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The outstanding N1.3tn debt of the Federal Government to the Nigerian National Petroleum Company Limited has nothing to do with the payment of...
ByBusinessTodayNGJuly 25, 2023BY OLUSEYI IFATUROTI—Apart from resources being made available for development in other sectors of the economy. Removal of fuel subsidy brings about an...
ByBusinessTodayNGJune 9, 2023The Federal Government has said it sometimes borrows funds to buy petrol as the country continues to incur rising fuel subsidy bills. The...
ByBusinessTodayNGJanuary 18, 2023The World Bank has committed $8.5 billion to Nigeria to fund critical issues ranging from agriculture to education. Disclosing this on Thursday in...
ByBusinessTodayNGAugust 5, 2022Operators in the oil and gas sector as well as other stakeholders are uncomfortable with the continued rise in the amount spent in...
ByBusinessTodayNGJune 9, 2022Web image The National Bureau of Statistics has disclosed that Nigeria spent N1.51tn on the imports of premium motor spirit, also known as...
ByBusinessTodayNGJune 7, 2022The Nigerian National Petroleum Corporation spent a total of N864.07bn between January and September subsidising Premium Motor Spirit, popularly known as petrol. This...
ByBusinessTodayNGNovember 4, 2021