BOI signs MoU with finance ministry to recover N17.5billion owed NERFUND
The Bank of Industry (BoI), has signed an agreement with the Ministry of Finance, to recover a total of N17.5billion outstanding loans owed the Nigeria Economic Reconstruction Fund (NERFUND) by its customers. The Memorandum of Understanding was signed on Wednesday, in Abuja, between the Ministry of Finance, led by its Permanent Secretary, Mahmoud Dutse, and…
Land and national development - Part 2
It is vital to note that even as we grapple with our huge housing deficit, the development of a virile mortgage sector is essential to addressing the deficit.
Reps summon PEF executive secretary over alleged irregularities in products’ distribution
The House of Representatives ad hoc committee on Review of Pump Price of Petrol yesterday summoned the Executive Secretary of Petroleum Equalization Fund (PEF), Ahmed Boboi, over alleged irregularities of claims...
Court orders former minister’s children to pay NERFUND N61m
NERFUND filed a suit against Bakrad International Limited before the court and joined Maina’s children, Umar and Rahinatu Maina as the first and second defendants respectively.
Reps probe alleged misuse of N25b import tariff
The House of Representatives has commenced investigations into alleged misappropriation of N25 billion import tariff by the Nigerian Export-Import Bank (NEXIM) Bank.
Stakeholders differ on scrapping of Bank of Industry
Stakeholders across various sectors of the economy have expressed varied opinions on the proposal by the Senate to scrap the Bank of Industry ...
Don't blame NASS over delay in budget presentation, says Lasun
Deputy Speaker of the House of Representatives, Engr. Sulaimon Yussuff Lasun yesterday insisted that the National Assembly should not be blamed over the delay by President Muhammadu ...
NERFUND, NDE partner on recovery of N17b MSMEs’ loans
The acting NERFUND CEO, during a meeting with NDE boss, Olakunle Obayan, said NERFUND has already operationalised an effective debt recovery template, complete with a Taskforce whose efforts have started yielding encouraging outcomes.
Personnel management institute to support Federal Government on job creation
Worried by the rising unemployment, the Chartered Institute of Personnel Management (CIPM) has expressed its desire to assist the Federal Government in tackling ...