Nigeria Loses N800bn Monthly To Poor Port Operation
The President Shippers Association of Lagos, Rev. Jonathan Nicole, yesterday said Nigeria loses over N800 billion monthly due to lack of 24-hour seaport operation.
Nicole made this known to the News Agency of Nigeria (NAN) in Lagos.
In May...
FG Moves To End N800bn Yearly Importation of Paper
The Minister of Industry, Trade and Investment, Mr. Adeniyi Adebayo, has said the federal government will resuscitate the Nigerian Paper Industry as part of its strategy for economic diversification.
He said the paper industry plays a critical...
Senate To Investigate PPPRA Over N800bn For Roads – Lawan
President of the Senate, Ahmad Lawan, has said the Senate will investigate the Petroleum Products Pricing Regulatory Agency over alleged non-remittance of N800 billion to the Federal Roads Maintenance Agency (FERMA) for the maintenance of...
Following CBN’s Directive , Banks Grow Loans By N800bn
Deposit Money Banks (DMBs) in the country have grown the loan book by N800bn in an aggressive drive to comply with the 60 per cent Loan-to-Deposit Ratio (LDR) mandate given by the Central Bank of Nigeria...
Supplementary Budget: Reps Demand N800bn For Fuel Marketers
The House of Representatives is unhappy over the lingering scarcity of petrol in the country and has asked the Executive to submit a N800bn supplementary budget to the National Assembly to offset the debts allegedly owed fuel...
