Minister Archives — Page 155 of 166

December 14, 2016 No Responses

Ministers lauds Academy Press N2b investment in modern equipment

The Minister of Information and Culture, Alhaji Lai Mohammed, has lauded the Lagos-based printers Academy Press Plc for showing great confidence in the country’s economy through the investment of N2billion in acquiring modern equipment within one year. The Minister, who...

December 13, 2016 No Responses

FG to construct 400 dams before 2019

The Federal Government is to construct additional 400 dams to boost irrigation across the country before 2019. Speaking in Abuja at the 32nd Annual Meeting of the Food Crisis Prevention Network, President Muhammadu Buhari explained that due to the growing...

December 12, 2016 No Responses

‘Nigeria’s 2017 budget’ll tackle recession’

President Muhammadu Buhari has assured Nigerians that the 2017 Appropriation Bill would take Nigeria out of the ongoing economic recession. In his Eid-el Maulud message, Buhari explained that with collective dedication and hard work, Nigerians would in 2017 ov...

December 12, 2016 No Responses

Nigeria Energy Sector Fund declares N51 coupon payment

The Nigeria Energy Sector Fund (NESF), a closed-end investment vehicle quoted on the Nigerian Stock Exchange (NSE) has declared a coupon payment of N51 per note to unitholders for the financial year ended March 31st 2016. The coupon translates to...

December 12, 2016 No Responses

Banks to boost Agric, SME fund with N30billion

As part of measures to support the newly created Agriculture/Small and Medium Enterprises (SME) fund, the Bankers Committee at the weekend pledged to contribute N30 billion from their Profit After Tax (PAT). Speaking at the end of the 8th...

December 11, 2016 No Responses

FG unveils 10-point agenda for economic growth

The federal government has outlined a 10-point fiscal roadmap to reset the economy to a path of growth. The Minister of Finance, Mrs Kemi Adeosun revealed the outline when she represented Vice President Yemi Osinbajo, at the annual dinner of...

December 10, 2016 No Responses

LCCI Photo News

L-R: Chairman, JKN Limited, Chief Dr. John Odeyemi; President, Lagos Chamber of Commerce and Industry, Chief Dr. Mrs. Nike Akande and His Majesty, Ooni of Ife, Oba Adeyeye Ogunwusi during the presentation of Grand Star Award of Oodua to Akande...

December 9, 2016 No Responses

‘Suspend policy on vehicle importation ban through land borders’

The House of Representatives has advised President Muhammadu Buhari to direct Nigeria Customs Service (NCS) to suspend recent policy banning the importation of vehicles through the nation’s land borders. In its resolution on Thursday, the lawmakers explained...

December 9, 2016 No Responses

FG Information App For Launch December 15

The Minister of Information and Culture, Alhaji Lai Mohammed, has announced that the Federal Government Information App (FGIAPP) will be launched in Abuja on 15 Dec. 2016, as part of efforts to enhance the dissemination of government activities. The Ministe...

December 9, 2016 No Responses

Senate advocates overhaul of NYSC

The Senate has urged the Federal Government to overhaul the National Youth Service Corps (NYSC) in the interest of corps members and all stakeholders. The resolution on Thursday followed a review of the death of three corps members – Miss...

December 9, 2016 No Responses

NSE Photo News

L – R shows Haruna Jalo-Waziri, Executive Director, Capital Markets Division, The Nigerian Stock Exchange (NSE); Sam Oyemelukwe, Head of Anglophone Africa, Trace TV, Kenny Saint Brown, Recording Artist; Oscar N. Onyema, OON, Chief Executive Officer, NSE; Au...

December 8, 2016 No Responses

Citigroup, others to issue Nigeria’s $1b Eurobond in 2017

The Federal Executive Council (FEC) has approved the appointment of transaction parties for the one billion dollars Eurobond to be issued in January, 2017. Speaking after the Federal Executive Council (FEC) meeting on Wednesday, the Minister of Finance Mrs Kem...

December 7, 2016 No Responses

NIMASA DG canvasses utilization of PPP model for maritime infrastructure

Adequate provision of basic infrastructure has been identified as a necessary step capable of unlocking the vast opportunities in Nigerian maritime industry. This position was canvassed by the Director General of the Nigerian Maritime Administration and Safety...

December 7, 2016 No Responses

Lai Mohammed pledges to revamps Nigeria’s tourism potentials

The Minister of Information and Culture, Alhaji Lai Mohammed, has pledged to leave a legacy of turning Nigeria’s rich tourism potentials to a tourism economy. The Minister made the pledge in Abuja on Tuesday when he received the International Tourism A...