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NURTW Seeks Disbursement Of FG’s N10bn COVID-19 Palliative

NURTW Seeks Disbursement Of FG’s N10bn COVID-19 Palliative         The National Union of Road Transport Workers (NURTW) has called for immediate the disbursement of the ederal Government’s N10 billion COVID-19 palliative for transport operators. NURTW National President, Prof. Tajudeen Baruwa, made the call in an interview with...

FG Rejects Proposal To Repair Ports’ Scanners With N753m

FG Rejects Proposal To Repair Ports’ Scanners With N753m       There is an indication that the five faulty scanners at the Apapa ports have been abandoned as the Federal Government rejects proposal to repair them at a cost of N753 million. This development, our correspondent learnt, comes...

PIB: FG Plans Single Regulator For Midstream, Downstream Sectors

PIB: FG Plans Single Regulator For Midstream, Downstream Sectors       The Federal Government plans to set up Nigerian Midstream and Downstream Petroleum Regulatory Authority to regulate operators in the midstream and downstream oil industry, under the new Petroleum Industry Bill (PIB). The new PIB is currently before...

PIB: FG To Add Strategic Reserves’ Financing Cost To Fuel Price

PIB: FG To Add Strategic Reserves’ Financing Cost To Fuel Price         The Federal Government is proposing the addition of the costs of managing the national strategic stocks of petroleum products to the retail price of the commodities. The proposal, which is included in the 2020 Petroleum...

Businesses, Govts Count Losses To #EndSARS Protests

Businesses, Govts Count Losses To #EndSARS Protests       At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown...

N392bn Projects Debt: Senate Asks FG To Consider Pension Fund

N392bn Projects Debt: Senate Asks FG To Consider Pension Fund         The Minister of Works and Housing, Babatunde Fashola, on Wednesday, told the Senate that the Federal Government owe construction firms handling 711 road projects across the country N392bn. The debt, according to the minister, was higher...