Monetary

Nigeria Received $26.94bn Donations In six years – Fed Govt

Nigeria Received $26.94bn Donations In six years – Fed Govt         The Federal Government has said Nigeria received a total of $26.94bn development assistance funds from international donors between 2015 and 2020. The amount, according to the Minister of State for Budget and National Planning, Clement Agba,...

NURTW Seeks Disbursement Of FG’s N10bn COVID-19 Palliative

NURTW Seeks Disbursement Of FG’s N10bn COVID-19 Palliative         The National Union of Road Transport Workers (NURTW) has called for immediate the disbursement of the ederal Government’s N10 billion COVID-19 palliative for transport operators. NURTW National President, Prof. Tajudeen Baruwa, made the call in an interview with...

FG Rejects Proposal To Repair Ports’ Scanners With N753m

FG Rejects Proposal To Repair Ports’ Scanners With N753m       There is an indication that the five faulty scanners at the Apapa ports have been abandoned as the Federal Government rejects proposal to repair them at a cost of N753 million. This development, our correspondent learnt, comes...

Lawmakers Probe N1.8bn Oil Terminal Contract

Lawmakers Probe N1.8bn Oil Terminal Contract       The House of Representatives has set up an enquiry into alleged irregularities in the oil Terminal Contract sum of N1. 8billion. Chairman, House Committee on Public Accounts, Rep. Woke Oke disclosed this during the investigative hearing into the execution of...

Discos Failed To Remit N119.88bn In Three Months – NERC

Discos Failed To Remit N119.88bn In Three Months – NERC         The 11 power distribution companies operating in Nigeria failed to remit N119.88bn in the first quarter of the year, the Nigerian Electricity Regulatory Commission has said. In its quarterly report for the first quarter released on...

FCTA Disburses N2.495bn To Area Councils

FCTA Disburses N2.495bn To Area Councils       The Federal Capital Territory Administration (FCTA) said it has disbursed the total sum of N2.495, 241,552.54 billion to the six area councils in the Federal Capital Territory (FCT) and other stakeholders, as its share of statutory allocation for the...