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FG to close Third Mainland Bridge for two days

The Federal Government has  announced a two-day total closure of the Third Mainland Bridge in Lagos State for concrete work on some sections. The Federal...

FG approves NNPC oil and gas centre in Akwa Ibom

  The Minister of State for Petroleum Resources, Timipre  Syva said the Federal Government has approved the establishment of Nigeria National Petroleum Corporation, NNPC, oil...

FG begins containment of COVID-19 in Oil and Gas sector says Sylva

  The Federal Government has embarked on industry-wide cost containment measures to strengthen the oil and gas sector to cushion the effect of COVID-19 pandemic...

FG,NEXIM, Sealink sign MOU on water transportation

The Federal Government has signed a Memorandum of Understanding (MoU) with NEXIM Bank and Sealink Company to facilitate water transportation in the country in...

FG to end Monopoly of MultiChoice, DSTV

  The Federal Government has revealed plans to end the monopoly enjoyed by cable television service providers, especially Digital Satellite Television, owned by MultiChoice, a...

FG’s Domestic debt gulp N609.134 thrillion in three months

The Federal Government spent a total of N609,134,926,039.42 to service domestic debt between January and March 2020, the Debt Management Office (DMO), has revealed. A...

Nigerian govt affirms Ladol Free Zone’s 25 years land lease

The Federal government has affirmed ​the Presidential approval issued in 2018 granting Global Resource Management Limited a 25 year lease covering the entire area...

FG condemns attack on Nigerian Ghana mission

The Federal Government has condemned the two attacks on its residential buildings in Accra, describing them as criminal and outrageous, demanding urgent action from...

FG, CBN’s aggressive revenue drive may create dearth of Funds

Federal government and Central Bank of Nigeria’s aggressive revenue drive typified by tax levies and Cash reserve ratio (CRR) respectively may be counter productive...

FG sells N162.56 billion bond says DMO

The Debt Management Office, DMO, has  stated that the Federal Government  has raised N162.56 billion ($450 million) to help finance infrastructure projects through the sale...

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