FG Okays N109bn Contracts For Four Roads, Hostel     The Federal Government on Wednesday approved different contracts on roads and others totalling N109.187bn. The approvals for the contracts were parts of the decision reached at a virtual meeting of the Federal Executive Council presided over by the...

Customs Intercept Goods Worth N1.2bn     The Northcentral Zone of the Nigeria Customs Service (NCS) yesterday said it has seized contraband goods worth N1.2 billion from May till date. The zone comprises Kwara, Kogi, Niger and Benue states. The service also said it has arrested no fewer than...

Reps Summon NNPC, NLNG Over Alleged Illegal $1.05bn Withdrawals     The House of Representatives has resolved to investigate the alleged illegal withdrawal of funds from the Nigerian Liquefied Natural Gas Limited amounting to $1.05bn by the Nigerian National Petroleum Corporation. The resolution followed the adoption of a...

Lawmakers Approve N168.809bn Budget For FIRS     The House of Representatives has approved the sum of N168.809 billion for the Federal Inland Revenue Service for the 2020 fiscal year. This followed the receipt and adoption of a report by the House Committee on Finance during plenary on...

Court Can’t Stop $30bn Revenue Leakage Probe – Lawmakers     The House of Representatives has said that no court can stop the legislature from investigating or exposing corruption in the country. Chairman, House of Reps Committee on Finance, James Faleke, stated this in Abuja, yesterday, at an...

FG To Spend $1.45bn On Ajaokuta Steel, Iron Ore Coy     The Minister of Mines and Steel Development, Olamilekan Adegbite, on Monday, hinted that the resuscitation of the Ajaokuta Steel Company and the National Iron Ore Mining Company (NIOMCO) projects will gulp about $1.45 billion (about...