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Buhari Reappoints AMCON’s Boss, Appoints New MD, ED For NDIC

Buhari Reappoints AMCON’s Boss, Appoints New MD, ED For NDIC         President Muhammadu Buhari, has appointed Mr Bello Hassan as the new managing director of Nigeria Deposit Insurance Corporation. He also appointed Mr Mustapha Ibrahim as executive director of the corporation. The President reappointed Mr Ahmed Kuru as...

Buhari To Go Tough On Discos, Agents Selling Prepaid Meters

Buhari To Go Tough On Discos, Agents Selling Prepaid Meters         President Muhammadu Buhari, has reiterated his resolve to mete stiff measures to any of the Discos or their agents selling prepaid meters to their customers against the directive that they should be distributed free. This is...

CBN To Fund CNG Infrastructure With N250bn

CBN To Fund CNG Infrastructure With N250bn         The Central Bank of Nigeria (CBN) will make N250 billion available for infrastructure funding in a bid to expand gas use and cut reliance on imported fuel as government looks forward to offering free conversion to enable some...

Budget 2021: Buhari Transmits Finance Bill 2020 To N’Assembly

Budget 2021: Buhari Transmits Finance Bill 2020 To N'Assembly         President Muhammadu Buhari yesterday transmitted the Finance Bill 2020 to the National Assembly for consideration and passage into law. In a letter to the Speaker of the House of Representatives, Femi Gbajabiamila and which was read on...

Fed Govt Plans One Million Gas-fired Vehicles By 2021

Fed Govt Plans One Million Gas-fired Vehicles By 2021       The Federal Government on Sunday announced that President Muhammadu Buhari, will roll out the National Gas Expansion Programme on Tuesday. It stated that based on this, one million vehicles would be converted to run on autogas before...

Fed Govt Can No Longer Bear Electricity Tariff Shortfalls – Buhari

Fed Govt Can No Longer Bear Electricity Tariff Shortfalls – Buhari         President Muhammadu Buhari, has said the tariff shortfalls in the power sector being borne by the Federal Government are no longer sustainable. Buhari said this on Thursday at the inauguration of Eko Electricity Distribution Company’s...