Senate investigates Nigerian customs service for alleged N62bn under remittance

Senate investigates Nigerian customs service for alleged N62bn under remittance

The Senate Public Account Committee has initiated an investigation into the alleged under-remittance of N62 billion in revenue by the Nigerian Customs Service (NCS). The revelation came to light through the 2017 Auditor General Report, currently under review by the … Continue reading Senate investigates Nigerian customs service for alleged N62bn under remittance

FG contemplates revoking dormant oil licences in industry overhaul

FG contemplates revoking dormant oil licences in industry overhaul

The Nigerian Upstream Petroleum and Regulatory Commission have revealed plans by the Federal Government to revoke dormant oil exploration leases granted to companies that have yet to undertake exploration activities. Gbenga Komolafe, the Chief Executive Officer of the Nigerian Upstream … Continue reading FG contemplates revoking dormant oil licences in industry overhaul

Governor Sanwo-Olu appeals for funding solutions to address water shortage in Lagos

Governor Sanwo-Olu appeals for funding solutions to address water shortage in Lagos

Lagos State Governor, Babajide Sanwo-Olu, has called for sustained private and philanthropic financing to address the critical issue of inadequate water infrastructure in the state. Speaking at a side event during a United Nations climate change conference in Dubai on … Continue reading Governor Sanwo-Olu appeals for funding solutions to address water shortage in Lagos