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Empowerment: I’ll Distribute Shovels LG Boss Blasts Critics

January 15, 2020 7:17 am

The last is yet to be head on the controversy over the distribution of wheelbarrow to some youths in Nsukka Local Government Area of Enugu State as a means of empowerment.

THISDAY had reported that the Transition Committee Chairman of Nsukka Local Government Area, Hon. Mrs. Chinwe Ugwu distributed 30 wheelbarrows to the youths during an empowerment programme.

The development attracted harsh comments from residents of Enugu and beyond, with many calling it a ‘show of shame.’

But defending her actions, Ugwu was quoted as saying, “I decided to empower barrow pushers of Nsukka local government council, irrespective of ethnicity

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FG To Distribute ₦10bn Trader Moni Loan In 2020

December 20, 2019 9:33 am

The Federal Government has mapped out ₦10 billion as Trader Moni loan to petty traders and artisans in the 2020 fiscal year.

The loan is part of the social intervention programmes under President Muhammadu Buhari led administration.

According to THISDAY reports, N10 billion was allocated to BOI as ‘Grants to BOI to support low interest loan to SMEs’. This was contained in the 2020 Appropriation Bill signed into law on Monday by the President.

The Federal Government, through the Bank of Industry (BOI) provides interest free and collateral free …

FAAC distributed ₦762.5bn to FG, States, LGs in June - AGF

FAAC distribute ₦762.5bn to FG, States, LGs in June – AGF

July 26, 2019 1:00 am

The Federal Government, States and Local Government Areas (LGAs) shared N762.5 billion as federal allocation for the month of June.

Mr Ahmed Idris, the Accountant-General of the Federation (AGF), said this on Thursday in Abuja, while addressing newsmen at the end of the Federation Accounts Allocation Committee (FAAC) meeting.

He said that the gross statutory revenue of N652.9 billion received for the month was higher than the N571.7 billion received in May by N81.21 billion.

He said revenue from Petroleum Profit Tax (PPT) and Companies Income Tax (CIT) increased significantly, Value Added Tax (VAT) increased marginally while Royalties, Import and …