The Federal Government has described the 650,000 barrels-per-day Dangote Petroleum Refinery as a game-changer that is capable of driving refining revolution in Africa. Minister of Information and Culture, Alhaji Lai Mohammed, who made this declaration during a media tour of the $19 billion Dangote Petroleum Refinery and Petrochemicals Plant at Ibeju-Lekki, Lagos, said the project…
The Senate on Wednesday passed an aggregate expenditure of N17,126,873,917,692 trillion naira as budget for the 2022 fiscal year. The passage followed the consideration of a report by the Appropriations Committee on the 2022 Appropriations Bill. Chairman of the Committee, Senator Barau Jibrin, said the revenue projection for the 2022 budget was predicated on the…
The Nigerian Communications Commission (NCC) has exceeded its N36 billion projected revenue from spectrum license fees for 2021, having recorded over N150 billion from this revenue source within the five months of the year. A statement released and signed by Director, Public Affairs of the commission, Dr. Ikechukwu Adinde stated that the figure represented over…