Nigeria Oil Production Fails to meet OPEC Quota Nigeria oil production has failed to meet the 1.8 million barrels per day oil quota set by Organisation of Petroleum Exporting Countries (OPEC) in the month of February 2022. OPEC released its Monthly Oil Market Report on...

House Summons Finance Minister Over $36.1m World Bank Loan         The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, part of which was allocated...

Shocking revelations continue to emerge over 2016 Appropriation Bill before the National Assembly  as the Auditor-General of the Federation (AuGF), Samuel Ukura, disclosed that the budget was not predicated on the zero-based budgeting system as widely claimed by the federal government. Ukura, who made this...