NNPC Must Account For N1.3t ‘Illegally’ Deducted In 2017 – Reps

The House of Representatives has stated the Nigeria National Petroleum Corporation(NNPC) must account for N1.3 trillion, which it allegedly illegally deducted from the Federation Account in 2017. Chairman of the House Public Accounts Committee, Wole Oke, stated this while quizzing the Accountant General

How Economy Climbed Out Of Recession, By Minister

Minister of Finance, Budget and National Planning Zainab Ahmed on Monday briefed the National Assembly about Federal Government’s efforts that helped the country exit recession in the fourth quarter of this year. Ahmed, who spoke at a meeting between the Leadership of the

GenCos To Get Cheaper Gas

• Electricity tariffs will go down, says minister Nigerians will witness a reduction in the cost of electricity tariff, Minister of Labour and Employment Chris Ngige said on Sunday night. The minister said the Federal Government and organised labour agreed on the reduction

Achieving The Elimination Of Gas Flaring By 2025

The House of Representatives joint Committee on Gas Resources, Environment and Climate Change’s public hearing was aimed at garnering recommendations that will help in reducing the devastating consequences of gas flaring. Minister of State for Petroleum Resources Timipre Sylva set a deadline of

Publish Reports Of Forensic Audit Now, IYC To FG, NDDC:

The Ijaw Youths Council (IYC) Worldwide has called on the Federal Government and the Niger Delta Development Commission (NDDC) to immediately publish the report of the commission’s forensic audit. The IYC in a statement signed by its President, Deacon Timothy Igbifa, recalled that

NCAA lifts Ban On Boeing 737 Max Aircraft

The Nigerian Civil Aviation Authority (NCAA) has lifted the ban on Boeing 737 Max Aircraft in the airspace following two accidents involving the aircraft model. Its Director General, Captain Musa Nuhu disclosed this at the weekend. According to Nuhu, the aircraft type has

Buhari Signs 30 Per Cent Import Duty Reduction On Vehicles

Following the outcry over over bloated import duty slammed on importation of vehicles, President Muhammadu Buhari has assented to the reduction of import duty on passenger transport vehicles by 30 per cent, The Nation learnt on Sunday. The reprieve also includes zero or

NCC Disclaims Allocation of 383 Million New Phone Numbers

The Nigerian Communications Commission (NCC) has disclaimed the allocation of 383 million new telephone numbers to operators, asserting that a publication in respect of such allocation was not true. It noted that a publication wrongly interpreted an updated report on National Numbering Plan,

No Plan To Hike Pump Price, Says NNPC

By John Ofikhenua, Abuja and Lucas Ajanaku, Lagos There is no plan to hike pump price, the Nigerian National Petroleum Corporation (NNPC) said on Tuesday. Group General Manager, Group Public Affairs Division, Dr Kennie Obateru, dismissed rumours about an imminent upward review of

Uzodimma Congratulates Okonjo-Iweala on WTO Appointment

Governor Hope Uzodimma  of Imo State  has felicitated with the former Minister of Finance and Coordinating Minister for Economy, Dr Ngozi Okonjo-Iweala on her well deserved election as the Director General of the World Trade Organisation (WTO), saying her appointment is a thing