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Reps Summon NNPC, CBN, FIRS, EFCC, Probe Illicit Financial Flows

Reps Summon NNPC, CBN, FIRS, EFCC, Probe Illicit Financial Flows       The House of Representatives has resolved to invite various departments and agencies of the Federal Government over illicit financial flows in Nigeria. At the plenary on Thursday, the House specifically mandated its committees on Finance; Anti-Corruption;...

Rice Processors Tackle Senate Over Directive on Customs to return Confiscated Smuggled Rice

Rice Processors Tackle Senate Over Directive on Customs to return Confiscated Smuggled Rice Rice Processors Association of Nigeria(RIPAN) has frowned at the directive given by the Senate to the Nigeria Customs Service(NCS) to return to their owners confiscated smuggled foreign rice seized from various shops...

Fed Govt Harmonising, Not Cutting Salaries — Ahmed

Fed Govt Harmonising, Not Cutting Salaries — Ahmed       The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said the federal government is harmonising salaries of ministries, departments and agencies (MDAs) and not a pay cut. A statement from Yunusa Tanko Abdullahi, her Special...

Labour Rejects Move By FG To Cut Salaries

Labour Rejects Move By FG To Cut Salaries       Workers have kicked against a move by the Federal Government to cut their salaries as well as reduce the number of federal agencies. They registered their opposition yesterday through the Nigeria Labour Congress (NLC) in a reaction to...

Investors To Raise N102.75bn For National Carrier – Fed Govt

Investors To Raise N102.75bn For National Carrier – Fed Govt       Private investors are to raise $250m (N102.75bn at N411/$ official exchange rate) to start up Nigeria’s national airline, the Federal Government has said. It disclosed this in a document on the updated status of the government’s...

Nigeria Loses $70m To Illegal Fishing Annually

Nigeria Loses $70m To Illegal Fishing Annually       The House of Representatives has expressed worry that Nigeria loses $70 million yearly to Chinese and other European trawlers due to illegal fishing in the nation’s waters as observed by the Nigerian Navy in 2017. As a result, the...