Tough Times Beckon As NNPC Says No FAAC Remittance For May       The three tiers of government, federal, states and local governments, are in for tough times next month as they may get less from the Federation Account, no thanks to the huge payment the Nigerian...

FG grants N20bn Tax Waiver to NLNG to Construct Bodo Bonny Bridge. The Federal government has granted Nigeria Liquefied Natural Gas (NLNG) company ₦20 billion tax waiver for the construction of Bodo Bonny Bridge in Rivers State. The Federal Inland Revenue Service (FIRS) presented the road...

Senate Approves FG’s Request For $1.5bn, €995m External Loans       The Senate yesterday gave the federal government the nod to borrow a total of $2.7 billion out of the $5.5 billion external borrowing request sent to the National Assembly by President Muhammadu Buhari in May last...

We Are Working With Stakeholders To End Subsidy, Says Kyari  The Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday disclosed that the Federal Government is currently engaging with stakeholders on the process that will lead to the removal of subsidy on...

Large-scale Rice Millers Groan under Paddy Scarcity, by Salisu Na'inna Dambatta Nigeria's drive toward self-sufficiency in rice production as part of a multifaceted programme to deepen our national food security as enunciated by the administation led by President Muhammadu Buhari seem to be  under threat...

NAIC Pays N1.7bn Claims To Farmers       The Nigerian Agricultural Insurance Corporation (NAIC) said it paid a total of N1.7 billion claims to over 5,000 farmers in the past two years. NAIC, which is the only federal government owned insurance company authorised to offer agric insurance services...