NNPC discovers oil in Nasarawa, starts mining in March
The Nigerian National Petroleum Company Limited on Friday announced the discovery of oil in Nasarawa State and said it was set to drill the first...
Economy
Rivers maintains top spot in fiscal performance rating
Rivers State has ranked first in overall fiscal performance of states in Nigeria. It ranked first in 2020 and 2021 among the 36 states. This...
Gas leak from NPDC facility causes panic in Rivers community
By: Felix Ikpotor There is panic in Sangama community in Bonny local council of Rivers State as people are now deserting the area following gas...
Insecurity reason for under-utilisation of Eastern Port-NPA MD
The management of Nigerian Ports Authority (NPA) has cited insecurity on the waterways as reason for the under-utilisation of the four Ports in the Eastern...
13% derivation: Rivers, seven other oil-producing states received N144bn in Q1 2022
Eight oil-producing states in Nigeria received N144.31 billion from the federation account in the first quarter of 2022. The amount is a statutory allocation of...
Rivers customs rakes-in N115bn in six months
The Nigeria Customs Service, Port-Harcourt Area ll Command, Onne, has disclosed that it collected a total of N115.264bn from January to June, 2022. The Public...
Tax: FIRS empowered to collect revenue, Buhari insists
President Muhammadu Buhari has broken his silence on tax administration in Nigeria, saying the 2021 Finance Act empowers the Federal Inland Revenue Service, FIRS, as...
Shell wants to defraud us, indigenous company tells Reps
… As lower chamber mandates committee to probe allegation The House of Representatives, Tuesday, mandated its Committee on Public Petition to investigate allegation of corporate...
Power: FG to revisit $1bn solar investment
Federal Government is planning to revisit its proposed $1billion investment in solar power. The proposed project, which is expected to generate 10,000MW, has been stalled...
FG laments loss of oil through theft, pipeline vandalism
The Federal Government has lamented the loss of oil revenue occasioned by theft and pipeline vandalism in the country. It has also warned that it...