We Saved N700bn Through TSA, Other Financial Mgt Reforms – FG   Through the implementation of various public sector financial management reforms, over N700bn had been saved by the Federal Government. In addition to the N700bn savings, about N300bn had been recovered by the anti-graft agencies of...

PenCom To Collect Bonds Through DMO For N400bn Pension Arrears   The National Pension Commission plans to raise pension bonds through the Debt Management Office to offset the pension arrears of federal retirees. The arrears accumulated through accrued rights. The Chairman, Senate Committee on Establishment and Public Service,...

Nigeria Saves $500m From Ban On Barley Malt, Says Onu   Minister of Science and Technology Dr. Ogbonnaya Onu has said the Federal Institute of Industrial Research Oshodi (FIRRO), Oshodi, along with other institutes, have developed over 250 technologies towards supporting the agro allied sub-sector of...

Female Entrepreneurs Gets N26bn Loans From BoI   As part of its deliberate steps to address issues around gender equality in entrepreneurship, the Bank of Industry said it disbursed N26bn loans to female entrepreneurs in 18 months. This was disclosed by the Managing Director, BoI, Mr Olukayode...

AGF Queried Over Non-disclosure Of N57bn FG Grants   The Accountant General of the Federation, Alhaji Ahmed Idris, has been queried by the Auditor-General for the Federation, Mr. Anthony Ayine, over his failure to disclose details of N57.62bn Federal Government grants and contributions given in 2017. The...

After Average Energy Drops to 3,781MW, FG Loses N626.7bn   Power generation from the nation’s generating companies hits an average of 3,781MW in 2019 from a yearly average of 3,807MW in 2018, latest data from the office of the Vice President has shown.At 50.17Hz with an...