Senate: Over N10 Billion Hidden In 2016 Budget…

The Senate committee on education on Monday, February 2, uncovered about N9, 982,258,479 hidden in the 2016 budget of parastatals by the Federal Ministry of Education. The huge discovery was made by the committee at the commencement of its 2016 budget defence stating that the amount was hidden in the ministry’s parastatals. Continue reading

FG declares French Compulsory For All Students…

Students from primary to tertiary institutions will henceforth learn French language compulsorily. The Minister of State for Education, Prof Anthony Anwukah, stated this in Abuja yesterday when the French Ambassador to Nigeria, Denys Gaver, paid him a courtesy call. Continue reading

CBN: You Will Now Pay N50 Each Time You Recieve Money…

The Central Bank Of Nigeria has directed Nigerian Banks to implement the “stamp duties” with immediate effect.  According to BN, “the FG is on a ‘revenue generation drive’. This will be part of many efforts to boost the Federal Government’s revenue base. As you are aware, oil prices (our major source of revenue) have been falling steadily for several months. This means that You, as the recipient, will be charged 50 Naira for receiving a transfer of over 1,000 Naira – electronically or via a bank teller. Continue reading