The Senate on Wednesday urged security agencies in the country to secure lives and property of commuters plying the Abuja-Lokoja and other roads across the country. The resolution of Senate followed a motion of urgent public importance brought by Senator Dino Melaye (PDP Kogi) on the repeated killings and kidnapping of commuters on the road. […]
The World Bank Group, yesterday, estimated the external debt profile of developing countries at $7.8 trillion, but Nigeria has 0.33 per cent of the value. According to data from the Debt Management Office, Nigeria’s external debt as at March 31, 2019, rose to $25.61 billion from $25.27 billion in the fourth quarter of 2018. The […]
The Federal Government has instructed its lawyers to appeal against the payment of $200 million conditional deposit for the granting of the stay of execution in the $9.6 billion award in favour of Process and Industrial Development Limited (P&ID). Minister of Information and Culture, Lai Mohammed, who disclosed this yesterday in Abuja, noted that government […]
Sixteen years after the then President Olusegun Obasanjo demolished toll gates on the nation’s expressways, the government of President Muhammadu Buhari is considering their return. But already, there is a groundswell of opposition to the plan. Indeed, some engineers yesterday advocated sector reform, rather than tolling, as a lasting solution to road maintenance in the […]