Again, the Nigeria Governors’ Forum, NGF, said, yesterday, that there was no illegality in the disbursement of the Paris Club loan refund. The refund was a result of over-deductions from the statutory allocations of the states for debt-servicing from 1995 to 2002. The NGF reaction...

The FCT Minister, Malam Muhammad Musa Bello has constituted an Inter-Ministerial Committee to look the abandoned N61 billion Katampe District engineering Infrastructure project and make recommendations within six weeks. The Committee tagged “Inter-Ministerial Committee on Contract and Financial Audit of the PPP Project for the...

The internally generated revenue (IGR) of Lagos State rose by approximately N33 billion from 2015 to 2016, beating 33 states put together. According to a report by the Nigeria Extractive Industries Transparency Initiative (NEITI), the state recorded an IGR of N301.19 billion, a rise of...

Gov. Godwin Obaseki of Edo has signed a Memorandum of Understanding (MoU) with SIEMENS, an energy company, to develop the economy of the state. Obaseki, who disclosed this at the MoU signing ceremony in Benin on Wednesday, said that the MoU would cover power, transportation,...

The Lagos State Government has concluded plans to list its N47 billion bonds on the FMDQ Securities Exchange Plc platform. The listing of this bond on this platform will enable investors to trade on it on daily basis before due date. The bond, which is...

…DIRECTS CCECC TO EMPLOY NIGERIANS The total percentage of progress so far made in the on-going Abuja Mass Rail Transit project is put at 90.27 percent as most of the train stations are at the finishing stages. The FCT Minister, Malam Muhammad Musa Bello said this...