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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NLC To GenCos: Account For Massive N6 Trillion Demand After Buying Assets For Only N400bn
The Nigeria Labour Congress has challenged the Association of Power Generation Companies (APGC) to justify the N6trillion Federal Government’s debt call after buying the privatised assets of the successor companies of the
PENGASSAN:Tinubu Misled On Oil Sector Executive Order
The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), has claimed that President Bola Tinubu was misled by his advisors to sign the recent executive order on the nation’s oil
PDP:Fear Of 2027 Defeat Forced Tinubu’s Quick Assent To Electoral Act
The Peoples Democratic Party (PDP), has said that the fear of inevitable defeat from a free and fair election, was the reason for the swift presidential nod to the controversial Electoral Act
Tinubu Orders Direct Oil Revenue Remittance To Federation Account, Stops NNPC Deductions
President Bola Tinubu has signed an executive order to safeguard and enhance oil and gas revenues for the Federation, curb wasteful spending, eliminate duplicative structures in the critical sector of the national
Power GenCos Defy NLC, Demand Probe Over Fraud Allegations
The Association of Power Generation Companies (APGC) says it’s ready for forensic examination of its books by the Nigeria Labour Congress to clear its image of fraudulent allegations being peddled around by
Ramadan: Kebbi Govt Reduces Work Hours For Civil Servants
Governor of Kebbi State, Dr Nasir Idris has approved the reduction of official working hours for the public servants in the state during the month of Ramadan. This is contained in a
Alleged Soldier Attack: JED Reports To DSS, Pulls Staff
The Jos Electricity Distribution (JED) Company, has condemned the alleged attack by soldiers of the Nigeria Army School of Military Engineering (NASME) on one of its staff, attached to the Injection Sub-staion
1% NCDF Remittance Remains Mandatory, NCDMB Warns Oil Firms
The Nigerian Content Development and Monitoring Board (NCDMB), has warned operators, contractors, and service companies in the upstream sector of the Nigerian oil and gas industry of their mandatory obligation to remit
Beware Of Fake Contract Deals, NUPRC Warns
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC), has raised alarm ove4 activities of fraudsters impersonating officials of the Commission and offering fake contract deals in order to extort money from unsuspecting victims.
Dangote Secures $400M Equipment Pact To Boost Refinery Output
Dangote Group has inked a $400 million construction equipment agreement with XCMG Construction Machinery Co., Ltd., one of China’s manufacturers of construction machinery. The act is pursuant to accelerate the expansion of
