Manufacturers Visit Buhari, Lament Challenges, Get FOREX Pledge

President Muhammadu Buhari has assured the Manufacturers Association of Nigeria (MAN) that his regime will do everything within its power to improve access to foreign exchange for importation of raw materials and equipment that are not available locally. Buhari said this on Wednesday during an advocacy visit of the leadership of MAN to the State…

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Reps pass 2022 Budget of N17.126trn, peg oil benchmark at $62

The House of Representatives on Tuesday passed the 2022 budget of N17.126 trillion against the N16.391 trillion presented by President Muhammadu Buhari. This followed a unanimous adoption of a report laid on the floor of the House during plenary in Abuja by the Chairman, Appropriation Committee, Rep Murktar Betera The News Agency of Nigeria (NAN)…

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Group urges Buhari to inaugurate board of NNPC Ltd

ACivil Society Organization, Partners for Petroleum and Energy Sector Prosperity Initiative (P-PESPI), has appealed to President Muhammadu Buhari to inaugurate the board of the Nigerian National Petroleum Company (NNPC) Limited, to inspire investors’ confidence in the country’s petroleum sector. The group made the call in a statement on Tuesday, in Abuja by its Chairman, Mr…

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NNPC Records ₦141.96bn Trading Surplus

The Nigerian National Petroleum Company (NNPC) Limited has announced a trading surplus of ₦141.96 billion recorded in June 2021, compared to a deficit of ₦37.46 billion in May 2021. A statement by Garba Muhammad, Group General Manager, Group Public Affairs Division, NNPC, on Sunday stated that this was contained in the June 2021 figures of…

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