Federal Archives — Page 74 of 138

January 23, 2018 No Responses

Mining: FG engages Revenue Consultants

The Federal Government has engaged the services of about 100 revenue consultants to work on areas of leakages in the revenue accrued from the mining sector, with a view to shoring up earnings from the sector. The consultants, who would...

January 17, 2018 No Responses

FG pays N11b to you win awardees

The Federal Government has disbursed the total sum of N10, 995, 391, 260 billion to the beneficiaries of the third edition of the YouWiN! programme from 2015 to date, out of which N8, 396, 905,038 billion was disbursed by the...

January 10, 2018 No Responses

World Bank: Nigeria’s economy to grow by 2.5% in 2018

The World Bank forecasts that economic growth in Nigeria would edge up to at least 2.5 per cent in 2018, as the country benefits from improved commodity prices, investments and trade. According to the World Bank’s January 2018 Global Economic...

January 5, 2018 No Responses

Nigerians import 399,556 vehicles in 2017, generates N137b duty

By Moses Ebosele, ebosele@hotmail.com – Between Janaury and December 2017, Nigerians paid N137billion duty on 399,556 imported used and news vehicles. Speaking at an interactive session with print, television and online editors in Lagos ...

January 5, 2018 No Responses

Baru: FG lost 148,533 million litres of PMS to diversion

The Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Maikanti Baru, on Thursday disclosed that the nation lost about 148,533000 million litres of fuel to diversion during the December fuel crisis in Nigeria. Speaking at an investiga...

January 3, 2018 No Responses

APM Terminals waives charges on container for IDPs

APM Terminals Apapa Limited has waived handling and storage charges running into several millions of naira on a container load of fish which was donated by the Federal Government to Internally Displaced Persons (IDPs) in Yobe State. The Federal...

December 28, 2017 No Responses

Sources fault Kachikwu’s alleged memo, clears Kyari

The alleged circulation of non-existent July 2017 memo, predicting the likely shortage of PMS by the Minister of State for Petroleum Resources, Dr. Ibe Kackiwu has been described as a grand design to discredit and embarrass President Muhammadu Buhari and hi...

December 25, 2017 No Responses

Priest, community leader condemn hike in product prices, services

A Catholic Priest, Rev. Fr. Gabriel Fatoye, has criticised some retailers and service providers for deliberating increasing prices of products and services during the Christmas season. Fatoye, an Associate Parish Priest of the Sacred Heart Catholic Church, O...

December 24, 2017 No Responses

SGF: FG not contemplating hike in petrol pump price

The Secretary to the Government of the Federation (SGF), Boss Mustapha has assured Nigerians that the Federal Government is not contemplating any form of hike in the pump price of petroleum products. Mustapha disclosed this on Saturday at the handing...

December 23, 2017 No Responses

Petrol pump price hits N250 per litre as DPR forces NNPC mega station to dispense product

The supply and price of Petrol in Anambra have worsened as customers now pay between N250 and N300 per litre in the state. Most filling stations in Awka and its environs had the product but refused to dispense. However, the...

December 20, 2017 No Responses

NNPC releases 470 trucks of petrol to Lagos, Abuja

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it released 300 trucks of petrol to Lagos and 170 to Abuja, to stem long queues at filling stations. NNPC Spokesman, Ndu Ughamadu, announced the release in a statement in Abuja....

December 13, 2017 No Responses

CBN injects $210m into currency market

The Central Bank of Nigeria (CBN) said on Tuesday it had injected 210 million dollars into the interbank foreign exchange market, extending efforts to boost liquidity and alleviate dollar shortages. In a statement, the bank said it had released 100...

December 8, 2017 No Responses

NLNG to supply 350ktpa of DLPG through dedicated vessel

Nigeria LNG (NLNG) has reiterated its commitment to continue to support growth of the LPG industry by dedicating 350,000 metric tonnes per annum of cooking gas otherwise known as Domestic LPG (DLPG) to the country, to ensure reliable and affordable...

December 4, 2017 No Responses

FG appoints Abdul Zubair acting DG of SEC

The Federal Government has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. ...