All posts by Ifreke Inyang

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  Electricity consumers to pay N50,000 for pre-paid metres

  From April 25 electricity consumers may pay between N25,000 and N50,000 for pre-paid metres for the single phase and three phase models, respectively,  under the new Credited Advance Pay for Metering Implementation, CAPMI, scheme. The price tag...

  • Posted April 15, 2013
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  FG sets N1.4trillion target for Customs

  Federal Government has given Nigeria Customs Service, NCS, a target of N1.4 trillion revenue collection for the years 2013. Government was said to have given NSC N800 billion last year, but it imposed N1.2 trillion 2012 target...

  • Posted April 15, 2013
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  EFCC probes Enugu’s N13.6bn secretariat project

  Economic and Financial Crimes Commission (EFCC), Abuja office, has launched a full scale investigation into an alleged sleaze in the ongoing construction of new state secretariat project in Enugu State, at the cost of N13.6 billion. The...

  • Posted April 15, 2013
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  NLNG Train7: Shareholders delay $12bn investment

  The continued delay of the Train7 project of the Nigeria Liquefied Natural Gas Limited is holding back fresh Foreign Direct Investment worth $12bn that should have been flowing into the country. Our correspondent learnt that it was...

  • Posted April 14, 2013
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  FAAC shares N518.389bn amid Minister, Commissioners row

  After several days of inconclusive deliberations, the Federation Accounts and Allocation Committee (FAAC) eventually shared  N518.389billion to the three tiers of government for the month of March. The meeting had been delayed following the absence of the...

  • Posted April 14, 2013
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  FG, states share N731.13bn from federation account

  The Federation Account Allocation Committee on Friday night allocated the sum of N731.13bn among the three tiers of government for the Month of March. The March allocation represents a decline of N1.49bn over the N729.64bn shared by...

  • Posted April 14, 2013
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  Passengers lambast critics of airport remodelling

  Air passengers and airline operators have lambasted critics of airport remodelling currently be undertaken by the Aviation Minister, Princes Stella Oduah, and said the exercise has made passenger movement easy and comfortable. Some of the passengers said...

  • Posted April 14, 2013
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  Independent marketer blames NNPC for kerosene scarcity

  An authoritative source has said that kerosene was scarce in the country because the Nigerian National Petroleum Corporation (NNPC) was the sole importer of the product. The source, a notable independent marketer of petroleum products, who, however,...

  • Posted April 13, 2013
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  FG empowers 300 ex-militants with SME kits

  The Federal Government, through the Niger Delta Amnesty Programme, yesterday in Lagos, empowered about 300 ex-Niger Delta militants, who benefited from the various skill acquisition programmes of the Amnesty office. The beneficiaries were given equipments necessary for...

  • Posted April 13, 2013
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  Next phase of cashless policy slated for July

  The next phase of the cashless policy will start in July, with the Federal Capital Territory, Abia, Rivers, Anambra, Kano and Ogun states coming on board. The Chief Executive Officer, Electronic Payment Providers Association of Nigeria, Mrs....

  • Posted April 13, 2013
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