Tinubu Appoints New Leadership for Bank of Industry   President Bola Tinubu has approved the appointment of the following Nigerians to the board of the Bank of Industry Limited: (1) Dr. Mansur Muhtar, OFR, -- Chairman (2) Dr. Olasupo Olusi -- Managing Director/Chief Executive Officer (3) Mrs. Ifeoma Uz'Okpala...

Abati’s Slip of the Pen on Fuel Subsidy  By Salisu Na'inna Dambatta Dr. Reuben Abati’s recent commentary on the saga of renewed fuel queues that were largely absent in most of President Buhari’s two-term tenure, and Buhari’s refusal to remove fuel subsidy towards the end of...

FG, States to Procure Prepaid Meters with N100bn The Federal Government and the states have raised N100bn for the procurement of prepaid electricity meters. Minister of Power, Adebayo Adelabu, said this was under the Presidential Meter Initiative programme. Adelabu disclosed this while addressing broadcasters in Ibadan, the...

Whistleblowing Policy: N83bn, $609m Recovered in Six Years – Finance Minister The Minister of Finance and Coordinating Minister of Economy, Wale Edun, says the whistleblowing policy has helped the federal government to recover N83 billion, $609 million, and €5 million. Edun spoke on Wednesday at a...

FG Plans N3bn to Mitigate Flooding Effect The Federal Government has announced its plan to provide N3 billion in support to all states in an effort to mitigate the impact of the recent flood disaster. The Minister of Finance and Coordinating Minister of the Economy, Mr....

Tinubu to commission $115m West Africa Container Terminal in Rivers President Bola Tinubu will officially commission the upgraded West Africa Container Terminal (WACT) in Onne, Rivers State, next Wednesday. WACT, operated by APM Terminals in Onne, Rivers State, is Nigeria’s largest container terminal outside Lagos. An...