate after an exhaustive executive session. The appropriation bill is a bill for an act to authorize the issue from consolidated revenue fund of the Federation the total sum of N4,357,960,000.00 ( Four Trillion, Three Hundred and Fifty Seven Billion, Eight Hundred and Forty Million Naira) only. Of this amount, the sum of N411,840,000,000 ( Four Hundred and Eleven Billion, Eight Hundred and Forty Million Naira) only is set aside for statutory transfers while N943, 000,000,000 (Nine Hundred and…
National Planning Commission’s report. The Minister/Deputy Chairman, National Planning Commission, Dr. Abubakar Sulaiman has said that the National Integrated Infrastructure Master Plan (NIIMP), apart from serving as a robust framework for Infrastructure Development, would also provide job opportunities, serve as investors guide and enhance economic growth. The Minister made the remark in Abuja on Thursday, January 15, 2014 at the inauguration of the Inter-Ministerial committee (IMC) on the Presidential Launch of the National Integrated Infrastructure Master Plan. According to the Minister, the NIIMP which is aimed at bridging the current infrastructure gap in the country, will through targeted…
Report from Ministry of Power, Abuja. Determined to correct past weak capacity of transmission in the Nigerian Electricity value chain, the Minister of Power, Chinedu Nebo (Professor) has tasked Chinese Companies to fill in the gap so as to boost the nation’s capacity to generate power to end users. The Minister, who identified the critical role of transmission during the signing of Memorandum of Understanding between the Ministry and the three Chinese companies recently in Abuja, said that it is needless if generated power cannot be used, hence it is important to strengthen the engine that would ensure that…
Report from Ministry of Power, Abuja. Minister of Power, Prof. Chinedu Nebo has said that continuing with President Goodluck Jonathan’s policies on power reform and the need to get rid of the sector’s menace of vandalism are issues critical to Nigeria’s quest for stable power supply. Nebo stated that Nigerians would have enjoyed much more stable power supply, if the activities of vandals blowing up pipelines had not increased in recent times. The Minister decried the situation which he said had become a trend for a long time now. He however, said the Federal Government was taking measures which include…