Tag: FG

FG signs €995m deal to boost Nigerian agriculture sector
Agribusiness

FG commits $538m to special agro-industrial projects

The Federal Government has announced a commitment of $538.05 million towards the establishment of Special Agro-Industrial Processing Zones across the country, as part of efforts to transform Nigeria’s food systems and strengthen agricultural productivity. The Minister of Agriculture and Food Security, Abubakar Kyari, made this known on Monday in Abuja at the Community of Practice […]

Agribusiness

New fertilizer initiative will trigger high cost, farmers warn

Farmers operating under the umbrellas of the Coalition of Farmers Association of Nigeria and the Himma Youth Farmers Association of Nigeria asserted on Thursday that the new Presidential Fertilizer Initiative will likely trigger a high cost of fertilizers. The National President of COFAN, Dr. Abubakar Bamai, voiced concern that this government move, coming amid rising […]

Business

Tinubu to unveil $400m Otakikpo oil export terminal

President Bola Tinubu will inaugurate the $400 million Otakikpo Onshore Crude Oil Export Terminal in Rivers State on October 8, marking Nigeria’s first new crude export facility in more than five decades. Developed by Green Energy International Limited (GEIL), operators of the Otakikpo field in OML 11, Ikuru Town, Andoni Local Government Area, the terminal […]

Electricity

Nigeria@65: Experts urge FG to resolve electricity liquidity crisis

As Nigeria marks 65 years of independence, stakeholders in the power sector have voiced concerns over ongoing financial challenges affecting the country’s electricity value chain, urging the government to intervene. In an interview in Lagos on Tuesday, they highlighted liquidity constraints as the main barrier to delivering stable and reliable power to millions of Nigerians, […]

featured News

Court adjourns Sowore’s cybercrime case to October 27

The Federal High Court in Abuja has adjourned the arraignment of Omoyele Sowore, publisher of Sahara Reporters, to October 27. Justice Mohammed Umar granted the adjournment to allow Sowore time to prepare his defense. Sowore is facing a five-count charge filed by the Department of State Services on behalf of the Federal Government, alongside X […]

News

FG arraigns Sowore over alleged false X, Meta posts against Tinubu

The Federal Government has arraigned human rights activist and publisher, Omoleye Sowore, on a five count for allegedly making false posts against President Bola Tinubu on social media. The suit, filed before the Federal High Court in Abuja, also lists X (formerly Twitter) and Meta (owners of Facebook and Instagram) as co-defendants. According to the […]

Business

Nigeria, US explore stronger collaboration on consumer protection

The Federal Competition and Consumer Protection Commission has engaged the United States Embassy in Abuja in discussions aimed at strengthening consumer protection ties between both countries. In a statement on X on Monday, the commission said the talks focused on enhancing Nigeria–US collaboration to advance consumer protection. “Federal Competition and Consumer Protection Commission (FCCPC), led […]

The Federal Government, through the Debt Management Office, has announced plans to reopen two tranches of its savings bonds worth a combined N350 billion for public subscription.
Business

FGN targets N200bn from September bond auction

The Debt Management Office has announced the Federal Government’s N200bn bond issuance for subscription at its September 2025 auction. The offer, which opened on September 29, includes a N100bn 17.945% FGN August 2030 bond (five-year reopening) and a N100bn 17.95% FGN June 2032 bond (seven-year reopening). Settlement is scheduled for October 2, 2025, with a […]

Oil and Gas

FG reassures stable petrol supply amid Dangote-PENGASSAN dispute

The Federal Government has reassured Nigerians that there will be no disruption in the supply of refined petroleum products across the country, despite recent concerns in the downstream oil sector. This assurance followed a meeting of the Steering Committee on the Domestic Crude Oil and Refined Products Sales in Local Currency Initiative, chaired by Minister […]

featured Oil and Gas

FG holds emergency meeting to resolve Dangote-PENGASSAN dispute

The Federal Government, through the Ministry of Labour and Employment, has initiated a reconciliation meeting to resolve the ongoing dispute between Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria. The meeting, chaired by Minister of Labour and Employment Muhammad Dingyadi, brings together leadership from PENGASSAN, Dangote Refinery, the Minister of […]

Business

Tinubu orders BOA to pay N30bn arrears to agro-dealers

President Bola Tinubu has ordered the Bank of Agriculture to settle outstanding arrears of N30 billion owed to agro-dealers and input suppliers under the National Agricultural Growth Scheme and Agro-Pocket. In a statement on Wednesday, BOA’s External Media Relations Lead, Judith Ekwebelem, said the directive followed the release of funds from the African Development Bank. […]

FG defends award of Lagos-Calabar coastal highway to Hitech
Business

FG urged to invest in innovation for sustainable infrastructure

The Federal Government has been advised to prioritise massive investment in innovation as a pathway to sustainable infrastructure development. In a statement, a concrete engineer engaged in advanced research for the U.S. Federal Aviation Administration, Isaac Oyawoye, stressed that with Nigeria facing decaying roads and failing airport runways, innovation must be placed at the heart […]