NEC
Nigeria moves for national disaster insurance policy
*Economic council works on implementation *African Re on board to create disaster policy Cynthia Ezekwe In a groundbreaking move to…
FIRS records historic N5.5trn tax revenue in six months
By Onome Amuge. The Federal Inland Revenue Service (FIRS) says it generated a total tax revenue of N5.5 trillion in…
NEC suspends fuel subsidy removal
By Business A.M. The National Economic Council (NEC) has suspended the anticipated removal of subsidy on petroleum products in Nigeria…
NEC: 22m barrels of oil stolen in first half of 2019
The National Economic Council (NEC) Thursday put the amount of crude oil stolen from Nigeria in the first six months…
Nigeria’s economic council doubts state oil firm, monitors petrol lifting
The doubt over the quantity of daily petrol consumption in Nigeria has prompted a decision to effect the closure of…
Nigeria’s excess crude account stands at $1.8bn in April, official discloses
Ahmed Idris, Nigeria's accountant-general has disclosed Thursday that the balance in country's Excess Crude Account (ECA) as at April 23…
Nigeria’s NNPC, other NOCs urged to transform into energy companies to avoid economic trap of lower oil prices
African countries that have for decades depended on their national oil companies as a key source of revenue will need…
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