At its meeting presided over by the Vice President, Prof. Yemi Osinbajo, SAN, the National Economic Council, NEC, today endorsed a new funding regime for the oil and gas industry, eliminating the often arduous and onerous cash call regime...

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA) Dr. Dakuku Peterside has stated that if Nigeria must advance its global economic interest then the country must ensure that it gets the regulation of the maritime...

The Federal Govern­ment has indicted some revenue-gener­ating agencies, often regarded as ‘juicy’ parastatals, for squandering over N1 trillion on bogus salaries and allowanc­es for their workers. The government, which de­clared the situation as no long­er acceptable, has resolved to bring...

The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said that the fund would be utilised for the development of Lagos-Kano rail line and rail lines connecting the South and South-east parts of the country. Enelamah said that infrastructure development...

The Federal Government has so far disbursed a total of N220.5 billion budget support facility to 35 states. Bauchi State Governor Mohammed Abubakar said Finance Minister Kemi Adeosun dropped the hint at the Council Chambers of the Presidential Villa in...

The Federal Government will investigate the administration of former President Goodluck Jonathan over alleged unequal disbursement of N2 billion Ecological Fund to states. Vice President Yemi Osinbajo disclosed this at the Council Chambers of the Aso Rock Presidential Villa in...