The Minister of Finance, Mrs. Kemi Adeosun, has called for global support towards addressing the issue of illicit financial flows in Africa. She added that this would help drive accelerated revenue growth and improve government’s efficiency. The minister stated this while addressing senior representatives of the...

Discos flay plans to escrow their accounts The Nigerian Electricity Regulatory Commission (NERC), is set to release a minimum recapitalisation level required to be met by core investors in the power sector. NERC identified capital adequacy as a major issue in the power sector, pointing out...

… Facilitates Creations of 21 Additional State Emergency Agencies The outgoing Director General of the National Emergency Management Agency(NEMA), Alhaji Muhammad Sani Sidi has said that during six-year tenure, the agency established eight operational offices and facilitated creations of 21 additional State Emergency Management Agencies...

The Federal Government plans to provide at least 15 million jobs for Nigerians by the year 2020 as captured in the recently launched Economic Recovery and Growth Plan (ERGP). The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, gave the assurance at a...

The rate of pipeline vandalism in the country increased by 233 per cent in January this year compared to December 2016, the Nigerian National Petroleum Corporation has said. In its latest financial and operations report for January 2017, the national oil firm stated that pipeline...

Managing Director of the Niger Delta Development Commission (NDDC), Mr Nsima Ekere said the commission had disbursed about N30 billion to its contractors. Ekere, who disclosed this at a meeting with members of NDDC Contractors’ Association in Port Harcourt, said the payment was made by...