NSIA Commits $500m To Domestic Infrastructure
The Managing Director & Chief Executive Office, Nigeria Sovereign Investment Authority (NSIA), Mr Aminu Umar-Sadiq, yesterday disclosed that the Authority has committed $500 million to domestic infrastructure, whilst also enabling third party investments of over $1 billion.
He said this...
Domestic Airfares Hit 40% High In 12 Months – NBS
Nigeria’s domestic air travel expenses have skyrocketed by 40 per cent from June 2022 to June 2023.
The National Bureau of Statistics (NBS) data disclosed this in its recent Transport Fare Watch report for June 2023.
The...
Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation
… High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo
.… Low Indebted States: Yobe, Jigawa, Kwara, Ondo, Ebonyi
Lagos State, South West Nigeria, is number one among the Highly Indebted States in Nigeria in both external and...
Buhari Explains Removal Of VAT From Domestic Air Fares
President Muhammadu Buhari says the recent decision by the Federal Government to remove Value Added Tax (VAT) from domestic air transportation fares is to make air travel more affordable to citizens.
The president said this when he...