Tag: FG

Tinubu orders NNPC to sell Crude to Dangote in Naira
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FG unlocks $10bn investment in oil, gas

President Bola Tinubu announced that he had signed an executive order to unlock up to $10 billion of new investments in Nigeria’s oil and gas sector. This was disclosed by the President in his speech, at the opening of a two-day retreat on economic transformation and development organised by the House of Representatives, on Tuesday, […]

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FG plans GIS unit to solve boundary disputes

The Office of the Surveyor General of the Federation has promised to utilize a Geographical Information System expert for the Border Communities Development Agency to enhance its GIS unit. This was disclosed in a statement signed by the Head of Press and Public Relations, Sani Datti, during a courtesy visit by the Executive Secretary of […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
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Tinubu secures $600m port infrastructure deal with MAERSK

President Bola Tinubu has landed a $600 million investment deal with Danish shipping and logistics company, A.P Moller-Maersk, to expand existing port infrastructure to make room for more container shipping services in Nigerian ports. This is contained in a statement by the Special Adviser to the President, Ajuri Ngelale On Sunday via his official X […]

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FG announces date for artisans’ screening in SUPA initiative

The Industrial Training Fund has announced that between 29 April and 10 May 2024, the screening of artisans for the Skill-Up Artisans Programme will take place. This was disclosed in a statement signed by its Director General, Dr. Afiz Oluwatoyin Ogun on Sunday, according to Nairametrics. According to the statement, a screening exercise will be […]

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Tinubu arrives Saudi Arabia for special World Economic Forum meeting

President Bola Tinubu has arrived in Riyadh, Saudi Arabia to participate in the 2024 Special World Economic Forum meeting. The president had just concluded an official visit to the Netherlands. The World Economic Forum meeting will aim to focus on the theme ” Global Collaboration, Growth, and Energy for Development,” according to Businessday. This meeting […]

150,000 Nigerians got FG's N50k grant - Minister
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150,000 Nigerians got FG N50k grant – Minister

The Minister of Industry, Trade, and Investment Doris Uzoka-Anite has announced that about 150,000 individuals received the sum of N50,000 this week from conditional Grant Scheme initiated by the Federal Government. This was disclosed in a post by the Minister via her official X handle on Thursday. Uzoka-Anite called on the public to be wary […]

150,000 Nigerians got FG's N50k grant - Minister
News

150,000 Nigerians got FG’s N50k grant – Minister

The Minister of Industry, Trade, and Investment Doris Uzoka-Anite has announced that about 150,000 individuals received the sum of N50,000 this week from Conditional Grant Scheme initiated by the Federal Government. This was disclosed in a post by the Minister via her official X handle on Thursday. Uzoka-Anite called on the public to be wary […]

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FG may merge CBN’s NIRSAL, Bank of Agric

The National Council on Privatization announced its contemplation of merging the Bank of Agriculture with the Central Bank of Nigeria’s NIRSAL Microfinance Ltd. Additionally, the council intends to infuse fresh capital into these institutions to revitalize them post-merger. These propositions stemmed from recommendations put forth by the NCP’s Committee on BOA, disclosed during a council […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

FG approves first phase of Consumer Credit Scheme

The federal government has announced the approval of the first phase of the Consumer Credit Scheme. This was disclosed in a Press release statement by the Special Adviser to the President, Ajuri Ngelale on Tuesday. According to the statement, Consumer credit allows citizens the opportunity to access goods and services upfront, paying responsibly over time. […]

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FG to unbundle 11 Discos for more efficiency

Power distribution companies in Nigeria are currently being unbundled for more efficiency the Federal Government declared on Monday. It stressed that the privatisation of these firms would not be reversed, but pointed out that Discos should be broken into more efficient structures across national boundaries to fulfill their obligations, according to The Punch. This follows […]

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NCDMB, SON ranked most efficient MDAs — FG

The Presidential Enabling Business Environment Council has named the Nigerian Content Development and Monitoring Board, and the Standards Organisation of Nigeria as the most efficient and transparent compliance agencies among other Ministries, Departments, and Agencies of the Federal Government in Nigeria. PEBEC stated on Sunday in its Business Facilitation Performance Results for 2023, that the […]