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Senate okays Reintroduction of Tolls on Federal Roads

The Senate on Tuesday passed a motion seeking to revive collection of tolls on federal highways across the country. It said collection of toll, from motorists was the only way to construct and maintain roads and enhance their efficiency. The upper chamber of the National Assembly...

Jonathan: Dasuki Did Not Steal $2.2bn

... Insists aircraft, warships, arms bought by his administration Breaking his silence for the first time on the probe being undertaken by the present administration on the procurement of arms to fight Boko Haram by his government, former President Goodluck Jonathan has said that it...

FG wants NIPOST to offer banking services

The Minister of Communications, Adebayo Shittu, says the ministry has submitted a proposal to President Muhammadu Buhari for the establishment of the NIPOST Bank to serve the interest of people in the rural areas. He said over 1,500 postal agencies across the country would serve...

Fuel imports’ll reduce by 60% in 2018 – Kachikwu

The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said that the reforms embarked upon by the government are targeted at cutting petroleum products’ importation by at least 60 per cent by 2018 and thereafter position the country for net export by...

Nigeria Needs N222bn to Conduct 2018 National Census

  The National Population Commission (NPC) monday in Abuja said Nigeria needs about N222 billion in order to conduct a thorough and efficient national census in 2018, two years after the due date. The national census exercise was due this year, 2016 but for reasons one...

FAAC Disbursements Slump by 30% in First Half of 2016

The total allocation from Federation Account Allocation Committee (FAAC) to the three tiers of government decreased by 30 per cent to N2.01 trillion in the first half of 2016, compared with the N2.89 trillion recorded in the first half of 2015. The Nigeria Extractive Industries...