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NNPC, Shell, Total Generate N21bn To Fight COVID-19

NNPC, Shell, Total Generate N21bn To Fight COVID-19         The Nigeria National Petroleum Corporation in collaboration with Shell Petroleum Development Company and Total Petroleum Company have said they generated $30m since the beginning of COVID-19, amounting to N21bn to help fight COVID-19 in the country. The Director...

Income Tax Revenue Lags Behind Fed Govt Projections

Income Tax Revenue Lags Behind Fed Govt Projections         Amidst various pressures on the Federal Government’s finances and 2020 budget’s revenue estimates, an indication has emerged that the government has already recorded a 25.3 per cent shortfall in Company Income Tax, CIT, in the first six...

FG Owes 3,504 Housing Contractors, Says Fashola

FG Owes 3,504 Housing Contractors, Says Fashola       The Minister of Works and Housing, Mr Babatunde Fashola, said on Thursday that his ministry owed 3,504 contractors handling its various housing projects N69.91bn. Fashola stated this when he appeared before the joint National Assembly Committee on Housing to...

FG Okays N87.5bn Contracts For Roads, Bridge

FG Okays N87.5bn Contracts For Roads, Bridge       The Federal Executive Council on Wednesday approved N87.54bn for the construction of some roads in parts of the country. The amount approved included the cost variation for two existing road contracts. The Minister of the Federal Capital Territory, Muhammed Bello;...

W/Bank Pledges $72m For States’ Land Administration Records

W/Bank Pledges $72m For States’ Land Administration Records       The World Bank has expressed willingness to give each state of the federation a grant of two million dollars to enable them to update their property records. This, however, is based on the condition that benefiting states capture...

Businesses, Govts Count Losses To #EndSARS Protests

Businesses, Govts Count Losses To #EndSARS Protests       At the backdrop of the destructions of public and private properties and businesses in the wake of the #EndSARS protests, businesses have been counting their losses while economy experts have listed the immediate challenges the crises have thrown...