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    Kapital FM 92.9 The Station that Rocks!

PPP

2 Results / Page 1 of 1
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National

House Inaugurates Committees To Address Implementation Of 5% Remittance Of PPP

The House of Representatives adhoc committee investigating the implementation and remittance of the five percent user charge on petroleum pump prices for road maintenance has inaugurated two stakeholder committees to address issues surrounding the charges' collection and disbursement. The user charge, established under the Federal Roads Maintenance Agency (FERMA) Act, stipulates that 40 percent of proceeds go to FERMA, while 60 percent is allocated to state road maintenance agencies. Chairman […]

todayJuly 9, 2025

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Economy

Tinubu Approves PPP Thresholds to Fast-Track Infrastructure Devt In Nigeria

In a bold step to accelerate infrastructure development across Nigeria, President Bola Tinubu has approved new Public-Private Partnership, PPP, thresholds for Ministries, Departments, and Agencies, MDAs, empowering them to fast-track smaller and mid-scale projects without requiring the Federal Executive Council's, FEC approval. The new policy is aimed at eliminating bureaucratic bottlenecks and catalyzing private sector investment in critical infrastructure. Speaking on the development, Director General of the ICRC, Dr. Jobson […]

todayJune 29, 2025