Fed Govt Recovers N3.7bn From NDDC Contractors   Anti-graft agencies had recovered N3.7bn from Niger Delta Development Commission contractors, President Muhammadu Buhari, said on Tuesday. Buhari noted that the recovery was an example of how the commission had suffered abuses over the years, a reason its operations...

N125bn Required For Road Maintenance - FERMA Boss   The amount required for the maintenance of federal roads in Nigeria annually is N125bn, and not N36bn as allocated for capital budget in the 2020 appropriation bill, the Federal Roads Maintenance Agency said on Tuesday. According to FERMA,...

Telecoms Sector Contributes N6trn To GDP Quarterly, NCC Says   Nigeria’s telecommunications sector contributes over N6tn to the country’s Gross Domestic Product in each quarter of every year, the Executive Vice Chairman of the Nigerian Communications Commission, Prof. Umar Dambatta, has said. He said this on Tuesday...

Reps Consider Buhari’s $22.79bn Loan Today   The House of Representatives has scheduled consideration of the $22.79bn external borrowing request by President  Muhammadu Buhari for Wednesday (today). The Speaker, Femi Gbajabiamila, made this known at the plenary on Tuesday. He made the announcement in reaction to a member,...

FG’s Pension Liabilities Rose To N494.12bn In 2019   The National Pension Commission (PenCom), has disclosed that Federal Government’s total arrears of pension liabilities stands at N494.12 billion as at the end of 2019. The Acting Director General of the Commission, Mrs. Aisha Umar-Dahir, disclosed this at...

Customs Sets N83.19bn Target For Port Harcourt Command   The Area 1 Command of the Nigeria Customs Service, Port Harcourt, said that it has been given a revenue target of N83,190,666,510.35 billion for the 2020 fiscal year. The Comptroller of Area 1 Command Port Harcourt, Awwal Baba...