— The Federal Government has said it would pay subsidy on Premium Motor Spirit, otherwise known as petrol, from the recoveries made in the first quarter of 2016.

This is contained in the latest Petroleum Product Pricing Regulatory Agency template released in Abuja on Monday. (Vanguard)

— President Paul Biya of Cameroon will, at the invitation of President Muhammadu Buhari, Tuesday begin a two-day state visit to Nigeria. (Daily Trust)

— There were indications on Monday that the Reconciliation Committee of the National Assembly on the 2016 budget was rounding off work to produce a clean copy of the document to be submitted to President Muhammadu Buhari this week.

The Punch learnt that the committee, which is chaired by the Deputy Speaker of the House of Representatives, Yusuf Lasun, had planned to make the re-worked budget ready last Saturday but was caught up with the preparations for the May Day celebrations on Sunday. (The Punch) Enditem

Source: Xinhua


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