Customs Generates N1.9bn Revenue, Intercepts 415, 050 Litres Of Petrol   Seme Area Command of the Nigeria Customs Service (NCS) said it generated over N1.9 billion revenue and intercepted 415,050 litres of petroleum, hard drugs as well as 16 loads trailer loads of rice and others...

Nigeria’s Housing Deficit is N28m, Requires N21trn - Shettima   Vice President Kashim Shettima has said that Nigeria’s housing deficit is 28 million and will need over N21 trillion to effectively bridge the gap. Speaking at the weekend, during the groundbreaking for the construction of a 500-unit...

In Four Years, We Augmented LG Allocations With N33.25bn – Ogun Govt   The Ogun State Government has said it augmented councils’ allocations with N33.25 billion in the last four years to enable them to meet their obligations. The government maintained that it does not interfere with...

NDDC Plans $27.3bn Road, Power Projects   The Niger Delta Development Commission (NDDC) is seeking partnerships to finance power and road projects worth about $27.3bn in the oil-rich region of Nigeria. It disclosed this in a July 2023 document titled, “A Sea of Opportunities in the Niger...

$3bn Afrexim Bank Loan: NNPCL Followed Due Process   Facts have emerged that contrary to reports due process was followed in securing the Nigeria National Petroleum Company Limited (NNPCL) in the $3 Billion Afrexim bank Loan. The $3 billion loan deal, which was signed in Cairo a...

Nigeria Loses N34.1bn As Oil Firms Flare 12.7 mscf   Despite Nigeria’s dwindling revenue, oil and gas companies operating in the country flared 12.7 million standard cubic feet (mscf) of gas in July 2023, according to the latest data from the National Oil Spill Detection and...