FG Mulls Converting Arik, Aero Contractors To National Carriers The Asset Management and Corporation of Nigeria (AMCON) has said Arik and Aero Contractors airlines may be merged and converted to a national carrier. The AMCON Managing Director/Chief Executive Officer, Gbenga Alade,...

REA Announces Completion Of N28.7bn Projects From 2023 Budget   The Rural Electrification Agency (REA) yesterday said it has completed N28.7 billion projects out of its N31.7 billion allocation in 2023. Its Acting Managing Director, Engr. Abba Aliyu said this during...

'Nigeria Loses N50m Daily To Pineapple Importation'   An Agriculturist, Amb. Oluwasegun Alabi, has disclosed that the country loses N50 million daily to importation of pineapples despite producing about 1,607,200 metric tons per annum, placing the country as the eight largest...

'FG Spending Exceeds Revenue by 225%' A report by BudgIT, an accountability firm, has revealed that the Federal Government spent three times its revenue in 2023, resulting in a deficit of N13.50tn. In its analysis of the 2023 fiscal accounts from...

NEITI To Probe 190 Oil, Mining Companies’ Revenues About 198 extractive companies and government agencies have submitted information and data for the ongoing nationwide reconciliation and validation of revenues in the oil, gas, and mining industries by the Nigerian Extractive...

Cooking Gas Hits N1,300/kg, FG Plans Intervention The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, says the Federal Government would do everything it could to reduce the rising cost of Liquefied Petroleum Gas also known as cooking gas. The...