How States Obtained N26.31bn Excess Crude Account Loans
State governments have acquired about N26.31bn loans from the Excess Crude Account facility, which is meant for implementing development and infrastructural projects.
Findings showed that a total of about N183.1bn excess crude account facility deposit sits in the...
Minister: Land Reforms Will Unlock $300bn Dormant Capital
The Federal Government has disclosed plans to unlock over $300bn ‘dead’ capital in the housing sector through a series of reforms in land administration and collaborations with stakeholders.
The Minister of Housing and Urban Development, Ahmed Dangiwa, during...
FG Earmarks N3.27trn on Palliatives, Loans
The total spending by the Federal Government on palliatives and loans to cushion the effect of the fuel subsidy removal may hit N3.27tn.
The palliatives and loans were meant to cushion the effects of economic hardships on Nigerians and businesses...
Pension in N2.4trn Deficit Before Reforms, Says PenCom Boss
The Director-General of the National Pension Commission (PenCom) Mrs Aisha Dahir-Umar, has stated that the pension reforms in the country started when Nigeria was struggling with a N2.4tn deficit.
This was disclosed in a new book titled...
Reps To Probe N15.5trn Pension Assets
The House of Representatives is set to investigate the status of N15.5 trillion pension assets being regulated by the National Pension Commission (PenCom).
It will also probe the status of the N10trn loaned to the federal government and efforts being...
'Over N10trn Spent On Refineries'
The Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele has said that the National Assembly has spent over N10 trillion on the country’s refineries and yet they do not work.
Oyedele, who stated this during the Platform...
