Economic Confidential

FG is Committed to Infrastructure Financing- Adeosun

The Minister of Finance, Mrs. Kemi Adeosun has emphasised the importance of critical infrastructure projects, especially in the areas of Rail and Power to the country’s economic development. She spoke during the visit of the Chinese Ambassador to Nigeria, Mr....

We have no Hands in N27bn Insurance Deal for Defunct PHCN Staff -BPE

The Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Akpotaire, has clarified that the Bureau did not initiate nor received the much publicized N27billion Insurance deal for the staff of the defunct Power Holding of...

Osinbajo: Nigeria Needs Oil Revenues to Get Out of Oil

The Vice President, Prof. Yemi Osibanjo has said Nigeria will still need revenues from crude oil to rebuild her economy, diversify it and overcome her dependence on oil. Osinbajo also said the country’s chances of deriving maximum benefits from her...

We’ll Reject Proposal to Punish Dollar Hoarders – Senate

...We’re not part of move, says CBN The Senate has expressed surprise at a recommendation by the Nigerian Law Reform Commission for a review of the Nigerian Foreign Exchange Act to make people who have in their possession for more...

Stop Blackmailing FG, Fashola Tells Power Firms

Power distribution companies in the country must stop blackmailing the Federal Government in various advertorials in the media, the Minister of Power, Works and Housing, Mr. Babatunde Fashola, has said. According to Fashola, the firms should show how much the...

BPE, PTAD Pledge Cooperation on Pension Matters

Acting Director General of the Bureau of Public Enterprises (BPE), Dr. Vincent Onome Akpotaire has pledged the Bureau’s willingness to work with the Pension Transitional Arrangement Directorate (PTAD) to achieve its mandate especially on pension issues arising from privatized...
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