Ekiti, 2 Others Earmarks N5.7bn For Travels, N2.5bn For Agric
Despite talks about the need to diversify the economy away from the dependence on the oil sector, the agriculture sector suffers low budgetary allocation across all states.
In their 2018 budgets, three states, Ekiti, Ondo, and...
Nigeria's Oil Revenue Hits N85trn In 5Years - Report
Nigeria earned about N85 trillion, or $236.2 billion from oil between 2014 and 2018, the 54th edition of Annual Statistical Bulletin by the Organisation of Petroleum Exporting Countries (OPEC), has revealed.
The figure puts Nigeria in sixth...
Refund $1.6bn To NNPC Subsidiary, Court Orders Firm
An arbitration court has directed on Atlantic company to pay $1.6billion to a subsidiary of the Nigerian National Petroleum Corporation (NNPC), the Nigerian Petroleum Development Company (NPDC) that was fleecing it.
The Group Managing Director, Dr. Maikanti Baru,...
NCC Donates N65m To 11 Varsities For Technology Research
The Nigerian Communications Commission has awarded N65m grant to 11 universities to carry out technology research that would lead to technology products.
The Executive Vice-Chairman, Prof Umar Danbatta, who made the presentation to the researchers whose proposals...
In March, Nigeria’s Refineries Operate At 5.55% Capacity, Record N16bn Deficit
Nigeria’s four refineries operated at just 5.55 per cent of their combined nameplate capacity of 445,000 barrels daily (b/d), according to latest data released by Nigerian National Petroleum Corporation (NNPC), underlining that the oil-rich...
NIRSAL Recieves Fresh N4.5bn From 3 Banks For Farmers
The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending has secured a total of N4.5bn from four Deposit Money Banks for the cultivation of maize and soybeans in three states.
The banks are Stanbic IBTC with the...
