Tag: $1bnTag: <span>$1bn</span>

The Late 5: Presidency says approval of $1bn for purchase of weapons is not final, US sanctions seven Russian oligarchs, and other top stories

These are the top five Nigerian stories that drove conversation today. President of the Senate, Bukola Saraki, has described the coordinated bank robbery in Offa, Kwara State, which left several…

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Speech

Lai Mohammed has a detailed explanation for critics of $1bn security fund

The Federal Government has described those criticising the approval of $1bn for the fight against insurgency and other violent crimes in the country as uninformed and partisan. Minister of Information,…

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Governor Udom just found his voice to criticise the $1bn for fight against Boko Haram

Akwa Ibom governor, Udom Emmanuel has kicked against the withdrawal of $1 billion from the Excess Crude Account to fight Boko Haram terrorists. Background: The decision to withdraw $1bn from…

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Niger Delta militants are not happy with Buhari over planned withdrawal of $1bn to fight Boko Haram

A coalition of Niger Delta militants on Thursday accused President Muhammadu Buhari of double standards in the handling of security issues in the country. The militants are not happy with the…

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SERAP

Nigerians need to know what $1bn will be used for | SERAP tells Buhari

The Socio-Economic Rights and Accountability Project (SERAP) has advised President Muhammadu Buhari not to allow the mismanagement of anti-insurgency funds like the previous administration. Background: State governors had approved the withdrawal…

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I have spent N3.2bn helping children…Allow my mother rest in peace | Patience Jonathan tells EFCC

Patience Jonathan, wife of former President Goodluck Jonathan has dismissed an allegation by the Economic and Financial Crimes Commission that she used her foundation, Aruera Reachout Foundation to launder stolen funds.…

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Cash-strapped Zimbabwe to build $1bn Mugabe university

Zimbabwe on Wednesday announced its plan to build a $1 billion university to honour its 93-year-old President, Robert Mugabe. “Cabinet has approved the establishment of the Robert Gabriel Mugabe University,”…

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Trump asks for $1b for first 62 miles of his border wall

by Itunuoluwa Adebo The Trump administration wants the first $1 billion of border wall funding to cover 62 miles including the replacement of existing fencing along the southern border. The…

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FG agrees to pay N1bn budget fund – Fayose

by Dolapo Adelana Ekiti Governor Ayodele Fayose says the Federal Ministry of Finance has reversed its decision over the N1billion Budget Support Facility for the month of January this year…

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Ogoni clean-up to cost $1bn – Osinbajo

Ag. President, Prof. Yemi Osinbajo Monday said it would require $1bn to clean-up Ogoni land. Osinbajo, stated this when he met with leaders of oil-producing communities in the Niger Delta…

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Presidency, N’Assembly reach decision on $1bn loan

The Presidency and National Assembly have reportedly reached a decision to allow the government take $1billion Euro bond. The deal was reached during a meeting between acting President Yemi Osinbajo,…

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Boko Haram: Victims need $1bn aid in 2017 – UN

The United Nations on Friday said $1bn was needed for the provision of aid to victims of Book Haram terrorism in Northeast Nigeria in 2017. UN Deputy Humanitarian Coordinator Peter…

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The Late 5: These are the stories that drove conversations today

These are the top five stories that drove conversation today. Court grants ex-FCT minister, Bala Mohammed bail The former Minister of the Federal Capital Territory, Bala Mohammed was granted bail…

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FG spent $1bn on kerosene subsidy last year – Osinbajo

Vice President Yemi Osinbajo on Tuesday said Nigeria spent $1bn as subsidy on kerosene last year. Osinbajo said this while speaking at the Domestic Liquified Petroleum Gas Stakeholders’ Forum in Abuja. He…

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Alleged sex scandal: Exonerated lawmakers to sue US govt. $1bn

The three House of Representatives members who were accused of sexual misconduct by former U.S. ambassador to Nigeria James Entwistle are set to sue the U.S. government for $1bn in…

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