The Minister of Transportation, Mr. Rotimi Amaechi said on Monday that the Nigerian government is targeting goods that would be carried by rail to repay the loan borrowed from China not from monies paid by passengers.
NULGE Commends Buhari As FG Begins Direct Payment Of Allocation To Councils
The Nigerian Union of Local Government Employees (NULGE) on Monday commended the President Muhammadu Buhari-led government over the recently introduced financial guidelines for Local Governments across the country.
Registration For The 10-Year E-Passport Commences - NIS
The registration for the issuance of new 10-year e-passports to Nigerians has begun. This was made known by the Nigeria Immigration Service (NIS) through its public relations officer, James Sunday, on Monday when he took newsmen round the data capture center in Abuja.
CBN Clears The Air On Alleged ‘Missing N500bn’ Discussed In Emefiele’s Leaked Audio
The Central Bank of Nigeria (CBN) has dispelled reports that the Governor of the Bank, Godwin Emiefele and some Deputy Governors were instrumental to the discrepancies in the bank’s financial accounts. The clarification followed the publication of an audio recording published by an online newspaper, Saharareporters.
Tin-Can Command of Nigerian Customs Generates N78.8bn In First Quarter Of 2019
According to the Tin-Can Island Port Command of the Nigeria Customs Service (NCS), it generated N78.8 Billion Naira in the first quarter of 2019, indicating upward generation from the N76.7 billion realized in the corresponding period of 2018. The Area Controller of the Service, Mohammed Musa, made this known on Sunday, 28th of April, 2019 during an interview with the News Agency of Nigeria(NAN) in Lagos. He added that the Command projected an income of N84 billion during the period under review but it generated about 94 per cent of its target.
FEC Approves N970.2m for Nigeria Customs Service
Federal Executive Council (FEC) on Wednesday, 8th May 2019 approved the sum of N970.2 million for the provision of residential accommodation and procurement of some equipment for the Nigeria Customs Service (NCS). Minister of Finance, Mrs. Zainab Ahmed, made the disclosure during a briefing shortly after the weekly FEC meeting presided over by President Muhammadu Buhari.
Governors Must Comply with The N30,000 Minimum Wage – NLC
The organised labour on Thursday warned that under no circumstance would any state chapter of labour accept the renegotiation of the new national minimum wage from any governor when the deal has been signed and sealed.
We’ll Charge You To Court NESREA Tells Chinese Firm Operating Illegal Charcoal Exportation
A Chinese company, Kwo Chief Investment Limited, located at Obimo in Nsukka Local Government Area of Enugu State has been sealed off by The National Environmental Standards and Regulations Enforcement Agency, NESREA over illegal production and exportation of charcoal in Nigeria, Daily Trust reported.
Saudi Arabia Hint On Refinery In Nigeria
Following a successful visit to the kingdom of Saudi Arabia with top executives of Saudi Aramco in Dhahran, Khalid Al Falih, Saudi's Minister of Energy Industry and Mineral Resources has hinted on the possibility of establishing a refinery in Nigeria. The disclosure was made during a meeting with Nigeria’s Minister of State for Petroleum Resources, Dr Ibe Kachikwu in Riyadh.
Local Govt Joint-Account: FG Set New Rules To Checkmate Governors
Triggered by unabated embezzlement of cash allocated to the local govt councils across the federation by the state governors through the statutory Joint Local Gov. Accounts, the federal government today has moved against the intrusive of the states into the council allocation.
AfDB Invests $4bn In Nigeria
President of the African Development Bank (AfDB), Dr Akinwunmi Adesina has revealed that the bank has invested about $4bn in Nigeria. He made the assertion during a visit to the state house in Abuja on Tuesday, 24th April 2019.
“We have 60 operations in Nigeria for a total of $4.5bn and about $2.8bn of that is in the private sector in the banking industry, financial sector, in particular about $1.7bn in the public sector.