FG Archives — Page 7 of 9 — City Business News

December 4, 2020 No Responses

FG Inaugurates PENCOM Board

The Federal Government has inaugurated 16 members of National Pension Commission (PENCOM) board, to proffer innovative and feasible solutions to the challenges of the pension administration in Nigeria.Mr Boss Mustapha, Secretary to the Government of the Federation (SGF), at the...

October 14, 2020 No Responses

FEC Boosts NRC‘s Security With N1.28b Equipment, N22b For Apapa-Oworonsoki-Ojota Road

The Federal Executive Council (FEC) has approved N1.28billion for the purchase and installation of security equipment at seven stations of the Nigerian Railway Corporation (NRC) along Abuja-Kaduna-Kano lines. The Minister of Transportation, Mr Rotimi Amaechi, ...

October 14, 2020 No Responses

New NEPZA Board Chairman Tasks FG, Private Sector On FTZs

The Nigerian Export Processing Zones Authority (NEPZA) has urged the Federal Government and Private Sector to ensure that the Free Trade Zone scheme is strengthened through improved legal framework and global best practices. Alhaji Adamu Fanda, newly-appointed...

October 9, 2020 No Responses

FG Appoints Adamu Fanda As NEPZA Board Chairman

The Federal Government has appointed Alhaji Adamu Fanda, a former member House of Representative from Kano State as Board Chairman of the Nigeria Export Processing Zones Authority (NEPZA) with effect from Sept. 26. The appointment is in a memo with...

September 24, 2020 No Responses

FG Approves N12b For Construction Of Ohafia–Arochukwu Road

The Federal Executive Council (FEC) has approved N12 billion for the construction of the Section two of the Ohafia to Arochukwu road in Abia State. The Minister of Works and Housing, Babatunde Fashola, stated this at the end of the...

September 16, 2020 No Responses

FG, Lagos Ban Barge Operations Along Marina Coastline

The Federal Government, in conjunction with Lagos State Government, on Tuesday stopped barge operations along Marina coastline. The Minister of Transportation, Mr Rotimi Amaechi, and the Lagos State Governor, Mr Babajide Sanwo-Olu, gave the stop-work ord...

September 2, 2020 No Responses

FG Approves $3.1b For Automation Of NCS

The Federal Executive Council (FEC) on Wednesday approved $3.1billion for the automation of the operations of the Nigeria Custom Service (NCS). Speaking after the virtual meeting presided by President Muhammadu Buhari, Minister of Finance, Budget...

July 11, 2020 No Responses

FG Donates Grains To 64,613 Households In Edo

The Federal Government has donated assorted grains as palliatives to no fewer than 64, 613 households in Edo, to cushion the effects of the COVID-19 pandemic in the state. Retired AVM Muhammadu Muhammed, the Director-General of the National Emergency Managemen...

July 8, 2020 No Responses

FG, NEXIM Bank, Sealink Seal Water Transportation MoU

The Federal Government on Tuesday in Abuja, signed a Memorandum of Understanding (MoU) with NEXIM Bank and Sealink Company to facilitate water transportation in the country. The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, who signed the MO...

June 18, 2020 No Responses

FG, States, LGs Share N547.309b

The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for the month of May. The Director of Information in the Ministry of Finance, Budget and National Planning, Mr Hassan Dodo, explained in.....

April 11, 2020 No Responses

FG Disburses N2.6b To 130,000 Poor Households In Katsina State

The Federal Government has so far disbursed N2.6 billion to 130,000 poor households in Katsina state under the Conditional Cash Transfer (CCT) programme. Alhaji Abdulkadir Nasir, Special Adviser on social interventions to Gov. Aminu Masari, made the disclosure...

February 6, 2020 No Responses

FG Approves N65.9b For Road Projects

The Federal Executive Council (FEC) has approved N65.9 billion for road projects across the country. Briefing State House Correspondents on Wednesday, Minister of State for Works and Housing, Abubakar Aliyu, explained that the ministry presented two memos to t...

January 28, 2020 No Responses

FG Advises States On Realistic Industrial Plan

To revive the sector for economic development and job creation, the Minister of State, Trade, Industries and Investment, Maryam Katagum has advised States to develop a realistic industrial plan. Katagum stated this while answering questions from Journalists in...

January 24, 2020 No Responses

FG Raises Committee On Disbursement Of N70b Cabotage Fund

The Minister of Transportation, Mr Rotimi Amaechi on Thursday in Lagos set up a committee to develop guidelines for disbursing $200million (N70 Billion) Cabotage Vessel Financing Fund (CVFF). The Minister explained that the panel, selected from amo...