The federal government has handed over 15 Compressed Natural Gas (CNG) buses to the leadership of the National Union of Road Transport Workers (NURTW), Road Transport Employers Association of Nigeria (RTEAN), and Nigerian Association of Road Transport Owners (NARTO). The Federal Government while explaining that the initiative is part of […]
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Tax Reform Bills: Drama In Senate As Tinubu’s Economic Team Attends Plenary
There was a mild drama Wednesday at the National Assembly, Abuja, as the Senate attempted to allow members of President Bola Tinubu’s economic team into the chamber. The Senate Leader, Opeyemi Bamidele (APC, Ekiti Central), had moved for suspension of Order 12 to allow for visitors into the chamber. Bamidele […]
Rivers Government Under Wike, Fubara Accumulated Debts From ₦5.2billion To ₦213b
Rivers State Government Under Wike, Fubara Accumulated Debts From N5.2billion To N213billion In 12 Months – Report The Rivers State government under the administration of former Governor Nyesom Wike, now Minister of the Federal Capital Territory (FCT) and the incumbent Governor Siminalayi Fubara, accumulated debts from N5,225,575,493.20 to N213,902,344,833.33 within a […]
Oyedele Alleges FG Has Nothing To Show For 60 Taxes, Levies Collected
The federal government has been accused of mismanaging over 60 taxes and levies collected across the country. The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, made these allegations during a Senate plenary session on Wednesday. Oyedele claimed that despite collecting over 60 taxes and levies, […]
Tinubu Nominates Three New Board Members For CCB
In a move to enhance oversight mechanisms, President Bola Tinubu has nominated three new members to fill existing vacancies on the board of the Code of Conduct Bureau (CCB), News360 Nigeria reports. The announcement was made in a formal letter addressed to the Senate President. A statement by Special Adviser to the […]
Port Harcourt Refinery’s Petrol Price Higher Than Dangote’s By ₦75/ltr — PETROAN
The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has said the price of Premium Motor Spirit churned out by the old Port Harcourt Refinery which resumed production on Tuesday, is ₦75 per litre higher than that sold by the Dangote Refinery. This was revealed by the association’s Public […]
Alleged ₦110 Billion Fraud: EFCC Arraigns Ex-Kogi Governor Yahaya Bello
The Economic and Financial Crimes Commission, EFCC, has produced the immediate past Governor of Kogi State, Alhaji Yahaya Bello, before a High Court of the Federal Capital Territory sitting at Maitama for arraignment, News360 Nigeria reports. Bello is billed to enter his plea to a 16-count charge ordering on his alleged complicity […]
States Tackle NNPCL Over Extra ₦1 Trillion Subsidy Payment
The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, citing exchange rate differentials on Premium Motor Spirit importation and joint venture taxes, according to findings by The PUNCH. But state governments tackled the national oil company over the latest request, as […]
Bauchi Govt, CCECCE Sign Agreement For 30MW Solar Power And Distribution Network
CCECC sealed an agreement for a 30MW solar power project in Bauchi State, Nigeria! This project includes the installation of centralized PV modules, energy storage systems, the construction of a new energy control center, and the development of transmission lines and distribution facilities. Upon completion, it will not only help […]
NUPRC Says 1.5million Oil Barrels Produced Daily In Oct. Lowest In 3 Months
A review of data from the Nigeria Upstream Regulatory Commission (NUPRC), has shown that Nigeria produced lowest crude oil per day for last three months in the month of October. According to the data, in the month of October, the daily crude oil production stood at 1.533 million barrels per day (including blended […]