AFTER LOSING NIGERIA’S RICE MARKET, THAILAND EXPORTERS CUT 2020 EXPORT FORECAST BY 5M TONNES
It is now projected that the country will now export 6.5 million tonnes of rice in 2020, the lowest export projections in two decades which is also lower than the…
14,020 N-POWER BENEFICIARIES CHEAT SYSTEM, RECEIVED PAYMENTS FROM MDAs -Minister
The federal government said it has identified 14,020 N-Power beneficiaries who have existing accounts details in other Ministries, Departments, and Agencies MDAs. This implies they were either being paid or…
SENATE TO BUHARI: SACK IMC OF NDDC NOW …Demands refund of N4.923bn to Agency’s coffers
The Senate on Thursday called on President Muhammadu Buhari to sack the Professor Kemebradikumo Pondei-led Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC) over alleged financial recklessness.…
I NEVER SAID LAWMAKERS GOT 60 PERCENT OF NDDC CONTRACTS -Akpabio
The Minister of Niger Delta Affairs, Senator Godswill Akpabio, has made a u-turn, saying that he never said lawmakers got 60 per cent of the contracts awarded by the Niger…
PAYMENT OF $30M MONTHLY TO POWER FIRMS WORRISOME -says Senate
THE Senate on Wednesday expressed concern over the monthly payment of $30 million by the Federal Government for power. It said the payment had become statutory because of the Share…
BBNAIJA 2020 TO BOOST NIGERIA’S ECONOMY BY ‘AT LEAST N2BN’
The 2020 edition of the Big Brother Naija (BBNaija) reality TV show will boost the Nigerian economy by about N2 billion, according to a financial analysis by industry insiders. TheCable…
TENANTS NOW TO PAY 6% STAMP DUTY -says FIRS
THE Federal Inland Revenue Service (FIRS) has directed landlords and property agents to charge six percent Stamp Duty on all tenancy and lease agreements. The landlords/ property agents are to…
FG APPROVES N75BN YOUTH INVESTMENT FUND
The Federal Government has approved the establishment of a N75bn youth investment fund. The decision was taken at the virtual meeting of the Federal Executive Council presided over by the…
OYO TO ISSUE N100BN BOND FOR INFRASTRUCTURE
Oyo Executive Council on Tuesday approved issuance of a N100 billion private bond to facilitate execution of what it described as “priority projects” that will further drive economic development in…
NDDC GATE: REMOVE AKPABIO NOW -Prof. Sagay advises Buhari
Professor Itse Sagay, the chairman of the Presidential Advisory Council Against Corruption PACAC, has advised President Buhari to sack the Minister of the Niger Delta Ministry, Godswill Akpabio, following the…