Discos Lose N97bn To Energy Theft, Others In Three Months   Electricity distribution companies have said a total of N97bn was lost in the first quarter of this year to energy theft, capping of estimated billing and other factors. The Association of Nigerian Electricity Distributors, the umbrella...

Onne Customs Generate N128.3bn In Nine Months   The Nigeria Customs Service (NCS) Area II Command Onne Port, Rivers State, has collected a total of N128.3 billion as revenue from January to September 2021. This figure, as released through the Command’s Public Relations Officer, Ifeoma Onuigbo Ojekwu,...

264m In Nigeria, Others Undernourished - IMF   The International Monetary Fund on Tuesday said the COVID-19 pandemic had led to a 20 per cent increase in the number of undernourished persons in Nigeria and other Sub-Saharan African countries to 264 million in 2020. The Deputy Managing...

Fed Govt Earmarks N71.6bn For Railway Projects   The Federal Government has budgeted the sum of N71.6bn for new railway projects across the country. This is contained in the highlight of the 2022 budget of the Ministry of Transportation. The projects as contained in the 2022 budget presented...

NCAA To Decommission 7,012 Masts Over N5.96bn Debt   The Nigeria Civil Aviation Authority (NCAA) has again threatened to decommission telecommunication masts belonging to operators that are indebted to the regulatory body. Worst hit will be Globacom Nigeria Limited; whose alleged debt of N5.96 billion has put...

AfDB Pledges To Support Nigeria In Tackling Food Insecurity   The President of the African Development Bank Group, Dr Akinwumi Adesina, has said that the bank will provide Nigeria with strong support to tackle its food security challenges. He said this while he received a high-level Nigerian...