CBN Unveils N200bn Loan For FG’s Social Housing Project       The Central Bank of Nigeria has said it will release a cumulative maximum limit of N200bn to provide construction finance facility to enable Family Homes Funds Limited to implement the Federal Government’s Social Housing programme as...

Public Transport Owners Lose N200bn To Inter-state Travel Ban     Members of Public Transport Owners of Nigeria Association (PTONA), have lamented the loss of about N200 billion following the 12-week ban on inter-state travels by the Federal Government. Indeed, the Association also decried additional loss of about...

In Three Months, Transport Sector Lost N200bn     The nation’s transport sector lost about N200bn in three months as a result of the lockdown occasioned by the coronavirus pandemic, transport operators have said. The National President, Public Transport Owners of Nigeria Association, Isaac Uhunmwagho, disclosed this at...

Stamp Duty Revenue Projection Reduced To N200bn     The FIRS said it has deployed technology to increase its tax base as well as improve the collection process. FIRS Executive Chairman, Muhammad Nami, noted, however, that accessing and collecting tax depend largely on the performance of the economy...

Discos, Gencos Deny Knowledge Of FG’s N200bn Payment   Power generation and distribution companies on Thursday said they were unaware of any N200bn that was paid to the power sector by the Federal Government in the past three days. Group Managing Director, Nigerian National Petroleum Corporation, Mele...

FG Offsets Gencos’ Gas Bill With N200bn     The Federal Government has in the past two to three days paid over N200bn for power supply in Nigeria, the Group Managing Director, Nigerian National Petroleum Corporation, Mele Kyari, declared on Wednesday. Also, the Association of Nigerian Electricity Distributors,...