Business
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Rivers State Governor, NYESOM WIKE, has alleged that politics has been used to deny the state access to agricultural loans offered by the Central Bank of Nigeria. Governor WIKE made the accusation when he hosted the Minister of State for Agriculture, and Rural Development, MUSTAPHA BABA SHEHURI at Government House, Port Harcourt. The governor decried […]
The NNPC stated this in response to the query raised in the 2016 report of the Auditor General for the Federation The Chairman of the Senate Public Account Committee, Senator MATHEW URHOGHIDE, is reportedly examining the Auditor-General’s report. However, the Senate panel insisted that the NNPC had a case to answer on why it allegedly […]
The Minister of Finance, ZAINAB AHMED, has defended the Federal Government’s planned sale of public assets on the that move will boost the economy. In an appearance on a national television programme, AHMED, who is also the Minister of Budget and National Planning, said some government assets were failing and provide little or no value […]
The Minister of Power, SALEH MAMMAN, has directed the Nigerian Electricity Regulatory Commission (NERC) to inform all Electricity Distribution Companies (DISCOs) to revert to tariffs that were applicable in Dec. 2020. In a statement by Aaron Artimas, Senior Special Adviser, Media and Communications to the Minister of Power, in Abuja said the reversal to the […]
The Niger Delta Basin Development Authority says the Songhai integrated farm project of the federal government will create employment and empower the youth. The managing Director of the of NDBDA, Engr. TONYE DAVID-WEST made this known in Port Harcourt, stating that the authority would commence training for youth in the first quarter of next year […]
The Minister of Finance, Budget and National Planning, ZAINAB AHMED says the recession afflicting the Nigerian economy would be short-lived. AHMED said this at the ongoing 26th Nigerian Economic Summit organised by the Nigerian Economic Summit Group and the Federal Ministry of Finance, Budget, and National Planning. AHMED also said the country would emerge from […]
Senate President, AHMAD LAWAN, has announced that the Petroleum Industry Bill, PIB, will be passed in June next year. A post on the website of advocacy group, Order Paper, noted that LAWAN made the promise at a retreat for top management staff of the National Assembly and National Assembly Service Commission. Recall that the legislative […]
National Bureau of Statistics (NBS) says the nation’s economy has formally entered into recession as the Gross Domestic Product (GDP) contracted for the second consecutive quarter by 3.62 per cent in the third quarter of 2020. The National Bureau of Statistics, NBS, in its GDP report for third quarter of 2020 said the nation recorded […]
