Tag: FG

Business

FG partners Emirates Airline to boost tourism

The Federal Government, through the Ministry of Art, Culture, Tourism, and Creative Economy, has partnered with Emirates Airline to sign a Memorandum of Understanding aimed at boosting tourism in Nigeria. This was disclosed in a statement by the tourism ministry, adding that the agreement was formalized during the 2025 Arabian Travel Market in Dubai, on […]

News

FG begins talks to unlock N1.5tn road investments

The Federal Government has initiated high-level talks with private concessionaires prepared to invest over N1.5 trillion in Nigeria’s road infrastructure but whose projects have stalled due to unresolved administrative challenges. At a meeting on Wednesday in Abuja, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun; the Minister of Budget and Economic […]

News

No immediate ban on solar panel imports – FG

The Nigerian Federal Government has postponed its proposed ban on photovoltaic solar panel imports, opting for a gradual approach to bolster domestic manufacturing, according to the Managing Director and CEO of the Rural Electrification Agency, Abba Aliyu. In an interview, Aliyu clarified that no immediate import restrictions are under consideration, according The Punch. While Nigeria […]

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

FG to clear N35,000 wage award arrears for civil servants

The Federal Government of Nigeria has unveiled plans to settle outstanding N35,000 wage award arrears owed to federal civil servants, addressing long-standing financial commitments to public sector workers. In a statement released Monday by the Office of the Accountant-General of the Federation, the Director of Press and Public Relations, Bawa Mokwa, confirmed that the payments […]

News

Nigeria begins activation of $1.1b green imperative project

The Presidential Food Systems Coordination Unit announced that implementation structures for the $1.1 billion Green Imperative Project are now being activated across Nigeria. This development follows the Unit’s 5th Steering Committee (STEERCO) meeting held recently in Abuja. six regional offices are being finalized to help onboard 774 mid-sized commercial farms and to set up six […]

News

No more dumping, FG bans waiver for threaded pipes importation

The Federal Government has officially prohibited the issuance of waivers for importing threaded pipes used in Nigeria’s oil and gas industry. This move is aimed at boosting local production and strengthening Nigeria’s local content policy. The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, issued the directive to the Nigerian Content Development and Monitoring […]

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.
News

FG to auction N350bn bonds at N1,000 per unit on April 28

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. The bond auction is scheduled to hold on April 28, 2025. According to a statement released by the DMO on Tuesday, each bond will be offered at N1,000 […]

Maritime

FG launches access to $25m in cabotage vessel financing fund 

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has announced that qualified applicants are now eligible to access up to $25 million each from the Cabotage Vessel Financing Fund at competitive interest rates. This was revealed in a statement issued by his Special Adviser on Media and Communications, Dr. Bolaji Akinola. Oyetola also instructed […]

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

FG unveils green money project to empower youth in agriculture

The Federal Government has launched the Green Money Project, a presidential initiative aimed at empowering young Nigerians through modern agricultural practices. The project was inaugurated by Abiodun Yinusa, Special Assistant to President Bola Tinubu on Agriculture, during an event at the Federal University of Agriculture, Abeokuta on Wednesday. Yinusa explained that the initiative seeks to […]

Aviation

FG flags off flight operations at Minna international airport

The Federal Government on Wednesday launched flight operations by Overland Airways at the newly reconstructed Bola Ahmed Tinubu International Airport in Minna, Niger State. The Minister of Aviation and Aerospace Development, Festus Keyamo, who officiated the event, described the airport as a key alternative to the Nnamdi Azikiwe International Airport in Abuja, according to NAN. […]

Oil and Gas

FG urges indigenous oil firms to ramp up production

The Federal Government has once again urged indigenous oil companies to scale up their production in order to meet growing domestic demand, fulfill export commitments, and boost revenue contributions to the national treasury. The Minister of State Petroleum Resources (Oil), Senator Heineken Lokpobiri, made the appeal in Abuja on Wednesday during a meeting with the […]

featured

NNPC to face forensic audit – Minister

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced on Wednesday that a forensic audit of the Nigerian National Petroleum Company is currently underway. He made this disclosure at an Investors’ Forum during the World Bank/IMF Spring Meetings in Washington D.C. It was earlier reported that President Bola Tinubu had dismissed […]