PTAD Owes Parastatal Pensioners N150bn       The Pension Transitional Arrangement Department (PTAD) has a liability of over N150 billion to pay pensioners who retired from parastatals of government. Its Executive Secretary, Dr. Chioma Ejikeme made this known in an interview. She, however, said the liability was being cleared...

Qatar To Invest $5bn In Nigeria - Onyeama The oil-rich state of Qatar is to invest $5 billion in the Nigerian economy, the Foreign Affairs Minister, Chief Godfrey Onyeama, has said. Onyeama, at a farewell dinner on Sunday in honour of Nigeria’s Ambassador-designate to the State...

Oil Revenue To Remain Subdued As Output Plunges By 15%       Despite the recent rise in oil prices, there are strong indications that Nigeria is not likely to be out of the woods in its petroleum revenue performance and budget funding, due, mainly to the significant...

President Buhari To Sign 2021 Budget On Thursday       Barring any last minute change in plan, President Muhammadu Buhari will sign the 2021 Appropriation Bill into law on Thursday. The National Assembly had last Monday passed the N13.58tn budget for the next fiscal year. It had been the...

How We Created Opportunities Out Of Year 2020 Challenges — NNPC         The year 2020 is a year like no other. A year that threw up a health challenge which brought the whole world to its knees. The coronavirus pandemic precipitated the lockdown of social and economic...

National Assembly Transmits N13.5trn Budget To Buhari         The National Assembly has transmitted the 2021 Appropriation Bill of N13.5tn to President Muhammadu Buhari. The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Babajide Omoworare, disclosed this on Monday. Omoworare said, “The Appropriation Bill has...