The Nigerian Petroleum Development Company, NPDC, an upstream subsidiary of the Nigerian National Petroleum Corporation, NNPC, has explained the gap in its supply of gas for power generation.   In a presentation to the House Committee on Local Content, Managing Director of the Company, Mr....

Barely one month to the implementation of the capital budget for 2016, several Ministries Departments and Agencies(MDAs) are yet to come to terms with the current economic recession by not implementing the capital budget to the letter and spirit of the 2016 Appropriation Act...

The Federal Government has signed an Agreement with Dana Airlines to give 50 per cent discount on official air travel tickets to Federal Ministries, Departments and Agencies. The discount for air travel ticket for civil servants on official trips was championed by the Efficiency Unit...

Mr Ibrahim Magu, Acting Chairman of Economic and Financial Crimes Commission (EFCC), has told a committee of the House of Representatives that $9.2 million and 750,000 pounds were recovered from a residence in Kaduna state, belonging to the former Group Managing Director of the...

The attention of the Nigerian Maritime Administration and Safety Agency (NIMASA) has been drawn to speculations in a section of the media and a Press Statement from the Ijaw Youth Council (IYC) to the effect that the Agency is opposed to the establishment of...

The federal government has finally rescued the ailing Ark Airline from total collapse and immediately appointed Receiver/Manager to avoid the impending retrenchment in the aviation sector. Ark Air has been facing tremendous challenges, notably heavy indebtedness in recent times. Asset Management Corporation of Nigeria (AMCON), who...