Senate Okays FG’s N148.14bn Refund To Ondo, Osun, Others         The Senate on Tuesday approved the request of President Muhammadu Buhari’, seeking a refund of N148,141,969,161.24 to Ondo, Osun, Rivers, Bayelsa, and Cross River states. The amount was meant for projects they executed on behalf of the...

FIRS Generates N4.178trn In 10 Months         The Federal Inland Revenue Service on Monday said as of the end of October this year, it had generated N4.178 trillion out of the target of N4.23 trillion for the same period. Coordinating Director, Tax Operations Group of the FIRS,...

Controversy Over N4.6bn Payments Due To IPPIS – Fashola         The Minister of Works and Housing, Babatunde Fashola, said no money was missing or stolen under his watch between September and December last year. Fashola denied reports that he supervised the illegal payment of N4.6bn into private...

Fed Govt Processing $750m World Bank Loan For States         The Federal Government has said it is processing a World Bank loan of $750 million on behalf of state governments, to stimulate the local economy as well as support vulnerable household’s consumption. The Minister of Finance, Budget...

Reps Demand N50bn Airlines Bailout         The House of Representatives has said Nigeria’s aviation sector needs about N50bn to cushion the effects of the COVID-19 pandemic while dismissing the N4bn proposed by the Federal Government as grossly inadequate. The House Committee on Aviation, which addressed journalists in...

Fed Govt To Begin $195m Maritime Security Project Q1 2021       The federal government has disclosed that barring any unforeseen circumstance, the $195 million Integrated National Security and Waterways Protection Infrastructure, also called the Deep Blue Project, which has suffered many delays will commence in the...