Nigerian Government

  “To start off, the CBN deployed a simple law of economics; if demand increases, price will increase. It offered to test the market by selling FX to BDCs at a rate lower than the prevailing parallel market price. This is called market making and is an extension of the obligations of the central bank to provide market stability.” PEGASUS ...

  “He disclosed that out of a total of 8925 applications that were received, 1294 were for Outright payment, 2408 for Mortgage, 2184 for Rent to own and 3039 were for installmental payment modes.” PEGASUS REPORTERS, LAGOS | APRIL 18, 2024 The Federal Ministry of Housing and Urban Development has concluded the allocation for the first batch of completed houses ...

  “So in a very bold move today, this administration, under the leadership of President Bola Ahmed Tinubu, consistent again with his courage to take very far-reaching decisions in the interest of Nigeria, has taken a decision to implement the so-called Oronsaye Report.⁣” PEGASUS REPORTERS, LAGOS | FEBRUARY 26, 2024 President Bola Ahmed Tinubu in a move to restructure public ...

  Mr Idris said that attendees at the meeting agreed on the need for state police but more discussions are still needed on how to implement it. “Of course, this is still going to be further discussed. A lot of work has to be done in that direction. Both the federal government and the state governments agree to the necessity ...

  “Firstly, we would like to emphasize the discrepancy between our poor welfare and salaries compared to the hazardous conditions under which we work. It is disheartening that a soldier is being paid a mere fifty thousand naira as their monthly salary, which is insufficient to purchase even a single bag of rice in the market.” PEGASUS REPORTERS, LAGOS | ...

  “Reuben Abati said the house they gave him in the Villa, he didn’t sleep there for one night because when he attempted to sleep there, fire just broke out. So, he ran away. I slept in my house for eight years, not only did I sleep but I was snoring. I snored so much that I woke myself up ...

  “As of Tuesday, the agency had intercepted and seized N17 billion. Within 24 hours, the commission traced and froze an additional N13 billion in some accounts, raising the cash seized to N30 billion.” PEGASUS REPORTERS, LAGOS | JANUARY 04, 2024 Reports from the EFCC say that former Humanitarian Affairs, Disaster Management, and Social Development minister, Sadiya Umar-Farouq, has failed ...

  “The agency said that the N44 billion was suspiciously moved from NSIPA’s accounts into private and corporate accounts linked to those serving as fronts. Some of the officials of the agency have been undergoing investigation.” PEGASUS REPORTERS, LAGOS | JANUARY 04, 2024 The Economic and Financial Crimes Commission (EFCC) said it has tracked N30 billion of the N44 billion ...

  “Shehu according to sources in the EFCC, was indicted in the alleged fraud in her capacity as the National Coordinator of the Conditional Cash Transfer Programme in the Ministry.” PEGASUS REPORTERS, LAGOS | JANUARY 03, 2024 The suspended National Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency (NSIPA), Halima Shehu has reportedly been arrested and ...

  Shehu Halima was appointed by President Tinubu in October 2023, and her appointment was confirmed by the Senate on October 18, 2023. PEGASUS REPORTERS, LAGOS | JANUARY 02, 2024 President Bola Ahmed Tinubu has suspended Halima Shehu as the Chief Executive Officer (CEO) and the National Coordinator of the National Social Investment Programme Agency (NSIPA). According to Channels Television, ...