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Okonjo-Iweala’s Memo Caused N1.7tn Revenue Loss- Senate

The Senate Ad Hoc Committee on Alleged Misuse, Under-Remittance and Other Fraudulent Activities has said revenue agencies short-changed the Federal Government the sum of N1.7tn as unremitted revenue generated between 2012 and 2016. The panel blamed it on a memo...

Solving Nigeria’s Housing Problem By 2030 Impossible- Obasanjo

"Housing will continue to be a challenge for us till the next two generations", Former President Olusegun Obasanjo has lamented. Obasanjo has called for smart policies that can stimulate investment in housing development to address the five million housing deficit...

Budgets, Budgeting And The Legislature

Recent pronouncements and actions from the Ministry of Budget and National Planning point to the expectation that the 2018 budget proposals will get to the National Assembly for consideration before the end of October 2017 as promised by the...

Federal Agencies Remit Less Than N1.695tr

The Senate ad-hoc committee probing misuse and under remittance of Internally Generated Revenue (IGR) has uncovered over N1.695 trillion unremitted by Federal Government agencies. The committee is also investigating other fraudulent activities in collection, accounting, remittance and expenditure of IGR. The...

Over 800 Customs Officers Deployed To Combat Smuggling

About 800 senior officers of the Nigerian Customs Service (NCS), Federal Operations Unit ( FOU) Zone ‘A’ , Ikeja, have been deployed to major towns and villages around the border areas of the country to increase the anti-smuggling war’s...

FG Generates N6.69bn With Savings Bond

In a bid to achieve its objective of financial inclusion by attracting retail investors into the bond market, the Federal Government said it has generated a total of N6.69 billion through the monthly issuance of the FGN Savings Bond...
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