Discos Remit Only N265.03bn of N519.77bn Invoices To NBET In Six Months   Electricity Distribution Companies (Discos) only managed to remit N265.03 billion of the expected N519.77 billion to the Nigerian Bulk Electricity Trading Company (NBET) in the first six months of 2021. Data from the Nigerian...

Customs, Immigration, 13 Others Fail To Remit N127.1bn – Audit Report   The Office of the Auditor General of the Federation has disclosed that 15 Ministries, Departments, and Agencies failed to remit N127.13bn revenue to the Consolidated Revenue Fund between 2017 and 2019. The OAuGF made this...

Panel Summons Clerk As AG says NASS’s N9.4bn Unaccounted For     The Office of the Auditor General for the Federation has issued audit queries against the National Assembly and the National Assembly Service Commission over expenditures amounting to N9.424bn in 2019 which have not been allegedly...

NIPC Generated N11.91bn IGR In Five Years     The Nigerian Investment Promotion Commission (NIPC) generated a total of N11.91 billion as Internally Generated Revenue (IGR) between January 2016 and June 2021, it disclosed in a recent report. The report also showed that of the amount realised in...

TETFund Supports FUD With N36m To Investigate Kidney Diseases   A team of researchers at the Federal University, Duste, has gotten a N36-million research grant to investigate rampant cases of kidney diseases at Hadejia Valley. Solacebase reports that Hadejia Valley stretches from Zakirai in Kano State to...

Airlines, Others Generate N146bn In Nine Months As Aviation Industry Rebounds   The relaxation of travel restrictions occasioned by the COVID19 pandemic and increased economic activities during the year drove recovery in the aviation sector in the first nine months of 2021, a new report obtained...