Author: Joy Gyakyor
The Federal Government on Thursday said that it was conscious and strategic in deciding on the foreign exchange benchmark for the 2024 budget ,which was not based a spot rate, to avoid eventualities and uncertainties. Minister of Budget and Economic Planning Atiku Bagudu who disclosed this while speaking to State House correspondents explained that before arriving at the projected exchange rate of N750 to the dollar in the 2024 budget, which the National Assembly raised to N800 to the dollar, the government considered and viewed critically, the average performance of the naira. “For budgeting purposes. You don’t use spot rate of…
The Nigerian National Petroleum Company Limited (NNPCL) said it recorded a profit of N2.548 trillion in 2022. The spectacular result, is company’s highest since its inception in 1977. The result indicates a significant improvement of 277.8 percent increase over the N674.1 billion profit recorded in the 2021 financial year NNPCL in its 2022 Financial Performance Report posted online, said that it defied gravity in its operations to bounce back from the losses of N803 billion and N1.7 billion recorded in 2018 and 2019 respectively. READ ALSO: Re: Alia Govt Bandying fake figures to discredit Ortom The report noted that, 2020 recorded…
The Federal Government has commended Governor Hyacinth Alia for the support and cooperation of his administration that led to the successful launching of the Expanded National Micro Small And Medium Scale (MSME) clinics in Makurdi, the State capital, by Vice President Kashim Shettima. Senior special assistant to the president on job creation and MSMEs, office of the vice-president, Temitola Adekunle-Johnson stated this during tbe launch of the programme in Makurdi. “Your excellency, Governor Alia, once it was approved that Benue was going to host this clinics, we had no single challenge from the State and the organizers. The cooperation between the…
Benue State Governor, Hyacinth Alia on Tuesday declared that the greatness of the food basket state, in achieving any meaningful development lies in the unity of the people across all devide, including its leaders. The Governor while speaking with journalists after the visit of Vice President Kashim Shettima to Makurdi, the Benue State capital for the launching of the first expanded Micro Small And Medium Enterprises (MSME) clinics, said Benue under his administration was set for progress. “As a State, we owe it to the good people of Benue to be a unified force. We must have a common purpose…
—- flags off MSME clinics The Federal Government on Tuesday announced that it will within the next 90 days establish a world-class fashion hub in Makurdi, the Benue State capital, for use by small businesses in the tailoring cluster of the state. Vice President Kashim Shettima who disclosed this while launching the first expanded National Macro And Small Medium Enterprises (MSME) clinics, said, the indicative is part of President Bola Tinubu’s agenda to promote the development of small businesses across the country, with the view to growing the nation’s economy. “Mr. President: His Excellency, President Bola Ahmed, has unveiled…
Vice President Kashim Shettima is expected in Makurdi, the Benue State capital, this morning for the launching of the Expanded National Macro And Small Medium Enterprises (MSME) clinics, in line with President Bola Tinubu administration’s drive to supporting the growth of business spaces in the country. Governor Hyacinth Alia, whose election victory was on Monday affirmed by the Supreme Court, will be joined by key members of his cabinet at the Makurdi airport to receive the Vice President for the MSME launch, scheduled to take place at the IBB square in Makurdi. READ ALSO: Re: Alia Govt Bandying fake figures…
The Conference of Benue Journalists (CBJ), on Tuesday congratulated Governor Hyacinth Alia on his affirmation by the Supreme Court as the duly elected governor of Benue State in the March 2023 Governorship Election. CBJ in a statement by its President, Anule Emmanuel, PhD, said the verdict by the nation’s apex Court brought to an end the long legal tussle between the two main political parties in the State, the All Progressive Congress (APC) and the Peoples Democratic Party (PDP). The group however said the verdict had placed irrevocable legitimacy on the Alia led-administration to begin to deliver on good governance…
President Bola Tinubu on Sunday felicitated the Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL), Mallam Mele Kyari, as he marks his birthday January 8. The President in a statement by his Special Adviser on media and publicity, Ajuri Ngelale commended the diligence, passion, and expertise the foremost geologist brings to tasks as one of the longest-tenured chief executives in the history of Africa’s most valuable energy company. Tinubu said, “Mele is a man of action, rather than words. He is proactive in his approach. His ability to diagnose complicated problems with thoughtful and pragmatic solutions…
President Bola Tinubu on Sunday celebrated the Executive Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, as he marks his birthday on January 8. The President in a statement by his Special Adviser on media and publicity, Ajuri, extolled the fine defining qualities of the young first-class graduate of accounting who steadily rose through the ranks in public service by dint of hard work, loyalty, and competence, noting his service as the Commissioner of Finance in Oyo State at the age of 33; the CEO of the National Sugar Development Council (NSDC); Special Adviser to the President…
Benue State Governor, Reverend Father Hyacinth Alia, has ordered the suspension of the delegate primary election for the Guma 1 State Constituency, citing security concerns in the area. Chief Press Secretary to the governor, Tersoo Kula in a statement said the security of the state remains paramount. According to Kula, governor Alia while speaking in Makurdi said for a local government area that is already volatile, he will not allow the continuation of the exercise, as it could trigger more violence in the local government area and across the state. “The security of the state remain paramount to all of…