19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...

$1.5bn, 995m Euros Loan To Buy 20,000 Tractors - Nanono       The Federal Government yesterday said it plans to buy 20,000 tractors in the next six years for mechanised agriculture from its 995million euro loan request now before the Senate. The Minister of Agriculture and Rural Development,...

Senate Demands Details Of $1.5bn, €995m Agriculture Loans       The Senate Committee on Local and Foreign Debts on Tuesday asked the ministries of Agriculture, Finance and the Debt Management Office to provide details of the €995m and the $1.5bn foreign loans. The panel specifically requested for details...

House Demands Documents On N2.2trn Foreign, Domestic Debts Utilisation       The House of Representatives Committee on Public Accounts has asked the Office of the Accountant-General of the Federation to forward the financial statement on the utilisation of the N2.2tn revenue accruing from foreign and domestic debts...

Nigerians’ Concerns Should Be How Loans Are Utilised - DMO Boss     The Director-General, Debt Management Office, Patience Oniha, on Wednesday, defended the nation’s debt profile, saying there is nothing wrong with borrowing. She said rather than complaining about the nation’s debt profile, what should be of...

We’re Not Seeking Debt Relief From Creditors – Fed Govt     The federal government has said it is not seeking any debt relief from its creditors despite the widely reported calls for debt relief for middle and low-income countries that are currently experiencing capital flight and...