Senate Probes Budget Office Over N19bn Payment Without Approval   The Senate on Tuesday commenced investigation into alleged illegal payment of N19bn to four federal agencies, by the Budget Office. Officials of the Budget Office did not appear before the Senate Public Accounts Committee. SPAC, relying on the...

Budget: Fed Govt Allocates N4.2bn To Moribund Ajaokuta Steel   The Federal Government has allocated the sum of N4.2bn to the Ajaokuta Steel Company Limited for the year 2022. This was disclosed in the 2022 budget details report obtained from the Budget Office. It was earlier reported that...

In Nine Months, Customs Generate N128.3bn From Onne Port   The Nigeria Customs Service (NCS), Area II Command in Onne Port, Rivers State, has collected a total of N128,317,325,936.68 as revenue from January to September 2021. The collected figure, which is N45,761,404,176.65 above the total of N82,555,921,760.03...

We Process N60bn Electricity Invoices Monthly - NBET   The Nigerian Bulk Electricity Trading Plc on Sunday said it processed N60bn electricity invoices monthly for various operators in the power sector. NBET, a wholly owned agency of the Federal Government, is the manager and administrator of the...

Despite Failure To Begin Operations, National Carrier Gets N400m Allocation   The Federal Government plans to spend N400m as working capital on its proposed national carrier which has failed to begin operations and has remained on the discussion table since 2015. It disclosed this in the 2022...

Diversification On Course, N3.3trn Revenue Collected From Non-oil Sector In 2021 - FIRS Boss The Chairman of the Federal Inland Revenue Service, Muhammad Nami, has stated that the diversification efforts of the present federal government is yielding desired results. Speaking at the ‘Public Presentation And Breakdown...