In furtherance of efforts to sanitize the mining sector, the federal government has revoked 924 dormant licences spanning exploration, mining, small-scale mining, and quarrying Licenses, six months after revoking 1,663 licences. The revocation licences include 528 exploration licenses; 20 mining licences; 101 quarry licenses, and 273 Small Scale Mining Licenses (SSML). Minister of Solid Minerals…

The Nigerian Government has launched the Micro, Small and Medium Enterprises (MSME) and Manufacturing segment of the Presidential N200 billion Intervention Fund. Minister of Industry, Trade and Investment, Doris Uzoka-Anite, announced the launch of the Intervention Fund in a statement on Monday. Uzoka-Anite said with applications for the Presidential Conditional Grant Scheme now closed, the…

The Presidential candidate of the Labour Party (LP) for the 2023 general elections, Peter Obi, has questioned the Federal Government over the construction of the Lagos-Calabar Coastal Highway. Obi in a post on X said he has closely followed the comments and developments arising from the super highway project. He said he is hesitant to…

The Nigerian government is on the verge of receiving a fresh $2.2 billion single-digit interest loan from the World bank. Minister of Finance and Coordinating Minister for the Economy, Olawale Edun, disclosed this at a press briefing in Washington DC, United States on Saturday. Edun also said at the end of Nigeria’s activities at the…

The Federal Government has pledged to address the issue of rising prices of goods and services in Nigeria. The acting Vice Chairman/CEO of the Federal Competition and Consumer Protection Commission (FCCPC), Dr. Adamu Abdullahi, disclosed this in a statement on Wednesday. The prices of food items and commodities have spiked in recent months despite the…

The Federal Government said it is planning to reduce the cost of tax expenditure and ensure tax incentives aimed at impacting the economy positively. The Ministry of Finance made this known on Monday in a statement by spokesperson, Mohammed Manga. Manga said to achieve this, the Minister of Finance and Coordinating Minister of the Economy,…

The Federal Government has concluded the allocation for the first batch of completed houses across the 36 states of Nigeria. Salisu Haiba, spokesperson for the Permanent Secretary of the Ministry of Housing and Urban Development, Dr. Marcus Ogunbiyi disclosed this in a statement. Ogunbiyi said the first batch of the allocation process for successful applicants…

The Federal Government said it will prosecute those caught spiking the prices of goods and commodities across Nigeria. The Federal Competition and Consumer Protection Commission (FCCPC) said this in a statement where it addressed the issues of arbitrary price increases and dollar brouhaha. FCCPC said it acknowledges that the rising cost of essential goods impacts…

Federal Government has relaunched Citizens’ Delivery Tracker for projects monitoring and policies. 

The federal government has expressed its readiness to engage industry professionals for policies that would drive economic sustainable development.

The Federal Government has set 2027 as the year when at least one million vehicles in Nigeria will run on Compressed Natural Gas (CNG). The Project Director for Presidential Compressed Natural Gas Initiative (PCNGI), Michael Oluwagbemi disclosed that this is the target set by President Bola Ahmed Tinubu. According to Oluwagbemi, the target will see…

Zamfara State Governor, Dauda Lawal, has urged the Federal Government to enhance the completion and utilization of the ongoing dam projects in his state. Governor Lawal made the appeal when he visited the Minister of Water Resources and Sanitation, Prof. Joseph Terlumun Utsav, in Abuja. A statement on Wednesday made available to The Guardian by…