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PRESIDENT MUHAMMADU BUHARI
The House of Representatives has postponed President Muhammadu Buhari’s request to borrow $22.79 billion indefinitely.
Federal Government had placed liens on N6 billion of assets which are being investigated in relation to contractors and former directors of the NDDC.
With the crash of crude oil price, everal infrastructural projects earlier scheduled for take-off in the first quarter of 2020 would be stalled.
The DG of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, has stated that equity financing is the way out of Nigeria’s debt.
President Buhari has approved the appointment of Rt. Hon. (Engr) Victor Ochei as the New Executive Director of Maritime Labor and Cabotage Services in NIMASA.
President Muhammadu Buhari has written to the House of Representatives to seek amendments to the Finance Act recently passed by the National Assembly.
The Federal Inland Revenue Service (FIRS) has announced the commencement of its plans to deploy technology in collection of government revenue.
The Federal Government has commissioned N364 billion locally-assembled vehicles through collaboration with the NADDC.
About 2.2 million pre-registered or partially registered sim cards across telecommunication networks nationwide have been deactivated by NCC.
The Chairman of FIRS, Muhammad Nami, has projected that about N4 trillion would be generated from the extractive sector in 2020.
President Muhammadu Buhari’s request to borrow $22.7 billion has been approved by the Senate.
Zainab Ahmed has disclosed that FG would review the 2020 Budget and make some adjustment as Coronavirus outbreak impacts crude oil revenues globally.