NLNG blames high cooking gas prices on forex

Nigeria Liquefied Natural Gas Limited has pointed to vessel scarcity, fluctuations in foreign exchange rates, and soaring oil prices as the primary causes for the recent surge in cooking gas prices. Market survey carried out revealed that as of the beginning of the month, the price of 20 metric tons of cooking gas at the […]

N14.38trn remitted into federation account in 2 years –NEITI

The Nigeria Extractive Industries Transparency Initiative (NEITI), yesterday, revealed that N14.38 trillion was remitted into the federation account between 2020 and 2021. Within this period, N5.42 trillion was distributed to the three tiers of government. The Federal Government received N2.8 trillion, while N1.45 trillion and N1.17 trillion were received by the states and local government areas […]