Monetary

FG To Implement $1.2bn ‘Green Imperative’ Agricultural Programme

FG To Implement $1.2bn ‘Green Imperative’ Agricultural Programme   The Federal Government is set to implement a programme called Green Imperative, which it said would revolutionise agriculture in Nigeria. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this in Abuja on Thursday at a joint...

Senate Investigates N1.8trn Spent On Power Sector Intervention

Senate Investigates N1.8trn Spent On Power Sector Intervention   The Senate Committee on Power said on Thursday that it had concluded plans to execute a three-day investigative hearing on the operations of the power sector since privatisation in 2013. Specifically, the panel said it had the mandate...

FEC Okays N1.6bn For Proposed Abuja Runway

FEC Okays N1.6bn For Proposed Abuja Runway     The Federal Executive Council has approved the sum of N1.6bn for consultancy services for pre-contract services for the design and construction of a second runway at the Nnamdi Azikwe International Airport, Abuja, with a completion period of 12...

Agric Ministry: Workers Protest Picketing, Asks FG To Clear N17bn Contract Debts

Agric Ministry: Workers Protest Picketing, Asks FG To Clear N17bn Contract Debts     The protests and crisis rocking the Abuja head office of the Federal Ministry of Agriculture and Rural Development took another turn on Wednesday as ministry workers protested against disruption of work by indebted...

PFAs Shun T’bills, Invest N1.6trn In Banks, Commercial Papers

PFAs Shun T’bills, Invest N1.6trn In Banks, Commercial Papers     Pension Fund Administrators have gradually reduced investment of pension funds in the Contributory Pension Scheme in treasury bills, findings have revealed. Data obtained by our correspondent from the National Pension Commission revealed that the operators have increased...

Stamp Duty Revenue Projection Reduced To N200bn

Stamp Duty Revenue Projection Reduced To N200bn     The FIRS said it has deployed technology to increase its tax base as well as improve the collection process. FIRS Executive Chairman, Muhammad Nami, noted, however, that accessing and collecting tax depend largely on the performance of the economy...