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Despite Failure To Begin Operations, National Carrier Gets N400m Allocation

Despite Failure To Begin Operations, National Carrier Gets N400m Allocation   The Federal Government plans to spend N400m as working capital on its proposed national carrier which has failed to begin operations and has remained on the discussion table since 2015. It disclosed this in the 2022...

Fuel Marketers’ Revenue To Drop By N400bn – Report

Fuel Marketers’ Revenue To Drop By N400bn – Report     The total revenue from the sale of petroleum products in Nigeria is expected to fall by N400bn this year on the back of the impact of the COVID-19 pandemic on fuel consumption, a new report by...

AEDC Meters 19,400 MAP Customers, Okays N400m Investment

AEDC Meters 19,400 MAP Customers, Okays N400m Investment   The Managing Director of Abuja Electricity Distribution Company (AEDC), Engr. Ernest Mupwaya, said 19,400 customers have been metered since the Meter Asset Provider (MAP) regime began in May 2019 in its franchise area. Speaking at a retreat...

FG Earmarks N400m To Empower 4,000 Traders In Plateau

FG Earmarks N400m To Empower 4,000 Traders In Plateau   The Federal Government is to spend about N400m on 4,000 small-scale entrepreneurs in Plateau State as part of its TraderMoni empowerment initiative. The gesture, according to its promoters, has been concretised between the Bank of Industry and...

Erosion Control, FG Inaugurates N400m Project In Abia

Erosion Control, FG Inaugurates N400m Project In Abia   The federal government has brought a sigh of relief to the people of Amachara in Umuahia South Local Government Area of Abia State following the inauguration and handing over of a flood and erosion control project completed...