December 2024 – Page 158

FG expenditure exceeds revenue by N4.5tn– Report

16.12.2024

The Federal Government’s expenditure exceeded its accrued revenue in the first six months of 2024, resulting in a budget deficit of N4.53tn, a new report from the budget office has indicated. The deficit spending was driven by a 73.91 per cent increase in its expenditure which moderated the impact of improved revenue receipt of N8.70tn...

How Azman ‘Smuggled’ Aircraft To Mahan Air, Undermining US Sanctions On Iran

16.12.2024

A Nigerian carrier, Azman, has been fingered in helping to bypass sanctions against the Iranian Aviation Industries by the United States Treasury Department by clandestinely supplying its aircraft. The Iranian government is believed to be seeking to exploit the decline of US and French influence in sub-Saharan Africa to increase its political, economic, and military...

N50bn required annually for slum upgrade – Minister

16.12.2024

The Minister of Housing and Urban Development, Ahmed Dangiwa, has said N50bn is needed annually to drive slum upgrade and urban development. He disclosed this during an engagement with the Special Assistant to the President on Policy and Coordination and the Head of the Central Results Delivery Coordination Unit, Hadiza Usman. The engagement with CRDCU...

FG to start rehabilitation of old facilities

16.12.2024

The Minister of Housing and Urban Development, Ahmed Dangiwa, has disclosed that rehabilitation of the joint buildings of the Ministry of Works and Housing, which is located at Tafawa Balewa Square, would begin this year. He disclosed this during a recent inspection of old facilities in Lagos State to be marked for rehabilitation. He said,...

Budget 2025: Declare Emergency On Niger Delta Roads, Clark Tells Tinubu

16.12.2024

Ahead of tomorrow’s presentation of the 2025 Appropriation Bill to the joint session of the National Assembly, the Leader of the Pan Niger Delta Forum (PANDEF), Chief Edwin Clark has sent a passionate appeal to President Bola Tinubu to declare an emergency on the deplorable state of roads in the South South region of the...

Unqualified entrants corrupting real estate sector

16.12.2024

The Senate committee chairman on housing, Aminu Tambuwal, has lamented the negative effect of the free entry into Nigeria’s real estate by some wealthy individuals who do so without qualifications. He stated this at the just-concluded 5th Lagos Real Estate Market Place Conference and Exhibitions, themed, “Reimagining Lagos Landscape: Ensuring Sustainable Real Estate Development Practices,”...

Badenoch: Draw Lessons To Shape Nigeria’s Future, CUPP Tells Politicians

16.12.2024

The Coalition of United Political Parties (CUPP) yesterday bemoaned negative reactions trailing the recent views expressed by the Leader of the UK Conservative Party, Kemi Badenoch, about Nigeria. National Secretary of the CUPP, Chief Peter Ameh, said, Badenoch’s remarks though not palatable to the ears, should be used by Nigeria politicians as an opportunity for...

Court orders Radix Pension to pay ex-MD N57m, $21m

16.12.2024

The National Industrial Court has ordered the Radix Pension Managers Limited to pay Kunle Adeboye, a former Managing Director of the PFA, the sum of N57.12m and $21m as a backlog of owed salaries, allowances and other several packages. In the Certified True Copy of the judgement seen by The PUNCH, the verdict was given...

Supreme Court Hears Fresh Suit Seeking To Sack Tinubu

16.12.2024

The Supreme Court will today hear a fresh suit seeking to sack President Bola Tinubu as the President of Nigeria. The fresh suit marked SC/ CV/667/2023 is praying the apex court to sack Tinubu on two major grounds of alleged non-qualification to hold office as Nigeria’s President and usurpation of the same office against the...

Personal care brand sensitises students to personal hygiene

16.12.2024

Personal care brand, NIVEA, has sensitised Nigerian students on the importance of personal hygiene, especially as they approach adulthood. A statement made available to PUNCH Online on Saturday, quoted the Marketing Activation Manager, Oluwadamilola Adeyemi, to have said that the company emphasised the significance of maintaining good health during its just-concluded SABI Personal Hygiene Drive,...

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I apologise for saying no heaven without tithe – Adeboye

04.10.2024

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

04.10.2024

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

04.10.2024

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...

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Latest News

FG expenditure exceeds revenue by N4.5tn– Report

How Azman ‘Smuggled’ Aircraft To Mahan Air, Undermining US Sanctions On Iran

N50bn required annually for slum upgrade – Minister

FG to start rehabilitation of old facilities

Budget 2025: Declare Emergency On Niger Delta Roads, Clark Tells Tinubu

Unqualified entrants corrupting real estate sector

Badenoch: Draw Lessons To Shape Nigeria’s Future, CUPP Tells Politicians

Court orders Radix Pension to pay ex-MD N57m, $21m

Supreme Court Hears Fresh Suit Seeking To Sack Tinubu

Personal care brand sensitises students to personal hygiene

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