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Gencos Cry Out Over N1tr Shortfall

The Executive Secretary, Association of Power Generation Companies (APGC), Barrister Joy Ogaji, on Monday raised the alarm over the liquidity challenges facing the electricity generation companies otherwise known as Gencos , saying that their current shortfall has exceeded N1trillion. Speaking with The Nation on phone, she noted that the N701billion …

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Buhari Writes Senate, Declines Assent To 5 Bills

PRESIDENT Muhammadu Buhari has written to the Senate just as he declining assent to the Revenue Mobilization Allocation and Fiscal Commission (Amendment) Bill, 2018 and four others that were passed by the National Assembly and forwarded to him for onward signing into law between November and December last year. President …

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Osinbajo Flags Trader Money Off In Warri, Explains Criteria

Vice President Yemi Osinbajo on Friday flagged off the federal government social investment programme, ‘the Trader Money Scheme’ for Delta state in Warri. Professor Osinbajo, who was a guest of the Olu of Warri, Ogiame Ikenwoli, in his palace, before proceeding to the Warri Main Market in Warri South council …

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EFCC Intercepts $2.8b At Enugu Airport

The Economic and Financial Crimes Commission (EFCC) on Friday intercepted the sum of $2.8million from two men at Akanu Ibiam International Airport, Enugu. The suspects, namely Ighoh Augustine and Ezekwe Emmanuel were nabbed based on Intelligence reports. According to the commission, the suspects were caught with two suitcases containing $1.4 …

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Prevent Snatching Of Ballot Boxes, Buhari Tells Police

President Muhammadu Buhari has called on the Police and other security agents to ensure that the 2019 elections do not witness snatching of ballot boxes and other crimes associated with elections. President Buhari Police uncover fake wine factory in Lagos He made the call yesterday at Wudil, Kano, while delivering …

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