Local production of 2,000 tractors yearly will boost food production, the Minister of Agriculture and Food Security, Sen. Abubakar Kyari, said in Abuja. It will also create jobs for farmers, especially women and youths and enhance food and nutrition security,…
The Federal Government through the Niger Delta Power Holding Company has signed a Power Purchase Agreement with utility companies to distribute a total of about 250MW across the country. A document obtained from NDPHC said the power sale transactions have…
…Laments non-payment of dividends …Urges Nigerians in Diaspora to make domestic investments to boost FX liquidity …As Tinubu moves to secure multi-billion dollar infrastructure finance facility from Islamic Development Bank The Federal Government has disclosed its intention to revive and…
The Federal Government has launched the Diaspora Housing Scheme with a facility for Diaspora access up to N50 million naira loan for mortgage with an interest rate of 6.9 per cent, paid over a period of 10 years. The Minister…
The Federal Government through the Federal Ministry of Communications, Innovation and Digital Economy has announced a partnership with the United Nations Development Programme to provide paid internships for 3,000 Nigerians. The Minister for Communications, Innovation and Digital Economy, Dr Bosun…
The Federal Government through the Ministry of Humanitarian Affairs and Poverty Alleviation has distributed relief materials to the victims of recent flooding that occurred in Isheri Estate and its environs, in Ifo Local Government Area of Ogun State. The victims…
The Federal Government has revealed that it is targeting an estimated $1.5 billion in additional revenue from investments in equipment globally as it sets out to unveil the Equipment Leasing Registration Authority. The Chairman of ELRA, Saidu Njidda, who announced…
By Seun Ibiyemi The Federal Government has urged African leaders on the need to prioritise the Blue Economy stating that the blue economy holds the key to Africa’s prosperity. President Bola Ahmed Tinubu while speaking at the 43rd Annual Council…
In August 2023, the Federation Account Allocation Committee (FAAC) distributed a total of N1.80 trillion to the three tiers of government. This amount was derived from the revenue generated in July 2023. However, it represented a slight decrease compared to…
By Sodiq Adelakun The federal government is set to implement new regulations in the forex market with the goal of strengthening the value of the naira and curbing illegal currency trading, according to a Bloomberg report quoting a senior government…
