Buhari Presents N13.08trn 2021 Budget Proposal     President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The President, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of...

Nigeria Wastes Gas Worth N115bn In Seven Months       International oil companies and local players in the nation’s oil and gas industry flared natural gas worth an estimated N114.79bn from January to July this year. The companies produced 1.64 trillion standard cubic feet of gas in the...

Senate Probes Commercial Banks Over Illicit, Excess Charges       The Senate on Wednesday mandated its Committee on Banking, Insurance and Other Financial Institutions to investigate the alleged illicit and excess bank charges by commercial banks operating in the country. The upper chamber urged the Central Bank of...

FG Approves N654m To Track Down Illegal Spectrums         The Federal Government on Wednesday approved N653.89m for the purchase and deployment of spectrum monitoring system for the southeastern part of the country. The decision was taken at a meeting of the Federal Executive Council presided over by...

FEC Okays $3.02bn For PH-Maiduguri Rail Line       The Federal Executive Council (FEC) on Wednesday approved the reconstruction and rehabilitation of the Port Harcourt-Maiduguri Eastern Narrow Gauge. The cost of the project was put at $3.02bn. The decision was taken at the weekly meeting of the council presided...

Senate To Buhari: Scrap Redundant Federal Agencies       The Senate on Wednesday urged the Federal Government to reduce the number of its agencies in order to reduce cost of governance. The red chamber took the decision following the approval of the report of its joint committee on...