Investigations by have revealed that the N2.6 trillion Lagos-Calabar Coastal road may lead to the abandonment of about N16 trillion railway projects which were incorporated in the 25-year railway roadmap unveiled during the administration of former president, Olusegun Obasanjo, and which will expire next year, 2025. The projects include the Ib...
•Peter Obi The presidential candidate of the Labour Party (LP) in the 2023 genÂeral election, Peter Obi, is worÂried that the federal government spent N10 trillion servicing unÂproductive debts. He raised concerns again at the nation’s rising debt profile, saying that N97.3 trillion is on the high side and worrisome, reports Daily Independent....
An estimated $2 trillion are lost by the global economy due to tobacco use, Labram Musah, Executive Director, Vision for Alternative Development (VALD), a Ghana based Non Governmental Organization (NGO), has disclosed. Musah gave the hint during his presentation entitled: ‘SDGs as a Vital Data Source for Tobacco Control’ at a recent virtual tr...
The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation Committee (FAAC) meeting for January 2024, a statement by the Director of Pres...
Nigeria spent N2.7 trillion to import premium motor spirit (PMS), diesel and jet fuel in the third quarter of 2023, data by the National Bureau of Statistics (NBS) has shown. Coming amidst the inability to overhaul the country’s refineries, white products have remained the largest import of the country, reports The Guardian. The total import [...