The Nigerian National Petroleum Corporation (NNPC) has announced the appointment of Mallam Mele Kyari,as Nigeria’s National Representative to the Organization of the Petroleum Exporting Countries (OPEC). The Corporation disclosed this in a statement by its Group General Manager, Group Public
BUSINESS
The Federal Government says it will spend about 2.7billion dollars for the concession of narrow gauge rail lines in the country. The Minister of Transportation, Mr Rotimi Amaechi who disclosed this on Monday in an interview with the News Agency of Nigeria (NAN) in Abuja. He said that 45million dollars interim phase agreement has been […]
The Central Bank of Nigeria (CBN) on Monday said Nigeria spent 36.3 billion dollars on the importation of petroleum products between 2013 and 2017. The apex bank made the disclosure at a public hearing organised by House of Representatives’ Ad hoc Committee investigating the state of the nation’s refineries, their turn-around maintenance to date and […]
Socio-Economic Rights and Accountability Project (SERAP) has sent a Freedom of Information request to Babatunde Fashola, SAN, Minister of Power, Works and Housing, asking him to use his good offices and leadership position “to urgently provide information on specific details of spending on the privatisation of the electricity sector and the exact amount of
The National Bureau of Statistics has revealed that transactions from Automated Teller Machines of selected banks across the country reached N1.568 billion in the first quarter of 2018. The NBS stated this in its Selected Banking Sector Data for First quarter, 2018, posted on it’s website. The bureau stated that a total of 457,226,406 transactions […]
The Chairman of the House of Representatives ad-hoc committee on the state of the nation’s four refineries, their turn around maintenance (TAM) and regular/modular licensed refineries, Hon. Garba Datti Muhammad has revealed that President Muhammadu Buhari would face the committee over the state of Nigeria’s refineries. He stated this at the opening of a two-day […]
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