Daily Archives: November 6, 2020

Panic as fire guts Oando tank farm in Lagos

Tank fire won’t disrupt fuel supply, says MOMAN

Fire gutted a tank farm yesterday in the Oando Depot on Gaskiya Road, Ijora Badia area of Lagos State. The fire was still raging as at press time last night. The fire was seen from other areas of the state ...

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2021 budget: Minister seeks N11.18bn for industry

2021 budget: Minister seeks N11.18bn for industry

The Minister of Industry, Trade and Investment, Otunba Adeniyi Adebayo, on Thursday sought the approval of the Senate for the sum of N11.18bn for 2021. He said the ministry’s budget proposal comprised personnel cost of N3.02bn; overhead cost, N762.81m; and ...

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#EndSARS: NASS pledge budgetary support for NPA

ARSON: Why NPA Headquarters Was Possibly Attacked  - Usman

The management of the Nigerian Ports Authority has been advised to adjust their budget to reflect the damages suffered after the recent attack on it’s headquarters by hoodlums. This was the suggestion made by a delegation of the National Assembly ...

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FG not monitoring 240 revenue-generating agencies, says Senate

We’re not part of FG’s plan to sell national assets – Senate

The Senate on Thursday expressed worry over the failure of agencies to remit revenues into the purse of the Federal Government. It also challenged the Office of the Accountant General of the Federation to develop a modern software that would ...

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FG, Transcorp’s Afam plant deal to add 966MW generation

FG, Transcorp’s Afam plant deal to add 966MW generation

The Federal  Government on Thursday signed a share sale and purchase agreement with Transcorp Power Consortium  in relation to Afam Power Plc and Afam III Fast Power Ltd. The agreement, which is expected to lead to the addition of  966MW ...

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We’ll begin oil exploration in Chad Basin soon – FG

Petrol price’ll increase when oil goes up – Sylva

The Federal Government on Wednesday said it was willing to resume oil exploration in the Lake Chad Basin. The exercise was suspended by the government in July 2017 after suspected members of Boko Haram attacked a team of geological engineers ...

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