Government Archives — City Business News

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 Organisation for Islamic Financial Institutions, Sheikh Ibrahim...

December 7, 2024 No Responses

Tinubu Appoints CEOs For NUC, SMDF, NERDC, NEPAD

President Bola Tinubu has appointed chief executive officers for the National Universities Commission (NUC), the Nigerian Educational Research and Development Council (NERDC), and the New Partnership for Africa Development (NEPAD). This is according to a Frida...

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...

September 20, 2024 No Responses

NNPC To Revive Brass, Olokola LNG Projects

As part of measures to maximise the nation’s abundant gas resources for economic development and prosperity, Nigeria National Petroleum Corporation Ltd (NNPCL) has commenced discussions with investors towards bringing back two Liquefied Natural Gas (LNG) pro...

August 31, 2024 No Responses

EDSG Faults Akpata On Development Stride, Zoning

Special Adviser to the Edo State Governor (EDSG) on Media Project, Crusoe Osagie, has criticized the Labour Party candidate in the September 21 Edo State governorship election, Olumide Akpata for peddling what he described as falsehood on national television, ...

August 17, 2024 No Responses

FG, States, LGAs Share N1.358trilion In July

For the Month of July, 2024, N1.3 trillion has been disbursed to the Federal , State and Local Government Areas. The revenue distribution was announced at the August 2024 meeting of the Federation Accounts Allocation Committee (FAAC), in Abuja. A...

February 12, 2024 No Responses

Lagos Begins Arrest, Prosecution Of Pedestrians Crossing Highway

The Lagos State Government has commenced arrest and prosecute of pedestrians crossing any highway across the state. A statement issued on Sunday by the Lagos State Commissioner of Environment and Water Resources, Tokunbo Wahab, explained that officia...

November 1, 2023 No Responses

Lagos signs $1.35b Deal For Fourth Mainland Bridge, Others

The Lagos State Government has signed a partnership with the African Export-Import Bank (Afreximbank) and Access Bank for an investment of $1.352 billion investment in long-term infrastructure projects in the state. Lagos State Governor, Babajide Sanwo-Olu, wh...

September 11, 2023 No Responses

Catholic Bishops Task Governments On Proliferation Of Arms

Catholic Bishops, on Sunday in Abuja urged governments at all levels to checkmate the proliferation of small arms as insecurity rages unabated in the country, They decried the terror regularly unleashed on communities by bandits, religion extremists and other ...

May 24, 2023 No Responses

Anambra Declares 33 Per Cent Increase In IGR

THE Anambra Internal Revenue Service (AIRS) has declared increase in the state’s monthly internally generated revenue (IGR) from an average of N1.5 billion to N2 billion. Speaking during an interactive session with Journalists on Tuesday in Awka, the Chairma...

April 17, 2023 No Responses

NECA Rejects Fresh Tax Hike

Any attempt by the Federal Government to increase taxes will lead to a negative impact on households, individuals and businesses, the Nigeria Employers’ Consultative Association (NECA), has warned. NECA’s Director-General, Mr Adewale-Smatt Oyerinde, in a s...

March 20, 2023 No Responses

SSANU Tasks FG On Varsities Outstanding N50b Earned Allowances

The Senior Staff Association of Nigerian Universities (SSANU) has urged the Federal Government to pay the N50 billion outstanding Earned Allowances to universities and Inter-University Centres in the country. The SSANU National President, Mr Mohammed Ibrahim, ...

January 18, 2023 No Responses

Farmers Task Govt On Holistic Approach To Challenges

Farmers’ associations have called on the three tiers of government to employ holistic approach toward addressing the challenges facing the agricultural sector in the country. The Chairman, All Farmers Association of Nigeria (AFAN) in Oyo State, Mr John...

August 4, 2022 No Responses

FG Secures $134m Loan From AfDB To Boost Wheat Production

The Federal Government has obtained a $134m loan from the Africa Development Bank (AfDB) to boost wheat production. Minister of Agriculture and Rural Development, Dr Muhammad Mahmoud, said this in Abuja while briefing State House correspondents on the implem...