Tag Archives: Petroleum

The ERGP: A new sing-song for Nigeria’s economic recovery

By Nduka Uzuakpundu As Nigeria’s economy eases, with guarded optimism, out of a deep recession, the development has tended to renew investors’ hope in the country. The crawl away from a two-year-long recession, up to 2017, was hit with a nation-wide petrol scarcity for nearly two months up to December, 2017. As some tidiness returns to the economy, hope, among ...

Read More »

FAAC: Federation revenue declines by N25.3bn in October

The Federal, States and Local Governments, in the month of October, shared N532.7 billion, which showed a decline of N25.3 billion when compared to what they shared in September. The Permanent Secretary of the Ministry of Finance, Mahmoud Isa-Dutse, said this  in Abuja while briefing journalist on the outcome of the monthly Federal Account Allocation Committee (FAAC). Isa-Dutse attributed the ...

Read More »