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The shortfall in electricity tariff payable by power consumers across the country is now about N2.5tn, while the average technical, commercial and collection losses of power distribution companies is projected ...
The Federal Government has stated that the Nigeria-Niger Republic rail project would boost trade and other socioeconomic interactions between both countries. A statement by the Director, Press and Public Relations ...
The Federal Government plans to spend N1.2tn on servicing the loans it got from the Central Bank of Nigeria through the Ways and Means Advances, findings by The PUNCH have ...
The Federal Government has denied any increase in the price of Premium Motor Spirit popularly called petrol, despite the hike in the cost of the commodity across the country. The ...
The Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. The government also confirmed that there was a ...
The Nigeria Employer’s Consultative Association has advised the Federal Government to review and reshape economic policies to enhance growth and development. According to NECA, the organised private sector of Nigeria ...
The National Salaries Incomes and Wages Commission says it has initiated process for the review of the National Minimum Wage. NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku, said this ...
The Federal Government disbursed about N173.2bn for the equalisation of over 11.6 billion litres of Premium Motor Spirit, popularly called petrol, between 2019 and 2022, data obtained from the Federal ...
The Nigerian National Petroleum Company Limited is selling Premium Motor Spirit, popularly called petrol, at a loss because of its mandate from the Federal Government as regards PMS subsidy, the ...
Given the imminent surge in population, the Federal Government has been advised to prioritise and invest more in housing schemes to provide more affordable houses to Nigerians. According to the ...