Monday, February 18, 2019
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FG, states, others share N1.9 trn in three months‎- NEITI

The Federation Account Allocation Committee (FAAC) disbursed N1.938 trillion in the first quarter of 2018. The amount shared represents an increase of 37.3% when compared...

FG explains delay in privatisation of 3 power plants

The Federal Government FG has attributed delay in the privatisation of the three electricity generation companies (Gencos) built by the Niger Delta Power Holding...

Gas Master Plan: FG Awards $2.8bn Ajaokuta-Kano Pipeline

The implementation of the Nigerian Gas Master Plan (NGMP) got underway at the weekend as the federal government announced the award of $2,809,522,548.36 gas...

NNPC document forces shift of FAAC meeting till today

The  Federation Account Allocation Committee (FAAC) unexpectedly  shifted its November  meeting from yesterday to today following the unavailability of  a document on revenue generated ...

After $21bn Loss, FG Moves to Amend Deep Offshore Act

Nigeria lost a whopping $21 billion to its failure to implement the premium element governing the country’s oil and gas production sharing contracts (PSCs)...

90% of gas cylinders in Nigeria are expired – FG

DESPITE its huge population of 194 million people, only five per cent of Nigerians use gas for cooking. About 60 per cent use firewood,...

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