FG to Borrow 11 trillion for 2023 Budget, to Spend 3 trillion on Fuel Subsidy The federal government has revealed plans to borrow about N11.3 trillion to fund expenditure in the 2023 budget. Noting that the deficit is projected to exceed 12.41 trillion in 2023...

Govs Question NNPCL Ownership Nigeria governors have expressed concerns regarding the ownership, liabilities, and assets of the newly formed Nigerian National Petroleum Company Limited. Regarding this, the Chairman of the Council, Vice President Yemi Osinbajo, directed that a sub-committee be set up to liaise with the...

NNPC Moves To Buy FG’s Power Plants   The Nigerian National Petroleum Company Limited (NNPCL), formerly Nigerian National Corporation (NNPC), has expressed interest to participate in the acquisition of the power plants put up for sale by the Federal Government through the Nigeria Integrated Power Plants...