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6 Uncomplicated Ways to Get Studying Fun

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Acestea sunt semne bune că vor oferi mult

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Investment commission pledges FDI support to improve Nigeria’s

  • March 6, 2022
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Nigeria’s gas revolution will lift West Africa’s energy

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Tag: FG

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FG reassures civil servants of IPPIS database security

The Federal Government has reaffirmed the security of the Integrated Personnel and Payroll Information System database, following concerns about its safety. The Office of the Accountant-General of the Federation, through Director of Press and Public Relations Bawa Mokwa, issued this reassurance on Monday in Abuja, according to The Punch. Recent reports suggested that the IPPIS […]

News

FG stresses importance of policy frameworks to address payment delays

The Federal Ministry of Budget and Economic Planning and the Ministry of Finance have stressed the importance of coordinating policies and payments to meet Nigeria’s financial obligations. The Minister of Budget and Economic Planning, Senator Abubakar Bagudu, highlighted this collaborative effort, aiming to address delayed payments to manufacturers and other critical sectors, according to The […]

Dangote Refinery loses N32.5bn after petrol price cut
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FG begins sale of crude in naira to Dangote refinery

The Federal Government has commenced the sale of crude oil to local refineries, with transactions conducted in Naira in significant development aimed at easing pressure on the Naira, cutting transaction costs, and enhancing the availability of petroleum products The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, announced this breakthrough […]

News

FG provides free CNG conversion at six Lagos locations

The Federal Government’s Presidential Compressed Natural Gas Initiative will allow Lagos residents to convert their vehicles to CNG for free on Friday, September 13, from 3pm to 6pm at six designated locations. The first 50 vehicles at each site that pass inspection will receive free CNG conversion kits. Owners can then refuel at N230 per […]

News

FG, UK sign agreements for N589bn investment in key sectors

The Federal Government of Nigeria and the United Kingdom have finalized eight partnership agreements that will inject N589 billion (£272.6 million) into critical sectors of the Nigerian economy. The agreements was disclosed in a statement signed by the Minister of Budget and Economic Planning, Atiku Bagudu on Thursday in Abuja, according to The Punch. The […]

News

FG unveils strategic roadmap to generate $100m in creative sector

The Federal Government has revealed an ambitious plan to generate at least $100 billion annually and create over two million jobs through Nigeria’s creative economy. This was disclosed by the Minister of Art, Culture, and the Creative Economy, Hannatu Musa Musawa at a roundtable event for local and international investors on Wednesday, according to Nairametrics. […]

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FG debunks rumoured planned VAT hike

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has addressed recent speculation about a potential increase in the Value-Added Tax rate, denying reports suggesting that the Value-Added Tax rate will increase from 7.5% to 10%. In his statement released on Monday, Edun confirmed that there will be no change to […]

News

FG disburses N2.146bn in student loans to 18,998 beneficiaries

The Federal Government has disbursed N2.146 billion in student loans, benefiting 18,998 students across Nigeria. The Nigerian Education Loan Fund announced that this latest distribution extends the program to 40 additional higher institutions, bringing the total number of participating institutions to 59. This initiative highlights NELFUND’s commitment to expanding access to higher education, particularly for […]

News

Nigeria targets export of finished products to China, others

The Minister of Foreign Affairs, Yusuf Tuggar, has stated that the country is focusing on exporting “finished products” to China and other parts of the world. This was disclosed in a video uploaded on his official X page on Friday, amid President Bola Tinubu’s state visit to China and his participation in the 2024 Summit […]

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Petrol price stability expected due to consistent supply – Lokpobiri

The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri announced that the stability of petrol prices nationwide is anticipated due to the consistent supply of fuel. This was disclosed by the Minister, after his meeting with Vice-President Kashim Shettima at the State House. Lokpobiri emphasized that the deregulation of the petroleum industry has shifted […]

News

FG imposes N2m fine on battery regulation violators

The Federal Government has announced stringent penalties for facilities that violate battery control regulations in Nigeria, noting that violators will face fines of up to N2 million. This was disclosed by the, Director-General, NESREA, Innocent Barikor at the launching of the National Environmental (Battery Control) Regulations for Civil Society and Press on Thursday, according to […]

N40,000 rice initiative targets public servants, others to follow
News

FG demands NIN for purchase of N40,000 50kg rice

The Federal Government has initiated the sale of 30,000 metric tonnes of milled rice to Nigerians at a subsidized rate of N40,000 per 50-kilogram bag requiring potential buyers present their National Identification Number. The disclosure was made by the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, during a launch event in Abuja on […]