Fed Govt Approves N5bn Bailout For Aviation Sector         The Federal Government has said it will soon commence the disbursement of the N5 billion bailout it approved for the operators in the aviation sector. Minister of Aviation, Senator Hadi Sirika disclosed this on Monday at the opening...

Electricity: In 10 Months, Nigeria Loses N243bn       Nigeria recorded losses in power generation volume valued N243 billion between January and October this year. This is contained in the October 2020 electricity generation statistics released by the Association of Power Generation Companies (APGC), the umbrella body...

FG Explains Modality For N75bn Youth Support Fund       Minister of Finance, Budget and National Planning, Hajia  has explained the modality for the disbursement of the Federal Government’s N75 billion Entrepreneurship Youth Support Fund. She spoke at the weekend in Kaduna at a meeting with 77 district...

Fed Govt To Spend N269.38bn On 6million Free Meters       The Federal Government is to spend between N269.38bn and N497.13bn on the provision of six million free meters to various unmetered power users across the country. Also, findings from separate quarterly reports of the Nigerian Electricity Regulatory...

In Three Months, Nigeria Imported N2.78trn Manufactured Goods – NBS       Nigeria imported manufactured goods worth N2.78tn while the total export component was N254.2bn between April and June. According to figures obtained from the National Bureau of Statistics on foreign trade statistics for the second quarter, this...

NERC Earns N3.25bn In Q1, Spends N1.9bn         The Nigerian Electricity Regulatory Commission (NERC) says it earned a higher revenue of N3.25 billion but its expenditure rose to N1.94bn in the first quarter of 2020. According to the first quarter report, the revenue was an increase of...