The Federation Accounts Allocation Committee (FAAC) has distributed a total of N1.411 trillion as revenue for October 2024 among the Federal Government, State, and Local Government Councils. The allocation was finalised at the November 2024 FAAC meeting held in Bauchi State, presided over by the Accountant General of the Federation, Dr. Oluwatoyin Madein. A communiqué…
The Senate on Wednesday passed a resolution supported by a two-thirds majority of its members urging President Bola Ahmed Tinubu to sack the Chairman of the Code of Conduct Tribunal (CCT), Danlandi Umar over alleged misconduct and negligence. The resolution of the Senate followed its consideration and adoption of a motion titled: “Invocation of the…
The Edo State Deputy Governor, Dennis Idahosa, has revealed that the former Governor of the state, Adams Oshiomhole, opposed the nomination of his son, Cyril, as Commissioner for Health-designate. GISTSMATE MEDIA reports that Governor Monday Okpebholo appointed Dr Cyril Adams Oshiomhole as Commissioner for Health-designate last Tuesday, according to a statement by his Chief Press…
The Coalition of Nigerian Youth Leaders (CONYL), the umbrella body of all the youth groups drawn across the six geopolitical zones has endorsed Seyi Tinubu for Governor of Lagos State in 2027. In a statement jointly issued in Owerri on Tuesday by the President General of CONYL Comrade Goodluck Ibem, the Secretary Comrade Junard Abubakar,…
GISTSMATE MEDIA reports that the Osun State Government has reportedly approved the sum of N75,000 as the new minimum wage for civil servants in the state. This was disclosed in a statement issued and signed by the state NLC chairman, Comrade Christopher Arapasopo and made available to the newsmen in Osogbo on Tuesday. The statement…
GISTSMATE MEDIA reports that Eric Odo, Chairman of Igbo Etiti LGA of Enugu state, has appointed Ezeugwu Ogbonna as senior special assistant on agriculture (yam and pepper). The appointment is contained in a letter dated November 1 and addressed to Ogbonna. “I am pleased to inform you that the executive chairman Igbo Etiti LGA has…
President Bola Ahmed Tinubu has urged the Senate to approve the National Social Investment Programme Agency Establishment Amendment Bill 2024. The bill, forwarded on Tuesday, seeks to overhaul the social welfare framework by designating the National Investment Register as the primary tool for identifying beneficiaries. In his correspondence to Senate President Godswill Akpabio and House…
President Bola Tinubu has written to the National Assembly, seeking approval for a fresh N1.767 trillion external borrowing plan to part-finance the budget deficit of N9.7 trillion for the 2024 budget. The Nigeria’s growing foreign debt obligations have been of concern lately, and this has been exacerbated by the liberalization of exchange rates, making loan…
The detained former governorship candidate of the Ogun State chapter of the Peoples Democratic Party, Ladi Adebutu regained his freedom early Tuesday morning after being invited and quizzed by the Department of State Services. His release was confirmed by his media aide, Afolabi Orekoya during a phone conversation with Channels Television. Adebutu’s release followed confirmation…
Minister of the Federal Capital Territory, Nyesom Wike, has directed the immediate payment of N70,000, the new minimum wage, for all administration staff. The move comes after President Bola Tinubu signed the new Minimum Wage Bill into law in May 2024, following months of negotiation with organized labour. The approval was announced in a statement…