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In Six Years, Buhari Regime Has Borrowed $2.02bn From China

In Six Years, Buhari Regime Has Borrowed $2.02bn From China       The Buhari’s administration has borrowed $2.02bn as loans from China from 2015, data obtained from the Debt Management Office on Monday showed. According to the statistics obtained from the DMO, Nigeria’s total debt from China as...

Nigeria Records N5trn Non-oil Exports

Nigeria Records N5trn Non-oil Exports       More than N5 trillion non-oil export cargoes were ferried out of the country in the fourth quarter of last year. The goods were shipped out of Lagos ports and formed part of the total export goods valued at about N6 trillion. Customs...

Reps Plan to Prevent NCC, NPA, NIMASA from spending revenue

Reps Plan to Prevent NCC, NPA, NIMASA from spending revenue The House of Representatives is moving to prevent some ministries, departments and agencies from further spending and diverting the revenue they generate, especially the Nigerian Ports Authority, the Nigerian Communications Commission and the Nigerian Maritime...

FG Loses $90m Yearly To Lagos Airport Concession — Reps

FG Loses $90m Yearly To Lagos Airport Concession — Reps         The House of Representatives has said the federal government loses over $90 million annually due to alleged shady deals involved in the concession of the local and international wings of the Murtala Muhammed Airport, Lagos...

NNPC, NPA, Others To Face Senate Panel This Week Over Unremitted N2trn

NNPC, NPA, Others To Face Senate Panel This Week Over Unremitted N2trn       The Senate Committee on Finance has sent out invitations to heads of 60 government-owned firms to start appearing before it from this week. They are to explain their failure to remit various funds running...

Amaechi Sets Up Panel To Probe Alleged NPA Unremitted Cash

Amaechi Sets Up Panel To Probe Alleged NPA Unremitted Cash       The Federal Government on Monday inaugurated a panel of enquiry on the management of the Nigerian Ports Authority and ordered the panel to investigate policies of the suspended managing director of the NPA, Hadiza Bala-Usman. In...