Rail Oil

Fuel Subsidy Gulps N2 Trillion In One Year

August 2, 2021
With N8 billion daily expenditure, the Nigerian government’s yearly spend on petrol subsidy amounts to N2 trillion. According to top oil marketers, it impacts negatively on the economy and therefore raised concern on the need to deregulate the system to encourage investment
President of the African Development Bank AfDB Akinwunmi Adesina

AfDB To Provide $150m For Women In Agriculture

August 2, 2021
President of the African Development Bank (AfDB) Akinwunmi Adesina The African Development Bank (AfDB) has disclosed its plan to provide $150m to finance women in the agricultural sector in a move to close the gap in financing for women in Africa by
Udom Emmanuel

Akwa Ibom Orders One million Doses Of Covid-19 Vaccine

August 2, 2021
The Akwa Ibom State Government has ordered one million doses of COVID-19 vaccines for the state, the governor, Udom Emmanuel, has said. He implored citizens to pay less attention to rumours and go for vaccination against COVID-19 and also adhere to safety
NNPC refinery

NNPC Rakes In N2.129trn From Product Sales In One Year

August 2, 2021
NNPC THE Nigerian National Petroleum corporation (NNPC) has made total revenue of N2.129 trillion from the sales of petroleum products between March 2020 and March 2021. The Federal Government owned oil company disclosed this in its Monthly Financial and Operation Reports (MFOR),

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