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Tag: FG

Nigeria to phase out diesel, embrace hybrid energy — Shettima
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FG launches labour empowerment program, eyes 2.5 million jobs

The Federal Government launched the Labour Employment and Empowerment Programme on Tuesday, with a goal of creating 2.5 million jobs within two years. The program was officially introduced by Vice President Kashim Shettima at the Presidential Villa in Abuja, where he provided further details on its objectives and impact. This was disclosed in a statement […]

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Federation account allocation drops for third consecutive month to N1.57tn

The Federation Account Allocation Committee has reported a continued decline in monthly disbursements, with ₦1.578 trillion shared among the Federal Government, states, and local governments for March 2025. This marks the third consecutive monthly drop in allocations this year, following N1.678tn shared in February and N1.703tn in January. The decline was disclosed in a press […]

Aviation

FG, Trinidad and Tobago sign bilateral air services agreement

The Minister of Aviation and Aerospace Development, Festus Keyamo, and Trinidad and Tobago’s Minister of Works and Transport, Rohan Sinanan, have signed a Bilateral Air Services Agreement In a significant step to boost air connectivity between West Africa and the Caribbean. The historic signing ceremony was held at the VIP Lounge of Piarco International Airport […]

[ICYMI] Lagos-Calabar highway: Telcos express concerns over threats to cables
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Tinubu flags off key section of Lagos-Calabar coastal highway project

President Bola Ahmed Tinubu On Monday launched Section 3A/3B of the 750km Lagos-Calabar Coastal Highway in Awi, Akamkpa Local Government Area, Cross River State. Represented by Governor Bassey Otu, the President highlighted the project’s role as an economic catalyst, a driver of job creation, and a key promoter of both intra- and inter-regional integration. “This […]

Energy

FG vows to end N200bn solar panel imports

The Nigerian Federal Government has reiterated its commitment to ending the importation of photovoltaic solar panels, citing the substantial financial burden this practice imposes on the nation. The Managing Director/Chief Executive Officer of the Rural Electrification Agency, Abba Aliyu, disclosed this on Monday during a roundtable discussion held in Victoria Island between the REA and […]

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FG races to address GenCos’ N4tn debt

The Minister of Power has pledged to tackle the N4 trillion electricity debt owed to Generation Companies, following threats of a shutdown by electricity Distribution Companies on Monday. In response, the Minister’s Special Adviser, Bolaji Tunji, confirmed that the government is fully aware of the issue and is taking concrete steps to address it. Tunji […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Tinubu meets Trump’s African advisor to strengthen US-Nigeria ties

President Bola Tinubu has met with the Senior Advisor for Africa from US President Donald J. Trump’s administration, Mr. Massad Boulos, in Paris, France, to discuss deepening strategic cooperation between Nigeria and the US. This was disclosed on Sunday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. According to the […]

Electricity

FG to seal $2.3b deal to revamp power transmission

Nigeria is close to securing $2.3 billion in funding to upgrade its electricity transmission infrastructure under the Presidential Power Initiative also known as the Siemens deal. Over the weekend, Minister of Power, Chief Adebayo Adelabu, revealed that the financing arrangement is nearing completion.The federal government has urged European Union member states to continue offering technical […]

Aviation

FG unveils plans for direct flights between Nigeria, Tanzania

Nigeria and Tanzania are poised to enhance their bilateral relations with the planned introduction of direct flights between the two nations. This initiative is part of a broader strategy to deepen economic and diplomatic ties. Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, held a meeting with the Head of Chancery at the Tanzania […]

News

FG, Japan partner to foster entrepreneurial growth, innovation

The Federal Government of Nigeria has signed a Memorandum of Understanding with the Government of Japan to support business start-ups and promote innovation across the country. As part of the agreement, groundbreaking projects valued at $30.9 million will be implemented, including a key initiative—the Development of the Start-up Hub—spearheaded by the National Information Technology Development […]

News

FG inaugurates new Galaxy Backbone board to accelerate digital transformation

The Federal Government has inaugurated a new Board of Directors for Galaxy Backbone Limited, Nigeria’s ICT infrastructure provider, to advance the country’s digital economy agenda. The inauguration ceremony was held at the Office of the Secretary to the Government of the Federation (SGF) in Abuja and was presided over by Senator Dr. George Akume, who […]

News

FG commits to enhancing investment climate

The Minister of Information and National Orientation, Mohammed Idris, assured that the Federal Government will create a favorable environment for foreign investment. He urged investors to remain engaged with Nigeria’s economy, especially amid the country’s ongoing reforms. The minister emphasized that Nigeria provides dynamic market potential and an investor-friendly environment, essential for successful business operations. […]

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