Over 96 percent of loans issued by the Bank of Industry have been performing, the Acting Managing Director of the bank, Waheed Olagunju, has said. Speaking at the House of Representatives panel on the operations of the Development Finance Institutions (DFIs), he said the bank’s...

A House of Representatives ad-hoc panel has issued two weeks ultimatum to the Attorney General of the Federation, Abubakar Malami (SAN) and the Economic and Financial Crimes Commission (EFCC) to submit documents on the N6trillion undeclared proceeds of oil and gas exports. Others included in...

A member of House of Representatives, Dr Abbas Tajuddeen, has said more than N5 trillion government projects were abandoned across Nigeria. Dr. Tajuddeen, representing Zaria Federal Constituency, told newsmen in Zaria, that the situation had caused huge losses. He said that the Bill for the amendment...

Rep. Jonathan Gaza (PDP-Kokona/Keffi/Karu) in Nasarawa State, has advised Nigerians to ensure prudent management of resources and avoid extravagant expenses so as to save for rainy days. Gaza (PDP) gave the advice while addressing his constituents who paid Christmas homage to the Esu Karu, Mr...

The House of Representatives has faulted the current pricing template for Premium Motor Spirit, better known as petrol, saying that a realistic pump price should not be above N70.04 per litre. It, therefore, asked the Petroleum Products Pricing Regulatory Agency and Ministry of Petroleum Resources...

The House of Representatives Committee on Works has said that the Lagos-Ibadan Expressway should be given routine maintenance after its rehabilitation in order to avoid it reconstruction in a few years to come. The Chairman of the committee, Mr. Toby Okechukwu, said this during an...