FEC Okays N65.9bn For Road Projects     The Federal Executive Council (FEC) has approved the sum of N65.9 billion for road projects across the country. Minister of State for Works and Housing, Abubakar Aliyu, told State House correspondents on Wednesday after the Federal Executive Council (FEC) meeting...

Stakeholders Fault Govt Over N1.5trn Revenue Target For Customs   Stakeholders have faulted the government for setting revenue target of N1.5trn for the Nigeria Customs Service this year. They insisted that the job of the Customs was trade facilitation and not revenue generation. They said this yearly annual...

Reps Investigate $1bn Spent On FADAMA, Other Agric Projects   The House of Representatives has begun investigation of funds donated by international organisations to finance projects in the agriculture sector amounting to over $1bn. The probe by the House followed the adoption of a motion moved by...

NECA Criticizes Plan To Borrow N2trn Pension Fund   The Nigeria Employers’ Consultative Association has condemned moves by the Federal Government to borrow N2tn from the Pension Fund. The government had indicated the intention to borrow from the fund to augment infrastructural development in the country. NECA said...

Senate Passes N238.15bn Budget For Customs   The Senate, on Tuesday at plenary, passed the Nigerian Customs Service (NCS) 2020 budget of N238.15 billion amid dissenting views by some senators. The passing of the budget followed the presentation of a report on the budget by the Senate...

Labour Against FG Plan To Borrow N2trn From Pension Fund   The Nigeria Labour Congress (NLC) on Tuesday kicked against plans by the Federal Government to borrow N2 trillion from the Contributory Pension Fund of N10 trillion for infrastructural development. Its President Comrade Ayuba Wabba, who spoke...