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Akwa Ibom Govt To Spend N697bn Next Year

Akwa Ibom State Governor, Mr. Udom Emmanuel, has presented a budget estimate of N697.005 billion for the 2023 fiscal year. The budget, christened ‘Budget of Completion’, has a Capital Expenditure of N353 billion and N344.005 billion for recurrent expenditure, totalling N697.005 billion as against the previous year’s revised provision of …

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FG Restates Commitment To Diversifying Nigeria’s Economy

The Federal Government has restated its commitment to the diversification of the Nigerian economy to enable the country reduce its over dependance on crude oil revenue. The Permanent Secretary, Federal Ministry of Industry, Trade and Investment, Dr Evelyn Ngige said this during the opening session of the 14th meeting of …

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87,000 Facebook Workers Face Sacking

Facebook-parent Meta will become the latest tech firm to scale back its workforce, with plans to layoff thousands of employees this week, the United States media reported Sunday. The Wall Street Journal, citing people familiar with the matter, reported that the layoffs could impact “many thousands” of Meta employees and …

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