Economic Confidential

N5,000 Stipend: How we Identified Beneficiaries – Presidency

Presidency has said the beneficiaries of the N5,000 stipend in the Social Investment Programmes, SIP, were selected through a credible process by non partisan approach. It stated that government workers, working with the state officials, identified the poorest local government...

NUPENG Begins 3-day Warning Strike, Wednesday

Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, is set to begin a three-day nationwide warning strike on Wednesday, over disputes with International Oil Companies, IOCs, especially indiscriminate sack of workers without benefits and refusal to allow their...

Oil Marketers Responsible for Cooking Gas, Kerosene Scarcity — NNPC

The Nigerian National Petroleum Corporation, NNPC, has blamed oil marketers in the country for the excruciating scarcity of kerosene and Liquefied Petroleum Gas, LPG, also known as cooking gas and the high price of the commodities across the country. The price...

NNPC Targets 60% Local Refining Capacity for 2017

The Nigerian National Petroleum Corporation (NNPC) has commenced moves to reduce products importation by boosting the capacity utilization of the refineries to 60 per cent by the end of 2017. This was disclosed by the Group Managing Director of NNPC,...

Farming: Kaduna Employs 10,000 Youths

The Kaduna State Government has begun the cultivation of 10,000 hectares of land to create job opportunities for 10,000 youths. The Executive Secretary of the Kaduna State Industrialisation and Micro-Credit Management Board, Alhaji Sabi’u Sani-Isma’ila said. He said that the programme...

Taskforce Recovers Stolen Power Installations

The Anti Vandalism Joint Task Force recently inaugurated by the MD/CEO of Kano Electricity Distribution Company Plc (KEDCO) Dr Jamil Isyaku Gwamna, has recovered electrical installations worth millions of Naira from suspected vandals in Kano. A statement by KEDCO’s spokesperson,...
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