Tag: FG

Business

FG bans fuel tankers from night-time operations nationwide

The Nigerian Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has introduced a new regulation prohibiting fuel tankers from operating at night, effective immediately. The announcement was made by NMDPRA Chief Executive, Farouk Ahmed, during a sensitization program for petroleum tanker drivers in Lagos on Wednesday. The event, organized in collaboration with […]

News

FG to sell 753 recovered housing units from Emefiele

The Ministry of Housing and Urban Development has taken possession of a 753-unit housing estate previously owned by embattled former Central Bank Governor, Godwin Emefiele. According to the ministry, the property was formally handed over by the Economic and Financial Crimes Commission on Tuesday at its headquarters in Mabushi, Abuja. The Director of Press and […]

FG deducts N256.5bn for gas projects in six months
News

Tinubu grants approval for multibillion-dollar kolmani oil project

President Bola Tinubu has granted all necessary regulatory approvals for the issuance of critical licences for the Kolmani Integrated Development Project, a multibillion-dollar oil exploration initiative situated between Bauchi and Gombe States. This was disclosed by the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, during the flag-off ceremony for the permanent site […]

BPP boss promotes procurement process enforcement
News

FG approves revised procurement thresholds for MDAs

The Bureau of Public Procurement has announced a major revision of procurement thresholds for federal Ministries, Departments, and Agencies, aimed at streamlining contract award processes and reducing bureaucratic bottlenecks. In a statement issued by the Head of Public Relations at the BPP, Zira Nagga, the adjustments were approved by President Bola Tinubu and are intended […]

Electricity

FG approves key power projects in Oyo 

The Federal Government has approved two significant energy initiatives in Oyo State, aimed at strengthening Nigeria’s national grid and tackling longstanding power supply challenges. This was disclosed in a statement released by Bolaji Tunji, media aide to the Minister of Power. The decisions, finalized during Monday’s Federal Executive Council meeting, include the revival and concessioning […]

featured

Nigeria attracted over $8b in deepwater, gas investments – Presidency 

The Federal Government has stated Nigeria has attracted more than $8 billion in investments for deepwater and gas projects within a single year, surpassing the previously reported $6.7 billion in energy sector investments for 2024. The Special Adviser to the President on Energy, Olu Verheijen, announced the achievement at the 2025 Africa CEO Forum in […]

News

FG approves Medipool to distribute essential healthcare products nationwide

The Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, revealed that the Federal Executive Council has approved Medipool, a group purchasing organization, to supply essential healthcare products across Nigeria. He made this disclosure during a briefing with State House correspondents after the sixth FEC meeting of the year in Monday. Prof. Pate stated that […]

FG opens applications for Girls in ICT competition
Business

FG launches Virtual Privacy Academy to boost Nigeria’s data protection

The Federal Government has introduced the Nigeria Virtual Privacy Academy, a digital training platform designed to improve data protection and privacy practices in both the public and private sectors. The initiative was launched by the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, at the 8th annual conference of the Network of African […]

Business

FG dismisses AfDB president’s remarks on Nigeria’s economic decline

The Presidency has dismissed recent remarks by Dr. Akinwumi Adesina, the outgoing President of the African Development Bank, who claimed that Nigerians are worse off today than they were in 1960. Presidential spokesperson, Bayo Onanuga, issued a statement criticizing both the data cited by Adesina and the conclusions drawn from it. Dr. Adesina had stated […]

News

FG opens applications for creative economy development fund

The Federal Government of Nigeria has officially opened applications for the Creative Economy Development Fund—a newly approved initiative designed to provide sustainable financing for the country’s creative and cultural industries. This initiative announced by the Federal Ministry of Arts, Culture, Tourism, and Creative Economy, was recently approved by the Federal Executive Council and marks a […]

Oil and Gas

Minister leads energy operators to gas conference in China

Nigeria is set to make a powerful impression at the World Gas Conference 2025, with a delegation spearheaded by Ekperikpe Ekpo, Minister of State for Petroleum Resources, the Nigerian Gas Association announced. The triennial gathering of global energy leaders will see robust participation from Nigeria’s government and energy sector. According to the NGA, Ekpo will […]

Electricity

FG revives abandoned rural power projects nationwide

The Federal Government of Nigeria has deployed contractors to resume work on all previously abandoned rural electrification projects across the country, according to Abba Aliyu, Managing Director and Chief Executive of the Rural Electrification Agency. The REA, tasked with overseeing rural electrification nationwide, is driving the initiative to ensure completion of these critical infrastructure projects. […]