FG Generates N5bn Annually From Sugar Levy, NSDC Says   The National Sugar Development Council (NSDC) has revealed that the Federal Government generates N5 billion annually from sugar levy collections. This was disclosed by the Executive Secretary of the NSDC, Dr. Latif Busari, at a media...

Fashola Requests Extra N255.6bn For Road, Bridges Repairs   The Federal Government is currently constructing and rehabilitating 524 highways and bridges across the country, the Minister of Works and Housing, Babatunde Fashola, has said. Fashola, who said this while updating the Federal Executive Council on the ongoing...

In 2017, Nigeria Flared Gas Worth $1bn, 3000MW - Sylva   The Minister of State for Petroleum Resources, Mr. Timipre Sylva has disclosed that Nigeria flared about 324 billion cubic feet (bcf) of natural gas in 2017. Sylva, who said this at the recent 9th annual gas...

Disco Spent N11bn To Install 178,000 Meters In 5 Years   The Abuja Electricity Distribution Company (AEDC) has disclosed that it invested N11 billion in installing 178,000 meters for its customers in Abuja, Kogi, Nasarawa and Niger states, between 2014 and 2018. The distribution company (Disco) also...

FG Currently Owes Pensioners N400bn, Says Senate   The Federal Government currently owes its retirees over N400bn accrued pension rights, the Senate Committee on Establishment and Public Service has said. The committee has also vowed to take up the issue with the government to ensure that all...

N275bn Generated From VAT In Q3 Of 2019 – NBS   The National Bureau of Statistics (NBS) said the sum of N275.12 billion was generated as Value Added Tax (VAT) in the third quarter of 2019. The NBS made this known in its Sector Distribution of VAT...