NSC Saves N31bn from Demurrage Application in Six Month The Nigerian Shippers’ Council (NSC) has said that out of a total requested amount of N50.8bn demurrage applications it received between January and June 2024, the sum of N19.6bn was validated as reasonable for payment leading...

Dangote Refinery: Stakeholders to Discuss Petrol Price ahead September Rollout There are indications that the Federal Government’s committee which was set up to ensure the implementation of crude oil sales to local refineries in naira will further discuss the pricing of Premium Motor Spirit, popularly...

Minister Advocates PPP to Tackle Oil Pipeline Vandalism The Federal Government has called for public-private partnerships to fix the old pipelines in order to tackle pipeline vandalism. The Minister of State for Petroleum Resources, (Oil), Heineken Lokpobiri, stated this at the just concluded Energy and Labour...

Over 1,000 Jigawa Pensioners get N3.4b Jigawa State and Local Government Contributory Pension Scheme Board, says it has commenced payment of over N3.4 billion to 1,331 retirees who exited active service upon attainment of 35 years in service between January to July this year and...

Nigeria Saves N1.7tn by Addressing Procurement Flaws – BPP The Federal Government says it saved N1.7tn from 2009 to 2022 by clogging loopholes in its procurement process. The acting Director-General of the Bureau of Public Procurement, Olusegun Omotola, revealed this in a presentation when the Chief...

Nigeria's Fiscal Deficit Increased by 0.1% in April – CBN The Federal Government’s fiscal deficit rose month-on-month by 0.1 per cent to N824.79bn in April from N823.91bn in March, the Central Bank of Nigeria disclosed in its April 2024 Monthly Economic Report. A fiscal deficit is...