Customs Seize N788.18m Smuggled PMS, Rice At Seme Border
The Nigeria Customs Service, Seme Command made 1,294 seizures with a duty paid value of N788.19m in the year 2020, the agency said on Monday.
According to a statement signed by the spokesman of the command, Hussaini...
FG Releases N37bn COVID-19 Survival Fund
The Federal Government has so far released N37bn (Survival Fund) as part of the implementation of its Economic Sustainability Plan aimed at cushioning the negative impact of COVID-19 on Nigerians.
The fund covers schemes such as N50,000 Payroll Support for...
Foreign Investment In Construction Declines By $8m
The total foreign investment in the construction industry fell by $8.28m to $22m as of the end of 2020 from $30.28m as of the end of 2019.
Latest figures obtained from the National Bureau of Statistics on Friday revealed...
$20bn Oil Theft: Reps Grill DPR, Summon NNPC, CBN
The House of Representatives has continued its investigation of diverted and stolen crude oil in Nigeria valued at $20m, with its Ad Hoc Committee on Oil Theft grilling top officials of the Department of Petroleum Resources.
While...
Road Concession: Fed Govt Expecting N1trn Private Sector Investments
The Federal Government is expecting over N1tn from the private sector for the development and maintenance of the 12 highways that it selected for concession under the Highway Development Management Initiative.
It was gathered in Abuja on...
Customs Impound Smuggled Goods Worth N40.5m In Duty Paid Value
The Federal Operations Unit (Zone B) of Nigeria Customs Service (NCS) has seized smuggled goods worth N40.530 million in Duty Paid Value (DPV).
Comptroller Al-Bashir Hamisu disclosed this at the zone’s headquarters along Kaduna-Zaria highway yesterday.
He...
