The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
No fewer than 180 women entrepreneurs from across the Niger Delta region have commenced a business development training programme organised by the Niger Delta Development Commission, NDDC, in collaboration with the Society
Rivers State Governor, Sir Siminalayi Fubara, has lamented the enormous economic opportunities lost due to the underutilisation of the two seaports in the state. He said until their capacities are optimized, Rivers
The National Pension Commission (PenCom) has announced the launch of Pension Revolution 2.0 in Nigeria. The new phase is built on a transformative programme of reforms that builds on two decades of
The Federal Government’s decision to revoke 1,263 mineral licenses for failure to pay licensing fees and other statutory financial obligations was fully consistent with our audit findings,the Nigeria Extractive Industries Transparency Initiative (NEITI) has
The Revenue Mobilisation Allocation and Fiscal Commission ( RMAFC) has commenced the verification of disputed and newly drilled crude oil, gas fields and wells in the Niger Delta. The exercise started on
Unlocking domestic and foreign investment is non-negotiable, for Nigeria to sustain economic growth and deliver prosperity to the citizenry, te Nigerian Economic Summit Group(NESG) has said. Ayanyinka Ayanlowo, Acting Head, Strategic Communication
Stakeholders in Nigeria’s economy have implored President Ahmed Tinubu to consider high tariffs increase to discourage fuel importation and add increased crude supply to Dangote Refinery with licence for oil exploration. They also advised
No fewer than 1,263 mineral licenses have been revoked by the Federal Government due to the failure of license holders to pay mandatory annual service fees, the Minister of Solid Minerals Development,
By Blaise Udunze When the Federal Government announced with much fanfare that it had disbursed a colossal N330 billion in cash transfers to poor Nigerians, I paused, not in celebration, but in
By Kunle Odusola-Stevenson For decades, Nigeria has lived with a cruel irony. Beneath our soil lies an ocean of crude oil, yet on our roads and in our factories, we rely on