Monetary

Customs Rakes In N16m In Eighteen Months

Customs Rakes In N16m In Eighteen Months       The Nigeria Customs Service (NCS) Joint Border Patrol Team Sector three has disclosed that it raked in over of N16 million from 43 seizures of various items within 18 months. Also, the team arrested five suspected immigrants in connection...

Customs Seize Cannabis, Others Worth N412.78m

Customs Seize Cannabis, Others Worth N412.78m       The Nigeria Customs Service, Seme Command, has intercepted a total of 232 parcels of Cannabis Sativa with a duty paid value of N2,933,358.40 since the reopening of land borders to date by the Federal Government. A statement issued by Customs...

FCT Councils, Others Share N3.7bn In February

FCT Councils, Others Share N3.7bn In February       The Federal Capital Territory (FCT) administration has disbursed a total sum of N3.736 billion in February as against the N3.8 billion shared in January 2021. The money was disbursed to the six area councils and other stakeholders in the...

Fed Govt Recovers N49.7bn Out Of N5.2trn Debt – Ahmed

Fed Govt Recovers N49.7bn Out Of N5.2trn Debt - Ahmed     The Minister of Finance, Budget and National Planning, Zainab Ahmed has disclosed that the Federal Government has succeeded in recovering N49.7bn out of its N5.2tn debt. She was speaking on the council’s approval for the second...

Niger Delta Group Supports FG On $1.5bn P/Harcourt Refinery Repair

Niger Delta Group Supports FG On $1.5bn P/Harcourt Refinery Repair       The Niger Delta Non-Violence Agitators Forum has said the opposition to the $1.5bn proposed by the Federal Government for the rehabilitation of the Port Harcourt refinery is needless. The organisation also said going to court to...

Nigeria Spends $1.5bn Annually On Dairy Products

Nigeria Spends $1.5bn Annually On Dairy Products       The Minister of Agriculture and Rural Development, Alhaji Sabo Nanono yesterday said, the country still imports 60 per cent of dairy products consumed locally, amounting to about $1.5 billion yearly. Nanono spoke at the National Diary Policy Stakeholders Engagement...