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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...

Panel To Probe NPA’s Suspended MD For Inauguration Today

Panel To Probe NPA's Suspended MD For Inauguration Today       The Federal Government may on Monday (today) inaugurate a panel to investigate Nigerian Ports Authority under suspended managing director, Hadiza Bala-Usman. Economic Confidential had earlier reported that President Muhammadu Buhari was probing the alleged non-remittance of N165.32bn...

Buhari Suspends NPA’s Bala-Usman, Probe To Begin Monday

Buhari Suspends NPA's Bala-Usman, Probe To Begin Monday       President Muhammadu Buhari has suspended the Managing Director of the Nigerian Ports Authority, Hadiza Bala-Usman, sources familiar with the development said on Thursday. It was learnt that a panel of enquiry had been constituted to look into...

Shippers Count Losses, NPA Resumes Export Receipts

Shippers Count Losses, NPA Resumes Export Receipts       Shippers in the country have said they lost N780bn in 2020 because they could not access shipments in ports. They said the inability to access the ports affected both in imports and export cargoes. President of Shippers Association Lagos...