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...

Vehicle Owners To Pay N250,000 To Convert Cars To Autogas - FG       The Federal Government says car owners will pay up to N250,000 to have their vehicles converted to run on gas. Justice Derefaka, Technical Adviser on Gas Business and Policy Implementation to Minister of State...

Solar Power Programme’ll Generate N7bn Tax Revenues Yearly - FG       The roll out of five million new solar power connections in off-grid communities is to generate an additional N7bn in tax revenues annually to Nigeria, the Federal Government has said. According to the government, the programme...

Maritime Security: FG Plans To Spend N8.9bn On Boat Rentals         The Federal Government through the Federal Ministry of Transportation is proposing to spend a whopping N8.7billion annually as rentals for fast intervention boats with which it hopes to tackle maritime crimes on the nation’s coastal...

Customs Strike Force Impounds N767m Worth Of Goods In 3wks         The Comptroller General of Customs, Strike Force has intercepted contrabands and raised Debit Notes (DN) on under-declared cargoes worth N767million in three weeks. Recall that importation and smuggling through the Lagos seaports and land borders, increase...