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Udoma Udo Udoma

How Nigeria may exhaust her untapped oil reserves in 59 years, or earlier

ENDING half a century of unproductive exploration, in 1956, Nigeria discovered oil in commercial quantities in the Niger Delta. The industry has since grown...

Amaechi, Dalung… Ministers who hijacked foreign scholarships meant for ordinary Nigerians

ROTIMI Amaechi, former Governor of Rivers State and current Minister of Transportation, Solomon Dalung, Minister of Sports, and Audu Ogbeh, Minister of Agriculture, are...

FEC approves N458 million to hire economic consultant

The Federal Executive Council has approved the sum of N458 million for the hire of a consultant that will help in the implementation of...
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FG Releases Economic Recovery Plan, Focuses On Diversification

The Plan envisages that by 2020, Nigeria would have made significant progress towards achieving structural economic change with a more diversified and inclusive economy.

Again, Senate Rejects Buhari’s MTEF Document

The Senate on Thursday rejected the 2017-2019 Medium Term Expenditure Framework, MTEF, as well as the Fiscal Sustainability Paper, FSP, forwarded to the upper legislative chamber by President Muhammadu Buhari.

Senate Summons Budget Minister Over Budget Proposals

The Senate has invited the Minister of Budget and National Planning, Udoma Udo-Udoma to throw more light on the Medium Term Expenditure Framework, MTEF, which formed the basis for the formulation of the 2017 – 2019 budget proposals.
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Assets Sale Is To Fund 2016 Budget – Udoma

The Federal Government has said that the proceeds from the proposed sale of some of the country’s national assets would be used to fund the expenditure of government as contained in the 2016 budget.

Ministers Explain Strategies To Recharge The Economy

The Minister of Budget and Planning, Udo Udoma, and his Finance counterpart, Kemi Adeosun, on Friday explained the various strategies being adopted by the federal government to stabilise the country’s economy.

Recent

Lagos police parade sound engineer’s suspected killers

THE Lagos Police Command has paraded six persons over the death of a sound engineer, David Imoh. Imoh was killed...

NRC cancels resumption of Abuja-Kaduna train services

THE Nigerian Railway Corporation (NRC) has cancelled the planned resumption of train services along the Abuja-Kaduna route. The NRC announced...

FCT minister seeks Rotary’s partnership in campaign to end open defecation

THE Minister of State for the Federal Capital Territory, Ramatu Tijjani, has asked Rotary International District 9125, Nigeria, to...

Lagos court sentences Danish man to death for killing Nigerian wife, child

A LAGOS High Court has sentenced a 54-year-old Danish national, Peter Nielsen, to death by hanging for killing his...

ASUU denies rejecting new FUTA Vice-Chancellor

THE Federal University of Technology Akure, (FUTA) Chapter of the Academic Staff Union of Universities (ASUU) has denied reports...
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