Federal Government
1 May
The Federal Government has launched the 62km Port-Harcourt to Aba rail service and declared a four-day free train ride for passengers. The Minister of Transportation, Senator Sa'idu Ahmed Alkali, officially flagged off the commencement of the rail service in Port-Harcourt on Tuesday. Alkali in his address noted that transportation is amongst the eight key priority…
1 May
A month-old clip from a meeting between APM Terminals executives and officials of the Nigerian government is gaining traction on social media amid controversies about a $600m investment by the Danish logistics company. APM Terminals is owned by A.P Molller-Maersk. On February 9, Nigeria's Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite, tweeted a…
30 Apr
The Presidential candidate of the Labour Party (LP) for the 2023 general elections, Peter Obi, on Tuesday hit out at President Bola Tinubu's government over the construction of the Lagos-Calabar Coastal Highway. Obi in a post on his X handle questioned the Federal Government over the construction of the Highway, calling it a 'misplaced priority'.…
30 Apr
The Federal Government (FG) has told Nigerians to accept the new electricity tariff being proposed or face a total blackout. Minister of Power, Adebayo Adelabu, said this on Monday while he also issued a warning that failure to implement the tariff hike will lead to total blackout in Nigeria in the next three months. READ…
29 Apr
The Federal Government has declared open a portal where Nigerian youth can register for $617 million worth of up-skill, startup funding. This was made known on Monday in a statement by the Bank of Industry (BOI). "Calling all Nigerian youths! FGN has provided $617 million for up-skilling, startup funding, catalytic infrastructure, and policy advocacy," BOI…
27 Apr
The Prelate, Methodist Church Nigeria, His Eminence, Dr. Oliver Ali Aba, has urged the Federal Government to focus on long-term measures that would address the country’s challenges instead of distributing palliatives to curb the current suffering of Nigerians.
26 Apr
The Nigerian Government is in talks with a Russian consortium to revive the Ajaokuta Steel Company Limited (ASCL). President Bola Tinubu's aide on media, Bayo Onanuga, disclosed this on Friday in a statement. "Minister of Steel Development, Prince Shuaibu Abubakar Audu, has engaged a consortium led by the original developers of Ajaokuta Steel Company Limited…
24 Apr
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…
22 Apr
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…
22 Apr
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…
21 Apr
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…
17 Apr
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…