By Seun Ibiyemi The Federal Government on Friday signed a Memorandum of Understanding (MoU) with the Maritime Workers Union of Nigeria (MWUN) after two decades of conflicts amid negotiations for minimum conditions of service for workers. The Federal Government on…
…Urges FG to approve Shell/Renaissance, Mobil/Seplat deal Former Vice President of Nigeria, Atiku Abubakar has accused the President Bola Ahmed Tinubu-led administration of adopting a sham subsidy regime to fund his 2027 Presidential ambition. In a statement on Sunday, the…
Mr. Femi Gbajabiamila, the Chief of Staff to the President, emphasized the Federal Government’s commitment to diversifying the economy through significant investments in agriculture. He made this statement during an interactive session with Mr. Cornelius Adebayo, Executive Secretary/CEO of the…
The Federal Government has launched the National Single Window (NSW) Project Kickoff Workshop at a ceremony in Abuja. The initiative seeks to streamline trade processes, reduce bottlenecks, and increase transparency, positioning Nigeria for unprecedented economic growth. In his opening address…
The Minister of State for Petroleum Resources, Sen. Heineken Lokpobiri, has pledged the Federal Government’s collaboration with the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) to support local refineries. Lokpobiri made the statement at the 2024 PENGASSAN…
Under President Bola Tinubu, the Nigerian government has spent N3.2 trillion on security in one year, yet kidnappings and killings persist. In the third quarter of 2023, security funding totaled N657 billion, with N412 billion for the Defence Ministry, N150…
The Federal Government’s committee, established to oversee the sale of crude oil to local refineries in naira, has reached an agreement with the Dangote Petroleum Refinery to begin the distribution of Premium Motor Spirit (PMS), commonly known as petrol, in…
Barth Ndubuwah, Port Harcourt The Movement For The Survival of Ogoni People (MOSOP), led by Prof. Olu Andah Wai-Ogosu, has issued a 14-day ultimatum to the Federal Government and Reynolds Construction Company (RCC) to resume work on the Eleme section…
By Matthew Denis The Federation Account Allocation Committee (FAAC), at its August 2024 meeting chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, shared a total sum of N1,358.075 Trillion to the three…
The Federal Government, through the Debt Management Office, on Wednesday announced plans to issue N500 million dollars local bonds to boost dollar liquidity. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said this on Thursday in…
