Fed Govt Launches N50bn Export Expansion Facility       Minister of Industry, Trade and Investment, Otunba Niyi Adebayo on Monday officially flagged- off the Federal Government’s N50 billion Export Expansion Facility Programme (EEFP) and launched the first on-line Grant Management Portal for non-oil exports at Export House,...

Labour Faults Fed Govt’s N50bn Monthly Electricity Susbsidy         Organised Labour has tackled the Federal Government over claims of subsidising electricity supply across the country for over N50billion monthly. The administration of President Goodluck Jonathan privatised the electricity sector in November 2013 and handed it over to...

DisCos’ Sustainability Questioned As FG Pays N50bn Monthly Subsidy       The government’s financial support to the power sector hovering around N2.3 trillion in the past few years has raised concerns among stakeholders who insisted, yesterday, that the industry is at a crossroad. The Minister of Power, Sale...

FG Subsidises Electricity By N50bn Monthly - Power Minister       The Federal Government has been subsidising electricity supply across the country to the tune of over N50bn monthly, the Minister of Power, Sale Mamman, has said. He said the subsidy spendings were because the government was worried...

CBN Cancels Commodity Exchange Privatisation, Invests N50bn         In the next 90 days, the Nigerian Commodity Exchange (NCX) will be repositioned to boost production of farmers. This will give farmers direct access directly to the buyers at the exchange as it eliminates arbitrage currently being enjoyed...

CBN, NSIA To Invest N50bn In Nigeria Commodity Exchange         The Central Bank of Nigeria (CBN) and the Nigeria Sovereign Investment Authority (NSIA) are to invest a fresh N50 billion in the Nigerian Commodity Exchange (NCX), Abuja. The Governor of the CBN, Mr. Godwin Emefiele, disclosed this...