Tag: FG

News

FG to resolve ownership disputes in N’Delta oil, gas fields

The Federal Government has begun verifying disputed and newly drilled crude oil and gas fields in the Niger Delta to settle ownership claims and guarantee fair revenue distribution to producing states. Addressing journalists in Asaba, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission, Dr. Mohammed Shehu, said the exercise is a constitutional requirement […]

Nigerian Institute of Surveyors
Business

Nigeria’s national mapping project progressing – Surveyor General

The Surveyor General of the Federation, Abuduganiyu Adebomehin, stated that the Federal Government’s plan to map Nigeria is progressing as scheduled. He warned that any legal threats against the transfer of the Office of the Surveyor General of the Federation to the Presidency, along with the powers vested in it—would essentially be a challenge to […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
Business

FG revokes 1,263 mineral licences, opens sector to new investors

The Federal Government has revoked 1,263 mineral licences, which will be removed from the Electronic Mining Cadastral System portal managed by the Nigerian Mining Cadastral Office. The licences include 584 exploration licences, 65 mining leases, 144 quarry licences, and 470 small-scale mining leases. According to the Special Assistant on Media to the Minister of Solid […]

Business

Ajaokuta steel company in good shape – FG

The Federal Government has declared that Ajaokuta Steel Company is in good shape, contrary to recent media reports. In a statement signed by Head of Press and Public Relations Department at the Ministry of Steel Development, Salamatu Jibaniya, the government emphasized its commitment to developing Nigeria’s steel sector, including the resuscitation of Ajaokuta Steel Company […]

Finance

Nigeria secures $10bn in external loans in two years

The Federal Government has secured external loans worth over $10 billion in the last two years, but only about $5 billion, roughly half of the secured amount, has been disbursed so far. According to data from the Debt Management Office, these loans were contracted from multilateral organizations, regional financial institutions, and the International Capital Market […]

News

FG disburses N330bn in cash transfers to poor households

The Federal Government has disbursed N330 billion in cash transfers to poor and vulnerable Nigerians through the National Social Safety-Net Coordinating Office. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced that the programme is part of President Bola Tinubu’s strategy to cushion the impact of subsidy removal and exchange rate reforms […]

Nigeria expecting $2.2bn loans from World Bank - Minister
News

FG disburses N330b cash transfers to poor, vulnerable households

The federal government has disbursed about N330 billion in direct cash transfers to poor and vulnerable households nationwide under its revamped social protection programme. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this on Wednesday in Abuja. He explained that the government had resumed full implementation of the national social safety […]

Food

FG unveils agric incentives, targets 21m jobs creation

The Federal Government has announced new agricultural incentives aimed at generating 21 million jobs and boosting food security. Vice President Kashim Shettima unveiled the reforms at the Food and Agriculture Organisation’s National and Subregional Hand-in-Hand Investment Forum in Abuja. According to Shettima, Nigeria can secure food sufficiency by fully tapping its irrigation capacity. “Strategic investment […]

Business

FG sues Meta, X over Sowore anti-Tinubu post

The Federal Government has filed a five-count criminal charge against politician and activist Omoyele Sowore, accusing him of cyberbullying President Bola Ahmed Tinubu through social media posts. Court filings obtained show that the case, marked FHC/ABJ/CR/484/2025, was lodged at the Federal High Court in Abuja and also names Meta (Facebook) Inc. and Elon Musk’s X […]

Dangote Refinery loses N32.5bn after petrol price cut
Oil and Gas

Protect Dangote Refinery from sabotage, NANS tells FG

The National Association of Nigerian Students has called on the federal government to protect Dangote Refinery and its facilities, including trucks from sabotage by elements opposed to the positive impact the company is having in the oil and gas sector in the country. This is just as the student body is calling for an amicable […]

Honda boosts food production with new mechanised equipment
Agribusiness

FG to distribute 2,000 tractors, boost year-round farming

The Minister of Agriculture and Food Security, Abubakar Kyari, has announced that the Federal Government will soon distribute 2,000 tractors to farmers nationwide to support dry-season and all-year farming. In an interview with ARISE News on Friday, Kyari noted that the tractors and implements, commissioned earlier in the year, are intended for practical use in […]

Business

FG, Afreximbank sign $500m deal for gas infrastructure

The federal government, through the Midstream and Downstream Gas Infrastructure Fund, has entered into a memorandum of understanding with Afreximbank to mobilise $500 million over the next four years for major gas infrastructure projects. In a statement issued on Thursday, the government said the investment will drive the development of pipelines, processing plants, liquefied natural […]