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Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps

Fed Govt $22bn Loan Request Declined By Chinese Bank – Reps   The House of Representatives, on Tuesday, approved the request by the Federal Government to borrow $973,474,971.38 from China Development Bank. This followed the decision by the China-Exim Bank to reject Nigeria’s $22,798,446,773 loan request earlier...

Reps Set to Probe NNPC’s 32-year Joint Ventures

Reps Set to Probe NNPC’s 32-year Joint Ventures The House of Representatives ad-hoc committee says it has begun a probe of all Joint Ventures and Production Sharing Contracts entered into by the Nigerian National Petroleum Corporation in the last 32 years. The Committee is set to Investigate...

Reps Extend NDDC’s 2020 Budget By Nine Months

Reps Extend NDDC’s 2020 Budget By Nine Months   The House of Representatives on Tuesday extended the expiration date of the 2020 budget of the Niger Delta Development Commission from March 31, 2021 to December 31, 2021. The Chairman of the House Committee on Rules and Business,...