The Federation Account Allocation Committee (FAAC) has disbursed N1.727 trillion among the Federal, State, and Local Governments for November 2024, following a surge in oil and gas royalties. The Honourable Minister of Finance and the Coordinating Minister of the Economy, Wale Edun presided over the committee. From the gross revenue of N3.143 trillion, the Federal Government received N581.856 billion, States got N549.792 billion, Local Government Councils received N402.553 billion, while N193.291 billion was allocated to oil-producing states as 13% derivation. The substantial revenue, driven by increases in oil and gas royalties and CET levies, underscores the government’s focus on strengthening…
Author: National Update
Former National Publicity Secretary of the All Progressives Congress (APC), Comrade Timi Frank, on Friday, in strong terms condemned the deafening silence of President Bola Tinubu over illegal mass demolition of houses by the Minister of the Federal Capital Territory (FCT), Nyesom Wike. Frank who made this condemnation in a statement in Abuja, urged the President to urgently call Wike to order and halt the demolitions or suffer the repercussion of the oppressive tendencies of the FCT administration during the 2027 presidential poll. Frank said: “Mr. President, say, so much has been going on with FCT since Wike took over…
In a bid to enhance local wheat production and reduce Nigeria’s dependency on imported wheat, the Federal Government has launched the National Agricultural Growth Scheme and Agro Pocket (NAGS-AP). The initiative, spearheaded by the Ministry of Finance, aims to strengthen the nation’s food security and promote sustainable agricultural development. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, announced the launch of the program in his office in Abuja on Friday, highlighting its significant role in driving economic growth and improving agricultural productivity. Director of Information and Public Relations, Mohammed Manga in a statement indicated…
By Friday Idachaba, Lokoja. TWO female students of the Federal University, Lokoja and Kogi State Polytechnic, Lokoja on Friday morning lost their lives in a ghastly auto crash at Felele area of Lokoja on the Lokoja-Abuja highway. The students, Covenant Omolola Isaac, a 200-level Geology student of the Federal University, Lokoja and Abu Taiwo Abimbola, ND II student of Science Laboratory and Technology student of the Kogi State Polytechnic, Lokoja lost their lives at about 10 am. An eye witness told newsmen that the accident occured when a heavily loaded articulated vehicle (truck) from Okene axis heading toward Abuja axis…
The Minister of State for the Federal Capital Territory (FCT), Dr. Mariya Mahmoud, has extended her heartfelt congratulations to the FCT Minister, Barrister Nyesom Wike, on the occasion of his 57th birthday. In a statement shared via her social media platforms, Dr. Mahmoud lauded Minister Wike’s visionary leadership and steadfast dedication to the development of the FCT and Nigeria at large. She commended his impactful contributions and expressed prayers for continued wisdom, strength, and good health in his service to the nation. The statement reads: “Today, we celebrate a leader whose unwavering commitment to the growth and transformation of the…
In his effort to improve infrastructure and connectivity within the region, the Senator representing Kogi East in the National Assembly Isah Jibrin (Echocho) has officially commenced the grading of the Ajakagwu/Okete road in Dekina Local Government Area, Kogi State. Special Adviser on Media to the senator, Mikail Ibrahim, in a statement indicated that the project is expected to ease transportation for residents, enhance local trade, and promote economic activities in Kogi East. Speaking at the inauguration, His Royal Highness, Alhaji Usman Obaje, praised Senator Echocho for prioritizing development projects aimed at uplifting the area. He emphasized that the road improvement…
The Federal High Court in Abuja has granted bail to former Kogi State Governor Yahaya Bello in the sum of ₦500 million over charges of alleged ₦80.2 billion fraud. The presiding judge, Justice Emeka Nwite, delivered the ruling on Friday, setting stringent bail conditions to ensure compliance. Bello’s bail terms included providing two sureties with landed properties in Abuja, who must also swear affidavits of means. The court directed that the properties and affidavits be verified by the deputy chief registrar. Additionally, Bello must deposit his international passport with the court. Justice Nwite underscored that the court’s decision to grant…
The Nigerian Senate, during its plenary on Thursday, urged the Federal Capital Territory (FCT) Administration to suspend all ongoing demolitions, except those sanctioned by court orders, pending the outcome of an investigations into the exercise. The resolution followed a motion raised by Senator Ireti Kingibe, representing the FCT. Senator Kingibe had expressed concern about the large-scale demolition of structures in Abuja, which she argued often disregards due process and inflicts significant hardship on residents. She cited the specific case of the Paul Osang Estate, a property allocated in 1984, currently under threat of demolition despite having valid title documents. While…
Niger State Governor, Rt. Hon. Umaru Mohammed Bago, has presented a budget estimate of N1,558,887,565,358.00 to the State House of Assembly for consideration for the 2025 fiscal year. The proposed budget is a significant increase from the N805.6 billion allocated for the 2024 fiscal year, reflecting a 48.32% rise. The 2025 budget proposal is divided into two main components: N196,335,361,443.00 (13%) for recurrent expenditure and N1,362,552,203,915.00 (87%) for capital expenditure. The budget will be funded through a variety of sources, including statutory allocations of N53.4b, Value Added Tax (VAT) revenue of N85.3b, Federation Allocation Account (FAAC) receipts totaling N236.9b, and…
By Ahmed Rufa’i, Dutse Medical experts in Jigawa State have identified community outreach as a highly effective method for promoting family planning and personal hygiene among women in rural and semi-urban areas. Deputy in Charge and Head of the Antenatal Care Unit at Madobi Primary Healthcare Clinic in Dutse, Hajiya Aisha Bala, disclosed in an interview with National Update. She noted that outreach efforts have significantly increased the number of women adopting family planning methods and understanding the importance of hygiene. “Community outreach allows us to engage women directly in their communities, creating a comfortable environment for discussions about family…