NEITI Submits $74.386bn 12-year Subsidy Expenditure Report To Reps

The Nigeria Extractive Industries Transparency Initiative (NEITI) has submitted the report of $74.386 billion spent on fuel subsidy by successive administrations since 2011 to the House of Representatives’ Committee on Public Accounts. Executive secretary/CEO of NEITI, Ogbonnaya Orji handed over the report to the chairman, House Committee on Public Accounts, Hon. Bamidele Salam during an interactive session […]

FG to launch one million CNG vehicles by 2027

The Federal Government has revealed plans to introduce one million Compressed Natural Gas powered vehicles by 2027. The announcement was made by the Special Assistant to the President on Special Duties and Domestic Affairs, Toyin Subaru, during a stakeholders’ meeting held on Sunday at the Bank of Industry headquarters in Abuja. As part of this […]

Defense, works, top Tinubu’s 2023 supplementary budget proposal

The N2.176tn 2023 supplementary budget proposal by President Bola Tinubu, submitted to the House of Representatives on Tuesday, prioritised the security of Nigerians and their property as defense got the highest allocation of N476.543bn. Given the activities of bandits and other criminal elements in the country in the past decade, this is hardly surprising. The […]