FEC Approves Another Rail Project

The Federal Executive Council (FEC) has approved N453.90 billion for the purchase of rolling stock, operational, and maintenance equipment for the ongoing under-construction Kano-Maradi standard gauge rail line. The Minister of Transportation, Mu’azu Jaji Sambo, disclosed this to State House Correspondents after this week’s Federal Executive Council meeting chaired by …

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N70TN Loot: Court Rules Against FG

The Federal High High Court sitting in Lagos has struck out the Federal Government’s suit seeking to recover and forfeit the sum of N70trillion it alleged was stashed in 29 bank accounts by some looters. Justice Peter Lifu held that the Federal Government’s lawyers and the private lawyers which it …

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Buhari Seeks Senate’s Confirmation for NDIC Board Member

President Muhammadu Buhari on Tuesday urged the Senate to screen and confirm seven nominees for appointment as chairman and members of the Governing Board of the Nigerian Deposit Insurance Corporation (NDIC). The Senate President, Ahmad Lawan, read President Buhari’s letter of request on the floor of the Senate during plenary …

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