Federal – Page 41 – City Business News

May 26, 2024 No Responses

Kano: NNPP Warns Against State Of Emergency

The New Nigeria People’s Party (NNPP) has warned against the declaration of a state of emergency in Kano State due to the current Emirship tussle in the state. In a statement on Saturday, a spokesman for the party, Ladipo Johnson,...

May 25, 2024 No Responses

Tinubu Inaugurates N24b Ogbia Nembe Road

President Bola Ahmed Tinubu has inaugurated the N24 billion Ogbia-Nembe Road in Bayelsa State jointly executed by the Niger Delta Development Commission, NDDC, and the Shell Petroleum Development Company, SPDC.Speaking at the commissioning ceremony, the Presid...

May 24, 2024 No Responses

FG To Increase Tax Collection Efficiency

Vice President Kashim Shettima says the Administration of President Bola Tinubu is targeting to increase the efficiency of tax collection in the country as he reassures Nigerians that there is no plan to impose more taxes on the citizens. He...

May 24, 2024 No Responses

Alleged N5.8b Fraud: EFCC Arraigns Sirika, Brother, Firms

Former Minister of Aviation, Mr. Hadi Abubakar Sirika, his brother Ahmad Abubakar Sirika and two companies Enginos Nigeria Limited and Samahah Integrated Investment Limited were, on Thursday, May 23, 2024 arraigned by the Abuja Zonal Command of the Economic an...

May 23, 2024 No Responses

FG Inaugurates NDDC’s Power Station In Ondo

President Bola Ahmed Tinubu has commissioned the multi-billion naira 132KV Transmission Line and I32KV/33KV electricity substation at Ode-Erinje in Okitipupa Local Government Area of Ondo State.Speaking at the commissioning ceremony, the President, who was rep...

May 22, 2024 No Responses

Tinubu Appoints New FRSC Corps Marshal

President Bola Ahmed Tinubu has approved the appointment of ACM Shehu Mohammed as the Corp Marshal and Chief Executive Officer of the Federal Road Safety Commission (FRSC).This was contained in a letter of appointment signed by the Secretary to the...

May 22, 2024 No Responses

CBN Raises Interest Rate To 26.25 %

The Central Bank of Nigeria (CBN) has raised the interest rate by 150 basis points from 24.75 per cent to 26. 25 per cent. Following a two-day meeting, the bank’s Monetary Policy Committee (MPC) agreed to increase the Monetary Policy...

May 22, 2024 No Responses

NDDC Boss Seeks Effective Stakeholders Collaboration

The Managing Director of the Niger Delta Development Commission, NDDC, Dr Samuel Ogbuku, has again called for effective collaboration of critical stakeholders in chanting new narratives in the Niger Delta region.Ogbuku, who stated this in his goodwill message ...

May 21, 2024 No Responses

NDDC Inaugurates Edo Electricity Sub-Station

The Niger Delta Development Commission, NDDC, has inaugurated the 1×15MVA 33/11KV electricity injection substation it built in Amufi, Ikpoba-Okha Local Government Area in Benin City, Edo State.Speaking at the commissioning ceremony, the NDDC Managing Director...

May 20, 2024 No Responses

Bonny Gas Transport Charters Eco-Friendly Newbuild Vessel

Bonny Gas Transport Limited (BGT), a subsidiary of Nigeria LNG Limited (NLNG), has chartered a newbuild vessel, AKTORAS, in a strategic move to diversify and reduce the carbon footprint of its shipping portfolio. BGT was founded in 1989 to provide...

May 20, 2024 No Responses

NIMASA CELEBRATES NIGERIAN WOMEN STAKEHOLDERS.

The Director General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Dayo Mobereola, during the 2024 commemoration of the International Day for Women in Maritime in Lagos, commended the contributions of Nigerian women to the development...

May 19, 2024 No Responses

NDDC To Commission 92 Projects Worth N84b

The Niger Delta Development Commission, NDDC, will over the next two weeks commission 92 infrastructure projects executed at a cost of N84 billion across the nine mandates states in the region. The Commission’s Director, Corporate Affairs, Pius Ughakpoteni, ...

May 18, 2024 No Responses

Minister Congratulates Newly Elected APRA Executives

The Minister of Information and National Orientation, Mohammed Idris, has felicitated the newly elected Executive Council of the African Public Relations Association (APRA), elected at the 35th APRA Annual Conference and Annual General Meeting (AGM), which was...

May 17, 2024 No Responses

FG, States, LGAs Share N1.2Trillion April Revenue

A total sum of N1.2trillion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation Accounts Allocation Committee...