681 articles published since 06 Dec 2024
FG, through the Bureau for Public Procurements (BPP) has revised procurement thresholds for MDAs to boost efficiency, reduce delays, and enhance transparency.
The government also warned that people sleeping in construction sites would not be tolerated as the LASBCA will be on inspection patrols to ensure compliance.
The committee chairman urged the Central Bank of Nigeria to avoid further interest rate hikes, citing the adverse effects on SMEs, agriculture, and employment.
The agency fees are capped at 10% under the Lagos state Tenancy laws and the government has urged tenants who were overcharged to report through the channels.
The National Identification Number (NIN) will serve as a unique identifier for Nigerians to access government-driven initiatives without identity frauds.
The National Insurance Commission (NAICOM) has announced compulsory insurance for public buildings and construction sites in Nigeria, and enforcement has started.
The Nigerian Civil Aviation Authority (NCAA) has explained why Nigeria’s airline ticket prices are deregulated and outlined the factors driving the rise in airfares.
The arilines insist on only collecting payments in dollars, and with the CBN $10,000 daily transaction limit, the travel agents end up defaulting on the payments.
If Kenya Airways fail to pay the N3 million fine, make refunds and compensation to the passengers within 7 days, stiffer penalties lie ahead; the NCAA has warned.
Ruth Okwumbu
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