Independent Power Plant
NRC generates N1.4 billion IGR, remits N245 million to TSA in 2020
The Nigerian Railway Corporation (NRC) on Friday said its Internally Generated Revenue (IGR) as at Sept. 30 stood at N1.4billion as against N4.4billion projection for 2020. Mr Fidets Okhiria, Managing Director of NRC, in a statement said the sum of N245million was remitted to the TSA as at Oct.31. Okhiria said this at the 2021 Budget Defence to the Joint Committee of Land and Marine transport at the National Assembly in Abuja. He said that the Coronavirus (Covid-19) pandemic affected its operations as train services were stopped during its peak, thus affecting the IGR projection for the year. “The Joint Committee should also note that for the year 2020, the Corporation presented a separate Internally Generated Revenue & Expenditure Budget. “The sum of N1.4billion has been generated as ...
Governor Makinde gives account, lists community development projects in Oyo zone
In his bid to take the dividends of democracy to the doorsteps of the people at the grassroots, Oyo State Governor Seyi Makinde has given an account of his administration’s developmental projects in the Oyo zone in the last one year. The governor, who spoke through his Special Assistant (Community Relations), Hon. Olufemi Josiah, at a Town Hall meeting held in Atiba Local Government, Oyo, said the present administration in the state will continue to give account of its stewardship to the people at the grassroots. He said: “Government, to us, is about efficient allocation of scarce resources. The resources we are talking about belong to the people. So. we must always engage them in whatever the present administration intends to do for the grassroots.” While speaking on the purpose of the To...
