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FG expends N1.1tri on debt servicing in nine months

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The Federal Government has spend not less than N1.1 trillion on debt servicing in the last nine months, the Minister of Budget and National Planning, Senator UdomaUdoUdoma, has said. According to the minister, this also includes N44 billion transferred to the sinking fund to retire maturing obligations. Speaking at the KPMG …

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Kachikwu canvasses early repairs of refineries

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The Minister of State for Petroleum Resources, Dr. Emmanuel IbeKachikwu has called  for the prompt  rehabilitation of the nation’s refineries as part of measures to prevent them from being sold as scrap. Speaking on Thursday at a stakeholders’ consultative forum on the draft National Gas Policy and National Oil Policy in Abuja, the Minister …

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