In a recent report by the Postmortem Sub-Committee of the Federal Account Allocation Committee (FAAC), it has been recommended that the Federal Government refund the loan of approximately N228 billion it took from the non-oil excess revenue account to finance…
The Federal Government is to raise about N35 billion for the Ajaokuta Light Steel mill through the local financial market. Mr Shuaibu Audu, Minister of Steel Development, disclosed this to State House Correspondents after a meeting with President Bola Tinubu…
President Bola Tinubu has approved the payment of N12 billion to clear outstanding payment for the Super Eagles and other Nigeria’s national teams of various sports. According to a statement seen on the X (formerly Twitter) handle of President Bola…
The federal government has revealed that the electricity companies in Nigeria are short of N2 trillion ($2.5 billion) in capital to revive the industry and provide a steady power supply nationwide. Olu Verheijen, an adviser to President Bola Tinubu on…
…Industry minister emphasises importance of efficient consumer credit system By Sodiq Adelakun The Federal Government has allocated N350 billion for a consumer credit fund and a national poverty reduction strategy in the 2024 budget. The details of the budget were…
By Umar Akilu Majeri, Dutse The Jigawa State government (JGSG) has disclosed that it will be collaborating with the Federal government for the execution of th3 Greater Dutse water Project. The project which was moribund for sixteen years has been…
…NUC warns Nigerians against enrolling in 18 blacklisted foreign varsities in Nigeria …NANS raises concerns for legitimate students, says there is need for reassessment By Sodiq Adelakun The federal government has suspended the evaluation and accreditation of degree certificates obtained…
By Omolola Dede Adeyanju The Lagos Chamber for Commerce and Industry (LCCI) has cautioned the federal government to tackle insecurity to reap its investments in agriculture. This was enumerated in a press statement signed by the Director General of the…
The federal government has named 46 new Directors to oversee agencies within the Ministry of Aviation and Aerospace Development. This disclosure is contained in a statement signed by the Head of Press and Public Affairs at the Federal Ministry of…
The Federal Government through the Nigerian Content Development and Monitoring Board (NCDMB) on Thursday commissioned the Amal Technologies Gas Leak Detection Device and Printed Circuit Board Manufacturing Facility at Idu, Abuja. The commissioning was performed by the Minister of Solid…
