The Minister of Transportation, Rotimi Amechi has disclosed that the Nigerian Railway Corporation has launched an N900million e-ticketing for Nigerians who patronizes the rail transport.
President Muhammadu Buhari has directed Ministries, Departments, Agencies (MDAs), and other business enterprises to grant the Federal Inland Revenue Services (FIRS) access to their systems for nationwide tax collection. The directive came while the president delivered his address during the First Annual National Tax Dialogue by FIRS, at the old Banquet Hall, Aso Rock Villa in Abuja.
The Federal Government has today signed the contract documents to commence the Kano- Maradi, Niger Republic, and Kano-Dutse railway project Minister of Transportation, Rotimi Amechi, stated this today while updating newsmen on the development saying, Mota-Engil Group, is the contractor selected by the government to execute the project and as a gesture, they have pledged to build a University for the Nigerian Government as its corporate social responsibility.
President Muhammadu Buhari has approved the re-appointment of Hadiza Bala Usman as Managing Director of Nigerian Ports Authority (NPA), for an additional five-year tenure. Also approved is the reconstitution of the Non-Executive Board of the NPA, with Emmanuel Adesoye (from South-west zone) as Chairman.
Nigeria’s crude oil production in December 2020 fell to 1.17 million barrels per day, sinking to an all-time low last month by 155,000 barrels amid the production cuts placed by the Organisation of the Petroleum Exporting Countries (OPEC) and its allies. OPEC made this known on Thursday in a January report, saying an increase in oil production would enhance Nigeria’s economy this year, particularly as Nigeria’s economy entered recession in the last quarter of 2020. “Crude oil output increased mainly in Libya, Iraq and the UAE, while production decreased primarily in Nigeria, Congo and Angola. Libya’s crude oil output in December rose to 1.22 million bpd, according to secondary sources,” OPEC said.