… Act to boost oil reserves from 37bbpd to 40bbpd The Petroleum Industry Act (PIA) will assist Nigeria in increasing its oil production to 4 million barrels per day, the Minister of State for Petroleum Resources, Timipre Sylva, has said.…
Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, says the the Federal Government has generated N3.93 trillion, being 73 per cent of its targeted N7.9 trillion revenue for 2021. She made the disclosure on Friday in Abuja,…
The Federal Government, on Friday received outcomes of validation of the Country Self-Assessment Report (CSAR), carried out by the African Union (AU) Team on African Peer Review Mechanism (APRM). The primary purpose of the APRM is to foster good governance…
Nigerian states including local governments might face financial difficulties in the coming months as the rise in oil prices means a larger chunk of oil revenue will have to go into subsidy payment. According to data from oil price, on…
The Manufacturer Association of Nigeria Export Group (MANEG) has urged the Federal Government to address activities hindering exporters’ competitiveness at the global market. Chairman, MANEG, Chief Ede Dafinone, gave the charge on Wednesday, in Lagos, at the MANEG fourth Annual…
…To raise teachers’ retirement age to 65 years …Seeks automatic employment for Education students By Moses Adeniyi The Federal Government in a series of provisions to vitalise the education sector and encourage teaching profession in the Country has announced the…
Director General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Bashir Jamoh says the Federal Government has approved zero import duty for ship owners to acquire vessels. Jamoh disclosed this in a session at the maiden edition of the Nigeria…
The Federal Government has restated its commitment to restore payments to pensioners on its priority list as well as clearing the backlog of arrears inherited from previous administrations, under both the contributory and defined benefit pension schemes. Mr Boss Mustapha,…
The Federal Government announced that it has launched a committee that will implement policies for effective and efficient management of illegally refined products recovered from dug-up pits found around the creeks of the Niger Delta. This was disclosed by the…
The Federal Government has stopped students in Senior Secondary School one and two from participating in external West African Senior School Certificate Examination, WASSCE; the National Examination Council, NECO; and National Business and Technical Examinations Board, NABTEB. The development was…
