Federal Government Archives — City Business News

August 25, 2022 No Responses

FG, States, LGCs Share N954.085b

The Federation Account Allocation Committee (FAAC), has shared N954.085 billion with the three tiers of government, as federation allocation for July. This is according to a statement signed by Mr Phil Abiamuwe-Mowete, the Director (Information/Press) on Wednesday. From the amount, the...

May 1, 2022 No Responses

Workers Day: TUC Urges FG ,ASUU To Resolve Difference

Trade Union Congress (TUC), Kaduna State Council has called on the Federal Government, as a matter of urgency, to resume negotiations with the Academic Staff Union of Universities (ASUU) over its prolonged strike. Comrade Abdullahi Danfulani, state...

January 13, 2022 No Responses

FG Releases 49 New Crop Varieties To Farmers

As part of measures to boost food production in Nigeria, the Federal Government has released 49 new high yield crop varieties to farmers through the National Varieties Release Committee (NVRC). NVRC Chairman, Chief Oladosu Awoyemi, disclosed this on Wedn...

January 5, 2022 No Responses

FG To Revive 215MW Kudenda Power Project

The Federal Government will revive a 215 Megawatts Power Project in Kaduna State, Minister of Power, Abubakar Aliyu has said. Aliyu stated this shortly after inspecting the project on Tuesday at Kudenda in Kaduna South Local Government Area of the...

January 2, 2022 No Responses

NACCIMA Harps On Effective Implementation Of 2022 Budget

Top priority should be given to the effective implementation of the 2022 budget, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said. According to Director-General, NACCIMA, Amb. Ayoola Olakanni,the effect...

December 23, 2021 No Responses

NCAA Shuts Glo Station Over N4.7b Debt

The Nigeria Civil Aviation Authority has shutdown main switch centre of Globacom Limited at Wuse 2, Abuja over non-payment of outstanding debt of N4.7 billion. The NCAA Director–General, Capt. Musa Nuhu, carried out the exercise on Wednesday, under the...

December 15, 2021 No Responses

Reps Approve FG’s $5.8b Loan Request

The House of Representatives has approved President Muhammadu Buhari’s loan request of 5.8 billion dollars.The approval followed the adoption of the report of the House Committee on Aids, Loans and Debt Management on Tuesday in Abuja.Presenting the report, R...

November 10, 2021 No Responses

FG Budgets N250b For Autogas Vehicle Conversion

As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Federal Government says it has set aside N250 billion for willing investors in autogas assembly plants in the country. The Minister of State...

November 8, 2021 No Responses

NCC Targets N632b Revenue In 2022

The Nigerian Communications Commission (NCC) is targeting revenue of N632.39 billion for the 2022 fiscal year. Executive Vice Chairman of the commission, Prof. Umar Danbatta stated this during budget defence before the National Assembly Joint ...

September 26, 2021 No Responses

FG Converts National Blood Service To Commission

The Federal Government has established the National Blood Service Commission (NBSC) to replace the National Blood Transfusion Service (NBTS) to coordinate, regulate and ensure the provision of safe, quality blood transfusion services. A statement issued ...

September 23, 2021 No Responses

FG To Promote Digital Economy

The Federal Government has said that it would facilitate the promotion of industrial digital economy, sustainable and inclusive economic development in Nigeria and Africa. Mrs Zainab Ahmed, Minister of Finance, Budget and National Planning, said this at ...

September 10, 2021 No Responses

Tincan Island Customs Command Generates N320b

The Area Controller, Tincan Island Command, Nigeria Customs Service, Comptroller Abdullahi Musa, on Thursday said that the command generated N320.96 billion from January to August, 2021. Musa made this known at a media conference in Lagos. He said that...

August 20, 2021 No Responses

VAT Collection: Wike Signs Bill Into Law

Rivers State Governor, Nyesom Wike on Thursday signed into law the bill on Value Added Tax (VAT) collection in the state. Wike signed the recently passed bill by the Rivers State House of Assembly into law at Government House, Port...

August 19, 2021 No Responses

FEC Approves N1.7b For NEITI, NDLEA, FRSC

The Federal Executive Council (FEC) has approved N1.7billion for the acquisition of permanent office for the Nigeria Extractive Industries, Transparency Initiative (NEITI) and purchase of scanners for the National Drug Law Enforcement Agency (NDLEA). Mr Femi...