Monday, 22 January 2018

Business News

An Official said the Federal and the Akwa Ibom State governments are set to execute the Ibom Deep Seaport (IDSP) project.

 

It was gathered that the project, is one of the most promising Public- Private Partnership (PPP) infrastructure initiatives in the country because of the unique investment opportunities it will offer international seaport developers and operators.

The Technical Committee on Nigeria Yam Export Programme says it is targeting the export of about 480 tonnes of yams per month in 2018.

According to the committee, the United States has already requested for the supply of five containers monthly, which amounted to 120 tonnes of yams monthly and 1,440 tonnes of yams in a year.

The National Bureau of Statistics in a report has revealed that the federation account received a total influx of N908.9bn in Value Added Tax receipts from the Federal Inland Revenue Service between October 2016 and September 2017.