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The government chose Nigeria's top cement company, BUA Cement Plc, led by Africa's sixth richest man, Abdul Samad Rabiu, to fund the Lokoja-Benin road reconstruction under a tax credit system. The Federal Executive Council (FEC) approved the dualization of the Okpella segment of the road at a cost of N120 billion ($78.9 million), with BUA
One such glaring claim that deserves to be addressed is Mr. Wale Edun's assertion that President Buhari's handling of financial and mon
Minister of Works, David Umahi, stated that President Bola Tinubu is not opposed to the use of taxes from companies to fund road projects.
President Joseph N. Boakai has disputed claim by outgoing President George M. Weah that he left USD40Million in the state’s Consolidated Account as balance for the year ending December 31, 2023, during his State of the Nation Address here on Monday, January 29, 2024.
The ongoing debate surrounding the utilisation of Way and Means during the prior administration persists, with many attributing the economic challenges Nigeria faces today to the overdrafts acquired from the Central Bank of Nigeria (CBN) during that time.