Shola Shittu

N105b Debt Cripples NDPHC

The Managing Director, Niger Delta Power Holding Company (NDPHC), Chiedu Ugbo yesterday lamented that the over N105 billion debt being owed the firm is affecting its operation. He said other challenges bedeviling the firm, include low pace of work, vandalism...

Nigeria Very Safe for Investors – Adebayo Shittu

The Minister of Communications, Adebayo Shittu, has described the Nigerian economy as one ready for investments, stressing that the atmosphere is conducive. Shittu, who linked the fact that several investors have been in the country and many more on their...

EFCC to Investigate Ministers, others

• Corruption, crime against humanity –Magu • ‘Why we arrested Reuben Abati’ Chairman of the Economic and Financial Crime Commission (EFCC), Ibrahim Magu revealed, in Kaduna, yesterday, that they have the mandate to investigate every government official, including ministers, irrespective of...

Adeosun Explains 2017 Budget Figures

The Minister of Finance, Kemi Adeosun, yesterday, said the Federal Government would put forward the sum of N6,866,335,052,740 as 2017 budget. She told members of the Senate Committee on Finance, led by its chairman, John Owan Enoh (PDP, Cross River...

Buhari Seeks Approval for $29.9bn Foreign Loan

President Muhammadu Buhari has written to the National Assembly asking them to approve a foreign loan of $29.960 billion to address infrastructure deficit in the country. The amount, which is under the government’s External Borrowing Plan, is to be spent...

Senate okays Reintroduction of Tolls on Federal Roads

The Senate on Tuesday passed a motion seeking to revive collection of tolls on federal highways across the country. It said collection of toll, from motorists was the only way to construct and maintain roads and enhance their efficiency. The upper...
spot_img

latest articles