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All posts tagged "government"

  • Power: Domestic obligation stalls FID on gas export

    Focus on meeting domestic gas obligations is one of the reasons the Federal Government is unable to fast track the taking of final investment decisions, FID, on major gas export projects. For years government has dilly dallied...

    • Posted February 19, 2013
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  • Fashola’s 89% budget performance bogus – PDP

    The Lagos State chapter of the Peoples Democratic Party (PDP) has described the claims by the Babatunde Fashola-led Action Congress of Nigeria (ACN) government that it achieved 89 per cent budget performance in 2012 as bogus and...

    • Posted February 18, 2013
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  • Indigenous firms call for higher allocation on crude lifting

    Firms involved in the sales of the nation’s crude oil have demanded that the Federal Government increase the allocations granted to them, as a way of encouraging local capacity. The local oil firms, have appealed to the...

    • Posted February 18, 2013
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  • Nigeria loses N6b daily on import to worsening piracy rating

    Following claims by the international community that it has substantially addressed sea piracy in the Gulf of Aden, Nigeria now risks taking over from Somalia as the worst state in terms of piracy. This, it is feared,...

    • Posted February 15, 2013
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  • FG Uncovers 45,000 Ghost Workers

    The Federal Government says it discovered 45, 000 ghost workers from 251 Ministries, Depatments and Agencies of government under the integrated Payroll and Personal Information system, IPPIS. This was disclosed by the Minister of state for Finance,...

    • Posted February 14, 2013
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  • Fashola sets October take-off target for 10.4mw Alausa power project

    Lagos State governor, Babatunde Fashola, on Tuesday said the 10.4 Mega Watts Alausa Independent Power Project (IPP) that will supply power to the entire Alausa Secretariat will be ready for commissioning by October. The governor disclosed this at...

    • Posted February 13, 2013
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  • Banks, customers disagree on CBN’s bank account categorisation policy

    Bank customers have questioned the rationale behind the new policy of the Central Bank of Nigeria (CBN) on categorisation of bank accounts, saying it is counter-productive with respect to its cashless initiative. The CBN policy categorised bank...

    • Posted February 11, 2013
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  • Lagos seals off 43 shops, arrests traders

    Lagos State Government has sealed off 43 spare parts shops and arrested eight dealers over failure to register the businesses with the government. The spare parts shops, which are located in Maza Maza, Mile 2 area of...

    • Posted February 11, 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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  • White paper on Ribadu report about Petroleum Industry out soon

    President Goodluck Jonathan on Tuesday in Abuja held a tele-conference via skype with the Super Eagles and encouraged them to win Wednesday’s AFCON 2013 semi-final match against Mali. He also encouraged them to win the tournament and...

    • Posted February 6, 2013
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