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Tompolo: Nigerian Govt Promoting Criminality With N48bn Surveillance Contract, Says Rafsanjani

Tompolo: Nigerian Govt Promoting Criminality With N48bn Surveillance Contract, Says Rafsanjani   The Executive Director of the Civil Society Legislative Advocacy Centre (CISLAC), Comrade Auwal Musa Rafsanjani has condemned the N48 billion surveillance contract awarded by the Nigerian National Petroleum Company Limited (NNPCL) to an ex-militant,...

‘Nigerian Govt’s Reliance On CBN Financing Worrisome’

'Nigerian Govt’s Reliance On CBN Financing Worrisome'       The Nigerian government’s reliance on the Central Bank of Nigeria for the financing of budget deficits is certainly worrying, a London-based economic research firm has said. Capital Economics, in its ‘Africa Economics Focus’ released on Monday, said the government...

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low

Shell’s Annual Payment To Nigerian Govt Hits Six-year Low       The payment made to the Federal Government by Shell companies in Nigeria plunged by 42.45 per cent in 2020 to the lowest in six years. Royal Dutch Shell said on Wednesday that its subsidiaries in Nigeria paid...

Border Closure: Nigeria Spent N1.85trn On Food Importation

Border Closure: Nigeria Spent N1.85trn On Food Importation         The Nigerian government spent N1.85 trillion on food imports in 2020 after it closed the country’s land borders, the chairman of the presidential economic advisory council, Doyin Salami, has said. Mr Salami disclosed this at the 2021 National...

WTO: Fed Govt Moves To Counter US Position On Okonjo-Iweala

WTO: Fed Govt Moves To Counter US Position On Okonjo-Iweala       As the world awaits the outcome of the final consensus decision on the next World Trade Organisation, WTO, there are indications that Nigerian government may have started diplomatic actions to head-off opposition from the United...