Federal – Page 51 – City Business News

January 24, 2024 No Responses

FG, States, LGs Share N1.1trillion

The Federation Account Allocation Committee (FAAC) has shared a total of N1.1 trillion December 2023 allocation to the Federal Government, States and Local Government councils. This was contained in a communiqué issued at the end of the Federation Account Allocation...

January 24, 2024 No Responses

Expert Tasks FG On Listings, Tax Revenue

The Managing Director/Chief Executive of Arthur Steven Asset Management Limited, Mr Olatunde Amolegbe, has called on the Federal Government to encourage listings on the nation’s bourse as part of measures to boost capital market participation and tax rev...

January 20, 2024 No Responses

CBN To Hold First MPC Meeting Under Cardoso

The Central Bank of Nigeria (CBN) is to hold its first Monetary Policy Committee meeting under the tenure of Mr. Olayemi Cardoso as Governor on Monday, February 26 and Tuesday, February 27, 2024. The announcement follows a two-day strategic session...

January 19, 2024 No Responses

FG Relocates FAAN HQ To Lagos

The Federal Government (FG) has relocated the headquarters of the Federal Airports Authority of Nigeria (FAAN) from Abuja to Lagos. The relocation was officially announced by the Minister of Aviation and Aerospace Development, Festus Keyamo, in a memo dated 15...

January 19, 2024 No Responses

FAAN Explains Relocation Of Headquarters To Lagos

RE: RELOCATION OF FAAN CORPORATE HEADQUARTERS FROM ABUJA TO LAGOS The Federal Airports Authority of Nigeria notes the inquiries some Nigerians have made regarding the directive of the Minister of Aviation and Aerospace Development, Mr. Festus Keyamo, SAN, CON,...

January 18, 2024 No Responses

NSC Decries Rail Tracks Vandalism

The Nigerian Shippers’ Council (NSC) has expressed concern over the vandalism and theft of railway tracks connecting inland ports across the country. The council’s Executive Secretary, Pius Akutah, raised the concern on Tuesday while inspecting the Funtua ...

January 18, 2024 No Responses

Poisonous Plantain Chips: Lagos Alerts Residents

The Lagos State Consumer Protection Agency (LASCOPA) has raised an alert to consumers of the popular fried plantains, commonly known as “Plantain Chips.” The State Government through the agency urges the public to be vigilant and wary of any...

January 17, 2024 No Responses

Joint Tax Board Seeks Partnership With Nigeria Customs

As part of measures to enhance effective tax management in Nigeria, Secretary of the Joint Tax Board (JTB), Mr. Olusegun Adesokan, on Tuesday paid a visit to the Comptroller General of Customs, Bashir Adewale Adeniyi. The visit aimed at soliciting...

January 17, 2024 No Responses

Tin Can Customs Targets N1.130Trilion In 2024

For the year 2024 fiscal year, the Tin Can Island Command, Nigeria Customs Service (NCS) has set a revenue target of N1.130tillion. Meanwhile, the Command has announced a revenue generation of N716bn for last year as against 801bn target it...

January 16, 2024 No Responses

Ministers Harp On Use Of Scanners At Seaports

As part of efforts to ensure ports efficiency and competitiveness, the ministers of Marine and Blue Economy, Adegboyega Oyetola, Transportation, Senator Said Ahmed Alkali and CG Customs, Bashir Adeniyi met on Monday and agreed that physical inspection of cargo...

January 14, 2024 No Responses

10 Corps Members Depart For India On Youth Exchange Programme

Ten National Youth Service Corps (NYSC) members will travel to India on Sunday to participate in a Youth Exchange Programme organised by the Indian National Cadet Corps. The annual programme is held to commemorate the Independence Anniversary of the Republic.....

January 13, 2024 No Responses

Dangote Refinery Begins Production

By Moses Ebosele, ebosele@hotmail.com — Dangote Refinery, the largest single-train refinery in the world commenced production on Friday, January 12, 2024. Earlier scheduled to begin operations in June 2023, the oil refinery received its first crude ...

January 13, 2024 No Responses

AVIATION: THE CRITIC AND THE WITCH

By Michael Achimugu — There are a million flowery word combinations I could say to sound like an intelligent person. But today is not a day for semantic gymnastics. The aviation industry can be sobering but we must, here and...

January 12, 2024 No Responses

Ministers Brief Tinubu On $10b Investment Prospects In Nigeria’s Steel Sector

President Bola Tinubu, on Thursday, at the State House in Abuja, held a meeting with the Minister of Steel Development, Prince Shuaibu Abubakar Audu, and the Minister of Defence, Alhaji Mohammed Badaru, during which he received briefing on investment prospects...