In Q1, DisCos Record N777bn Revenue Collection, Fault Restructuring The electricity Distribution Companies (DisCos) says it has established a new revenue collection milestone of N777 billion in the first quarter of 2022. This was after its investors faulted the recent restructuring of five DisCos by...

States Receives N472bn World Bank-Assisted Fund - FG The Federal Government, says states had received N471.9bn of the $1.5bn World Bank-assisted States Fiscal Transparency, Accountability and Sustainability Programme for Results. It noted that in addition to the grant, all the 36 states had domesticated the fiscal...

Nigerians’ Expenditure on Utility Bills Hits N1.69tn Latest data from the Nigeria Inter-Bank Settlement System shows that Nigerians spent N1.69tn electronically on utility bills such as power, Pay TV subscriptions, and other everyday utilities in the first seven months of 2022. This is a 32.06 per...

Yusuf Alli @60: Unveiling an Investigative Journalist Par Excellence By Yushau A. Shuaib He is one of the finest gentlemen of the press that I have ever encountered. A courageous, fearless, humane and humble editor, Mallam Yusuf Alli has come a long way in redefining investigative...

Nigeria Loses N891bn To Gas Flaring In 18 Months   Nigeria lost N891bn to gas flaring in 18 months, according to data from the Nigerian Oil Spill Monitor, an arm of the Nigerian Oil Spill Detection and Response Agency (NOSDRA) released on Sunday. The data revealed that...

In Seven Years, Nigeria’s Budget Deficit Rises to N30.58tn Analysis of the reports on the Budget Office of Nigeria’s website revealed that Buhari’s administration has reportedly spent at least N54.98tn on budget implementation since its inception but has only financed this spending with N24.39tn, leaving...