Government Archives — Page 2 of 5

March 14, 2022 No Responses

Manufacturers Seek FG’s Intervention As Diesel Hits N720 Per Litre

The Manufacturers Association of Nigeria (MAN), is seeking urgent intervention from the Federal Government to support the production of goods, as diesel price hits N720 per litre. Mr Lanre Popoola, the Chairman, Manufacturers Association of Nigeria (MAN)...

March 14, 2022 No Responses

Jime: Dry Ports To Come On Stream Soon

The dry ports would soon be completed and put to use as government intensifies efforts to broaden and diversify Nigeria’s economy, Emmanuel Jime, Executive Secretary, Nigerian’ Shippers’ Council (NSC), has said. Jime told the News Agency of Nigeria (NAN)...

March 9, 2022 No Responses

Ecobank Nigeria Partners Ogun On Mortgage Finance For Civil Servants

Ecobank Nigeria has entered into partnership agreement with Ogun State government to provide mortgage financing to interested civil servants who are allotees of the state’s housing scheme. Under the housing scheme, the Ogun State Government has develop...

February 12, 2022 No Responses

DMO Auctions N150b FGN Bond

The Debt Management Office (DMO) on Friday offered for auction, two separate Federal Government of Nigeria (FGN) bonds at N75 billion each. The DMO in its website, announced that the bonds are N75 billion, 10-year re-opening FGN bonds at 12.5 per...

February 5, 2022 No Responses

Nigeria’s Fuel Subsidies Back Under The Spotlight

By LukmanOtunuga, Senior Research Analyst At FXTM — The explosive surge in oil prices over the past few months has been good news to energy producing countries including Nigeria. It is worth keeping in mind that Africa’s largest economy acquires...

February 3, 2022 No Responses

FG Pays N22.7b Petroleum Bridging Claims To Transporters

The Federal Government has paid bridging claims amounting to N22.7 billion to transporters of petroleum products, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), disclosed on Wednesday. The Chief Executive Officer, NMDPRA, ...

January 20, 2022 No Responses

FEC Approves NIMASA, NPA, NRC Contract Proposals

The Federal Executive Council (FEC) has approved contract for clearing of equipment for the Deep Blue Project. Briefing Journalists after the FEC meeting on Wednesday, Minister of Transportation, Rotimi Amaechi explained that the N2.8bilion contrac...

January 12, 2022 No Responses

Opinion: Nigeria – A New Year But Same Old Story?

By Lukman Otunuga, Senior Research Analyst at FXTM — 2022 could be a critical year for Africa’s largest economy as it navigates through Covid-19 and inflation-infested waters. Global economic conditions remain strained by the coronavirus menace while s...

December 20, 2021 No Responses

Nigeria Inaugurates Technical Committee On Sorghum Varieties

The Federal Ministry of Agriculture and Rural Development has inaugurated a technical committee to streamline the existing Sorghum varieties in the country as part of measures to meet food and industrial demands. A statement issued on Sunday by Modu...

December 16, 2021 No Responses

Yakubu: Undemocratic Takeover Of Govt Poses Great Challenge To ECONEC

The undemocratic takeover of government in some West African countries has created a great challenge for Electoral Commissions in the sub-region, according to the Independent National Electoral Commission (INEC) Chairman, Prof. Mahmood Yakubu. Speaking at Wedn...

November 23, 2021 No Responses

Niger Spends N5b On Security In Two Years

The Niger Government said it spent more than N5 billion in the last two years on general security in the state. Alhaji Ahmed Matane, the Secretary to the State Government (SSG), said this while addressing Journalists in Minna on Tuesday. ...

October 5, 2021 No Responses

South-South Governors To Join VAT Suit

Governors of South-South states, on Monday, resolved to join the suit currently before the Supreme Court over the collection of Value Added Tax (VAT). The VAT case is between the Federal Inland Revenue Service (FIRS) and the Rivers Government....

September 26, 2021 No Responses

FG Converts National Blood Service To Commission

The Federal Government has established the National Blood Service Commission (NBSC) to replace the National Blood Transfusion Service (NBTS) to coordinate, regulate and ensure the provision of safe, quality blood transfusion services. A statement issued ...