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Category: Economy

Business Economy headline

No plan to increase fuel price, says NNPC

July 11, 2019 No Comments says NNPC

The Nigerian National Petroleum Corporation (NNPC) on Thursday said it had no plan to increase the price of premium motor spirit (PMS) better known as petrol in the country, stating…

Read More No plan to increase fuel price, says NNPC
Business Economy

FG collects over N10tr from TSA- OAGF

Iheanyi Ejiofor July 11, 2019 No Comments #FG collects over N10tr from TSA

Ebun Francis| The Federal Government has collected on Thursday said it has collected over N10 trillion from the implementation of the Treasury Single Account (TSA) from 1,674 MDAs. Office of…

Read More FG collects over N10tr from TSA- OAGF
Economy headline

FG yet to fund capital projects 43 days after budget assent – Sources

Iheanyi Ejiofor July 11, 2019 No Comments

forty-three days after the 2019 budget was signed into law by President Muhammadu Buhari, the Federal Government has yet to release funds to Ministries, Departments and Agencies for the implementation…

Read More FG yet to fund capital projects 43 days after budget assent – Sources
Economy

Customs to pay N5.5bn for illegally seized rice

Iheanyi Ejiofor July 11, 2019 No Comments

The Federal High Court in Abuja on Wednesday ordered the Nigeria Customs Service and its board chairman to pay about N5.5bn to Maggpiy Trading TFZE for unlawfully seizing 90 containers…

Read More Customs to pay N5.5bn for illegally seized rice
Business Economy headline

Governors call for the removal of fuel subsidy

Iheanyi Ejiofor July 10, 2019 No Comments #Governors call for the removal of fuel subsidy

The 36 state governors on Wednesday called for the removal of the fuel subsidy regime, describing the scheme as unsustainable and a drain on the nation’s resources. The governors, who…

Read More Governors call for the removal of fuel subsidy

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