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...
Tinubu, Edun have no Stake in OVH Acquisition – NNPC
The Nigerian National Petroleum Company Limited (NNPCL) says neither President Bola Tinubu nor Mr Wale Tinubu of Oando Plc has an interest in the acquisition of OVH by NNPC.
NNPC, in a statement by its spokesperson,...
Nigeria Requires $5b to Fix Air Cargo Infrastructure
Nigeria will require over $5 billion investment to fix air cargo infrastructure in at least 24 of its airports nationwide to position it as one major player in the air cargo/ freight, courier, logistics, and agro-allied value...
Tinubu Appoints New Head, Management Team for Niger Delta Power Company
President Bola Tinubu has approved the appointment of a new management team for the Niger Delta Power Holding Company (NDPHC).
The new members of the management of the company are as follows:
(1) Engineer Jennifer Adighije...
Tinubu Replaces Jalal Arabi Amid NAHCON Probe
President Bola Tinubu has fired Jalal Arabi, as Executive Chairman of the National Hajj Commission of Nigeria (NAHCON).
Ajuri Ngelale, Presidential spokesman, disclosed this in a statement in which he announced Professor Abdullahi Saleh Usman as the new Chairman...