Tag Archives: Trillion

Nigeria: At Least N11.56 Trillion Excess Crude Fund Unaccounted for in Eight Years

By Joshua Olufemi and Richard Akinwumi At least N11.55 trillion or $ 84.52 billion expected revenue into the coffers of the nation’s Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on now available data from multiple government agencies not made public until […]

Africa: ‘African Continent Needs U.S.$3.2 Trillion to Meet Energy Requirements By 2035’

By Sulaimon Salau THE African continent would require about $ 3.2 trillion cummulative investment to meet the energy demand occassioned by growing population by 2035. The Managing Director, Africa, Electrical Sector, Eaton, Shane kilfoil, who disclosed this at its inaugural West Africa Technology Day in Lagos, said about 55 per cent of Africa’s population currently […]

Nigeria: Oil Theft – Nigeria Loses N1.2 Trillion Annually – Aregbesola

Governor of the State of Osun, Rauf Aregbesola has said that the country has lost at least N1.2 trillion to oil theft in one year of the last 18 months. Aregbesola who stated this at a book launch in commemoration of 54th birthday of the Vice President of the Nigerian Labour Congress (NLC) Isa Aremu […]

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