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Sat, May

Lagos To Launch Intra-City Lines By 2020

As part of efforts to reduce the traffic situation in Lagos, the State governor, Babajide Sanwo-Olu has disclosed that the State government is planning to launch the first of several planned intra-city lines by the end of 2020.

Clarifications on Conditional Cash Transfer Initiative - Uwais

Mrs Maryam Uwais, Special Adviser to the President on Social Investments (SIP), disclosed that 620,947 poor and vulnerable Nigerians are benefiting from the Conditional Cash Transfer (CCT) initiative.

A Federal High Court sitting in Abuja has ordered the postponement of Nigeria National Petroleum Corporation (NNPC) ongoing job recruitment pending the determination of a suit filed by a public interest lawyer, Mr Pelumi Olajengbesi. At the hearing on October 18, 2019, the applicant prayed the court to ensure that justice was served on the unemployed Nigerians who needed to know their stand in the matter.

NDDC Operations: Buhari Demands Forensic Audit From 2001

There has been a concern from some quarters challenging the operations of the Niger Delta Development Commission (NDDC), therefore President Buhari has directed that a wholesome forensic audit be carried out from year 2001 to date.

IMF Lowers Global Growth Forecast For 2019

The International Monetary Fund (IMF) has lowered its global growth forecast for 2019 to 3 per cent in the newly-released World Economic Outlook (WEO) report, down 0.2 percentage point from its estimation in July, reported.

Power Sector: FG Set To Spend Another N915 Billion In Year 2020

The power sector in Nigeria has remained a mystery that has continued to gulp trillions of Naira yet with less impact on the actual power, so far the federal government claimed it has already spent N1.5 trillion for the power sector in the last two years and is planning to spend another N915 billion next year.

Nigeria's Debt Hit N25.7tn In June - DMO

The Debt Management Office, DMO, on Wednesday said as at June 30, Nigeria owes N25.7 trillion in debt both domestically and externally. The disclosure was contained in its ‘Total Public Debt Portfolio’ obtained from its website.

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