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2021 budget: Trade Minister Seeks N11.18bn For Industry

2021 budget: Trade Minister Seeks N11.18bn For Industry         The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Thursday sought the approval of the Senate for the sum of N11.18bn for 2021. He said the ministry’s budget proposal comprised personnel cost of N3.02bn; overhead cost,...

FG Okays N87.5bn Contracts For Roads, Bridge

FG Okays N87.5bn Contracts For Roads, Bridge       The Federal Executive Council on Wednesday approved N87.54bn for the construction of some roads in parts of the country. The amount approved included the cost variation for two existing road contracts. The Minister of the Federal Capital Territory, Muhammed Bello;...

Average Transport Fare Increases In September – NBS

Average Transport Fare Increases In September – NBS       Average transport fares across the modes of transportation have increased considerably. This is according to the Transport Fare Watch data for September 2020 provided by the National Bureau of Statistics. The NBS said the average fare paid by commuters...

Kerosene: Price Per Litre Increased By 0.42% Month-on-month – NBS

Kerosene: Price Per Litre Increased By 0.42% Month-on-month – NBS       According to the data recently released by the National Bureau of Statistics (NBS), the average price per litre paid by consumers for National Household Kerosene increased by 0.42% month-on-month and by 9.27% year-on-year, from N346.53...

Lagos Atop As States’ IGR Drops By 11.7%

Lagos Atop As States’ IGR Drops By 11.7%       The Internally Generated Revenue of the states dropped to N612.87bn in the first six months of 2020 from N693.91bn in the corresponding period of 2019. The National Bureau of Statistics disclosed on Tuesday in its report published on...

Cooperative Societies Get N2bn BOI Fund

Cooperative Societies Get N2bn BOI Fund The Bank of Industry (BOI) in conjunction with Benue State Government has begun disbursement of N2 billion loan to 138 cooperative societies, Gov. Samuel Ortom, said on Tuesday. Ortom, who said this at a workshop for members of cooperative societies...