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All posts tagged "Federal Government"

  • AGF yet to receive PHCN workers severance payment

    The Office of the Accountant General of the Federation has yet to receive the severance package of workers of the Power Holding Company of Nigeria, investigations have revealed. The National Council on Privatisation chaired by Vice-President Namadi...

    • Posted September 25, 2013
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  • It’s crazy to spend $8bn on fuel importation – Ben Bruce

    Federal government came under a heavy knock from the Chairman of Silver Bird Group, Ben Bruce , when he  lashed out on the government for spending $8 billion on fuel importation annually. Bruce was speaking in Abuja...

    • Posted September 21, 2013
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  • FG directs Julius Berger to rehabilitate Lagos-Ibadan expressway – Director

    The Federal Government on Wednesday directed Julius Berger to begin rehabilitation of the bad portions on Lagos-Ibadan expressway to reduce hardship faced by motorists. The Director of Federal Highways (South West), Federal Ministry of Works, said this...

    • Posted September 18, 2013
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  • Nigeria, France to set up trade, investment council

    The Federal Government on Monday began moves towards setting up the Franco-Nigeria Trade and Investment Council. Both countries have also agreed to collaborate in order to develop their respective Small and Medium-scale Enterprises. The FNIC, according to...

    • Posted September 18, 2013
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  • FG’s mortgage refinancing initiative raises dusts

    WHEN the Federal Government, in June, announced that it would  launch the newly established Mortgage Refinance Company, MRC, by September, there were mixed feelings across the country. This was not unconnected with the assumption that government may...

    • Posted September 16, 2013
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  • Government realised N1tn revenue in July – CBN

    The country realised a total of N1.05tn in federally collected revenue in July, according to the monthly report posted on the Central Bank of Nigeria’s website on Thursday. The amount represents an increase of 33.7 per cent...

    • Posted September 14, 2013
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  • Respect privatisation deal – Power firms tell FG

    As Nigeria concludes power sector privatisation by handing everything over to private investors, successful buyers of the respective electricity firms have outlined reasons why the Federal Government must keep to the agreements reached during the process. The...

    • Posted September 8, 2013
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  • Agric loan: Farmers applaud FG over one-digit interest

    The age of high interest rate might soon be over for farmers, as the Federal Government approves a grant of N15 billion to the Bank of Agriculture (BOA) for farmers at a single digit interest rate for the...

    • Posted September 8, 2013
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  • Okonjo-Iweala, Johnson lead NSE’s listing drive

    The Federal Government has intensified efforts to get more companies, especially those in the telecoms and oil and gas sectors, listed on the Nigerian Stock Exchange. The Coordinating Minister of the Economy and Minister of Finance, Dr....

    • Posted August 18, 2013
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  • Privatization: FG hands over PHCN to new investors September 21

    The Federal Government will hand over privatized successor companies of the Power Holding Company of Nigeria, PHCN, to private investors on September 21, 2013, if the investors pay on schedule. The Director-General of the Bureau of Public...

    • Posted August 10, 2013
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