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Trade Ministry Seeks Amendment To PIA, Targets N1bn Revenue

Trade Ministry Seeks Amendment To PIA, Targets N1bn Revenue       There are indications that the the Federal Ministry of Industry, Trade and Investment has put machinery in motion to push for the amendment of the newly passed Petroleum Industry Act (PIA) to address certain conflict with...

Lagos State Govt Remit N1bn Pension Funds To 287 Retirees

Lagos State Govt Remit N1bn Pension Funds To 287 Retirees     The Lagos State Government has said that 287 of its retirees have received the sum of N1 billion in their retirement savings accounts (RSA). This was disclosed at the 86th bond presentation ceremony in Lagos by...

NCoS Admits Receiving N1bn In Error From Unknown Contractor

NCoS Admits Receiving N1bn In Error From Unknown Contractor     Reps panel gives service two weeks for fresh evidence The House of Representatives Committee on Finance, heard of how a contractor, whose name was not disclosed, erroneously transferred N1 billion to the account of the Nigerian Correctional...

Lagos Govt Pays 358 Retirees Over N1bn Entitlements

Lagos Govt Pays 358 Retirees Over N1bn Entitlements       The Director-General, Lagos State Pension Commission, Mr Babalola Obilana, has said the state government paid over N1bn to retirees in April. He disclosed this while delivering a speech at the retirement bond certificates presentation ceremony to the 84th...

We Recovered N1bn Debit Notes From Importers, Shippers – NCS

We Recovered N1bn Debit Notes From Importers, Shippers - NCS       The Comptroller General of the Nigeria Customs Service (NCS), Strike Force Unit says it has recovered debit notes worth N1bn from importers, shippers in the last three months. The service also said smugglers now made use...

Fed Govt Loses N1bn To Ghost Pensioners Monthly

Fed Govt Loses N1bn To Ghost Pensioners Monthly       Nigeria Union of Pensioners (NUP), University of Benin branch, has disclosed that the Federal government lost N1Billion monthly to ghost pensioners monthly. The pensioners, in a Save Our Soul (SOS) message to President Muhammadu Buhari and signed by...