About 120,000 rice farmers in Kano state have been pencilled down to benefit from the Federal Government Anchor Borrowers program for this year dry season farming. The statement was disclosed by the state chairman of the Rice Farmers Association of Nigeria (RIFAN), Alhaji Abubakar Aliyu in an interview in Kano on Tuesday (NAN).
Over N80 Million Generated from Rail Services - NRC
Mr Fidet Okhiria, Managing Director of the Nigerian Railway Corporation (NRC) has revealed that the corporation generates over N80 million monthly. The figures he claims were returns alone from the Abuja-Kaduna train route.
President Buhari Commissioned International Terminal At Abuja Airport
President Muhammadu Buhari has commissioned the newly built international terminal at the Nnamdi Azikiwe International Airport, Abuja. The terminal reportedly said to be the biggest in West Africa has the capacity to process about 15 million passengers annually.
African Development Bank (AFDB) To Support Nigeria with $14m Grant
The African Development Bank Group (AFDB), through its Trade Finance operations, has approved the sum of $14.12 million facilities to support Nigeria’s membership in the African Trade Insurance Agency (ATI).
The grant was a giant stride and mandatory step to enable ATI to commence its operations in Nigeria.
Customs Seizes 5,662 Bags Of Smuggled Rice
The Nigeria Customs Service (NCS) has announced the seizure of 5,662 bags of suspected smuggled rice and 137 bales of second hand clothes both valued at N137 million. The National Coordinator, Headquarters of the NIS Strike Force Team, Abuja, Mr Abdullahi Kirawa, who made this known while briefing newsmen on Wednesday in Calabar said the seizure was made within Cross River and Akwa Ibom Area Commands of the Service.
Vat In Nigeria Hit N808bn In 9 Months
According to a disclosure by the National Bureau of Statistics (NBS), shows that the revenue generated from Value Added Tax (VAT) from sectoral distribution spanning from first through the third quarters of 2018 was put at N808 billion.
President Muhammad Buhari Presents 2019 Appropriation Bill Of N8.83 Trillion In A Rowdy Session
On 19th December 2019 between 1240 to 1335hours at a Joint seating comprising both Senate and House of Representative Member, President Muhammadu Buhari presented the 2019 Appropriation Bill of N8.83 trillion.
Lomé Port Overtakes Apapa Port As Regional Hub
Togo’s port of Lomé has gradually overtaken Nigeria’s Lagos port as a business hub for cargo business in West African sub-region. The development may not be unconnected with the never-ending congestion at Nigeria’s Apapa port in Lagos which resulted in the loss of nearly 30% of container traffic over the last five years.
Afreximbank To Promote Nigeria’s Intra-African Trade
The African Export-Import Bank (Afreximbank) has inaugurated a one Billion Dollars Nigeria-Africa Trade and Investment Promotion Programme (NATIPP) to promote and expand trade and investments between Nigeria and the rest of African country.
Femi Otedola Divests Forte Oil
Reports indicate that the Nigerian billionaire businessman and also oil magnate Femi Otedola is set to sell his seventy-five percent (75%) both direct and indirect shareholdings in Forte Oil company.
EFCC Releases Doyin Okupe After 48hrs In Detention
Doyin Okupe, former Senior Special Assistant on Public Affairs to former President Goodluck Jonathan, was on Wednesday released by officials of Economic and Financial Crimes Commission (EFCC). The former presidential aide was arrested on Monday by the EFCC over allegations of hate speech and cyber stalking.