Farmers, processors, Others To Get N432bn – CBN     The Central Bank of Nigeria on Thursday said it plans to fund the value chains of nine agricultural commodities to the tune of N432bn in the 2020 wet planting season. It outlined the commodities to include rice, cotton,...

AMCON Impounds Doggi Group’s Assets Over N440m Debt     The Asset Management Corporation of Nigeria has taken over assets belonging to the Chief Promoter of Doggi Group Limited, Alhaji Umaru Abdullahi, over an indebtedness of more than N440m, following the order of Honourable Justice A.I. Chikere...

Buhari Orders Release Of N19.6bn For East-West Road Project   President Muhammadu Buhari, has directed that N19.67bn be released to fast-track the completion of section I-IV of the East-West road project. Minister of Niger Delta Affairs, Godswill Akpabio, said the President also directed that the project should...

Farmers Lambast Ministry Over N13bn Pest Control Fund   Nigerian Farmers on Thursday lambasted the Federal Ministry of Agriculture and Rural Development for planning to spend N13bn on the control of pests in 12 northern states. Last week, the FMARD announced that the Federal Government had approved...

N1.8trn Fund: We Received Only N58bn - Discos     Electricity distribution companies on Wednesday claimed that out of the N1.8tn intervention fund so far injected into the power sector, they only accessed N58bn from the Central Bank of Nigeria’s N213bn loan facility. The Discos said the N58bn...

In 14 Days, Kano Customs Seize N56.577m Contrabands     Federal Operations Units zone B of Nigerian Customs have seized smuggled goods with duty paid worth N56,577,500 within two weeks of operations. The Controller of Customs, Muhammad Sarkin-Kebbi, who made the disclosure at a media briefing, listed some...