Thursday, October 18, 2018
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Chibundu Peter Anayo


FG Okays Issuance of $2.8bn Eurobond To Fund 2018 Budget

Sunday Ode, Abuja

The Federal Executive Council (FEC) has approved the issuance of $2.8billion eurobond to fund capital projects in the 2018 budget.
This was disclosed by the Minister of Finance, Zainab Ahmed Wednesday after weekly FEC meeting presided over by President Muhammadu Buhari,at the Presidential Villa, Abuja.

Ekiti debt not N170bn, Fayemi preparing grounds for impending failure

Johnson Ojo, Ado Ekiti

The immediate past Governor of Ekiti State, Mr. Ayodele Fayose has insisted that his administration did not commit the State to any financial institution in form of bonds and commercial loans,describing claim by Governor Kayode Fayemi that the State was indebted to the tune of N170 billion as false and “a way of preparing grounds for his impending failure just as he did when he assumed office in 2010.”

Lawmaker extols Chevron’s community engagement Strategy

The Chairman, House of Representatives Committee on Gas Resources, Hon. Fred Agbedi has applauded the Global Memorandum of Understanding (GMoU), the Community engagement strategy adopted by the NNPC/Chevron Joint Venture as a panacea for peace in the Niger Delta region.
Hon Agbedi gave the indication during a panel session at the 2018 Nigerian Gas Association’s (NGA) Conference and exhibition organized at the Transcorp Hilton Hotel Abuja.

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