….As Forced Commercial Sex Labour Accounts For 73% Of Profits A new report from the International Labour Organization (ILO) has revealed that forced labour in the private economy generates US$236 billion in illegal profits annually. The labour organization disclosed that the report’s findings indicated that the total amount of illegal profits from forced labour had […]
President Bola Tinubu has written to the National Assembly for the extension of the 2023 capital budget implementation timeline from March 31, 2024, to June 30, 2024. The Speaker of the House of Representatives, Hon. Abbas Tajudeen, read the letter from the President on Wednesday during the plenary session. According to the President, the extension […]
Residents and property owners in Committee on Resettlement and Development Layout, popularly called CRD, in Lugbe, along Airport Road in the Federal Capital Territory (FCT), Abuja, have sent a passionate plea to President Bola Tinubu to save them from threats by the Federal Capital Development Authority (FCDA) to demolish their homes and reallocate their lands […]
President Bola Tinubu on Monday removed the Executive Vice Chairman/CEO of the Federal Competition and Consumer Protection Commission (FCCPC), Mr. Babatunde Irukera, and the Director-General of the Bureau of Public Enterprises (BPE) from officer with immediate effect. The Special Adviser to the President (Media & Publicity), Chief Ajuri Ngelale, stated that the removal of the […]
BudgIT, one of the leading civic-tech civil society organizations championing transparency, accountability, and effective service delivery in Nigeria, has commended the Federal Government for taking a step toward transparency by publishing the 2024 proposed budget of Government-Owned Enterprises (GOEs) in the country. The CSO noted that the latest move by the government was partly in […]
Gallagher Re, one of the leading global reinsurance brokerage firms, has reported that as of January 1st, 2024, reinsurance renewals, U.S property catastrophe incidents increased by as much as 50% for loss-hit business, primarily driven by record severe convective storm (SCS) activity. In its just released ‘1st View Report’, which discusses an overall more stable […]
The Minister of Finance, Mrs. Kemi Adeosun, has said her ministry and the Office of the Accountant General of the Federation (OAGF) have continued to adhere strictly with the provisions of the Fiscal Responsibility Act (FRA)