Federal – Page 96 – City Business News

July 26, 2018 No Responses

Nigeria, Benin Republic To Set Up Joint Committee On Smuggling

President Muhammadu Buhari hosted President Patrice Talon of the Republic of Benin at State House, Abuja, Wednesday, during which the two leaders agreed on the imperativeness of a joint committee to combat smuggling. Also to be consulted in the workings...

July 19, 2018 No Responses

Reactions Trail Proposed New National Carrier

Mixed reactions on Wednesday trailed the unveiling of the name and logo of the proposed new national carrier by the Minister of State for Aviation, Sen. Hadi Sirika. Sirika had unveiled the name of the new carrier as “Nigeria Air’’...

July 18, 2018 No Responses

Nigeria Explains N228.9b For 2019 Polls

President Muhammadu Buhari has forwarded a letter to the National Assembly seeking N228,854,008,215 from the N9.12 trillion 2018 budget to fund the 2019 general election and other critical projects. According to Buhari, the N228.9 billion from N578,319, 9...

July 12, 2018 No Responses

Labour Demands Compensation For Civil Servants Over Aborted Promotion Exercise

Worried by the cancellation of Promotion Interview organised by the Federal Civil Service Commission (FCSC) for members of the Union in the Directorate Cadre in Abuja, organised Labour under the auspices of Association of Senior Civil Servants of Nigeria (ASCS...

July 6, 2018 No Responses

“NNPC Pays $1b Out Of $5b Cash Call”

The Nigerian National Petroleum Corporation (NNPC) has paid $1billion out of its $5billion cash call. The Group Managing Director, Dr. Maikanti Baru stated this in Abuja while addressing the corporation’s workers via a mail broadcast to commemorate his two-y...

July 3, 2018 No Responses

Nigeria Implores African Leaders On Corruption

The Federal Government has stressed the need for African countries to continue to strengthen anti-corruption laws and enforcement institutions and systems. The Minister of Foreign Affairs, Geoffrey Onyeama, made the call at the just concluded 33rd Session o...

May 23, 2018 No Responses

Nigeria Invests $10b In Infrastructure In Three Years

The Vice-President, Prof. Yemi Osinbajo, says the Federal Government has invested close to 10 billion dollars in infrastructure development in the last three years. He said the investment which focused on roads, power and a new national rail network,...

May 22, 2018 No Responses

Minister: 15 Revenue-Generating Agencies Did Not Remit N8.1trillion To Federation Account

The Minister of Information and Culture, Alhaji Lai Mohammed, has said 15 revenue generating agencies of the federal government failed to remit N8.1 trillion to the Federation Account between 2010 and 2015. The Minister made the disclosure in Osogbo, Osun St...

May 16, 2018 No Responses

FG To Pay Contractors, Clears Workers’ Promotion Arrears With N34.2b

The Minister of Finance, Mrs. Kemi Adeosun, said on Tuesday that the Federal Government would settle the inherited debts and contractual obligations to local contractors between 2006 and 2015. The Minister made this known while appearing before the Ad-Hoc...

May 1, 2018 No Responses

Minister Seeks MDAs’ Cooperation For Tourism Development

The Minister of Information and Culture, Alhaji Lai Mohammed, has called for cooperation among the various Ministries, Departments and Agencies (MDAs) in the generation of relevant data that will assist inmaking policies and planning decisions for the develo...

April 21, 2018 No Responses

Nigerian Appoints Committee On e-IPO

Nigeria is to adopt Electronic IPOs (e-IPO). Already, a committee comprising of the Securities and Exchange Commission (SEC), Nigeria Stock Exchange (NSE), Association of Issuing Houses of Nigeria (AIHN), Association of Stock Brokers (ASHON), Central Securitie...

April 19, 2018 No Responses

FG Probes National Assembly Invasion

The Federal Government has expressed shock at the invasion of the National Assembly and the subsequent snatching of the Senate mace by thugs on Wednesday. In a statement issued in Abuja on Wednesday, the Minister of Information and Culture, Alhaji Lai Moham...

April 7, 2018 No Responses

Easter Patrol: FRSC Rescues 1,071, Records 160 Crashes

Following the just concluded 2018 Easter special patrol which lasted from Wednesday 28 March 2018 to Tuesday 3 April 2018, the Federal Road Safety Corps (FRSC) recorded a total of 1,071 number of people rescued from a total of 160...