Nigerian Govt was losing N400bn monthly to fuel subsidy – Finance Minister, Edun
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says fuel subsidy was costing the Federal Government N400 billion monthly.
Edun revealed...
FAAC: FG, States, LGs share N1.149trn January revenue
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,149.816 trillion January 2024 Federation Account Revenue to the Federal, States and...
Clean our polluted farmlands, swamps before divestment, N/Delta women urge Shell, others
Women from the Niger Delta region have challenged Shell Petroleum Development Company (SPDC) and other oil firms planning to divest from their on-shore assets...
FG halts export of cooking gas to crash prices
Bothered by the soaring cost of Liquefied Petroleum Gas(LPG) also known as cooking gas, the Federal Government (FG) on Thursday, said it has stopped...
Dollar plummets from N1800 to N1300 as Nigerian government takes action against spot traders...
In recent news, the value of the Nigerian Naira has surprisingly increased compared to the Tether (USDT) cryptocurrency. It went up to 1370 from...
FG threatens to open borders for cement importation
The Federal Government says it might open the borders for cement importation if manufacturers of the product fail to bring down the cost.
The Minister...
Police, Tantita collaboration arrests 40 suspects, recover 2 Oil vessels in Bayelsa
The Nigerian Police Force, in collaboration with Tantita Security Services Ltd. and the military, has arrested forty (40) suspects and intercepted two (2) Vessels...
Army Destroys Illegal Refineries In Rivers, Abia
Troops of two divisions of the Nigerian Army have uncovered and destroyed a massive illegal refinery in Okoloma, Oyigbo Local Government Area of Rivers...
Oil theft: Lawmaker urges FG to renew expand Tantita security contract
Rep. Thomas Ereyitomi, a member representing Warri Federal Constituency, has urged the Federal Government to speed up contract renewal and expansion of Tantita Security...
VP Shettima unveils Presidential Committee for $2.5bn green economy
The Vice President of the Federal Republic of Nigeria, His Excellency, Senator Kashim Shettima, will today at the Presidential Villa, Abuja inaugurate the committee...