Mr Yuguda’s confirmation followed presentation and adoption of the report of the Senate committee on banking, insurance and other financial institutions.
Mr Dare said the initiative became necessary following repeated vandalism of facilities installed on the highway.
The Senate passed a resolution calling for adequate funding for FERMA.
Mr Dangote said, “This transaction represents a strategic step to deepen and further institutionalise the enterprise’s shareholder base.”
Mr Dambazau said bilateral trade between Nigeria and China currently stood at about $28 billion.
Since the conflict erupted between the U.S. and Iran in February, the cost of global crude has jumped by almost 33 per cent.
Despite the overall decline, market breadth remained positive, with 37 gainers against 28 losers.
Mrs Oduwole saidthat the ministry was implementing policies to strengthen manufacturing and agro-processing, among others.
The Central Bank of Nigeria revoked the banks’ licences for failing to meet regulatory requirements for continued operations.
The committee retained the monetary policy rate (MPR) at 26.5 per cent at the end of its 306th meeting on Tuesday.
