Tag: N500bn

Lawyer drags Nigerian president, NCAA, FAAN, AGF, others to court for giving KWAM 1 ‘special treatment’

Bode DoluLeave a Comment on Lawyer drags Nigerian president, NCAA, FAAN, AGF, others to court for giving KWAM 1 ‘special treatment’

Lawyer and public interest advocate, Ayodele Ademiluyi, has instituted a N500 billion suit against the Federal Government, the Nigerian Civil Aviation Authority, and several other parties at the Federal High Court in Lagos, accusing them of grossly violating the rule of law in the handling of two separate aviation incidents involving music icon, King Wasiu […]

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NNPCL didn’t remit N500bn revenue in 2024 ―World Bank

Bode DoluLeave a Comment on NNPCL didn’t remit N500bn revenue in 2024 ―World Bank

The World Bank has revealed that the Nigerian National Petroleum Company Limited has only been remitting 50 per cent of revenue gains from the removal of the Premium Motor Spirit subsidy to the Federation Account. This disclosure is contained in the latest World Bank Nigeria Development Update, which highlights concerns over fiscal transparency and revenue […]

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