Economy

Reps probe Azura-Edo power plant over ₦18bn NBET unaccounted funds

The House of Representatives Ad hoc Committee investigating Nigeria’s power sector reforms and expenditure from 2007 to 2024 has demanded clarification from the Azura-Edo...

Post-harvest losses cost Nigeria $9–10bn yearly: agribusiness CEO

Agriculture entrepreneur and Chief Executive Officer of Davidorlar Nigeria Limited, Mr Segun Alabi, has raised fresh concerns over the scale of post-harvest losses in...

NNPCL’s crude-backed debt hits ₦8.07tn

The Nigerian National Petroleum Company Limited (NNPCL) is burdened with crude-backed loan obligations estimated at ₦8.07 trillion, according to an analysis of its 2024...

FG offers 40% pay rise for lecturers

The Federal Government has reportedly proposed a 40 per cent salary increase for lecturers under the Academic Staff Union of Universities (ASUU), sources familiar...

Atiku accuses Tinubu govt of wasteful ₦17.5tn pipeline security spending

Former Vice President Atiku Abubakar has criticised the administration of President Bola Tinubu for spending ₦17.5 trillion on pipeline security and related expenditures in...

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