Saturday, November 17, 2018

Tag "FG"

    Environmental degradation: FG orders 313 mining companies to ‘stop work’

Environmental degradation: FG orders 313 mining companies to ‘stop work’

No fewer than 313 mining companies have been sanctioned by the federal government over non-fulfilment of environmental obligations.Salim Salaam, the director, mines environmental compliance department, ministry of mines and steel development, disclosed this to the News Agency of Nigeria (NAN) on Tuesday in Abuja.Salaam said the mining operators were issued sanction letters on March 20 for failing to conduct Environmental [...]

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    FG to launch immigration regulations with ‘updated structure, functions of NIS’

FG to launch immigration regulations with ‘updated structure, functions of NIS’

Minister of interior, Abdulrahman Dambazau, will on Monday launch the new immigration regulations, 2017 to ensure better security and immigration in the country.Sunday James, the spokesperson for the Nigeria Immigration Service (NIS), disclosed this in an interview with the News Agency of Nigeria on Saturday in Abuja.He said that the immigration regulations, 2017 was a vital document that sought to [...]

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    FG to set up committee to negotiate new minimum wage with labour unions

FG to set up committee to negotiate new minimum wage with labour unions

President Muhammadu Buhari is set to give the go-ahead for a 29-man committee and organised labour to negotiate a new national minimum wage for workers, minister of labour and employment, Chris Ngige, has said.Ngige said a meeting was held on Tuesday between the government and labour unions to finalise the report of an earlier constituted technical committee.The minister made [...]

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    149, 669 graduates paid 30,000 under N-Power scheme, says FG

149, 669 graduates paid 30,000 under N-Power scheme, says FG

The federal government says not less than 149, 669 of the 200,000 graduates engaged under the N-Power volunteer corps scheme have been paid a stipend of N30,000.Laolu Akande, media aide of Vice President Yemi Osinbajo, said this in a statement released on Tuesday.He said the federal government has also approved N4,500 for 200,000 N-Power beneficiaries to purchase electronic devices which [...]

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    Drive ICT, fill vacancies at FIRS, EFCC…Buhari’s plan to create 3.75m jobs in 2017

Drive ICT, fill vacancies at FIRS, EFCC…Buhari’s plan to create 3.75m jobs in 2017

The Economic Recovery and Growth Plan (ERGP) unveiled by the Muhammadu Buhari government on Tuesday, seeks to create 15 million jobs by 2020 and 3.75 million jobs in 2017.A breakdown in the plan shows that the government hopes to create jobs by filling up vacancies in ministries, departments and agencies of government, while also boosting agriculture and Information and Communications [...]

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    Presidential aide advises Nigerians to postpone US trips

Presidential aide advises Nigerians to postpone US trips

Nigerians who have no urgent reason to travel to the US have been advised to postpone their trips.Abike Dabiri-Erewa, senior special assistant to the president on foreign affairs and diaspora, gave the advice in a statement issued on Monday.Dabiri-Erewa said it had become important to issue the warning after the reports of Nigerians being denied entry into the US."In the last [...]

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    FG to sell bag of fertiliser for ‘less than N6,000’

FG to sell bag of fertiliser for ‘less than N6,000’

The federal government will put fertiliser on the market for less than N6,000 per bag, Audu Ogbeh, minister of agriculture and rural development, has said.Ogbeh reportedly gave the assurance when he appeared on News Agency of Nigeria (NAN) Forum on Sunday in Abuja.He said that Nigeria and Morocco have signed an agreement for Morocco to supply fertiliser to Nigeria."We’ve just signed [...]

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    FG responds to ‘distress call’, evacuates 41 girls from Mali

FG responds to ‘distress call’, evacuates 41 girls from Mali

Forty-one Nigerian human trafficking victims were on Monday evacuated from Bamako, Mail, by the federal government.The girls arrived Murtala Muhammed International Airport in Lagos aboard a Nigeria air force plane.Abike Dabiri-Erewa, senior special assistant to the president on diaspora matters, and officials of the National Agency for Protection and Trafficking in Persons (NAPTIP) welcomed the victims back to the country.Dabiri-Erewa [...]

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    FG ‘still owing oil marketers N300bn subsidy arrears’

FG ‘still owing oil marketers N300bn subsidy arrears’

The federal government is yet to pay over N300 billion subsidy claims of major oil marketers for fuel imports between 2014-2015, says Akin Akinfemiwa, group chief executive officer of Forte Oil Nigeria.Akinfemiwa made the disclosure on Thursday when he appeared before the house of representatives ad hoc committee investigating debts owed to the Petroleum Pipeline Marketing Company (PPMC) by oil [...]

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    Fayose confirms release of Ekiti’s January allocation

Fayose confirms release of Ekiti’s January allocation

Ayodele Fayose, Ekiti governor, has said the federal government has released the withheld January budget support fund (BSF) to the state.Fayose made this known on Saturday while speaking on a live programme tagged ‘Meet Your Governor’ aired on the state-owned Ekiti television and radio stations.He had earlier accused the federal government and the ministry of finance of intentionally withholding the [...]

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    FG has seized Ekiti’s January allocation, says Fayose

FG has seized Ekiti’s January allocation, says Fayose

Ayodele Fayose, governor of Ekiti state, has accused the federal government of deliberately withholding the monthly allocation of his state.He said this while briefing reporters at the government house, Ekiti.Fayose alleged that there were plans to inhibit ongoing projects in the state, revealing that a protest letter had been sent to Kemi Adeosun, minister of finance, but that there had been no [...]

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    FG: So far, we’ve moved N5.24trn into TSA

FG: So far, we’ve moved N5.24trn into TSA

Ali Ahmed Idris, the accountant-general of the federation, on Tuesday, said a total sum of N5.24trn had been "mopped up" into the treasury single account (TSA).Idris also disclosed that over 20,000 accounts with deposit money banks belonging to ministries, departments and agencies have been closed down since the inception of the TSA.Idris made this known while speaking at the opening [...]

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    New management of Arik hires KPMG to audit airline’s financial status

New management of Arik hires KPMG to audit airline’s financial status

The new management of Arik Air has appointed KPMG, one of the big four audit firms in the world, to undertake a forensic and diagnostic audit to ascertain the true status of its finances.The audit will among other objectives cover "the position of assets and liabilities, and their utilisation; recording and utilisation of loans, propriety of third party transactions; fraud [...]

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    Amputate looters so that we can recognise them, Labour tells FG

Amputate looters so that we can recognise them, Labour tells FG

The Nigeria Labour Congress (NLC) has advised the federal government to start amputating looters of public funds.Ayuba Wabba, NLC President, made the recommendation on Thursday while addressing protesters at Unity Fountain, in Abuja, The Nation reports.Wabba said Nigerians will be able to recognise those stealing public funds if "one of their hands" is cut off as a form of punishment."We must not allow a [...]

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    FG: We’ve uncovered the reason behind high cost of food, solution is next

FG: We’ve uncovered the reason behind high cost of food, solution is next

The federal government says it will force down price of food commodities by using railway to transport it across the country.The government had set up a committee to recommend ways through which the prices of food commodities would be slashed.Speaking with journalists after the committee submitted its report to federal executive council on Wednesday, Audu Ogbeh, minister of agriculture, explained [...]

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    Foreign investors can now get Nigerian visa within 48 hours, says Enelamah

Foreign investors can now get Nigerian visa within 48 hours, says Enelamah

Okechukwu Enelamah, the minister of industry, trade and investment, says anyone interested in doing business in Nigeria can now get a visa in 48 hours.The minister said the federal government had issued a directive to this effect, noting that it was important to make it easy for potential investors to do business in Nigeria.THISDAY reports that the minister made this known at [...]

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Exchange Rates

November 16, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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