Agro

NNPC Exonerated From Financial Misgivings Alleged By SERAP

NNPC Exonerated From Financial Misgivings Alleged By SERAP

By Hadiza Suleman The National Civil Society Council of Nigeria (NCSCN), Friday, said corruption allegations against the the Nigerian National Petroleum Company Limited (NNPCL) were untrue. Recall that the Socio-Economic Rights and Accountability Project (SERAP) claimed there was missing $2.04bn and N164bn in oil revenues. The executive director of NCSCN, Comrade Blessing Akinlosotu, told newsmen in Abuja that the group conducted investigations, which exonerated NNPCL. Quoting him, "Right from the days of NNPC till this era of metamorphosis to a largely private sector driven business organization, the NNPCL carries a negative public image of corruption and distrust by the Nigerian…
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FG Suspends Taxes On Staple Foods To Curtail High Cost Of Living

FG Suspends Taxes On Staple Foods To Curtail High Cost Of Living

By Jonathan Okpanachi The federal government has suspended taxes on maize, wheat, rice, and other staples to make them affordable to common Nigerians. This suspension will last for 180 days, and aimed at providing relief to Nigerians who have been struggling with high food prices, it was learnt. The development is contained in a statement by the minister of agriculture and food security, Senator Abubakar Kyari. He said the government would also implement a 150-day duty-free import window for food commodities, including maize, husked brown rice, wheat, and cowpeas. These commodities will be subjected to a Recommended Retail Price (RRP)…
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