Shola Shittu

Fashola Tasks Investors On Due Process

The minister, Power, Works and Housing, Babatunde Raji Fashola, has advised prospective investors in the ministry to always ensure that they followed due process in going about their investments, assuring them of security of their businesses. The minister stated this...

Crackdown On Tax Debtors: FIRS Shuts Company Owing $10m

The shutdown of tax defaulting companies and business premises by the Federal Inland Revenue Service (FIRS) continued on Wednesday, as FIRS enforcement teams visited tax defaulting companies in Lagos, Nnewi and Kaduna. In Lagos, the FIRS sealed off   the office...

UBEC Funds: 28 States Yet to Gain Access

The Ministry of Education has reported 28 states which did not access the N64.8 Universal Basic Education Commission funds in the country to the Federal Executive Council. Also, the Federal Government is currently working on a mechanism that would allow...

FG Releases N9.8bn to Fight Polio in N’East

The Federal Government has released N9.8bn to fight against the polio outbreak especially in communities in the North-East affected by the activities of Boko Haram insurgents. The Minister of Health, Prof. Isaac Adewole, said this at a press briefing  in...

FG Okays Four Oil Wells for Lagos, Rejects One

The Federal Government says four of the five oil wells discovered in Lagos belong to the state. It added that the fifth oil well could not have belonged to the state since its location fell outside the approved distance. The Chairman,...

Electricity Firms Face Fresh Financing Hurdles

• Unable to service N402b debt The improvement in electricity supply in recent times may be short-lived. This has nothing to do with low generation output when the rains stop or the vandalised gas pipelines, which have not been fixed....
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