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26 States Set For N878bn Deficit In 2021

26 States Set For N878bn Deficit In 2021       Amidst a nationwide push against the recessionary economy, about 26 states of the nation are planning to spend about N878 billion in excess of what their revenue expectations can carry. This indicates that they also plan to...

FAAC Allocation In 2020 Not Bad

FAAC Allocation In 2020 Not Bad         Federation Accounts Allocation Committee (FAAC) revenue to the Federal Government, 36 states and 774 local governments fell by just five percent to N7.14 trillion in eleven months (January to November) from N7.46 trillion in the same period of 2019. Going...

FERMA Gets N8.1bn From FG To Repair Ten Roads

FERMA Gets N8.1bn From FG To Repair Ten Roads       The Federal Executive Council on Wednesday approved a total of N8.1bn for the Federal Roads Maintenance Agency to carry out emergency repairs of 10 roads across the country. The Minister of Works and Housing, Babatunde Fashola, disclosed...

Fed Govt Licenses 203 Agents To Boost NIN Enrolment

Fed Govt Licenses 203 Agents To Boost NIN Enrolment       The Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim (Pantami), has approved the licensing of 173 private sector Agents and 30 State Governments/Public Sector Institutions to conduct enrolment of Nigerians and legal residents into...

Gas Leakage: Industrial Customers Suffer Supply Cut

Gas Leakage: Industrial Customers Suffer Supply Cut       Industrial customers and other entities receiving gas through the pipeline that was ruptured in Magboro, Ogun State, on Wednesday have seen supply cut off following the isolation of the affected section of the line. One of our correspondents gathered...

Poultry Sector Gets Boost with N12.5bn CBN Largess

Poultry Sector Gets Boost with N12.5bn CBN Largess The Central Bank of Nigeria (CBN) has released the sum of N12.552 billion to large, medium and small-scale poultry farmers in the country as part of its strategy to boost egg and meat production as well as...