FG Orders N3bn Rice Seedlings From C/River
The industrialisation effort of Cross River State Governor, Prof. Ben Ayade, has started yielding fruits as the federal government through the Central Bank of Nigeria (CBN) and the Rice Farmers Association of Nigeria (RIFAN), has placed a N3...
West Africa Container Terminal Upgrade To Gulp $10m
The West Africa Container Terminal (WACT), Onne Port, Rivers State, says it is preparing to take delivery of two new mobile harbor cranes from Liebherr, as part of an unprecedented $10 million upgrade.
The upgrade will bring WACT,...
Banks’ Non-performing Loans Up N1.676trn
Banking sector’s non-performing loans stood at N1.676trn as of the end of March 2019, latest statistics from the National Bureau of Statistics revealed.
The gross loans recorded in the banking sector stood at N15.480trn, while the loans after specific provisions stood...
Buhari Okays N22.6bn To Settle Nigeria Airways Pensioners
The longtime struggles of pensioners of the defunct Nigeria Airways appears to be paying off as President Muhammadu Buhari has approved the sum of N22.6 billion to settle their entitlements.
The Permanent Secretary, Special Duties, Federal Ministry of...
With N47bn Budget For National Carrier, Analysts Demand Roadmap
Aviation analysts have demanded from the federal government the roadmap for the planned national carrier, Nigeria Air, which was suspended indefinitely in September last year but has been allocated N47 billion in the 2019 budget.
The experts...
In 3 Years, FG’s Social Safety Programme Gulps N471bn
A total of N470.8bn has been released by the Federal Government in the last three years for the implementation of its social safety programme.
The Federal Government had in 2015 designed the programme to improve the lives...
