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The Nigeria Extractive Industries Transparency Initiative has disclosed that as of August 2024, operators in the oil and gas sector are collectively indebted to the Federal Government, with outstanding liabilities totalling $6.1bn. It noted that the outstanding liabilities were made up of outstanding royalties, taxes, rents, and other collectible revenues due to be collected into
The immediate former Minister of State for Housing and Urban Development, Abdullahi Gwarzo, has revealed that his dismissal by President Bola Tinubu was politically motivated rather than due to any shortcomings in his ministerial performance. The former minister added that the President should have chosen the 2023 All Progressives Congress governorship candidate in Kano State,
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The immediate former Minister of State for Housing and Urban Development, Abdullahi Gwarzo, has revealed that his dismissal by President Bola Tinubu was politically motivated rather than due to any shortcomings in his ministerial performance. The former minister added that the President should have chosen the 2023 All Progressives Congress governorship candidate in Kano State,
The founder of Eko Drive, Ademide Osunsina, has stated that the automotive sector is crucial to Nigeria’s economic growth and development. In a statement issued to PUNCH Online on Wednesday during Eko Drive’s third car exhibition in Lagos, Osunsina acknowledged that despite the sector currently facing significant challenges, the automotive industry plays a key role
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The founder of Eko Drive, Ademide Osunsina, has stated that the automotive sector is crucial to Nigeria’s economic growth and development. In a statement issued to PUNCH Online on Wednesday during Eko Drive’s third car exhibition in Lagos, Osunsina acknowledged that despite the sector currently facing significant challenges, the automotive industry plays a key role
Commercial sex workers in Lagos have revealed that they maintain their rates due to the economic hardship in the country, citing the need to consider their customers’ financial constraints. The sex workers told Saturday PUNCH that the current state of the economy has severely impacted socio-economic activities, leading to a decline in the number of
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Commercial sex workers in Lagos have revealed that they maintain their rates due to the economic hardship in the country, citing the need to consider their customers’ financial constraints. The sex workers told Saturday PUNCH that the current state of the economy has severely impacted socio-economic activities, leading to a decline in the number of
