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spending

Reps query NDDC MD over N90.4bn extra-budgetary spending, 150 abandoned projects

By Henry Umoru & Tordue Salem The House of Representatives Committee on Public Accounts, yesterday, rebuked the acting Managing Director of the Niger Delta Development Commission, NDDC, Prof. Kemerbrandikumo Pondei, over N90.4billion extra-budgetary expenditure by the commission between 2009 to 2011. The committee, which is investigating audit queries issued to Ministries, Departments and Agencies, MDAs, […]

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After Spending Four Days In Police Custody, Magu Asks IGP For Bail

Ibrahim Magu A new report has indicated that the suspended acting chairman of the Economic and Financial Crimes Commission, Mr Ibrahim Magu, has applied for bail, following his ordeal at a special presidential panel where he is currently being investigated for fraud allegations. He made the application via a letter he sent on behalf of […]

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It’s not about Abacha stolen loot, it’s about transparency in spending of recovered loot — SERAP

By Olasunkanmi Akoni Socio-Economic Rights and Accountability Project, SERAP, has called for transparency in the spending of recovered Abacha loot rather than concentrating on the looted funds. SERAP’s Deputy Director, Mr Kolawole Oluwadare, said, “There is no doubt that Nigeria’s former dictator, Sani Abacha, stole about $5 billion of our commonwealth, according to Transparency International […]

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FG, CBN must provide spending details on COVID-19 relief funds, school feeding – SERAP demands

By Olasunkanmi Akoni Socio-Economic Rights and Accountability Project, SERAP, has asked the Federal Government and Central Bank of Nigeria, CBN, to provide spending details of public funds and private sector donations and other benefits during the lockdown in Abuja, Lagos and the Ogun States for Coronavirus, COVID-19 pandemic. SERAP demanded for the provision of socio-economic […]

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Shell cuts costs, slashes spending on virus turmoil

Shell Royal Dutch Shell said Monday it will slash costs and capital expenditure by billions of dollars due to the worsening coronavirus pandemic, which has sparked an oil price collapse. The Anglo-Dutch energy major announced in a statement that it will axe operating costs by $3.0-4.0 billion over the next 12 months, and will reduce […]

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Master’s student freed after spending two years in jail for rape he did not commit

27-year-old Osiphesona Ngcanga, whose life as an assistant lecturer of law at Nelson Mandela University (NMU) and as a maritime law master’s student was cut short due to a rape allegation against him, has regained freedom after proving his innocence. The Master’s student spent two years in St Alban’s Prison in Port Elizabeth after previously […]

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Update: Nigerian professor Chikaodinaka Nwankpa arrested for spending nearly $200k research funds on strippers

Chikaodinaka Nwankpa, a former Drexel University professor in Philadelphia, who spent federal grant money on strippers and made other ‘improper purchases’ has officially been arrested and is set to appear in court. The Nigerian professor was last week arrested and charged with two counts of felony theft for allegedly stealing $185,000 in research grant funds, […]

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Huge US spending deal clears Congress, heads to Trump

The United States Senate on Thursday passed a gigantic $1.4 trillion spending deal that pumps nearly $50 billion in extra funding into federal agencies and prevents a holiday-season government shutdown if President Donald Trump signs it as expected. The legislation — which easily passed in two parts in the Senate after clearing the House earlier […]

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Bomsmovement.com DailyWin Lets You Make Money Online In Nigeria Without Spending A Dime

This is a sponsored post ! Are you looking for how to make money online in Nigeria without spending a dime? Here is introducing, BOMSMOVEMENT #DAILYWIN. #DAILYWIN is a system that rewards, on a daily… [[ This is a content summary only. Visit our blog for the full content, other content, and more! ]]

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Don’t Start By Spending Money On Woman You Are Interested In – Joro Olumofin

Relationship Expert Joro Olumofin Relationship expert, Joro Olumofin, has penned an open letter to men about how to approach a woman they have an interest in. According to Joro, men should not show their interest by spending money or projecting cash or gifts to the women they are interested in. Read his full post below.  […]

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Spending VAT proceeds on recurrent expenditure counter-productive – Actionaid Nigeria

ActionAid also decried the high cost of governance in Nigeria and lent its voice to the call for a unicameral legislature. The post Spending VAT proceeds on recurrent expenditure counter-productive – Actionaid Nigeria appeared first on Premium Times Nigeria.

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