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All posts tagged "FG"

  • Sanusi tells FG to appoint deputy governor as CBN boss

    Former Central Bank of Nigeria (CBN) Governor, Chief Joseph Sanusi has called on the Federal Government to appoint one of the deputy governors of the apex bank as governor at the expiration of the tenure of the...

    • Posted October 19, 2015
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  • Aiteo to boost FG local content aspiration with $2.8billion

    Aiteo Group, one of Africa’s foremost conglomerates, leading a consortium of five other companies has won the bid for the Royal Dutch Shell’s prolific Nigerian oil block, Oil Mining License 29 and an associated pipeline with a...

    • Posted October 10, 2014
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  • FG
    FG calls for trucks’ holding bay in Lagos

    The Federal Government on Tuesday, urged Lagos State to build permanent holding bay for trucks and tankers to park, to ease the logjam around Apapa area of the State. The Minister of State for Defence, Musiliu Obanikoro,...

    • Posted July 31, 2014
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  • FG to boost Bank of Industry’s capital base to N45bn

    The Federal Government is making arrangements to boost the capital base of the Bank of Industry to N45 billion, according to the Managing Director of the bank, Dr Mohammed Santuraki. Santuraki disclosed in an interview with newsmen...

    • Posted February 28, 2013
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  • Power supply: FG installs three power sub-stations in Lagos

    The Federal Government, Wednesday, gave a boost to power supply in the country with the acquisition and installation of three units of 15 MVA (Megavolt Ampere) injection sub-stations in Lagos. Speaking during the commissioning of the three...

    • Posted February 27, 2013
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  • FG to sanction MDAs for nonpayment of insurance premium

    The Federal Government has directed its ministries, departments and agencies (MDAs) to comply with section 50(1) of the Insurance Act 2003, which requires that premiums be paid in advance for all insurance contracts or be sanctioned. The...

    • Posted February 22, 2013
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  • FG pledges more cities as Eko Atlantic City achieves 5m/sqm land

    The Federal Government has said that more cities will be built across the country in the next few years in recognition of their potential for economic growth. Some of the cities, according to the government, will be...

    • Posted February 22, 2013
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  • FG recovered N26bn from subsidy cabal – Okonjo-Iweala

    The Federal Government yesterday said it has so far recovered about N26 billion from the petroleum subsidy cabal which defrauded government of about N232billion last year. Co-ordinating Minister for the Economy and Minister of Finance,  Ngozi Okonjo-Iweala...

    • Posted February 22, 2013
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  • FG pays N384billion entitlements of PHCN staff

    The Federal Government has announced the payment of N384billion for all outstanding entitlements of staff of the Power Holding Company of Nigeria (PHCN). The Minister of Labour, Emeka Wogu who briefed alongside the minster of Power, Chinedu...

    • Posted February 21, 2013
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  • Power privatization: FG to sign deal with winners soon

    In its efforts  towards boosting the   confidence of investors in the transformation agenda of President Goodluck Jonathan, the Federal Government had assured Nigerians of its willingness to sign all necessary agreements with the bid winners of...

    • Posted February 21, 2013
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