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BUSINESS

NNPCL hasn’t paid marketers subsidy for nine months — CFO

The Nigerian National Petroleum Company Limited has confirmed that the Federal Government is paying subsidies on the petrol it imports into the country. Though the NNPCL denied paying fuel subsidies to marketers in the last nine months, it said the government allows it to sell at a price below the landing cost The company’s Chief Financial Officer, Alhaji Umar Ajiya, made the clarifications on Monday in Abuja. Ajiya said the […]

todayAugust 20, 2024 19

NEWS

Concerns rise over teaching as over nine million fail UTME in seven years

The poor performance of students at the Unified Tertiary Matriculation Examination has raised concerns over system issues like unqualified teachers dotting the educational landscape,  ‘LAOLU AFOLABI writes About 9.17 million out of a total of 11.9 million candidates who sat the Unified Tertiary Matriculation Examination conducted by the Joint Admissions Matriculation Board between 2018 and 2024 scored below 200 pass mark. As the average failure rate in the seven years stands at […]

todayJune 11, 2024 9

NEWS

Discos overbilled 7.1million customers in nine months – FG

Eko Disco overbilled 371,828 customers under the estimated billing category between January and June 2023, as the months of July, August and September were not captured in the report released by NERC. It overbilled these customers to the tune of N14.13bn. Ibadan Disco made N333.68m from the overbilling of 143,465 customers underestimated billing between January and September last year, while Jos Disco overbilled 1,264,537 customers to the tune of N13.3bn. […]

todayFebruary 12, 2024 46

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