Federal Government to reintroduce tolling on the nation’s highways

16 SHARESThe Federal Government on Monday said it would reintroduce tolling on the nation’s highways to raise the much-needed funds to maintain the roads. The Minister of Power, Works and Housing, Mr. Babatunde Fashola, stated this while addressing members of the Manufacturers Association of Nigeria, who visited him in his office in Abuja. The minister’s Read More

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FG inaugurates panel to coordinate financial statistical data

18 SHARESThe Federal Government on Monday inaugurated a finance sectoral consultative committee for the effective coordination of statistical data in the Ministry of Finance and its agencies. The Permanent Secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse, inaugurated the committee at the headquarters of the ministry in Abuja. The membership of the committee is drawn from Read More

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CBN threatened to sanction any Deposit Money Bank found in breach of directive

18 SHARESThe Central Bank of Nigeria on Monday threatened to sanction any Deposit Money Bank found in breach of its earlier directive of March 3, 2017 instructing them to, among other things, open teller points for retail forex transactions and to have electronic display boards in all their branches, showing rates of all trading currencies. Read More

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INEC resumed the recall process for senator Dino Melaye.

19 SHARESThe Independent National Electoral Commission has resumed the recall process for the senator representing Kogi West Senatorial District, Dino Melaye. An INEC National Commissioner and member of the Information and Voter Education Committee, Mallam Mohammed Haruna, said in a statement on Tuesday that the commission would release a revised timetable and schedule of activities Read More

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EFCC discovered N6bn uncompleted eight-story building belonging to Patience Jonathan

16 SHARESThe Economic and Financial Crimes Commission has discovered an uncompleted eight-story building in a prime area of Abuja allegedly belonging to Patience Jonathan, the wife of former President Goodluck Jonathan. The building, which has been described by the EFCC as a ‘magnificent architectural edifice,’ has not yet been valued by the commission. However, comparative Read More

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FG approved N20bn for the settlement of the 2017 export claims.

13 SHARESThe Executive Director/Chief Executive Officer, Nigeria Export Promotion Council, Olusegun Awolowo, on Thursday in Kano, stated that the Federal Government had approved N20bn for the settlement of the 2017 export claims. At a stakeholders’ forum on the revised guidelines on the Export Expansion Grant, Awolowo stated that the review of the scheme by the Read More

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