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Buhari nominates Mohammed Bello as RMAFC chairman, seeks senate confirmation

    Buhari nominates Mohammed Bello as RMAFC chairman, seeks senate confirmation

President Muhammadu Buhari has nominated Mohammed Bello as chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC). The president said this in a letter sent to the national assembly.

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Eko Disco: We lost N4bn to vandalism, cable theft in 6 months

    Eko Disco: We lost N4bn to vandalism, cable theft in 6 months

Eko Electricity Distribution Company (EKEDC) says it has lost about N4 billion of its assets and electrical installations to vandalism in the last six months. Tinuade Sanda, managing director, EKEDC,

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Removal of fuel subsidy will free economy from bondage, says NEITI

    Removal of fuel subsidy will free economy from bondage, says NEITI

The Nigeria Extractive Industries and Transparency Initiative (NEITI) says the removal of fuel subsidies will free the country’s economy from bondage. Orji-Ogbonnaya Orji, executive secretary, NEITI said this on Tuesday

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REVEALED: Peter Obi administration’s $12.24m stake in International Breweries now worth $5.38m

    REVEALED: Peter Obi administration’s $12.24m stake in International Breweries now worth $5.38m

In a 2018 interview, Peter Obi said he invested $20 million in International Breweries on behalf of Anambra state as a governor. Obi’s claim was in response to questions on

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‘Apologise or we’ll cut supply to FCT’ — Electricity workers tell EFCC over ‘assault’ on AEDC staff

    ‘Apologise or we’ll cut supply to FCT’ — Electricity workers tell EFCC over ‘assault’ on AEDC staff

The electricity workers’ union in Abuja Electricity Distribution Company (AEDC) have demanded an unreserved apology from the Economic and Financial

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Whistleblowing policy: Nigeria recovered $386m of stolen funds in 2021, says Buhari

    Whistleblowing policy: Nigeria recovered $386m of stolen funds in 2021, says Buhari

President Muhammadu Buhari says around $386 million was recovered in 2021 through the whistleblowing policy enacted by his administration in

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Buhari defends Emefiele’s ‘unorthodox’ policies, says it’s alternative economic model

    Buhari defends Emefiele’s ‘unorthodox’ policies, says it’s alternative economic model

Again, President Muhammadu Buhari has expressed a vote of confidence in Godwin Emefiele, governor of the Central Bank of Nigeria

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ICPC: Nigeria needs improved negotiation skills to curb illicit financial flows

    ICPC: Nigeria needs improved negotiation skills to curb illicit financial flows

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has called for better negotiation skills in curbing illicit financial

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Sylva: Africa to benefit from $13bn Trans-Saharan gas pipeline project

    Sylva: Africa to benefit from $13bn Trans-Saharan gas pipeline project

Timipre Sylva, minister of state for petroleum resources, says the $13 billion Trans-Saharan gas pipelines (TSGP) project will present a

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Buhari to private sector: Reinvest profits on creation, retention of jobs

    Buhari to private sector: Reinvest profits on creation, retention of jobs

President Muhammadu Buhari has asked members of the organised private sector to reinvest their profits on the creation and retention

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