2019 Election: No Federal Funds For Campaign - Buhari – Nigerian News – African News Network | Latest African News | Nigerian News | Breaking News
Connect with us

Nigerian News

2019 Election: No Federal Funds For Campaign – Buhari

Published

on

No Federal Funds For Finance Campaign - Buhari

President Muhammadu Buhari has promised that no federal funds would be used to finance his campaign.

At the close of the Federal Executive Council, FEC, meeting in Abuja on Wednesday, the president told cabinet ministers to use technology to reach voters so the all progressives congress would be reelected.

READ:  Nigerian President Meets With Heads Of States Of LCBC

He mentioned the spread of various political ideologies which he said makes it necessary to use text and multi-media messages to seek votes for the party.  He also said the subject of vote buying has again become a topical issue.

READ:  Governorship Primary: Ogun APC Blasts Party’s NWC

He then vowed that he would not authorize the use of treasury funds for campaigns.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Nigerian News

CCT Declines To Suspend Onnoghen’s Trial

Published

on

By

CCT Declines To Suspend Onnoghen's Trial

The Code of Conduct Tribunal, CCT, in Abuja, has declined to suspend further proceedings in the criminal charge against the Chief Justice of Nigeria, Justice Walter Onnoghen.

The tribunal, said in a two-to-one decision, it would go ahead to hear the application the CJN filed to challenge its jurisdiction to try him on the six-count charge entered by the federal government that bordered on his alleged refusal to declare his assets.

READ:  2019 Elections: Celebrities Voice Support For Buhari

There was a sharp disagreement between the chairman of the tribunal,  Danladi Umar and another member of the panel, William Agwadza Atedze, on the legal propriety of going ahead with trial, despite four separate interim injunctions, restraining all the parties from taking further steps in the matter, pending the determination of suits before different high courts and the National Industrial Court, NIC.

READ:  Nigeria's Oldest Prisoner Turns 100

Umar says the tribunal is not constitutionally bound by orders from both the high court and the NIC

Continue Reading

Nigerian News

House Of Reps Summons 21 Mgt. Staff Of PenCom Over Pension Fund

Published

on

By

House Of Reps Summons 21 Mgt. Staff Of PenCom Over Pension Fund

Still in the house, top management staff of the National Pension Commission and 21 pension funds administrators have been asked to appear before the House of Representatives on Thursday.

An ad hoc committee issued the summons on Tuesday as part of its investigation of the alleged sharp practices by pension administrators and custodians.

READ:  Akwa Ibom INEC Reports 2000 PVCs Stolen By Hoodlums

 

The committee invited the acting director-general, PenCom, Aisha Dahir-Umar, and other top executives of the commission, the pension administrators and custodians mandated with the management of pension funds.

READ:  Nigerian President Meets With Heads Of States Of LCBC

The committee is demanding information on the net assets of the contributory pension funds, details of supervisors and regulators of pension funds administrators and their key instructions and performances, compliances and defaults, details of payment into treasury single account, as well as bank accounts operated by the commission.

READ:  2019 Election: 70 Presidential Candidates Gunning For Presidency, As INEC Publishes Particulars Of Parties’ Candidates

Continue Reading

Business News

Shell, Total Shut Down Four GenCos Over Debts

Published

on

By

Shell, Total Shut Down Four GenCos Over Debts

Four Gas Generating Companies (GenCos) have shut down production as a result of their failure to pay gas debts owed Shell Petroleum Development Company (SPDC) and total, as well as their inability to access fresh loans for gas.

READ:  Saraki Appointed Atiku Campaign Director By PDP

Some of the GenCos have now resorted to securing credit facilities from commercial banks to sustain their production.

 

The executive secretary, Association of Power Generation Companies (APGC), Joy Ogaji said the power plants shutdown production because of lack of access to take loans.

READ:  Nigeria's Main Parties Make Their Presidential Picks

Ogaji says the 700 billion naira power assurance guarantee, which the federal executive council approved for the companies in the first quarter of 2017, has been exhausted.

READ:  Wizkid Declares Support For Banky W In House of Reps bid

But there are hopes that the federal government would make the Electricity Distribution Companies (DISCOS) pay at least 80 per cent of their invoices.

Continue Reading

TRENDING

Trending

Subscribe to ANN News Alert

Be the first to receive the latest news from Africa and around the world.

%d bloggers like this: