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REPS-Failing To Modernize E-Customs Costs Nigeria $8.810 Billion Yearly

REPS- Failing To Modernize E-Customs Costs Nigeria, $8.810 Billion Yearly According to the Nigerian House of Representatives, a lack of custom modernization projects by the Nigerian Custom Service has led to a loss of $8.810 billion in revenue each year. Rep. Leke Abejide, Chair of the House...

PenCom Tells Reps, “Contributors’Details Confidential”

PenCom Tells Reps, "Contributors'Details Confidential"   The National Pension Commission has said it will protect the confidential information of contributors and retirees under the Contributory Pension Account. The commission stated this in reaction to the latest move by the House of Representatives Ad-hoc Committee, which recently summoned...

NIMASA Contractors Fail To Remit $286m Revenue – Reps

NIMASA Contractors Fail To Remit $286m Revenue – Reps   Private firms engaged by the Nigerian Maritime Administration and Safety Agency to collect revenue on its behalf have failed to remit money in excess of $286m to the Federal Government, the House of Representatives Committee on...

Reps Panel Wants N9bn Recovered From Capital Oil

Reps Panel Wants N9bn Recovered From Capital Oil The House of Representatives Committee on Petroleum Resources (Downstream) has directed the full recovery of N9bn into the treasury of the Federal Government from Capital Oil and Gas Limited. The money is the balance of the N11bn worth...

Brass LNG: Reps Probe The Implentation Of The $22bn Project

Brass LNG: Reps Probe The Implentation Of The $22bn Project The House of Representatives has resolved to probe the implementation of the $22 billion Brass Liquefied Natural Gas (LNG) Project. The house said there had been several allegations of mismanagement of the Brass LNG take off...

Reps Thumb Up CBN’s Intervention Projects

Reps Thumb Up CBN’s Intervention Projects The House of Representatives Committee on Banking and Currency has applauded the intervention projects of the Central Bank of Nigeria at the Administrative Staff College of Nigeria(ASCON), Topo, Badagry, Lagos. Speaking during the oversight visit of the Committee to CBN...