Refineries gulped N81.41bn, refined zero crude – NNPC

A total of N81.41bn was expended on Nigeria’s refineries between January and August this year but the facilities refined no drop of crude oil all through this period, latest data…

AGAIN, ENUGU REP SPONSORS AGRO AND BIO- RESOURCE TRAINING

THE Deputy Minority leader, House of Representatives, Rt. Hon. Toby Okechukwu has yet again sponsored a Bio-resource training, which he described as creating a world of possiblity for his constituents…

Nigeria moves into second recession in five years

Nigeria, Africa’s biggest economy, has entered its second recession in five years as official figures published on Saturday show that the economy shrank again in the third quarter of this…

Lawmakers kick, dismiss representatives as DPR boss shuns summonS

The House of Representatives Committee on Public Accounts, on Thursday, dismissed a delegation from the Department of Petroleum Resources from the venue of an investigative hearing on alleged financial irregularities…

FG acquiring 720,000ha in states for agric –Minister

The Federal Government is currently acquiring more than 720,000 hectares of land from various states for agricultural use, the Minister of Agriculture and Rural Development, Sabo Nanono, said on Thursday.…

Nigeria spends $500m annually importing palm oil, says FG

Officials from the Federal Ministry of Agriculture and Rural Development, states, agencies and non-governmental organisations on Thursday said Nigeria was spending about $500m annually on oil palm imports. At the…

Civil servant forfeits uncompleted building to govt

A civil servant, Sulaiman Bazza, is to forfeit his building to the Federal Government for corruptly acquiring it. A judge of the Federal High Court, Damaturu, Justice Hammada Dashen, on…

Naira keeps going down as dollar sells for 478

The naira extended its decline on Wednesday at the parallel market as the United States dollar was sold for N478. The local currency, which traded at N475 per dollar on…

No regret proscribing IPOB in Rivers – Wike

RIVERS State Governor. Nyesom Wike, has said he has no regret proscribing the outlawed Indigenous Peoples of Biafra (IPOB) in Rivers State, saying he believes in the unity of Nigeria.…