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Tinubu seeks Senate confirmation of NPC nominees

President Tinubu has requested the Senate’s confirmation of 19 nominees as commissioners of the National Population Commission (NPC). Ahead of the planned conduct of a national census, President Bola Tinubu has requested the Senate to approve his nominees for appointment into the National Population Commission (NPC). The President’s request was contained in a letter read by the President of the Senate, Godswill Akpabio on Tuesday during plenary. The list contains prospective commissioners to represent states...

Edun: Oil production data can no longer be shrouded in secrecy

The dire fiscal state of the country does not allow for vital production and sales data of crude oil to remain shrouded in secrecy, says Minister Edun The Ministry of Finance had called for a transparent resource management system that allows it to track the production and sales of the country’s petroleum resources.  The ministry also emphasised the need to monitor the conversation of petroleum revenue from dollars  to naira.  The minister of finance, Mr....

Umahi to peg contract variation at 5%

Senator David Umahi promises to include a provision for a 15-year shelf-life insurance guarantee for projects and a maximum of 5% Variation of Price (VoP) Clause in the contracts. The minister of works, Senator David Umahi, has announced plans to include a provision for a 15-year shelf-life insurance guarantee for projects and a maximum of 5% Variation of Price (VoP) clause in contracts awarded by his ministry. Umahi said this during the 2024 budget defence...

FG says naira redesign bankrupted farmers

In a rather ironic twist, the federal government which introduced the naira redesign policy now admits its deleterious consequences   The Federal Government has bemoaned the rate at which farmers are going bankrupt in the country due to the naira redesign policy pushed through by the Central Bank of Nigeria (CBN) from December 15, 2022 to early February this year when the Supreme Court ruled against it. This was as lawmakers in the national ssembly...

How Nigeria lost N1.8 trillion in revenue this year — Customs boss

With N1.8 trillion lost this year alone, the Customs Service advocates for the scrapping of the exemption scheme as it denies Nigeria huge sums of revenue at a time when the country is falling short in resource mobilisation The Nigeria Customs Service (NCS) says it lost N1.8 trillion to the Import Duty Exemption Certificate (IDEC), an incentive which allows for specific goods to be imported into the country without paying import duties. According to the...

Kaduna bombing: Senate donate December salaries to victims

The senators were on a condolence visit to the governor of Kaduna State, Sen. Uba Sani, where they pledged a full-fledged investigation into the costly military misadventure The members of the 10th Senate have announced the donation of N109 million being their December salaries, to the victims of the bombing mishap that took place in Kaduna last Sunday. This is as they promised not to leave any stone unturned in unravelling the circumstances that led...

NCC pledges support for Meta on undersea cable initiative

The NCC says all investors, whether local or foreign, will continue to receive support to help develop the digital economy of the country The Nigerian Communications Commission (NCC) has pledged to support initiatives that promote the growth and development of the digital economy. Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the NCC, Dr. Aminu Maida, said this when he received a delegation of Meta, led by the company’s Vice President for Africa, the...

NCoS outlines plans to rehabilitate old prisons, staff quarters

The NCoS says it plans to rehabilitate dilapidated facilities for inmates and staff of the service if it gets sufficient budgetary allocation in 2024 The Nigeria Correction Services (NCos) says it plans to rehabilitate dilapidated correctional centres staff quarters and build new ones to reduce the prevalence of overcrowded prisons across the country. The NCos Comptroller General, Haliru Nababa, pleaded for an increased allocation in the 2024 budget to ensure that the service can achieve...

NCC boss advocates healthy competition in telecoms

The telecoms regulator says healthy competition is vital for the growth of the industry but noted that it will continue to engage all players  The Executive Vice Chairman (EVC) of the Nigeria Communications Commission, Dr. Aminu Maida, has advocated for healthy competition to promote the growth of the telecommunication sector in Nigeria. Maida said this during the week when he received the management of Airtel Networks Limited in Abuja. According to a statement by Reuben Muoka, director of...

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