FG Archives — City Business News

March 11, 2025 No Responses

Zacch Adedeji:Naira-For-Crude Policy Remains In Place

Our attention has been drawn to reports suggesting that the naira-based crude oil supply arrangement with local refineries has been discontinued, forcing the domestic refineries to rely solely on international crude purchases.These reports do not reflect the realities of the...

March 8, 2025 No Responses

FG Reiterates Commitment To Sustainable Mobility Solution In Nigeria

The Federal Government, on Friday, reiterated it’s commitment towards promoting sustainable transportation and reducing carbon emissions in the country.The Minister of State for Industry, Sen. John Owan Enoh, reiterated the Federal Government position at...

March 5, 2025 No Responses

FG Launches End-Of-Life Vehicle Recycling Regulation

As part of measures to transform the Nigerian automotive sector, the National Automotive Design and Development Council (NADDC), on Wednesday launched the Approved End-of-Life Vehicle (ELV) Recycling and Regulation.According to NADDC, the event held in Lagos m...

February 28, 2025 No Responses

FG To MultiChoice: Suspend Fee Hike

The Government through the Federal Competition and Consumer Protection Commission (FCCPC) has directed MultiChoice Nigeria, the operator of DStv and GOtv, to maintain its current subscription prices pending the conclusion of an ongoing investigation into the c...

January 29, 2025 No Responses

FG Generates ₦2.4b From Marriage Contracts In 2024

The Federal Government generated about N2.4 billion from marriage contracts via its marriage registry in 2024. The Minister of Interior, Olubunmi Tunji-Ojo, who disclosed this on Tuesday explained that the Federal Government planned to further strengthen...

January 22, 2025 No Responses

FG Targets Oil Production In Ogoniland

President Bola Tinubu on Tuesday directed the National Security Adviser (NSA), Nuhu Ribadu, to coordinate negotiations with various parties within Ogoniland in the oil-rich Niger Delta area to resume oil production in the area. The President, who gave the dire...

January 18, 2025 No Responses

FG, States, LGAs Share ₦1.424tri

A total sum of N 1.424 trillion, being December 2024 Federation Account Revenue, has been shared to the Federal Government, States and Local Government Councils. The revenue was shared at the January 2025 Federation Account Allocation Committee (FAAC) meeting ...

December 14, 2024 No Responses

FG, States, LGCs Share ₦1.727tri

A total sum of ₦1.727 trillion, being November 2024 Federation Accounts Revenue, has been shared to the Federal Government, States and the Local Government Councils. The revenue was shared at the December 2024 meeting of the Federation Accounts Allocation Co...

December 12, 2024 No Responses

FG Issues N1.1trn Sukuk Bonds For Road Projects

Photo Caption: L-R: Commissioner, Securities and Exchange Commission Pakistan, Mr. Mujtaba Ahmad Lodhi, Chairman SEC Pakistan, Akif Saeed, Director General, Securities and Exchange Commission Nigeria, Dr. Emomotimi Agama and Chairman, Accounting and Auditing O...

November 21, 2024 No Responses

Okpebholo Attends First NEC Meeting

Edo State Governor, Senator Monday Okpebholo, on Thursday in Abuja, attended his first National Economic Council (NEC) meeting, presided over by Vice President Kashim Shettima.The meeting was held at the State House Council Chambers in Abuja, where key economi...

October 24, 2024 No Responses

Meet Sunday Dare, Tinubu’s New Special Adviser On Public Communication And Orientation

Sunday Akin Dare, appointed as the Special Adviser on Public Communication and Orientation by President Bola Ahmed Tinubu, GCFR, on October 23, 2024, served as the Nigerian Minister of Youth & Sports from 2019 to 2023.He previously held the position...

October 23, 2024 No Responses

FG Scraps Niger Delta Ministry

The Federal Government through the Federal Executive Council (FEC) on Wednesday, October 23, 2024 scrapped Niger Delta Ministry and the Ministry of sports development.Under the new development, there will now be a ministry of regional development to oversee al...

October 18, 2024 No Responses

CNG: FG Lists Approved Conversation Workshops

The National Automotive Design and Development Council (NADDC) has emphasized the need to obtain standard Compressed Natural Gas (CNG) Conversion from NADDC accredited Vehicle Conversion Workshops across the country.A notice issued by NADDC and obtained by Cit...

October 3, 2024 No Responses

NPA Raises One Stop-Shop For Sale Of Crude In Naira To Dangote Refinery

The Managing Director, Nigerian Ports Authority (NPA), Dr. Abubakar Dantsoho, on Thursday, disclosed that the implementation of the Federal Government directive on sale of crude oil and Petroleum products to Dangote Refinery in Naira has commenced.Speaking whe...