“These approvals, the council noted, were aimed at giving traction to key infrastructure facilities in the country that are presently under concessions, but have been adjudged to be performing sub-optimally.
Browsing: Prof. Yemi Osinbajo
“What we are waiting for now is the inauguration of that committee so that it can do its work and we hope that is something that will happen without further delay.”
“The fact remains, if government wants the power sector to succeed, payments have to be made. If the Gencos don’t get enough fund to pay for gas, generation of electricity will crash.”
08 August 2017, Sweetcrude, Abuja – Oil and Gas Producing Host communities in Nigeria, HOSTCOM, have said they would ensure…
“We are now asking the oil companies to relocate back to Niger Delta; we assure them of security, host community is creating an enabling environment, that is why we are bringing in foreign investors. We are bringing in foreign investors for the transformation of the Niger-Delta region.”
Mkpoikana Udoma 27 July 2017, Sweetcrude, Port Harcourt – The Ijaw Youth Council, IYC, has issued a 90-day ultimatum to multinational…
Opeoluwani Akintayo 13 July 2017, Sweetcrude, Lagos – Electricity distribution companies, also known as Discos, have expressed support for the call…
“According to Federal Inland Revenue Service (FIRS), the total number of taxpayers in Nigeria is just 12,649,654 as at April 2017. Of these, 96 per cent have their taxes deducted at source under PAYE and just four per cent comply with Direct Assessment.”
Alhaji Rabiu gave the assurance that the three major companies producing cement in Nigeria were working very hard to see that the price of cement comes down in the very near future.
“The foreign exchange requirement for importation of petroleum products is estimated at $28bn (N3.35tn) annually, with 40 per cent of the total amount (N1.34tn) dedicated to financing the logistics of importation,” Kachikwu said.