The Economic and Financial Crimes Commission (EFCC) has detained Umar Isa, a former Chief Financial Officer of the Nigerian National Petroleum Company (NNPC) Limited, in connection with an alleged $7.2 billion fraud related to the rehabilitation of the Kaduna, Warri, and Port Harcourt refineries.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said that the reforms introduced by the Bola Tinubu administration have effectively dismantled the dollar black market and boosted the Federal Government’s revenue to N6.9tn between January and April 2025.
President Bola Tinubu has reaffirmed his administration’s commitment to transforming Nigeria into a global agricultural force through increased mechanisation and youth engagement in farming.
The Federal Airports Authority of Nigeria (FAAN) has announced plans to increase tariffs for all service providers operating at its airports as part of efforts to improve revenue generation.
