Category: Economy

NNPC plans to set up two condensate refineries

The Nigerian National Petroleum Corporation (NNPC) says it will establish two condensate refineries with a total refining capacity of 200,000 barrels per day. The spokesperson of the corporation, Mr Ndu Ughamadu, said in a statement…

Buhari signs 2018 appropriation bill into law

President Muhammadu Buhari, on Wednesday, signed the 2018 Appropriation Bill of N9.12 trillion into law, after berating the National Assembly for allegedly cutting the budget in key sectors of the economy. Buhari, who signed the law in…

FG recovers N30 billion from VAIDS

The Federal Government has approved the issuance of Declaration Certificate to taxpayers under the Voluntary Assets and Income Declaration Scheme (VAIDS) through which N30 billion has been recovered. Mr Babatunde Fowler, Chairman of the Federal…