Nigeria Loses $25bn Anually To Illegal Bunkering, Others - Amaechi
Nigeria loses about $25bn yearly to illegal oil bunkering, piracy and other illegal businesses on Nigerian waters, a former Minister of Transportation, Mr Rotimi Amaechi, has said.
Amaechi said perpetrators of illegal oil bunkering in Nigeria...
DMO Set To Auction N125bn Bonds Next Week
The Debt Management Office has said the Federal Government will auction N125bn worth of bonds by subscription on July 24.
The DMO said in a circular on Tuesday that it was authorised to receive applications on behalf of...
FG Spent N610.2bn Servicing N13trn Domestic Debts In Q1, 2019
Within a three- month period, covering January to March this year, the Federal Government spent the sum of N610.2bn paying interest on its domestic debts. The amount is contained in a report on the nation’s...
How Campaign Against Waste Saved N46b In 2019 Budget
A joint campaign against wasteful and frivolous items and appropriations that have become routine in the national budget, led by Centre for Social Justice (CSJ), succeeded in eliminating up to N45.93 billion, out of the N74.18...
Nigeria Loses N6trn Yearly To Apapa Gridlock, NECA Says
A survey conducted by the organized private sector has revealed that Nigeria losses about N3.06 trillion, on non-oil export, and about N2.5 trillion earnings annually across the different sectors of the economy due to Apapa gridlock.
According...
Total’s Ikike Project Gulps $500m - NCDMB
The Nigerian Content Development and Monitoring Board, (NCDMB) has said the execution of Total Exploration and Production Nigeria’s Ikike Field Development Project would gulp at least $500 million and the project is expected to deepen Nigerian Content implementation,...
