FG spends N825bn on travel allowances, stationery, others in 3 years —Finance ministry
Disclosing this, yesterday, Head of the Efficiency Unit, set up by the Ministry of Finance to streamline government overhead expenditure, Patience Oniha, said from the study of government overhead expenditure it carried out between 2012 and 2014, 60 per cent of Federal Government's overhead expenditure were, on the average, incurred through local and international travels, maintenance, local and international training, welfare, office stationery and consumables, honourarium and sitting allowance, meals and refreshment and books.
N855m alleged fraud: Keystone Bank officials for trial March 1
Justice Kudirat Jose of the Lagos State High Court in Ikeja, has fixed March 1 for the continuation of trial of some top officials of Keystone Bank (formerly Bank PHB), charged for conspiring to obtain N855 million by false pretence from an oil magnate, Sir Daniel Chuwudozie.
Dr Irene Damola burnt to death
A retired radiologist and the eldest child of late Ologbosere of Warri Kingdom, Chief O. N. Rewane, was yesterday burnt to death in an early morning fire in Lagos.
Technology startups to enjoy tax holiday— FG
Information Communications and Technology (ICT) industry across the country are to enjoy tax holidays and special intervention funds from the federal government.
Oliseh: Technical Committee members resign en masse
THE Technical Committee of the Nigeria Football Federation, made up of such eminent Nigerians like Christian Chukwu, Paul Bassey, Victor Ikpeba, Mutiu Adepoju and Garba Lawal have resigned their appointments.
NAFDAC approves local production of life saving drugs
The National Agency for Food and Drug Administration and Control, NAFDAC, has approved the production of four United Nations life saving commodities for women and children.
