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Tag: Debts

FG cuts power sector liabilities as NELMCO settles N2.16trn debts
Energy

FG cuts power sector liabilities as NELMCO settles N2.16trn debts

Isaac Samuel The Federal Government has significantly reduced liabilities in the power sector following the Nigerian Electricity Liability Management Company’s (NELMCO) clearance of over N2.16 trillion out of the debts…

Reps query customs, FAAN on revenue shortfalls, auctions, debts
From the National Assembly

Reps query customs, FAAN on revenue shortfalls, auctions, debts

Isaac Samuel The House of Representatives Committee on Finance Tuesday intensified oversight of key revenue-generating agencies, scrutinising the Nigeria Customs Service (NCS) and the Federal Airports Authority of Nigeria (FAAN)…

Edun, Abbas clash as Nigeria’s debts hit N149.39trn
Business and Economy

Edun, Abbas clash as Nigeria’s debts hit N149.39trn

Isaac Samuel The Minister of Finance Wale Edun and Speaker of the House of Representatives, Abbas Tajudeen, on Monday, clashed over the true state of Nigeria’s debt profile. While Abbas…

IMF Warns Countries to Guard Against Rising Public Debts
Business and Economy

IMF Warns Countries to Guard Against Rising Public Debts

The IMF has sounded a warning to all countries over the surging public debts. This warning was issued on Wednesday by the Director, IMF Fiscal Affairs Department, Mr. Victor Gaspar.…

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