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Category: Economy

Business Economy headline

We have invested N900bn in power since we assumed office – Osinbajo

July 13, 2019 No Comments #We have invested N900bn in power since we assumed office – Osinbajo

Vice President Yemi Osinbajo says the present administration has invested N900 billion in the power sector since its assumption of office in 2015. Osinbajo stated this when he paid a…

Read More We have invested N900bn in power since we assumed office – Osinbajo
Economy headline

Recovering stolen funds in safe havens difficult –Magu

Iheanyi Ejiofor July 12, 2019 No Comments

The acting Chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has stated that the agency is fighting powerful forces in the country. Speaking during the commemoration of the…

Read More Recovering stolen funds in safe havens difficult –Magu
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

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