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Tag "Federal Government"

FG transfers operations of Zungeru hydropower plant to private firm

    FG transfers operations of Zungeru hydropower plant to private firm

The federal government has officially transferred the operations of the Zungeru hydroelectric power plant to Penstock Limited. According to a statement signed by Stanley Nkwocha, senior special assistant to the

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‘Businesses are dying’ — Peter Obi asks FG to stop customs FX rate increases

    ‘Businesses are dying’ — Peter Obi asks FG to stop customs FX rate increases

Peter Obi, presidential candidate of the Labour Party (LP) in the 2023 elections, has asked the federal government to end the inconsistency in customs duty charges, saying it is affecting

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FG outlines investment initiatives for economic growth, job creation

    FG outlines investment initiatives for economic growth, job creation

Doris Uzoka-Anite, minister of industry, trade and investment, has outlined key investment initiatives aimed at improving economic growth and job creation in Nigeria. Uzoka-Anite spoke on the government’s efforts to

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‘To improve global trade’ — FG to set up intelligence trade office

    ‘To improve global trade’ — FG to set up intelligence trade office

The federal government says it is taking steps to establish the Nigerian trade intelligence office to help improve global trading capabilities. This was disclosed by Doris Uzoka-Anite, minister of industry,

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MOMAN to distribute petroleum products from Dangote refinery

  MOMAN to distribute petroleum products from Dangote refinery

Barely three days after the Dangote Petroleum Refinery began production, members of the Major Oil Marketers Association of Nigeria (MOMAN)

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US firm Baker Hughes to invest in Nigerian refineries

  US firm Baker Hughes to invest in Nigerian refineries

The federal government says Baker Hughes, a global oilfield services company, has announced its willingness to invest in Nigerian refineries.

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FG withdraws $1.1bn case against Shell — after discontinuing Eni lawsuit

  FG withdraws $1.1bn case against Shell — after discontinuing Eni lawsuit

The federal government has withdrawn its $1.1 billion lawsuit against Shell Plc alleging corruption in relation to the oil prospecting

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NHRC commends FG for ratifying AU charter on rights of PWDs

  NHRC commends FG for ratifying AU charter on rights of PWDs

Tony Ojukwu, executive secretary of the National Human Rights Commission (NHRC), has commended the federal government for ratifying the rights

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FAAC: FG, states, LGAs shared N903bn as allocation in September — down by N196bn

  FAAC: FG, states, LGAs shared N903bn as allocation in September — down by N196bn

The federation account allocation committee (FAAC) says it shared N903.48 billion with the three tiers of government in September 2023.

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FG to commercialise dams for enhanced food production

  FG to commercialise dams for enhanced food production

The federal government is set to partially commercialise the dams under the twelve river basins in the country as a

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