FG Archives — Page 8 of 9 — City Business News

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...

December 25, 2019 No Responses

CAN Lauds FG For Releasing Dasuki, Sowore

The leadership of the Christian Association of Nigeria (CAN) has commended the Federal government for ordering the release of former National Security Adviser (NSA), retired Col.m Sambo Dasuki, and the leader of RevolutionNow Movement, Mr Omoyele Sowore....

December 19, 2019 No Responses

FG, States, Councils Share N635.826b

The Federation Account Allocation Committee (FAAC), on Wednesday in Abuja at its meeting, shared to the Federal Government, States and Local Government Councils a sum total of N635.826 billion as federal allocation for the month of November 2019. This amount,....

November 28, 2019 No Responses

FG Approves N19b For Road Projects In FCT, Oyo, Kano

The Federal Executive Council (FEC) on Wednesday approved over N19 billion for the construction of road projects in the Federal Capital Territory (FCT), Oyo and Kano States. The Minister of Works and Housing, Mr Babatunde Fashola, disclosed this when he...

November 24, 2019 No Responses

Shareholders To FG: Address Infrastructure Deficit Through Capital Market

The Independent Shareholders Association of Nigeria (ISAN) has stressed the need to address the country’s infrastructure challenges through the Nigerian capital market. Mr Adeniyi Adebisi, ISAN’s National Coordinator, stated this on Saturday in Lagos, whil...