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Federal Government Declares December 24, 25, 28 As Public Holidays

BEVERLY HILLS, December 22, (THEWILL) – The Federal Government has announced December 24, 25 and 28 as public holidays to respectively mark Eid-El-Maulud, Christmas Day and Boxing Day. The Minister of the Interior, Lt.-Gen. Abdulrahman Dambazau (rtd), who made this...

Buhari Presents N6.08trn Budget For 2016, Says Petrol To Sell At N87 ‘For Now’

SAN FRANCISCO, December 22, (THEWILL) – President Muhammadu Buhari on Tuesday presented a budget of N6.08 trillion for 2016 to a joint session of the National Assembly, maintaining that the oil benchmark would have to be $38 per oil...

Full Text Of President Buhari’s 2016 Budget Address

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PROTOCOLS I am honoured and privileged to present the 2016 Budget proposal. This is my first address before this joint session of the National Assembly. I have come here today, not only to address members of the National Assembly, but...

Kachikwu Deploys NNPC Staff To Monitor Product Sales

NNPC officials have been deployed across the country to monitor the supply and sale of petroleum products. Minister of State for Petroleum, Ibe Kachikwu who gave the directive, said that any marketer found hoarding petrol or found to be selling...

Presidential Anti-Corruption Committee Advises Jonathan To Confess His Sins To Buhari

SAN FRANCISCO, December 22, (THEWILL) – Chairman of the Presidential Advisory Committee on anti-corruption, Prof. Itse Sagay SAN, has called on the immediate past President, Goodluck Jonathan, to seek an audience with his successor, Muhammadu Buhari, and confess all...

Manufacturers Advise CBN To Stop Funding BDCs

SAN FRANCISCO, December 22, (THEWILL) – The Manufacturers Association of Nigeria, MAN, yesterday advised the Central Bank of Nigeria, CBN, to stop funding Bureau de Change, BDC, operators, stressing that the operators should independently source their forex needs from...

FEC Approves Review Of Taxation Laws

SAN FRANCISCO, December 21, (THEWILL) – The Federal Executive Council (FEC), on Monday in Abuja, approved the review of extant taxation laws to address the inadequacies in the nation’s current tax regime. The Minister of Information, Alhaji Lai Mohammed, made...

MTN Explains Why It Sued NCC Over Huge Fine

BEVERLY HILLS, December 21, (THEWILL) – MTN Nigeria has stated that its commitment and belief in the long- term sustainability of the business was one of the drivers of the company’s decision to seek judicial determination in line with...

NDDC: Buhari Sacks Dan-Abia, Appoints Ibim Semenitari

SAN FRANCISCO, December 21, (THEWILL) – President Muhammadu Buhari has removed the Eket-born (Akwa Ibom State) Bassey Dan-Abia as managing director of the Niger Delta Development Commission (NDDC). In his place, the President named Ibim Semenitari, the immediate past commissioner...

Looting Of Funds Meant For Arms Procurement Landed Nigeria ‘In Crisis’- Buhari

BEVERLY HILLS, December 21, (THEWILL) – President Muhammadu Buhari has noted that the siphoning of funds meant for the procurement of arms to boost the military’s onslaught against Boko Haram insurgents under the immediate past administration is responsible for...