FG Recorded N910bn Fiscal Deficit in Three Months — CBN

The Federal Government recorded a fiscal deficit of N910.41bn in the fourth quarter of 2018, the Central Bank of Nigeria revealed in its latest economic report.

It said, “Federally-collected revenue, at N2.41tn, in the fourth quarter of 2018, was 27.4 per cent and 4.8 per cent lower than the estimate and the receipts in the preceding quarter, respectively.

“The development relative to budget estimate was due to the shortfall in receipts from both oil and non-oil revenue in the reviewed quarter. Federal Government estimated retained revenue and total expenditures were N916.44bn and N1.826tn, respectively, resulting in an estimated deficit of N910.41bn in the fourth quarter of 2018.”
Read more at; https://newsbreakers.ng/fg-recorded-n910bn-fiscal-deficit-in-three-months-cbn/



2019 Election: INEC Yet To Review its Position on Rivers APC

The Independent National Electoral Commission said the All Progressives Congress in Rivers state would not field any candidates during the 2019 general elections.

The commission made this statement on Wednesday, February 6, 2019; days after the appeal court’s judgment.

The court stalled the execution of the judgement of the Federal High Court nullifying all primaries of APC in the state and restrained INEC from fielding candidates at the poll.
Read more at; https://newsbreakers.ng/2019-election-inec-yet-to-review-its-position-on-rivers-apc/


Rivers State PDP Counsel withdraws Legal Service

Mr. Ferdinand Orbih, SAN, the Rivers state counsel to the People’s Democratic Party in political matters involving PDP, All Progressives Congress and Independent National Electoral Commission, has withdrawn his legal services to the party.

Orbih announced his withdrawal during the Court of Appeal sitting in Port Harcourt on Wednesday, February 6, 2019.

Speaking on why he withdrew from the political matter, Orbih noted his withdrawal was based on personal and on “compassionate ground.”
Read more at; https://newsbreakers.ng/rivers-state-pdp-counsel-withdraws-legal-service/



Buhari Signs Bill Promoting Consumer Confidence, Fair Pricing to Law – Official

President Muhammadu Buhari on Wednesday gave assent to a law aimed at promoting competition among companies and ensuring protection for consumers and small businesses, an official has said.

The Director General, Consumer Protection Council (CPC), Babatunde Irukera, said in a statement sent to PREMIUM TIMES that the new law will be cited as the Federal Competition and Consumer Protection Act 2019.

Mr Irukera said the president’s assent to the law is coming 20 years after the federal government made attempts to get it promulgated.
Read more at; https://newsbreakers.ng/buhari-signs-bill-promoting-consumer-confidence-fair-pricing-to-law-official/



Customs Intercept Police Uniforms, Tear Gas in Lagos

Ahead of the forthcoming general elections, the Federal Operations Unit, Zone ‘A,’ of the Nigeria Customs Service, said it intercepted bales of uniforms, tear gas canisters and other paraphernalia of the Nigeria Police Force.

The Customs Area Controller of the Unit, Muhammed Aliyu made this known on Wednesday, February 6, 2019.

According to him, a suspect was arrested in connection with the seizure.

He said the items seized portend big threat to national security as it is destined to get to the wrong hands.
Read more at; https://newsbreakers.ng/customs-intercept-police-uniforms-tear-gas-in-lagos/

like 1trillion naira debt

May the soul of APC rest in peace.ASK buhari-dementia supporters��Ask them to tell you why he can't prosecute thieves in his gov't
��Ask them Why he went to beg OBJ and IBB to support him in 2015 and why he collected money from Atiku to sponsor his campaign
��Tell them to provide evidence of atiku being corrupt and why has the EFCC and buhari failed to prosecute him till date
��Ask them why its difficult for buhari to tell Nigerians he had mansion in Abuja
��Ask them why buhari served under abacha and why buhari still insist abacha never stole despite the huge loot recovery by same buhari from Abacha loot
��Ask them if light and darkness can walk and work together and why is it easy for their mister integrity to walk and work with criminals
��Ask them to mention one project buhari has commissioned in their own state
��Ask them where did buhari wife get 2.5b naira that his aides stole from her ... Mind you the aide is still in police custody.CBN confirms Buhari gov’t withdrew $3.2bn from NLNG dividend account in 3 years.

BuhariLooter:
May the soul of APC rest in peace.ASK buhari-dementia supporters��Ask them to tell you why he can't prosecute thieves in his gov't
��Ask them Why he went to beg OBJ and IBB to support him in 2015 and why he collected money from Atiku to sponsor his campaign
��Tell them to provide evidence of atiku being corrupt and why has the EFCC and buhari failed to prosecute him till date
��Ask them why its difficult for buhari to tell Nigerians he had mansion in Abuja
��Ask them why buhari served under abacha and why buhari still insist abacha never stole despite the huge loot recovery by same buhari from Abacha loot
��Ask them if light and darkness can walk and work together and why is it easy for their mister integrity to walk and work with criminals
��Ask them to mention one project buhari has commissioned in their own state
��Ask them where did buhari wife get 2.5b naira that his aides stole from her ... Mind you the aide is still in police custody.CBN confirms Buhari gov’t withdrew $3.2bn from NLNG dividend account in 3 years.

Amen

PDP will tell you it all campaign gimmick

MrAJQ:
PDP will tell you it all campaign gimmick

Like the lifeless one like his illiterate supporters.