Federal – Page 80 – City Business News

August 28, 2022 No Responses

Mikano Motors, Durojaiye Relief Foundation Strengthen Road Safety Partnership

By citybusinessnews@yahoo.com — Durojaiye Relief Foundation (DRF) in Partnership with Mikano Motors, recently in Lagos State, organized a road safety campaign aimed at sensitizing motorists and pedestrians on road safety tips and culture. According to the organizers, the event, supported by...

August 27, 2022 No Responses

CBN Releases $265m To Settle Outstanding Ticket Sales

The Central Bank of Nigeria (CBN),on Friday, released the sum of 265 million dollars to airlines operating in the country to settle outstanding ticket sales. According to a statement issued by the Director, Corporate Communications Department of CBN, Mr Osita....

August 26, 2022 No Responses

Manufacturers Task CBN On FOREX Allocation

The Manufacturers Association of Nigeria (MAN) has called on the Central Bank of Nigeria (CBN) to allocate more FOREX to manufacturers to allow for the importation of raw materials and machinery. Edo/Delta branch chairman of MAN, Dr Okwara Udensi, made th...

August 25, 2022 No Responses

FEC Approves N43.6b For Road Projects In Northeast

The Federal Executive Council (FEC) has approved N43.6 billion for the construction and reconstruction of roads in Borno, Yobe, Adamawa, Gombe and Bauchi States. Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq...

August 25, 2022 No Responses

Buhari Celebrates Sultan Of Sokoto, Sa’ad Abubakar III At 66

President Muhammadu Buhari congratulated the Sultan of Sokoto, Sa’ad Abubakar 111, on his 66th birthday, Aug. 24. In a congratulatory message issued by his spokesman, Mr Femi Adesina, on Wednesday in Abuja, the president joined family members, friends and ...

August 25, 2022 No Responses

FG, States, LGCs Share N954.085b

The Federation Account Allocation Committee (FAAC), has shared N954.085 billion with the three tiers of government, as federation allocation for July. This is according to a statement signed by Mr Phil Abiamuwe-Mowete, the Director (Information/Press) on&nbs...

August 24, 2022 No Responses

Nigeria Exports $2.6b Non-Oil Products In Six Months

Nigeria exported over 4. 146 million metric tonnes of non-oil products, worth $2.593 billion from January to June 2022, the Nigerian Export Promotion Council (NEPC), disclosed on Tuesday. Presenting the first half year 2022 progress report to Journ...

August 24, 2022 No Responses

Nigeria Decries Abuse Of Expatriate Quota Policy

The Minister of Interior, Alhaji Rauf Aregbesola has decried the abuses and gross violations of Nigeria’s expatriate quota policy by foreigners and some organisations in the country. Aregbesola condemned the practice on Tuesday in Abuja at the re-inaug...

August 24, 2022 No Responses

Kaduna Customs Area Command Gets New Controller

Mr Yakubu Salihu has assumed duty as new Controller, Kaduna Area Command of the Nigeria Customs Service (NCS). Salihu replaced Abubakar Sanusi who was transferred to the NCS Headquarters, Abuja. Sanusi, the outgoing controller, on Tuesday in Kaduna...

August 24, 2022 No Responses

Buhari Endorses 10-Year Football Development Masterplan

President Muhammadu Buhari has described football as the number one sport in Nigeria and a national asset. According to the president, his administration will resist any attempt to undermine its development. Buhari stated this when he received the ...

August 24, 2022 No Responses

FRSC Declares ‘Rotational’ Number Plate Illegal

The Federal Road Safety Corps (FRSC) has ordered an immediate investigation into the case of a video circulating on social media which displayed a vehicle with rotational number plates. A statement issued by the Corps Public Education Officer, Mr Bisi Kazeem....

August 23, 2022 No Responses

FG Rolls Out Rotavirus Vaccine To Protect Millions Of Children

The Federal Government has rolled out a rotavirus vaccine to protect millions of children against the deadliest form of diarrheal disease The Executive Director, National Primary Health Care Development Agency, (NPHCDA), Dr Faisal Shuaib, ...

August 23, 2022 No Responses

Maritime University, NDA Sign Research, Manpower Development MoU

The Nigerian Maritime University (NMU) Okerenkoko in Delta, has signed a Memorandum of Understanding (MoU) with the Nigerian Defence Academy (NDA) Kaduna on research and manpower development. The MoU was signed by the Vice Chancellor of NMU, Prof. Emmanuel Adi...

August 22, 2022 No Responses

SEC Seeks Tax Exemption On Corporate Bonds

The Securities and Exchange Commission (SEC) has urged the federal government to consider its proposal to exempt corporate bonds from the payment of tax. Speaking in Lagos at an interactive session with Journalists on the outcome of the second...