Warri Port Revived As NPA Generates $45.2m From Troubled Facility
Fresh hope of increased activities has risen for the troubled Delta Port situated in Delta State as the Nigerian Ports Authority (NPA) recorded over $45.2m income from the facility between January and June 2019. The...
Nigeria Needs N959bn To End Open Defecation — FG
The cost implication of making Nigeria open defecation free by 2025 is estimated at N959bn according to the national roadmap to end the menace, the Federal Government announced on Tuesday.
Minister of Water Resources, Suleiman Adamu, announced...
Africa Imports $50bn Food Yearly
African countries import nearly $50bn net of food annually despite the continent holding 60 per cent of the world’s arable land, the African Development Bank (AfDB) has said.
The bank’s Vice President for Agriculture, Human, and Social Development, Jennifer Blanke, stated...
Presidency Hawks Want Bonga Seized Over Judgment Debt
As the $9.6 billion arbitration award and United Kingdom Court enforcement judgment against Nigeria in favour of an Irish firm, Process & Industrial Developments Limited (P&ID), continue to generate controversy, presidency hawks are urging the federal government...
AfDB, Japan Earmarks $3.5bn For Nigeria, Others
Japan and the African Development Bank have announced a joint target of $3.5bn under the Enhanced Private Sector Assistance for Africa initiative.
Both Japan and the AfDB have set a target of $1.75bn each, from 2020-2022, to enhance the...
Petrol Subsidy Gulped N650.2bn In 12 months, Says Report
The Federal Government spent a total of N650.2bn on petrol subsidy in 12 months; Economic Confidential reports and captures the misgivings of stakeholders on the issue
The Federal Government spent a total N650.2bn in subsidising Premium Motor...
