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Workers Withdrew N2.18bn Pension Savings In Q3 – PenCom

Workers Withdrew N2.18bn Pension Savings In Q3 – PenCom         About 1,286 workers under the Contributory Pension Scheme withdrew N2.18bn from the voluntary contributions in their Retirement Savings Accounts with their Pension Fund Administrators in the third quarter. The National Pension Commission disclosed this in its 2020...

FERMA Gets N8.1bn From FG To Repair Ten Roads

FERMA Gets N8.1bn From FG To Repair Ten Roads       The Federal Executive Council on Wednesday approved a total of N8.1bn for the Federal Roads Maintenance Agency to carry out emergency repairs of 10 roads across the country. The Minister of Works and Housing, Babatunde Fashola, disclosed...

FG Signs Investment Promotion Pact With Morocco, Singapore

FG Signs Investment Promotion Pact With Morocco, Singapore       The Federal Government on Monday announced that it had signed an investment promotion agreement with Morocco and Singapore. It also stated that it was in talks with the World Bank to develop a strategic plan for trade and...

Businesses In Abuja Lost N900m In Recent Protests — ACCI

Businesses In Abuja Lost N900m In Recent Protests - ACCI         President of the Abuja Chamber for Commerce and Industry (ACCI), Prince Adetokunbo Kayode, has said the aftermath of the #EndSARS, which led to many destructions has cost businesses in the Federal Capital Territory about N900...

COVID-19: States’ IGR, Allocations Crash By N180.4bn

COVID-19: States’ IGR, Allocations Crash By N180.4bn         State governments may be currently grappling with varying degrees of financial concerns, following the N180.4bn crash in their internally generated revenues and the allocations they received from the Federation Accounts Allocation Committee. An analysis of various IGR and FAAC...

FG Owes 3,504 Housing Contractors, Says Fashola

FG Owes 3,504 Housing Contractors, Says Fashola       The Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that his ministry owed 3,504 contractors handling its various housing projects N69.91bn. Fashola stated this when he appeared before the joint National Assembly Committee on Housing to...