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All posts tagged "Federal Government"

  • 3rd Mainland Bridge: ‘Don’t toy with 350,000 motorists’ lives’ – Senator Ashafa

    Senator Gbenga Ashafa yesterday called on the Federal Government not to risk the lives of about 350, 000 Lagosians that use the nation’s longest bridge, the Third Mainland Bridge daily. He said investigation recently carried out by...

    • Posted February 11, 2013
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  • NSE to reduce transaction charges on corporate bond

    The Nigerian Stock Exchange, NSE, may review transaction charges on State/ Local Governments/Corporate bonds following complaints from stakeholders in the capital market. The NSE had from February 1, when retail bond trading commenced, set N1 charges on...

    • Posted February 11, 2013
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  • 98% of federal pensioners are unpaid — FCP

    There appears no respite yet for federal pensioners, as about 98 per cent of them have been reportedly denied monthly stipends for three months. The Lagos State Coordinator, Federal Concerned Pensioners, Mr. David Adodo, stated this in...

    • Posted February 10, 2013
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  • Delta State Government, FG to acquire 6,000 hectares for cassava production

    Misan Ukubeyinje, the Delta Commissioner for Agriculture and Natural Resources says the state and the Federal Government will acquire 6,000 hectares of land to boost cassava production in the state. Ukubeyinje said this on Wednesday in Asaba...

    • Posted February 8, 2013
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  • FG awards contract for dredging Calabar Port

    The Managing Director, Nigerian Ports Authority (NPA), Habib Abdulahi, said on Thursday that the Federal Government had awarded the contract for the dredging of Calabar Port. Abdulahi gave the information when he paid a courtesy visit to...

    • Posted February 8, 2013
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  • Margaret Ekpo International Airport to be converted to Cargo Airport

    In line with the Aviation Minister’s Cargo Perishable Initiative, the Margaret Ekpo International Airport, Calabar has been designated as one of the nation’s Agro-Perishable cargo airports. This was disclosed by the Director, Cargo Development, Federal Airport Authority...

    • Posted February 7, 2013
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  • FG to begin concessioning of Onitsha Ports in two weeks

    FOUR months after commissioning the project, the Federal Government, through the Infrastructure Concession Regulatory Commission (ICRC), is to begin the process of concessioning the Onitsha River Port to a private individual in the next two weeks. The...

    • Posted February 7, 2013
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  • FG may dump Ribadu’s report on oil industry

    There are strong indications that the Federal Government has commenced moves to kill the report of the Petroleum Revenue Special Task force headed by ex-boss of Economic and Financial Crimes Commission, Nuhu Ribadu. Three months after the...

    • Posted February 5, 2013
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  • Squandering of $67b reserves: Ezekwesili stands firm

    AMID denials and counter-allegations, former Vice President of the World Bank, Ms. Obiageli Kathryn Ezekwesili, has renewed her charge of government frittering $67 billion reserves, including accruals to the Excess Crude Account (ECA), in the last six...

    • Posted February 3, 2013
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  • Nigeria’s domestic debt rises to N6.54trillion

    The Federal Government borrowed a total of N914.69bn from domestic sources in the last one year, bringing its total domestic debts to N6.54tn, information made available by the Debt Management Office has shown. Statistics posted on the...

    • Posted February 1, 2013
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