The Fiscal Responsibility Commission (FRC) opened the Pandora’s Box on the activities of some Ministries Departments and Agencies (MDAs).
It accused the MDAS of proÂducing two different accounting statements in order to manipuÂlate their operating surplus and losses.
In the last seven years, acÂcording to the...
Exports from Nigeria to Japan in the first six months of the year decreased by 70.1percent due to foreign exchange crisis and the lower price of natural gas, Taku Miyazaki, Trade Commissioner and Managing Director of Japan External Trade Organization(JETRO) said.
He spoke at the...
The federal government, yesterday ,launched the Partnership for Expanded Water Supply, Sanitation and Hygiene (PEWASH) set to cost about N510 billion.
The Minister for Water Resources, Engr. Suleiman Adamu stated this in the Partnership for Expanded Water Supply, Sanitation and Hygiene (PEWASH Program Strategy 2016-2030.
Giving...
Oil production from the Organisation of the Petroleum Exporting Countries (OPEC) rose to another record, hitting 33.54 million barrels per day (b/d) in October.
The figure was significantly boosted by recoveries in Nigeria and Libya and more than offset field maintenance in Angola.
The gains, which...
The Nigerian National Petroleum Corporation (NNPC) has generated N1trn as revenue from the sales of white petroleum products between September 2015 and August 2016.
The NNPC revealed in its latest financial and operations report that the sales were made through its downstream arm, the Pipelines...
The large scale air pollution by international oil companies (IOCs) through gas flaring will officially continue in Nigeria until 2020, putting up $3.4 billion worth of gas up in flames during the period, New Telegraph has learnt.
The Federal Government, which had since late 1970s...
