Set Up N15bn Emergency Fund, Reps Tell Fed Govt     The House of Representatives on Tuesday urged the Federal Government to set up a strategic N15 billion Coronavirus Emergency Fund for universities and other tertiary institutions. It said this would enable such institutions to respond to the...

Contractors Threaten Agric Ministry Over N17bn Debt     Contractors that handled the 2018 procurement in the Ministry of Agriculture and Rural Development, have threatened to take legal action against the Ministry over N17billion debt The leader of the Group, Daniel Mozie, yesterday said they had picketed the...

CBN, NNPC To Spend N1bn On 3,000 Returnees     The Central Bank of Nigeria and the Nigerian National Petroleum Corporation have agreed to spend over N1bn on the quarantine and feeding of over 3,000 Nigerians awaiting evacuation in foreign countries. The two organisations are expected to share...

FG Loses $1bn Annually In Maritime Sector     A former Director General (DG) of the Nigerian Maritime Administration and Safety Agency (NIMASA), Temisan Omatseye, has said the Federal Government loses up to $1 billion annually in the maritime sector due to policy summersaults and expatriate players’...

Pension Fund Operators Invest N47.32bn In Infrastructure   The Pension Funds Administrators have increased their pension funds investment in infrastructure to N47.32bn, latest statistics from the National Pension Commission have revealed. The latest figure was said to be as of the end of February 2020. The total assets...

In Four Months, Tin-Can Island Customs Generated N117.839bn   The Tin-Can Island Command of the Nigeria Customs Service (NCS) has reported that it generated N117.839 billion as revenue into the Federation Account between January and April, 2020. The revenue collections represented about N11.194bn increase over the N106.644bn...