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Wednesday, October 16, 2019
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FG incurs additional N1.26trn domestic debt in one year

Nigeria’s Federal government has within the past one year, increased its domestic debt profile by N1.26 trillion, bringing the total to N13.41 trillion as...

FG Project to Recover $6bn as NPDC, CPDC Signs $876m Deal

The Nigerian Petroleum Development Company (NPDC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC), has signed a $876 million oil and gas deal...

FG in Partner with Rural Electrification Agency Inaugurates 98.8KWP Solar Hybrid...

The Federal Government has announced it recently inaugurate 98.8KW solar hybrid mini grid power plant at Kare-Dadin Kowa, in Kebbi State. This is part of...

FG directs NCC to block 9.2m sim cards

The Federal Government has directed telecommunication operators, through the Nigeria Communication Commission (NCC) to block about 9.2 million sim cards without proper registration. The directive...

FG to assess MDAs through website ranking — DG, BSPR

The Federal Government has developed a scorecard for the ranking of websites of Ministries, Departments and Agencies (MDAs), to help in rebranding public service. The...

FG Relay plans to Recover N614bn Debt from 35 States

The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed, says the Federal Government has resolved to recover N614 billion loan facility from...

FG announces Reviewed Revenue Sharing Formula for the Tiers of Government

The federal government has made a public notice to announce it setting up committee in the coming weeks to review the revenue sharing formula...

FG Mulls Fresh N600bn Palliatives for Gencos

The Nigerian Bulk Electricity Trading Plc (NBET) has recommended additional N600 billion under the ‘Payment Assurance Guarantee (PAG)’ for the power generation companies (Gencos). PAG...

FG, Standard Bank, Stanbic IBTC partner on Funding for Mining Sector

In a bid to reposition the mining and steel sector, the Minister of State for Mines and Steel Development, Hon. Abubakar Bawa Bwari has...

‘FG spends N34 million daily to feed prisoners’

The Federal Government spends N33,878,700 daily to feed prisoners nationwide, the Nigerian Prisons Service (NPS) has disclosed. The Public Relations Officer of the Abia State...
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