• National Assembly proposes July to December for budget preparation

    National Assembly proposes July to December for budget preparation

    It was gathered that the National Assembly has proposed 15 key reform strategies that feature the adoption of a budget calendar, which will begin with the submission of the Medium Term Expenditure Framework (MTEF) by the second week in July. The timetable would end with the President signing the Appropriation Bill into law by the third week of December every year.

    A statement by Saraki’s Media Office said that the measures contained in a report submitted to Senate President Bukola Saraki […]

  • Three refineries produce 44m litres of petrol in July

    Three refineries produce 44m litres of petrol in July

    Despite the efforts to increase local refining capacity to conserve foreign exchange Nigeria’s three refineries could only produce 43,743,273 million litres of petrol in July.

    This means, the country’s forex request for imports of petroleum products, which currently stands at 35 percent will further increase in the coming months, unless something drastic was done about the state of the refineries.

    The refineries located in Port Harcourt, Warri and Kaduna, has a combined daily refining capacity of 445,000 barrels of crude oil per […]

  • First moon crescent to appear July 5, says NASRDA

    First moon crescent to appear July 5, says NASRDA

    The National Space Research and Development Agency, NASRDA, said on Friday it had successfully calculated and predicted that the appearance of the first astronomical lunar crescent for the month of July 2016 would commence on July 5, 2016.

    The agency said in a statement that the moon’s appearance could not be sighted with the naked eyes except with the aid of a charge coupled device, an astronomical telescope or any other optical astronomy instrument.

    “Thus, the proper sighting of the crescent with […]

  • FG to begin recruitment of 500,000 teachers July, says Ngige

    FG to begin recruitment of 500,000 teachers July, says Ngige

    Nigeria’s Minister of Labour and Employment, Senator Chris Ngige, has said that recruitment of 500,000 teachers by the federal government and other employment programmes promised by the government will begin in July, 2016.

    While speaking at the 105th session of the International Labour Conference in Geneva, Switzerland, the minister said the government will soon open a portal for interested Nigerians to apply, pointing out that qualified Nigerians will be screened, while those successful will be subjected to special training before being […]

  • Buhari to flag-off Abuja-Kaduna rail line July – Amaechi … See photo

    Buhari to flag-off Abuja-Kaduna rail line July – Amaechi … See photo

    President Muhammadu Buhari will within the first week of July flag-off the Abuja-Kaduna rail line for commercial operations.

    Making this announcement in Abuja Wednesday after the first official test run of the rail line at the Idu Train Station, Minister of Transport, Hon. Rotimi Amaechi, said barring any further hitches the rail line will come into full commercial operations after the Presidential flag-off within the first week of July.

    The Minister after embarking on a supervisory train ride from the Idu train […]