Nigeria’s Debt Profile Hits N32.92trn
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
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Senate Seeks Relocation Of Oil Companies ,Moves To Repeal Electricity Power Sector Reform Act
The Senate has ordered its committees on Petroleum Resources Upstream, Downstream Petroleum Sector and Gas to liaise with the Ministry of Petroleum Resources and the Presidential Implementation Committee on the Petroleum Industry
How 77 Oil Coys Evaded N2.659 Trillion Taxes -NEITI
Dr. Orji Ogbonnaya Orji, the Executive Secretary of Nigeria Extractive Industries Transparency Initiative (NEITI) says the agency has devised fresh plans to collaborate with the government to provide relevant information and data to
OPEC Rates Africa’s Refining Outlook High
The Organisation of the Petroleum Exporting Countries,has rated Africa’s refining outlook high,saying it had improved phenomenally. The oil cartel revealed this in its 2021 OPEC World Oil Outlook, adding that the Dangote
Lawmakers To Probe DisCos Over Crazy Billing
The House of Representatives,Tuesday,disclosed intent to probe electricity distribution companies in Nigeria for allegedly over billing customers The lower House mandated its committee on Power to carry out the investigation and report
Eko Disco Goes Tough On Vandals
The Eko Electricity Distribution Company (EKEDC) says it would go to full length to ensure that equipment vandals face the wrath of the law. The power firm therefore implored its customers to
INEC Faults NCC On Electronic Transmission Of Election Results
Festus Okoye, national commissioner, Independent National Electoral Commission (INEC) has said that the Nigerian Communication Commission (NCC) lacks the power to dictate to the electoral body on matters relating to electronic transmission
Osun,Firm Ink Agreement On Establishment Of Biorefinery
Osun State Governor, Adegboyega Oyetola, has signed a Memorandum of Understanding (MoU) between his administration and a firm, VirtueplusTwo Integrated Nigeria Limited, for the establishment of a bio-refinery in the state. Speaking
Why FG Withdrew Approval For Disbursement of Cabotage Fund
President Muhammadu Buhari has withdrawn the approval for the disbursement of the Cabotage Vessels Finance Fund (CVFF) The Minister of Transportation, Chibuike Amaechi, who disclosed this during the flag off of the
Infractions: Major Oseni Slams N2bn Suit On FCMB
One Major, Akeem Aderogba Oseni has slammed a N2billion suit against the Nigerian Army and First City Monument Bank (FCMB) over violation of his fundamental rights. The suit marked FHC/ABJ/CS/1104/2021, dated September
Democracy In Peril
By Ebun-Olu Adegboruwa, SAN The situation in Nigeria presently is very alarming, and this is no exaggeration at all. The grim realities facing us ahead of 2023 are daily being worsened by
