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Tag: FG

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 […]

Telecommunications

FG scraps 5% telecom tax on calls, data

The Federal Government has officially removed the five per cent excise duty earlier imposed on telecommunications services in Nigeria, a decision expected to reduce cost pressures for millions of mobile subscribers. The National Orientation Agency disclosed the development in a post on its official X handle on Thursday, noting that the step reflects the Tinubu […]

Lebanon to sell unlimited US dollars to save crashing pound
Opinion

CITM cautions FG against new borrowing

The Chartered Institute of Treasury Management has cautioned the Federal Government against new borrowing, saying such could plunge the country into debilitating debt. Registrar of CITM, Mr Olumide Adedoyin gave the warning in a statement on Wednesday in Abuja against the backdrop of new borrowing and mounting debt by the federal government. According to him, […]

Minister threatens to revoke Kogi-Benin Road contracts
Business

FG reserves NNPCL road contracts below N20bn for indigenous firms

The Federal Government has ordered that all Nigerian National Petroleum Company Limited Tax Credit road projects valued below N20 billion be awarded solely to indigenous contractors, excluding foreign firms from participation. The directive, introduced by the Ministry of Works under its “Nigeria First” initiative, is designed to boost local involvement in infrastructure development. Works Minister […]

featured News

FG releases new curriculum for basic, secondary schools

The Federal Government has officially released the newly revised curriculum for Nigeria’s basic and senior secondary schools, aiming to reduce subject overload, improve skills acquisition, and align the education system with global standards. Announcing the reforms on Tuesday, Minister of Education, Tunji Alausa, alongside Minister of State for Education, Professor Suwaiba Ahmad, said the changes […]

Aviation

Keyamo orders NCAA to expose airlines flouting aviation rules

The Nigeria Civil Aviation Authority has announced that the Minister of Aviation and Aerospace Development, Festus Keyamo, has instructed the regulator to begin publicly naming airlines that violate aviation rules. In a post on X, Mike Achimugu, NCAA’s Director of Public Affairs and Consumer Protection, said airlines that leave passengers stranded at terminals until midnight […]

Oil and Gas

Strike: FG reschedules Dangote, NUPENG emergency meeting

Minister of Labour and Employment, Muhammadu Dingyadi, has rescheduled the tripartite meeting summoned to resolve the dispute between the management of Dangote Group and the Nigeria Union of Petroleum and Natural Gas Workers, NUPENG, over alleged anti-union practices. The meeting, earlier fixed for 3 pm, was brought forward to 10 am in what Vanguard gathered […]

News

FG urges NUPENG to suspend strike, pledges intervention in dispute

The Federal Government has appealed to the Nigeria Union of Petroleum and Natural Gas Workers to shelve its planned nationwide strike slated for Monday, pledging to intervene in the union’s face-off with the Dangote Refinery. NUPENG, in a statement jointly signed by its President, Williams Akporeha, and General Secretary, Olawale Afolabi, said its Petroleum Tanker […]

Business

Nigeria open for business with new deepwater incentives – Minister

The Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, has reaffirmed the federal government’s resolve to offer globally competitive incentives for deepwater oil projects. In a statement by his media adviser, Nneamaka Okafor, Lokpobiri said Nigeria is signaling to the global oil community that its energy sector has been transformed and is now […]

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