Fed Govt Disburses N166m To 239 Beneficiaries         Ahead of the processing of the over three million applications so far received, the Nigeria Youth Investment Fund of the Federal Government has completed its pilot disbursement of loans totaling N165.7m to 239 beneficiaries. The money, approved by the...

Fed Govt Lists Sanctions For Fuel Marketers         The Federal Government, through the Petroleum Products Pricing Regulatory Agency, has warned oil marketers and other operators in the downstream sector against non-compliance with the provisions of the Petroleum Products Commercial Framework Regulations. The PPPRA, in the regulations seen...

CISLAC Condemns, Rejects FG’s 50% Electricity Hike     The Executive Director of Civil Society Legislative Advocacy Centre, CISLAC, Comrade Auwal Musa Rafsanjani has said that Nigerians are still recovering from the COVID-19 pandemic and the recent hike in electricity will increase the sufferings of Nigerians. Comrade Rafsanjani...

Fed Govt Releases N5bn Aviation Bailout         After about two months of waiting, the federal government has finally released the N5 billion for the aviation industry. While N4bn went to airlines, N1bn was given to other allied service providers like the ground handling firms, caterers, and...

Nigeria Owes Domestic Investors N15.8trn         The Federal Government is owing N15.85 trillion in domestic debts, with almost three-quarters of the debts due to bondholders. The fixed-return debts place obligation on the government to make regular interest or coupon payment and redemption as at when due. The latest...

Freight Forwarders, Customs Agents Seek Creation Of Maritime Ministry         The Association of Nigerian Licensed Customs Agents, Dr Kayode Farinto, has called on the Federal Government to consider creating a maritime ministry that will function separately as part of measures to grow the sub-sector for revenue...