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FEC Okays N8.6bn To Begin Siemens Power Project

FEC Okays N8.6bn To Begin Siemens Power Project     The Federal Executive Council (FEC) has endorsed the President’s approval to release €15.21 million (N6.94 billion) offshore and N1.71bn onshore, totaling N8.65bn as counterpart funding to kickoff phase 1 of the Siemens Presidential Power Initiative. The Minister of...

Customs Makes 596 Impounds, Realises N8.6bn In 6months

Customs Makes 596 Impounds, Realises N8.6bn In 6months   The Nigeria Customs Service, Federal Operations Unit, Zone ‘A’ Ikeja, Lagos has realized about N8.6 billion from intercepted contrabands and duty received on imported goods in the last six months. Giving a breakdown of the earnings, Public Relations...