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

It’s all Love! Wizkid takes out time to congratulate Davido on the arrival of his First son in London. Despite his tight and busy schedule after he rounds off his Starboy Fest concert yesterday night at the 02 Arena London, Wizkid still finds time to congratulate Davido . This is the kind of energy we need around here this time in the Industry. See how Wizkid congratulates him below:- Congratulates To Davido!!! DROP YOUR COMMENTS

Two Fake SARS Operatives Arrested While On Their Way To Arrest People

Two persons have been arrested and remanded in prison for claiming to be operatives of the Special Anti-Robbery Squad , SARS, in Lagos. They are Ikechukwu Victor and Emeka Ewuzien. A statement issued by the spokesman of the Lagos Police Command, DSP Bala Elkana, reads: “They were arrested on 29th October 2019 at about 1000hours. Operatives from Ifako Division led by the Divisional Police Officer, CSP Lasisi Iyunade, accosted the men dressed in black T-Shirts with the inscription SARS boldly written along Julius Kadri Street, Ifako, Gbagada. They claimed to be SARS operatives, on their way to effect an arrest at Bakare Daudu market. On further questioning, they claimed to be members of Police Community Relations Committee (PCRC) from Victoria Island, Lagos. Their names are Ikechukwu Victor ‘m’ 45yrs and Emeka Ewuzien ‘m’ 45yrs of No 2 Igi Street, Bariga, and No 30 Abule Okuta Road, Ladylak, Bariga respectively. Two fake PCRC ID card bearing same name was recovered from them...

How to forget unwanted memories - Yomloaded

Everyone has memories they would rather forget, and they may know the triggers that bring them bouncing back. Bad memories can underlie a number of problems, from post-traumatic stress disorder to phobias. When an unwanted memory intrudes on the mind, it is a natural human reaction to want to block it out. A hundred years ago, Freud suggested that humans have a mechanism that they can use to block unwanted memories out of consciousness. More recently, scientists have started to understand how this works. Neuroimaging studies have observed which brain systems play a part in deliberate forgetting, and studies have shown that it is possible for people deliberately to block memories from consciousness. How do memories form? For a person’s mind to store a memory, proteins stimulate the brains cells to grow and form new connections. The more we dwell on a memory or rehearse the specific events surrounding the memory, the stronger these neuronal connections become. 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

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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

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

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How to forget unwanted memories - Yomloaded