FG Archives — Page 3 of 9 — City Business News

April 16, 2023 No Responses

Expert Implores FG On Robust Gas Asset Management Plan

The Chief Executive Officer, Kenyon International, Dr Victor Ekpenyong has urged the Federal Government to harness the abundant oil and gas resources for economic and industrial development. Ekpenyong, a Well Controls Specialist, said that harnessing the expertise of Nigerian oil workers...

March 14, 2023 No Responses

FG Takes Over Yobe Cargo Airport

The Federal Government has taken over the recently inaugurated Muhammadu Buhari International Cargo Airport, Damaturu, Gov. Mai Mala Buni of Yobe, disclosed on Monday. Speaking at the launch of a book titled: “Gov. Buni’s 1,500 projects” authored by Alha...

February 14, 2023 No Responses

FG To Unveil Carbon Tax

The federal government has concluded plans to unveil a carbon tax policy and budgetary system to enhance revenue generation in the country. The Director-General of the National Council on Climate Change (NCCC), Salisu Dahiru, made this known on Monday wh...

February 11, 2023 No Responses

FG Reopens N360b Bonds For Auction

The Debt Management Office (DMO), has on behalf of the Federal Government of Nigeria (FGN), listed four FGN bonds valued at N360 billion for auction. Announcing the bond auction, the DMO listed the first offer as a February 2028...

February 9, 2023 No Responses

FG Tasks FRSC On Professionalism

The Federal Government has tasked the Federal Road Safety Corps (FRSC) on professionalism and efficient traffic management in the country. The Secretary to the Government of the Federation (SGF), Boss Mustapha, gave the charge at the 1st Quarter 2023 Str...

January 27, 2023 No Responses

FG Raises Steering Committee For Proposed Ondo, Benin Ports

The Federal Ministry of Transportation has inaugurated a Project Steering Committee for the proposed Ondo Deep Sea and Benin River Ports. The inauguration was performed by the Permanent Secretary of the Ministry of Transportation, Dr Magdalen...

January 18, 2023 No Responses

FG, States, Local Councils Share N990.189b For Dec 2022

The Federation Account Allocation Committee (FAAC) has shared N990.189 billion to the three tiers of government for the month of December 2022. This is contained in a statement issued by Mr Phil Abiamuwe-Mowete, Director (Information/Press), Ministry of...

January 13, 2023 No Responses

SAHCO Seeks Duty Waiver For Ground Handling Operators

The Managing Director, Skyway Aviation Handling Company (SAHCO) Plc, Mr Basil Agboarumi, has called on the Federal Government to grant duty waiver on operational equipment for ground handling companies operating in the nation’s airports. Agboaru...

January 9, 2023 No Responses

FG Condemns Kidnapping Of Train Passengers In Edo

The Federal Government has described the kidnapping of train passengers at Tom Ikimi Train Station, Igueben in Edo as despicable and utterly barbaric. In a statement issued by the Director of Press and Public Relations, Ministry of Transportation, ...

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...

October 1, 2022 No Responses

Concession Agreement: NPA Conculdes Report, Seeks FG’s Approval

The management of Nigerian Ports Authority (NPA), at the weekend, disclosed that the concession agreement with five terminal operators that have expired have been concluded. According to NPA, the report would be submitted to the Federal Ministry of Trans...

August 21, 2022 No Responses

Airline Operator Implores FG On Release Of Foreign Airlines’ $450m Ticket Sales

Chief Executive Officer of an aviation company, Mr Segun Adewale, has urged the Federal Government to repatriate the $450million in ticket revenue belonging to foreign airlines operating in the country. Adewale, also former Vice-Chairman, the National Associ...

August 13, 2022 No Responses

Transportation Minister Lauds SIFAX Group, Pledges FG Support

Minister of Transportation, Alhaji Muazu Sambo, has commended SIFAX Group for its socio-economic impact on the nation’s development. Sambo also promised to support the company’s businesses in order to contribute more to the economy. He made thi...

August 10, 2022 No Responses

FG Disburses N100b To Indigenous Pharmaceutical Manufacturers

The Federal Government has disbursed N100 billion to indigenous pharmaceutical manufacturers and healthcare investors as loans to expand their capital base, and boost local production of medicines and medical consumables. President Muhammadu Buhari annou...