The Federal Govern­ment has indicted some revenue-gener­ating agencies, often regarded as ‘juicy’ parastatals, for squandering over N1 trillion on bogus salaries and allowanc­es for their workers. The government, which de­clared the situation as no long­er acceptable, has resolved to bring the affected agencies to book...

The Minister of Industry, Trade and Investment, Okechukwu Enelamah, said that the fund would be utilised for the development of Lagos-Kano rail line and rail lines connecting the South and South-east parts of the country. Enelamah said that infrastructure development has attracted the highest value...

The Federal Government has so far disbursed a total of N220.5 billion budget support facility to 35 states. Bauchi State Governor Mohammed Abubakar said Finance Minister Kemi Adeosun dropped the hint at the Council Chambers of the Presidential Villa in Abuja yesterday during the National...

The Federal Government will investigate the administration of former President Goodluck Jonathan over alleged unequal disbursement of N2 billion Ecological Fund to states. Vice President Yemi Osinbajo disclosed this at the Council Chambers of the Aso Rock Presidential Villa in Abuja yesterday while presiding over...

President Muhammadu Buhari’s bid to borrow $29.96 billion suffered a fresh setback yesterday as Senate President Abubakar Bukola Saraki declared that the position of the National Assembly on the matter remained unchanged. Saraki spoke amid speculation that his meeting with Buhari in the Aso Rock...

• Revenue from sale of white products drops to N96.06b The average price of Household Kerosene (HHK), often shortened as kerosene, was highest in Sokoto, Taraba and Yobe, where the price in most other states was N293 per litre. Average kerosene price, according to the National...