HomeBusiness

Business

‎Tinubu Cites Higher Revenue Projections as Reason for 2025 Budget Hike Request

‎Tinubu Cites Higher Revenue Projections as Reason for 2025 Budget Hike Request ‎President Bola Tinubu has urged the Senate to raise the 2025 budget from N49.7 trillion to N54.2 trillion, a N4.5 trillion increase, citing improved revenue projections as the main reason. ‎Senate President Godswill Akpabio...

‎Senate Reviews Tinubu’s N4.5trn Budget Hike

‎Senate Reviews Tinubu’s N4.5trn Budget Hike ‎President Bola Tinubu has requested the Senate to increase the 2025 budget from N49.7 trillion to N54.2 trillion, a N4.5 trillion hike. ‎ ‎Senate President Godswill Akpabio read the request during Wednesday’s plenary, citing additional revenues from: ‎ ‎N1.4 trillion (Federal Inland Revenue...

Borno Flood: Tinubu Approves N80bn for Alao Dam Reconstruction

Borno Flood: Tinubu Approves N80bn for Alao Dam Reconstruction President Bola Ahmed Tinubu has approved N80 billion for the immediate reconstruction and expansion of the Alau Dam in Borno State. Located in the Alau community of Konduga, Borno, the dam was built between 1984 and...

21 million Nigerians Lack Telecom Access — Tijani

21 million Nigerians Lack Telecom Access — Tijani The minister of Communications, Innovation and Digital Economy, Bosun Tijani, revealed that 21 million Nigerians across 4,834 communities, most rural areas, lack access to basic mobile connectivity. He disclosed this while announcing two announcements pertaining to the digital...

Local Refineries: PETROAN Says Crude Producers Divert 500,000 barrels Daily 

Local Refineries: PETROAN Says Crude Producers Divert 500,000 barrels Daily  The Petroleum Products Retail Outlets Owners Association of Nigeria has alleged that oil producers are diverting the daily 500,000 barrels of crude oil meant for local refineries. The association said this while commending the Nigerian Upstream...

19 Illegal Gas Stations Seized in Delta – NMDPRA

19 Illegal Gas Stations Seized in Delta - NMDPRA The Nigerian Midstream and Downstream Petroleum Regulatory Authority has sealed 19 illegal Liquefied Petroleum Gas and Category D cooking gas outlets in Delta State. Category D LPG operators are those who refill gas from licensed plants for...