FG Seeks ¥15bn from Japan to Boost Food Security
The Federal Government has intensified discussions with the Japan International Cooperation Agency to fast-track the implementation of a ¥15bn (about $110m) emergency loan to improve food security across the country. This was disclosed in a statement issued by the Federal Ministry of Finance and Coordinating Ministry of the Economy on Wednesday after a high-level meeting […]
FG to sanction marketers hoarding PMS
As fuel queues subside across filling stations, the Federal Government says it will sanction marketers hoarding and diverting Premium Motor Spirit. The Nigerian Midstream and Downstream Petroleum Regulatory Authority said on Tuesday that its men were moving around the country to ensure the fuel loaded at the depots was not hoarded or diverted by any […]
FG begins payment of N2.75b compensation for properties demolition
The Federal Government has begun giving out the sum of 2.75 billion naira as compensation for demolition of properties to their owners from chainage zero to three kilometres along Oniru Beach. At the Flag off of the compensation, the minister of works, Dave Umahi noted that the compensation will be done in phases, urging affected […]
FG launches Port Harcourt to Aba rail service
The Federal Government has launched the Port Harcourt to Aba rail service. Minister of Transportation, Saidu Alkali, at the ceremonial launch in Port Harcourt Rivers State today, assured the people of the region that the trains will work properly to serve them. He also promised that the expansion will continue until the Eastern Standard Gauge […]
Federal Government declares public holidays
The Federal Government has declared Friday, March 29 and Monday, April 1, 2024 as public holidays to mark the celebrations of 2024 Good Friday and Easter Monday respectively. The minister of interior, Olubunmi Tunji-Ojo, who made the declaration on behalf of the federal government yesterday, urged Christians and all Nigerians in general to emulate the […]
Minister says FG has achieved about 90% of 15-point MoU with organised Labour
Labour Minister Nkiruka Onyejeocha says the Federal Government has achieved about 90% of the 15-point memorandum of understanding it had with the Organised Labour last October. In a monitored TV Programme, Politics Today, the minister revealed that the NLC President, Joe Ajaero, told government representatives at a meeting on Sunday that the protest was not […]
FG to halt the exportation of LGP
The Federal Government says it is interacting with the critical sectors to halt exportation of Liquefied Petroleum Gas (LPG), also known as cooking gas in view of its rising cost. The Minister of State Petroleum Resources (Gas), Mr Ekperikpe Ekpo who disclosed this at the opening of its Internal Stakeholders’ Workshop, on Thursday all LPG […]
FG suspends the posting of NYSC Corps members to states considered unsafe
The Federal Government has suspended the posting of National Youth Service Corps members to states considered unsafe due to the security challenges in the country. The Minister of Youths Jamila Bio-Ibrahim, who revealed this on Sunday while featuring on Channels Television’s Sunday Politics, also aid the NYSC is working with security outlets to ensure corps […]
FG to inaugurate tripartite committee on minimum wage
The Federal Government is set to inaugurate a 37-man Tripartite Committee on National Minimum Wage with a mandate to recommend a new National Minimum Wage for the Country. This was according to a statement on Sunday by Segun Imohiosen for the Secretary to the Government of the Federation. The inauguration of the Committee, which is […]
FG opens talk with World Bank to secure $1.5 billion loan for budget support
At the backdrop of the sustained revenue pressure and scarcity of foreign exchange the Federal Government, has opened talks with the World Bank to secure a $1.5 billion loan for budgetary support. Minister of Finance and Coordinating Minister for the Economy, Mr. Wale Edun, who disclosed this yesterday in an interview with Bloomberg, linked the […]