Fed Govt Signs N105bn Afam Power Sale Pact Today       The signing ceremony for the sale of Afam Power Plant for N105bn to the preferred bidder will be done by the Federal Government Thursday (today). It was gathered on Wednesday that the ceremony, which holds at the...

FG Okays N87.5bn Contracts For Roads, Bridge       The Federal Executive Council on Wednesday approved N87.54bn for the construction of some roads in parts of the country. The amount approved included the cost variation for two existing road contracts. The Minister of the Federal Capital Territory, Muhammed Bello;...

Operators Urge FG On Forex For N100bn Health Fund       Operators in the Nigerian pharmaceutical industry on Tuesday appealed to the Central Bank of Nigeria (CBN) to make a special allocation for all those who are beneficiaries of the healthcare facility to be given forex to...

N5bn Airline Fund Small, Operators Say       Shocks have trailed the Federal Government’s approval of N4 billion intervention fund for airlines as some operators said it is too small to address any challenge facing the airline industry. Minister of Aviation, Senator Hadi Sirika had announced the approval...

Senate Tackles Lai Mohammed Over N250m Project       The Senate on Tuesday tackled the Minister of information, Lai Mohammed, over a controversial project fully funded by the Ministry of Finance for execution by his Ministry in the 2020 fiscal year. The project was tagged ERPG 10145116, and...

Local Airlines’ Debt Burden Hits N22bn       Minister of Aviation, Hadi Sirika, yesterday, disclosed that the local airlines’ total debt burden to regulatory agencies stood at N22 billion. A breakdown showed the sum of N19.37 billion and $6,993,284 million (N2.7 billion) as unremitted Ticket Sales Charge...