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By MINISTER of Information and Culture, Alhaji Lai Mohammed, on Tuesday, said the Federal Government is unable to implement the capital votes of the 2017 budget because of lack of funds.

The declaration by Mohammed was coming some 24 hours after the Minister of Finance, Mrs Kemi Adeosun, told foreign visitors that the Federal Government would soon release N750 billion to fund capital projects in the 2017 budget.
Speaking during the 2018 budget defence session, at the Senate, on Tuesday, Mohammed said “it is not that government is deliberately withholding releases to fund the 2017 budget or starving us. It is because we do not have enough money to do that.

“When budgets are made, they are made based on certain assumptions and if you are not able to get enough to meet your assumptions, there will be poor release.“At least, there is an improvement in different sectors like the Nigeria Customs Service, while the price of crude oil is getting better. There is also more peace in the Niger Delta. So we can produce more,” he said.
According to him, once the visa regime was liberalised, tourists would be encouraged to visit African countries.
The minister said there was an improvement in visa regime in the country, adding that the current “visa on arrival programme” recently introduced by the Federal Government was working well.
“Anybody who has been observing what is happening in the creative industry, including culture, film industry, and fashion, will see that there is remarkable transformation and that is because the government has provided the enabling environment.
“The creative industry is on a tripod, the government, the private sector and the practitioners and what government has done is to give the support that the industry needs to grow.

“For instance, sometime this year, the Federal Government included the film industry in the list of industries that will enjoy pioneer status.“What this means is that if you invest in this industry with a certain amount of money, you will be entitled to a tax holiday for three years at the initial stage and another two years.
“In addition, dividends from your businesses will be exempted from taxation. This is one of the incentives government has given,” he said.

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ALL LOVE!!! Wizkid Congratulates Davido As He Welcomes His First Son In London (Photo)

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By MINISTER of Information and Culture, Alhaji Lai Mohammed, on Tuesday, said the Federal Government is unable to implement the capital votes of the 2017 budget because of lack of funds. The declaration by Mohammed was coming some 24 hours after the Minister of Finance, Mrs Kemi Adeosun, told foreign visitors that the Federal Government would soon release N750 billion to fund capital projects in the 2017 budget. Speaking during the 2018 budget defence session, at the Senate, on Tuesday, Mohammed said “it is not that government is deliberately withholding releases to fund the 2017 budget or starving us. It is because we do not have enough money to do that. “When budgets are made, they are made based on certain assumptions and if you are not able to get enough to meet your assumptions, there will be poor release. “At least, there is an improvement in different sectors like the Nigeria Customs Service, while the price of crude oil is getting better. There is also more peace in...

Top 6 Controversial Moments And Talking Points From The 2019 Headies Awards

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Just Hours After Giving Birth, Chioma’s Ex Uploads A Throwback Picture Of When They Were Dating

Congratulations again to the Adeleke family, Davido’s chapter. While we are all celebrating the safe delivery of Davido’s first male child from Chioma Chef Chi, her ex is busy uploading a throwback picture of when he was dating Chioma. Isn’t this just stupidity of all times coupled with uselessness from him? He shared the picture with the caption:- “BACK THEN WITH CHEF CHI” Does he expect Chioma to leave Davido for him or why did he have to upload the picture this very moment? What Do You Think?

How to Wake Up Early Every Single Morning (Without Feeling Tired)

When it comes to his advice on sleep, good ’ole Ben Franklin was wrong . “Early to bed, early to rise,” is not a universal recipe for health, wealth, and wisdom; it simply doesn’t work for everyone. For some people, though, it’s quite effective. Even though it isn’t easy, I’ve been getting up around 4:45 A.M. recently ; right now, it’s the time the aligns best with my particular goals and energy levels. Waking up early can be really helpful for people who want to start establishing strong habits and building a morning routine; however, all the raw morning routine-building ambition in the world can easily meet its match when the alarm clock goes off at an hour most normal people don’t even believe exists. If you’re one of the brave souls determined to rise at these allegedly existent early hours of the morning, but you’ve been having trouble doing it, this article is for you. In my mind, there are four elements that go into the formation...

“I Have Never Liked Hanging Out With My Age Mates” – Regina Daniels

Popular Nollywood actress, Regina Daniels recently disclosed that she prefers hanging out with people much older than her. The 20 year-old actress had an exclusive interview with Vanguard through her media manager, Ifetayo Adeniyi. Daniels was asked if she still plays with her agemates since she attained the status of a billionaire’s wife and she responded saying: “Well, I have never actually liked hanging out with my age mates. I go for people that are far older than me so I could learn something from them or people who are bellow so I could teach them something and being married to my husband hasn’t stopped me from relating with those people.” When asked to mention the things marriage has robbed her of, she said, “I can’t think of anything because when I was single, my life was always about acting, schooling and I didn’t have time for a party but now that I’m married I could go out for parties. I can even say I’m more privileged to have more opportunities now to do th...

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MUSIC: E GET REASON BY JAIDO P FT DAVOLEE AND ZLATAN YOMLOADED

Lyrics out now; Who knows by Zinoleesky and lil frosh

Who knows lyrics by ZINOLEESKY FT LIL FROSH

ALL LOVE!!! Wizkid Congratulates Davido As He Welcomes His First Son In London (Photo)

Top 6 Controversial Moments And Talking Points From The 2019 Headies Awards

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Just Hours After Giving Birth, Chioma’s Ex Uploads A Throwback Picture Of When They Were Dating

How to Wake Up Early Every Single Morning (Without Feeling Tired)

“I Have Never Liked Hanging Out With My Age Mates” – Regina Daniels