FRC begins verification of N2.9trn FG capital projects
Jan. 27, 2024 The Fiscal Responsibility Commission (FRC) is set to begin physical verification of selected Federal Government capital projects valued N2.9 trillion across the six geo-political zones of the…
Reps queries NERC over N39bn for provision of metres, says licensed company lacks capacity
Nov. 13, 2023 The House of Representatives has directed the Nigerian Electricity Regulatory Commission to explain within 72 hours why a company licensed to provide metres is yet to provide…
Raise oil production to reduce 2023 budget deficit- Experts urge FG
October 19, 2022 Some financial analysts have urged the Federal Government to raise the nation’s oil production to OPEC quota, as panacea to ensure fiscal sustainability and reduce the proposed…
Nigeria urgently needs to increase revenue generation and collection – DMO
August 24, 2022 The Debt Management Office (DMO) says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General, Mrs. Patience Oniha made the declaration…
Buhari writes Reps, wants increase in 2022 budget deficit financed through borrowing
April 7, 2022 President Muhammadu Buhari has written to the House of Representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market….
N434m for CCT capital projects, verifiable – Spokesperson
Dec. 23, 2021 The Code of Conduct Tribunal (CCT) can justify the N434.5 million payment to contractors. This is contained in a statement by the Spokesperson of the CCT, Atekojo…
PIA: Lawan urges implementation committee to expedite action
Sept. 14, 2021 The President of the Senate, Ahmad Lawan has called on the Presidential Steering Committee on Petroleum Industry Act (PIA) to expedite action on implementation of provisions of…
We have not at any time defaulted in our remittance of operational surpluses – CBNÂ
Sept. 2, 2021 The Central Bank of Nigeria (CBN) has denied allegation that it failed to remit 80 per cent of its operational surpluses into the Consolidated Revenue in the…
FRC, FRSC disagree over allegations of non remittance of N5.1bn to federation accountÂ
Aug. 25, 2021 The Fiscal Responsibility Commission (FRC) has alleged that the Federal Road Safety Corps (FRSC) is yet to remit N5.1 billion into the Federation Account from 2016 to…
Reps directs NCC to provide details of turnover realised from MNOs between 2018 and 2020
Aug. 19, 2021 The House of Representatives has directed the Nigeria Communication Commission (NCC) to provide details of turnover realised from all network operators from 2018 to 2020. Rep. James…