Agric Sector Records $12bn Post-harvest Losses Yearly – Fed Govt         The post-harvest losses recorded in Nigeria’s agriculture sector annually is currently about $12bn, the Federal Government said on Thursday. It disclosed this in Abuja through its Nigeria Incentive-Based Risk Sharing System for Agricultural Lending, during the...

FIRS Rakes In N4.122trn In Ten Months         The Federal Inland Revenue Service (FIRS) yesterday put its overall 2020 performance from January to October at N4.122 trillion. It said this is in spite of Covid-19 challenges, financial Act 2019 incentives and palliatives concessions. FIRS added that its non-oil...

NPA Generated N291bn Revenue In 10 Months       The Nigerian Ports Authority generated N291bn revenue between January to October 2020. This was disclosed by the Managing Director, Hadiza Bala-Usman, in a television programme on Thursday. Usman noted that the revenue of N291bn was in contrast to the N298bn...

$3trn Needed To Bridge Infrastructural Deficit In Nigeria - Osinbajo         Vice President Yemi Osinbajo says three trillion dollars is needed to bridge the infrastructural deficit in Nigeria over the next 30 years. He said that adopting new models of investments for infrastructural development in the country...

House Summons Ahmed, Emefiele Over $21bn NLNG Funds, N1.2trn Proceeds         The House of Representatives, on Thursday, summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed; Governor of the Central Bank of Nigeria, Godwin Emefiele; and the Accountant General of the Federation, Ahmed Idris,...

FEC Okays N120.7bn For Roads, Patrol Vehicles, Others         The Federal Executive Council approved different contracts totalling about N120.7bn at its weekly meeting on Wednesday. The contracts included those of roads, application software for the Federal Mortgage Bank, operational vehicles for the Nigeria Immigration Service and irrigation...