Tag:
debt
News
Tinubu May Soon Borrow from Opay, Moniepoint – Dino Melaye
Former Senator Dino Melaye has again criticised the administration of President Bola Tinubu, warning that the country’s rising debt may soon force the government...
News
Nigeria’s Debt Crisis Alarming – Speaker Abbas Warns
The Speaker of the House of Representatives, Rt. Hon. Abbas Tajudeen, has raised the alarm over Nigeria’s growing debt burden, warning that the current...
News
Tinubu Meets Power Firms, Promises to Pay ₦4 Trillion Debt
President Bola Tinubu has assured electricity generation companies (GENCOs) that his administration will resolve the ₦4 trillion debt owed them by the federal government....
Business
FG Saved Economy From Collapse – Tax Reform Committee Chair
Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, Mr. Taiwo Oyedele, has revealed that Nigeria now spends less than 50% of its...
News
IBEDC Cuts Power to Ibadan Train Station Over Debt
The Obafemi Awolowo Train Station in Ibadan has been without electricity for weeks after the Ibadan Electricity Distribution Company (IBEDC) disconnected it over unpaid...
News
FCTA Seals PDP Headquarters Over 28-Year Rent Debt
The Federal Capital Territory Administration (FCTA) has sealed off Wadata Plaza in Abuja, the national headquarters of the Peoples Democratic Party (PDP), over a...
News
NDPHC Hit by N600bn Debt, Power Delivery Stalls
The Niger Delta Power Holding Company (NDPHC) is struggling to operate effectively due to a huge N600 billion debts owed by the Nigeria Bulk...
Culture
Davido Faces U.S. Lawsuit Over Alleged Song Theft,$45,000 Debt
Popular Nigerian singer, David ‘Davido’ Adeleke, has been summoned by a U.S. court to answer charges of intellectual property theft and a failure to...