FG Disburses $1.1m Grant To Boost Solar Power In Rural Areas         The Managing Director/Chief Executive, Rural Electrification Agency (REA), Mr. Ahmad Salihijo, said the agency had disbursed over $1.1 million to 12 solar power companies as part of efforts to boost rural electrification across the...

Customs Intercept Textiles, Rice Worth N1.42bn In Lagos         The Comptroller General of Customs’ Strike Force Team on Wednesday said it has intercepted 564 bales of textiles materials falsely declared as machinery, foreign parboiled rice, footwears and foreign bags worth N895m. Speaking while unveiling the seizure, the...

We’ve Recovered Missing N5bn NHIS Funds – Sambo         The Executive Secretary, National Health Insurance Scheme, Prof. Nasir Sambo, has said the institution has recovered N5bn funds missing from the scheme. He also said the NHIS had capacity to recover more missing funds. Sambo said this while delivering...

Fed Govt Expects $26bn Diaspora Remittance To Rise         The Federal Government on Tuesday in Abuja called on Nigerians in the Diaspora to be part of its programmes and policies by investing at home for national development. The government which put the remittances from Nigerians in the...

China Approves Loan For $2.6bn AKK Gas Pipeline         China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced on Tuesday. Minister of Finance, Budget and National Planning, Zainab Ahmed, and Group Managing...

House Summons Finance Minister Over $36.1m World Bank Loan         The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, part of which was allocated...