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2014: Delta targets N62b tax, earmarks N37b for DESOPADEC
The governor, who warned that the money was solely for the development of the oil producing communities, vowed to keep an eye on the activities of the commission to ensure...
Read morePrivatisation of refineries: NUPENG will still go on strike – Chairman
Korodo told the News Agency of Nigeria in Lagos that it was improper for the government to privatise the refineries without consulting stakeholders in oil and gas
Read moreOil theft reduced to 40,000 barrels per day – Uduaghan
The governor said that although the quantity of the stolen crude was still on the high side, with proactive measures by government, the menace would be checked
Read moreNSE market capitalisation dips by N32b
Forte Oil followed, depreciating by N4.88 to close at N92.87, while Nigerian Breweries lost N2.89 to close at N165.01 per share
Read moreNSE market capitalisation dips by N32b
Nestle led the losers’ chart by N18 to close at N1,182 per share
Read moreThere’s no plan to increase pump price of fuel – FG
He emphasised that government had no plan to increase the pump price of Premium Motor Spirit from the prevailing price of N97 per litre
Read moreFAAN relocates car hire operators at Lagos airport
The relocation became necessary in order to make way for the construction of the new international terminal for the airport at the site of the existing car park
Read moreEkiti State issues N5b bond for capital projects
A breakdown of the offer document showed that N1.58 billion is earmarked for the construction of Ekiti-Kete Pavillion in Ado-Ekiti
Read moreMarketers commend NNPC, PPMC over products availability
A NAN correspondent, who monitored petroleum retail outlets in Lagos, reports that all filling stations visited were dispensing fuel to motorists
Read moreAdamawa receives $11m from Sovereign Wealth Fund
Receiving certificates for the two amounts in Yola, the Adamawa State capital, Governor Murtala Nyako said that the introduction of the fund was laudable as it would enhance development
Read moreAjimobi dissolves boards of parastatals
This dissolution of the boards of parastatals was contained in a statement issued in Ibadan, the Oyo State capital, on Tuesday by his Special Adviser on Media, Dr. Festus Adedayo
Read moreKaduna proposes N198b budget for 2014
Some of the sources of funding the budget include an opening balance of N11.7 billion, a projected internally generated revenue of N29 billion and N71.7 billion from the federation account
Read moreNSE market indices appreciate by O.6%
The market capitalisation, which opened at N12.875 trillion, appreciated by N76 billion or 0.59 per cent to close at N12.951 trillion
Read moreOmu-Aran community protests over five-month black-out
The protesters marched to the IBEDC building at City Hall, the local government secretariat and the palace of Olomu of Omu-Aran, Oba Charles Ibitoye
Read moreAl-makura presents N114.5b appropriation bill for 2014
The breakdown of the figures shows that the 2014 budget will be funded from anticipated revenues sources made up of opening balance/savings transferred from consolidated revenue funds to Capital Development...
Read morePDP urges Oshiomhole to declare Edo’s debt profile
He described the sack of 836 teachers by the state government as "tissues of lies", adding that Oshiomhole was playing politics with the figure
Read morePassage of Lagos State 2014 budget suffers setback
"Some of the MDAs are not through with their reports and the committee has written to them and they promised to come with the reports," Obasa said
Read moreFayemi signs N103b 2014 Budget
The governor had on December 10 presented to the Assembly a budget proposal of N103.882 Billion, 51.8 per cent (N52,776,226,693.19) of which is to be spent on capital projects while...
Read moreLate remittances delay FAAC meetings – Commissioner
The commissioner said that if funds were readily available on schedule, revenues would be promptly shared to enable all tiers of government carry out their responsibilities
Read moreOrji presents N149.6b appropriation bill to Abia Assembly
According to him, it focuses on the completion of ongoing projects and repositioning of Abia State economy on the path of sustainable growth
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