Day: July 9, 2020

NNPC: Remittances to Nigeria’s Coffers hit N1.7trn In One Year

Efe Wellington

  The Nigerian National Petroleum Corporation (NNPC) paid a whooping N1.7 trillion to the country’s Federation Account Allocation Committee (FAAC), between February 2019 and February 2020. The national oil company, which said this in its Monthly Financial and Operational Report (MFOR) for April, 2020 obtained by Platforms Africa, revealed that it recorded a total export of $370.69 million in February, a decrease of 14.75 per cent compared to the previous month. It added in a statement by its spokesperson, Dr. Kennie Obateru, that crude oil export sales contributed $281.14 million…

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Why Nigerian Schools May Remain Shut till 2021 – Minister

Tim Bauer

  Africa’s Most Populous Country Makes U-Turn on participation in 2020 West Africa Exams as COVID-19 Cases Exceed 30,000 mark Nigeria, Africa’s most populous nation, has given a hint on possibilities of keeping doors of its schools under lock and key till 2021. Kenya, a leading economy in East Africa, has earlier come out clear on this: No Schools’ resumption until next year. Nigeria’s Minister of Education, Adamu Adamu, who conveyed opinion of the government while briefing State House Correspondents after the weekly Federal Executive Council (FEC) meeting held at…

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