MEDIA ORGANISATIONS TO ENJOY FINANCING AT SINGLE-DIGIT INTEREST RATES- FG. (PHOTO). #PRESS RELEASE

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 Media Organisations to Enjoy Financing at Single-Digit Interest Rates - FG  President Bola Ahmed Tinubu has directed the Federal Ministry of Industry, Trade and Investment, through the Bank of Industry (BOI), to extend its single-digit interest-rate financing to media organizations in the country. The Minister of Information and National Orientation, Mohammed Idris stated this in Abuja on Wednesday when he received members of the Independent Broadcasting Association of Nigeria (IBAN) on a courtesy visit to his office.   According to the Minister, the gesture is in keeping with the administration’s resolve to create an enabling business environment for the media to operate in Nigeria. “Let me say that the Federal Ministry of Information and National Orientation under my leadership, as part of our five pillars, will support all media platforms in this country, whether they are public or private. “I can tell you that the President has directed the Federal Ministry of Industry, Trade and
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BUDGET PADDING: SENATE TO REVIEW NINGI'S SUSPENSION- AKPABIO. (PHOTO).

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 Budget padding: Senate to review Ningi’s suspension – Akpabio


Senate President Godswill Akpabio has revealed that the Senate is set to recall Senator Abdul Ningi from his three-month suspension.


He disclosed this while answering questions from reporters on arrival from the Inter-Parliamentary Union meeting in Geneva, Switzerland.


Akpabio said the Senate will soon review the three-month suspension it slammed on Ningi for claiming that the 2024 budget was allegedly padded with the sum of N3.7 trillion.


 Ningi had on Thursday, in a letter written by his counsel, Femi Falana SAN, requested reinstatement to the Senate.


Akpabio pointed out that even though he had not seen the letter, the matter would be resolved like a family affair.


He said: “It is a parliamentary decision. I have not seen the letter yet. But Senator Ningi is one of us. I mean, what is suspension?”

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