Federal – Page 74 – City Business News

January 6, 2023 No Responses

FG Releases N13.89b Pension For 2022 Retirees

The Federal Government has released N13.89 billion for payment of Accrued Pension Rights (APRs) of 2022 retirees of Ministries, Departments and Agencies (MDA’s). National Pension Commission (PenCom), made the disclosure on Thursday in a statement on its official twitter handle. ...

January 6, 2023 No Responses

DMO: Alarm Over National Debt Unnecessary

The alarm created around the country’s projected public debt by a segment of the media was unnecessary, the Debt Management Office (DMO), said on Thursday. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by...

January 5, 2023 No Responses

Forensic Audit: Minister Tasks NDDC Board On Implementation

The Minister of Niger-Delta Affairs, Chief Umana Okon Umana, has charged members of the Governing Board of the Niger Delta Development Commission (NDDC) to be faithful in the implementation of the recommendations of the report of the Commission’s Forensic Au...

January 4, 2023 No Responses

FG Lists Support For FRSC, Inaugurates Biu As Corps Marshal

The Federal Government has recruited and trained not less than 8, 000 personnel of Federal Road Safety Corps (FRSC) as part of measures to safeguard highways in the country. The Secretary to the Government of the Federation (SGF), Boss Mustaph...

January 3, 2023 No Responses

DMO Announces 2023 First Offer

The Debt Management Office (DMO) on Monday announced the issuance of its first bonds for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for a subscription. According to a statement by the DMO, one is a two-year FGN Savings...

December 29, 2022 No Responses

Senate Passes N21.8tri 2023 Budget

The Senate on Wednesday, passed the N21.8 trillion 2023 budget.This followed the adoption of the report of the Senate Committee on Appropriation at plenary.Presenting the report, the Chairman of the Committee, Sen. Jibrin Barau said that the commitee did a...

December 22, 2022 No Responses

FEC Approves N13b Group Insurance Fee For Police

The Federal Executive Council (FEC) has approved N13.3 billion for the provision of group life assurance scheme for the Nigerian Police Force (NPF). The Minister of Police Affairs, Alhaji Maigari Dingyadi, made this known when he addressed State House co...

December 22, 2022 No Responses

Navy Decorates 30 Newly Promoted Rear Admirals

The Nigerian Navy (NN) on Wednesday in Abuja decorated 30 newly promoted Rear Admirals, urging them to rededicate themselves to safeguarding Nigeria’s maritime environment. The Chief of Naval Staff (CNS) Vice Adm. Awwal Gambo, who decorated the officer...

December 22, 2022 No Responses

NCDMB Seeks Agenda-Driven Partnership On Research Development

The Nigerian Content Development and Monitoring Board (NCDMB) has called for an agenda-driven partnership to achieve common vision on Research and Development (R&D) delivery in the oil and gas industry. The Board emphasised the need to attract sustainabl...

December 22, 2022 No Responses

Jamoh: NIIA CRITICAL TO HARNESSING NIGERIAN BLUE ECONOMY

The Director General of the Nigerian Maritime Administration and Safety Agency NIMASA, Dr Bashir Jamoh OFR says the Nigerian Institute of International Affairs, NIIA has a critical role to play for Nigeria to fully harness the potentials of the Blue...

December 21, 2022 No Responses

Nigeria, Germany Strengthen Collaborations On Climate, Energy Transition

The Federal Government of Nigeria and the government of Germany have pledged commitments to deepen bilateral ties, meet the energy transition target, tackle climate crises and strengthen collaborations across all sectors. Minister of Foreign Affairs, Geo...

December 18, 2022 No Responses

FG Empowers 415 Women, Youths

The Federal Government has empowered 415 youths and women in Niger Delta states in agriculture, information communication technology (ICT) and entrepreneurship. Minister of Niger Delta, Mr Umana Umana, made the disclosure at the graduation ceremony...

December 17, 2022 No Responses

Buhari Urges American Investors To Invest In Nigeria

Nigeria remains the best destination for American investors to put their money, President Muhammadu Buhari has said. Buhari explained that aside the population advantage in size and demography, various incentives and policies emplaced by the Nigerian Gov...

December 13, 2022 No Responses

NSML Employs 46 NSDP Beneficiaries As 235 Depart For India, Greece

The Nigerian Maritime Administration and Safety Agency NIMASA has sent forth 235 Nigerians to India and Greece as batch B of the 435 young Nigerians to be trained as Licenced Deck and Engine Officers including Naval Architects under the Nigerian Seafarers...