Federal Archives — Page 118 of 138

October 28, 2016 No Responses

2016 Budget: FG releases N2.5trillion

Still shopping for a sustainable healing barm for the nation’s troubled economy, the Federal Government has so far released N2.5 trillion from the N6.06 trillion 2016 budget, Minister of Budget and National Planing Udoma Udo Udoma has said. Also answering questions...

October 28, 2016 No Responses

‘Port Harcourt Seaports critical to Nigeria’s economic development’

The President of Port Harcourt Chamber of Commerce (PHCCIMA)Dr. Emi Membere-Otaji has appealed to the Federal Government and all relevant stakeholders to give adequate attention to re- inventing Port Harcourt seaports as part of measures to sustain economic gr...

October 28, 2016 No Responses

FG to leverage on ICT for public communication

The Federal Government says it will leverage on the power of Information and Communication Technology to constantly engage Nigerians on the policies and programmes of the present administration. The Permanent Secretary, Federal Ministry of Information a...

October 28, 2016 No Responses

Corruption in NNPC exaggerated, says Minister

(NAN) The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Thursday said corruption in the oil and gas industry was overblown. Kachikwu who spoke with Journalists after the launch of the new roadmap tagged “The 7 Big Wins”,...

October 28, 2016 No Responses

TOTAL Nigeria gets best customer service award

For the third time, Total Nigeria Plc has bagged the Nigerian Customer Service Awards as the Best Customer Service Company in the Nigerian Oil &Gas sector. The company had won the award in year 2014 and 2015. According to a...

October 28, 2016 No Responses

NSE Photo News

L-R shows Mr Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange NSE; Rt. Hon. Zakawanu Garuba, Executive Commissioner, Securities and Exchange Commission (SEC ); Senator Ganiyu Olanrewaju Solomon, former Chairman, Senate Committee on...

October 27, 2016 No Responses

NLNG to raise $15b, targets 18,000 jobs

The Nigeria Liquefied Natural Gas Limited (NLNG) is to raise $15 billion from the International Capital Market to fund its Train 7 project. Briefing members of the Senate Committee on Gas led by Senator Bassey Albert Akpan, Managing Director...

October 26, 2016 No Responses

Minister laments ‘high-level’ corruption in Customs

Efforts by the Federal Government to realize money from revenue generating agencies such as Nigeria Customs Service (NCS) is being hampered by alleged high-level corruption, the Minister of Finance, Kemi Adeosun has said. Addressing members of the Senate Com...

October 26, 2016 No Responses

FG Seeks NASS approval to borrow $29.9b

The Federal Government has forwarded a letter to the National Assembly seeking approval to borrow externally $29.9 billion as part of measures to ensure the prompt implementation of projects. In a letter addressed to the Speaker of the House of...

October 26, 2016 No Responses

Don’t contemplate another fuel price hike, TUC tells FG

The Trade Union Congress (TUC) of Nigeria has advised the Federal Government not to contemplate any increase in the price of petroleum products. The union in a statement on Tuesday described the statement credited to the Group General Manager,...

October 26, 2016 No Responses

‘No plan to increase petrol price’

The Nigerian National Petroleum Corporation (NNPC) has denied reported plan to increase the price of fuel. In a statement issued by the Group General Manager, Group Public Affairs Division, NNPC, Mr. Garba-Deen Muhammad, the corporation said, “Reference o...

October 26, 2016 No Responses

NSE admits The Initiatives on ASEM board

Efforts by The Nigerian Stock Exchange (NSE) to encourage indigenous firms to list their shares on its market has been bolstered with the listing of 889,981,552 ordinary shares of The Initiatives Plc ( TIP) at 50 kobo each. Priced at...

October 26, 2016 No Responses

Information portal for Nigerians underway

The Federal Government will soon launch an Information Portal to keep Nigerians at home and in the diaspora abreast of government’s programmes and policies and also get their feedback. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed...

October 25, 2016 No Responses

NPA to restructure Ikorodu Lighter Terminal for Agric Export

The Nigerian Ports Authority (NPA) is to restructure Ikorodu Lighter Terminal as part of measures to ensure its effective utilization. Inspecting operations at the Terminal, NPA’s Board chairman, Emmanuel Adesoye, described the facility as a “Gold ...