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...
MDAs’ Retirees Get Paid N980bn Arrears
The Federal Government has paid a total of N980.18bn to retirees of treasury funded Ministries, Departments and Agencies (MDAs) from the inception of the Contributory Pension Scheme in 2004 to December 2021.
The Director-General, National Pension Commission (PenCom) Aisha Dahir-Umar,...
FG Says N21trn Required To Bridge 28m Housing Deficit
The amount required to fund the housing sector in Nigeria and bridge the estimated 28 million housing deficit across the country is N21tn, the Federal Government has stated through its Bank of Industry (BOI).
In a new...
