Federal Government
12 Dec
Sir: The reason the number of out-of-school children keep increasing is gradually being unveiled and what is left is for the Federal Government to take proactive steps towards addressing the issue once and for all and with all the seriousness it deserves.
2 Dec
The federal government has announced the launch of Eurobonds worth $500 million under its Global Medium Term Note Programme to finance the 2024 budget deficit. The federal government intends to issue the Eurobonds in two tranches. The first is a six-and-a-half-year bond with a coupon rate of 10.125 per cent, while the second tranche is…
2 Dec
The Federal Government says all palliative repairs on bad spots of Federal and state roads within Anambra, Ebonyi and Enugu States have been ongoing smoothly and seamlessly. They made the disclosure while responding to a News Agency of Nigeria (NAN) Survey, entitled, “Terrible State of Nigerian Roads.’’ The Federal Controller of Works, Enugu State, Mr…
22 Nov
The Lagos Chamber of Commerce and Industry (LCCI) has expressed concerns over the Federal Government’s plan to borrow $2.2 billion, warning of potential debt sustainability issues and impacts on infrastructure. The chamber, in a statement on Friday in Lagos, said that there was need for diversifying funding sources beyond debt financing. Its Director-General, Dr Chinyere…
28 Oct
The Federal Government of Nigeria has inducted no fewer than 123 officers into the Command and Control Centre facility at the Nigeria Immigration Service (NIS) to reinforce the country’s border control, security, and governance capabilities. Speaking during the induction ceremony on Monday in Abuja, the Minister of Interior, Dr. Olubunmi Tunji-Ojo said that the strategic…
17 Oct
The Federal Government has pledged to strengthen institutions to combat poverty and humanitarian crises in Nigeria. Mr. Abel Enitan, Permanent Secretary of the Federal Ministry of Humanitarian Affairs and Poverty Alleviation, made this statement at the 2024 International Poverty Eradication Day event in Abuja on Thursday. “We prioritize vocational training, job creation, and local government…
8 Oct
The Federal Government has assured that the ongoing construction of the first 47 kilometers of the Lagos-Calabar Coastal Highway will be ready by May 2025. The Minister of Works, Sen. David Umahi, gave the assurance while inspecting an evacuated but now refilled section of the road that had served as a refuse dumpsite. Umahi said…
6 Oct
Mr. Chinedu Bosah, National Coordinator, of the Coalition for Affordable and Regular Electricity (CARE), says the Federal Government needs to significantly invest in the power sector to address citizens’ energy demands. READ ALSO:FG pledges electricity scale up, drop in cost Bosah made the call in an interview with the News Agency of…
11 Sep
The recently issued 500 million dollars Federal Government (FGN) bond has recorded a subscription of 900 million dollars, indicating an over subscription to the tune of 400 million dollars. This is according to a statement by Mr. Mohammed Manga, Director, Information and Public Relations, Federal Ministry of Finance and Economic Planning. Manga said that in…
9 Sep
The Federal Government and stakeholders have agreed to collaborate in boosting the productivity of the country’s poultry sector. Winnie Lai-Solarin, Director, Department of Animal Husbandry Services, Federal Ministry of Agriculture and Food Security (FMAFS), communicated this in a statement on Monday in Abuja. The statement, issued by the Country Representative of AFOS Nig-INGO, Juliet Adekoya,…
9 Sep
Nigeria’s Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has expressed deep sorrow and offered condolences to the government and people of Niger State following the tragic petrol tanker explosion on the Bida-Agaie-Lapai road on Sunday. The explosion claimed several lives, left many injured, and caused widespread damage. READ MORE: Tanker explosion claims 48…
3 Sep
The Federal Government has strongly denied recent media reports claiming that the Ministry of Petroleum has directed the Nigerian National Petroleum Company Limited (NNPCL) to sell fuel at ₦1000 per litre, well above the approved pump price. These reports suggested that the Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, had given the…