Pension Fund Assets Gain N388.98bn In Q2, 2022   Pension fund assets have risen by N388.98 billion, according to the second quarter (Q2) 2022 report released yesterday by the National Pension Commission (PenCom). The pension assets rose quarterly by N388.98 billion from the N13.88 trillion recorded at...

Reps To NPA: Resolve $753m, N1.61bn Debts Immediately   The House of Representatives’ Committee on Public Accounts, on Tuesday, ordered the Nigerian Ports Authority to immediately call a meeting with firms operating Nigeria’s ports to determine their actual indebtedness to the Federal Government. This is based on...

Audit Report: NSITF Under Fire In Senate Over N17.2bn Transfer   The present and past management of the Nigeria Social Insurance Trust Fund have come under fire in the Senate for failing to justify its spending of N17.158 billion in 2013 with required evidential documents, some...

$400m Required to Complete Abandoned Millennium Tower - FG The federal government has disclosed that $400 million would be needed to complete the Millennium Tower which construction began in 2005. The Minister of Information and Culture, Alhaji Lai Mohammed revealed this when him and the FCT...

Fed Govt To Auction Gas Flare Sites Via Bids   The Federal Government on Sunday announced that it was carrying out a study to identify suitable gas flare sites for auction and that it would issue flare sites to technically competent companies through a competitive bid...

How FG Recovered N3.2bn Foreign Loot in 14 Months - Malami The federal government recovered over N3.2bn (£6,324,627.66) of stolen monies from various jurisdictions globally from March 2021 to May 2022. This is as it generated a total of N1.82bn from the sale of bid forms...