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Senate Okays N4.493trn 2015 Budget

SAN FRANCISCO, April 28, (THEWILL) – About five months after it was presented by the Minister of Finance/Coordinating Minister for the Economy, Dr. Ngozi Okonjo-Iweala, the Senate, Tuesday, passed the 2015 budget . However, the N4.493trn 2015 budget was N51bn...

Boko Haram: Nigerian Troops Rescue 200 Girls, 93 Women From Sambisa Forest

SAN FRANCISCO, April 28, (THEWILL) – Federal troops on Tuesday afternoon rescued 200 girls and 93 women from the Sambisa forest, the last stronghold of the Boko Haram in Borno State. Nigeria’s Defence Ministry tweeted that “Troops captured and destroyed...

Nigeria Suspends Foreign Ministry’s Perm Sec Over Unauthorised Recall Of Envoy From South Africa

SAN FRANCISCO, April 28, (THEWILL) – President Goodluck Jonathan has suspended from office the Permanent Secretary, Ministry of Foreign Affairs, Ambassador Danjuma Sheni, over the unauthorized recall of Nigeria’s two top diplomats in South Africa following the xenophobic attacks...

Naira Falls Again To N221-$1

BEVERLY HILLS, April 28, (THEWILL) – The Nigerian naira has failed to hold on to its strong post election gains recorded immediately President Goodluck Jonathan conceded defeat to opposition candidate General Muhammadu Buhari. The naira on Tuesday at the parallel...

Borno Spends Over N30bn On Agric, Seeks Further Assistance

BEVERLY HILLS, April 28, (THEWILL) – The Borno State Government said it had spent over N30bn on massive agricultural programmes to boost food production and create employment opportunities in the sector. These, it said, were aimed at providing a lasting...

Nigeria’s Oil Audit Presents Confusing Picture Of A Broken System

Nigeria runs on oil: The government of Africa’s largest economy makes three-quarters of its revenue from crude. The question for Africa’s biggest oil producer is, how much of that money makes actually makes it into the government’s bank account, without...

Nigeria Oil Firm Overpaid Goodluck Jonathan’s Government

An audit has found that Nigeria's state oil company overpaid the government $750m (£490m), at a time when it was accused of massive corruption. The audit followed allegations in 2013 by then-central bank chief Lamido Sanusi that the company had...

Okowa Inaugurates 98 Members Committees, Assures Of Seamless Transition In Delta

BEVERLY HILLS, April 28, (THEWILL) – The Governor-elect for Delta State, Senator Ifeanyi Okowa, has inaugurated three committees comprising 98 Deltans for a smooth transition process. Speaking at the inauguration committee at Government House, Asaba, Senator Okowa informed Deltans that he...

AIT Ban: PDP Warns On Media Suppression

… Says It’s Dangerous For Democracy BEVERLY HILLS, April 28, (THEWILL) – The Peoples Democratic Party (PDP) has described as unacceptable Monday’s directive by the President-elect, Gen. Muhammadu Buhari, to bar a television house, Africa Independent Television (AIT), from covering...

Explosion At Radio Station In Central Nigeria Kills Four: Police

An improvised explosive device detonated at a radio station in the central Nigerian state of Kogi Monday night killing at least four people, police said on Tuesday. It was unclear whether the attack on the local language Ta'o FM station...

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