Daily Record

Debt servicing rises, gulps 72% of FG revenues

President Muhammadu Buhari; CBN Governor, Godwin Emefiele; and Minister of Finance, Zainab Ahmed Everest Amaefule, Temitayo Jaiyeola, Amarachi Orjiude and Sami Tunji 15 July 2021 • Debt servicing to revenue ratio jumped from 54.66% in 2019 to 72% in 2020 The Federal Government made a total of N3.25tn in 2020, …

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Lagos APC treasurer dies in US

Treasurer of the Lagos State chapter of All Progressives Congress, APC, Mrs Sumbo Ajose is dead. Recall that this came about four days ago when Nigeria lost another prominent citizen, popular hip hop artist, Olarenwaju Fasasi, otherwise known as “Sound Sultan,” who also died in the USA after months of …

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Reps probe NSITF MD, Akabogu, over fresh N17bn illegal transfer

The House of Representatives’ Committee on Public Accounts, on Tuesday, grilled the Managing Director of the National Social Insurance Trust Fund (NSITF), Michael Akabogu, over the transfer of a total of N17,158, 883,034.69 to persons and companies without payment vouchers and other supporting documents provided for audit. The Office of …

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Two soldiers die as troops repel suspected ESN attack at Enugu

Nigerian army. Photo/ facebook/NigerianArmy Nigerian Army troops deployed to checkmate the activities of gunmen at Adani community of Uzo-Uwani Local Government Area of Enugu State have repelled alleged Eastern Security Network (ESN) gun attack on troops’ location at Iggah/Asaba checkpoint. Army spokesman, Brigadier General Onyema Nwachukwu, said two soldiers were …

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