According to reports, the Nigeria Extractive Industries Transparency Initiative (NEITI) has said Nigeria earned over N70 trillion from oil between 1999 and 2014 without saving.
It therefore urged the Federal Government to immediately develop a saving plan to prevent the culture of wastefulness, which it noted was responsible for the abuse of funds in the past.
Making the disclosure yesterday, NEITI’s Executive Secretary, Mr. Waziri Adio, told the Senate Committee on Federal Character and Inter-Governmental Affairs during an oversight visit to his […]
According to reports, the Federal Government, yesterday, said the country was saving $4.5 million daily, (about N1.395 billion) from the deregulation of petroleum products.
This came as indications emerged yesterday that more tank farms were running out of petroleum products in Apapa area of Lagos as a result of the lingering problem of foreign exchange scarcity.
Minister of State for Budget and National Planning, Mrs. Zainab Ahmed, disclosed news of the saving during the Second Presidential Economic Communications Workshop, organized by Office […]
Obasanjo, who spoke at the 2016 World Pension Summit in Abuja, lamented that many of the former state executives frustrated his genuine attempt to save a substantial portion of the country’s resources when there was excess oil revenue.
Obasanjo said at the event attended by global pension players and top government officials, “I remember when I was in government and I told, particularly, the governors, ‘please let us save for the rainy days.’
They said no!. “There was no rain at that […]
Heartbreaking! Man Taking First Ever Flight in Aircraft Dies Saving Girlfriend’s Life as Plane Crashes (Photo)
A man who was afraid of flying has sadly sacrificed his life after saving his girlfriend during a plane crash.
Man pushes girlfriend out of crashing plane to save her life
According to reports, a man who is now hailed as a hero surprised many by giving his life for the girlfriend. Reginald Hillard Jr died saving his girlfriend’s life by pushing her out of the window of a crashing plane, and has been hailed a hero by his family.
The trip which […]