Business

Economist calls for sale of prisons, barracks, others

Renowned economist, Dr. Ayo Teriba, has called for the privatization of uneconomic federal government assets, including prisons and barracks, as a means of shoring up its financial buffers.

He said privatization was the answer to the country’s economic development considering that its bud [...]

AGF mediates in police IPPIS challenges

Accountant General of the Federation, AGF, Ahmed Idris, has wadded into the challenges involved with the enrolment of the members of the Nigeria Police Force on the Integrated Personnel Payroll Information System, IPPIS, platform, by personally overseeing the process of resolving all impending issues. [...]

FG assures retirees of prompt payment of benefits

The National Pension Commission, PenCom, has assured prospective retirees of its commitment of ensuring quick payment of their pensions and other benefits when they eventually retire.

This, the commission hopes will encourage them delve into other ventures that will task their body and minds in [...]

Food index shaky, as inflation rate slides

In spite the steady decline in inflation rate recorded in recent time in Nigeria, food index have continued to swing, resulting in unstable food prices across most markets in the country.

For instance the food index rose from 15.13percent in January this year, to as high as 17.59p [...]

Meter bypass: 11 FCT residents charged to court

Eleven persons suspected to have engaged in meter bypass and energy theft will be arraigned before a Grade 1 Area Court in Mpape, Abuja, to plead their case.

According to the Abuja Electricity Distribution Company, AEDC, the suspects including two women and nine men, will be arraigned by the Ka [...]

Govt will ensure equity in project implementation - Udoma

The Minister of Budget and National Planning, Sen. Udo Udoma, has assured Nigerians of the federal government’s commitment in ensuring equity and fairness in project implementation across the country.

Udoma stated this in Kaduna while inaugurating a soil erosion and flood control project [...]

The Minister of Finance, Mrs. Kemi Adeosun, welcoming the Chief of Accounts and Budget, Nigerian Air Force, Air Vice Marshall Clement Ogbeche, to her office on Thursday, June 14, 2018. Photo: Media Office of the Federal Ministry of Finance.

Buhari’s reforms positively impacted the economy – Udoma

The Minister of Budget and National Planning, Senator Udo Udoma, has said the Nigerian economy is on the right path, insisting that most policies initiated by the current administration are stirring the economy towards an upward trajectory.

He said this is evident in the very posi [...]