Reps Give Banks 14 Days To Remit N10bn Customs Duties To FG
The House of Representatives Committee on Customs has given two weeks ultimatum to five commercial banks to reconcile accounts and remit all outstanding customs duties to the federal government.
The Chairman of the Committee,...
National Development Plan Implementation To Gulp N350trn – FG
The Federal Government has said that the 2021 National Development Plan will require a total of N350tn for infrastructural projects over the next five years.
The Minister of State for Finance, Budget and National Planning, Clem Agba,...
Fed Govt Targets $150bn From Special Agro-Processing Zones
The federal government on Tuesday said the proposed Special Agro-Processing Zones (SAPZs) by the African Development Bank (AfDB) will help the country generate $150 billion in foreign reserve in the next 10 years.
The Minister of State for...
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...
