Thursday, May 23, 2019

Tag "FG"

    FRSC wants FG to ban commercial motorcycles nationwide

FRSC wants FG to ban commercial motorcycles nationwide

The Federal Road Safety Corps (FRSC) has advised the federal government to issue a nationwide ban on commercial motorcycles popularly known as 'Okada'.The recommendation was part of the October Road Traffic Crash Report 2016 submitted by the corps marshal, Boboye Oyeyemi, to the secretary to the government of the federation (SGF), Babachir Lawal.Oyeyemi was quoted as saying that commercial motorcyclists [...]

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    Court orders return of Malabu oil block, OPL 245, to FG

Court orders return of Malabu oil block, OPL 245, to FG

The federal high court, Abuja, has given the federal government control of the controversial OPL 245, pending investigation into the $1.1 billion Malabu oil deal.John Tsoho, a judge, gave the order, following an ex parte motion filed by the Economic and Financial Crimes Commission (EFCC).The OPL245 was said to have been acquired from the federal government by Malabu Oil and Gas [...]

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    FG: Importation of drugs remains banned

FG: Importation of drugs remains banned

The federal government says drugs, and other pharmaceutical products, are prohibited from being imported into Nigeria, and local manufacturers with special permission to import must pay 20 percent duty.In a statement by Salisu Dambatta, director information, ministry of finance, the government said it indeed reduced tariff on some goods, dismissing speculations on tariff hike.Earlier, Nigerians had accused the government of [...]

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    BBOG to resume protests on 1,000th day of Chibok girls’ abduction

BBOG to resume protests on 1,000th day of Chibok girls’ abduction

The Bring Back Our Girls campaigners say they will resume a fresh round of protest to demand the release of the remaining 196 Chibok schoolgirls abducted by Boko Haram in April 2014.The group, in a statement on Tuesday, said the protest will commence on January in commemoration of the 1000th day since the girls were abducted.“Painfully, we are only a [...]

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    Ex-militants are suffering, IYC tells FG

Ex-militants are suffering, IYC tells FG

The Ijaw Youth Council (IYC) on Wednesday called on the federal government to pay the backlog of stipends owed ex-militants.Eric Omare, the council’s spokesman, made the call in a statement, saying the former agitators are suffering.Omare said the IYC was not happy with the disposition of Paul Boroh, coordinator of the amnesty programme, towards facilitating  the release of the stipends.He [...]

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    MTN has paid N80bn of N330bn fine, says FG

MTN has paid N80bn of N330bn fine, says FG

The federal government says MTN had paid N80 billion of the N330 billion fine imposed on it for failing to deactivate more than five million unregistered SIM cards.Adebayo Shittu, minister of communications, disclosed this at a forum organised by NAN in Abuja.He said the company paid the sum for the first year.MTN was initially fined 5.2 billion dollars (N1.04 trillion) but [...]

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    We’ll continue the work on second Niger bridge, says Fashola

We’ll continue the work on second Niger bridge, says Fashola

Babatunde Fashola, minister of power, works and housing, says the federal executive council (FEC) has approved the continuation of work on the second Niger bridge.Speaking with journalists after the FEC meeting on Wednesday, Fashola emphasised the importance of the bridge in connecting the west and eastern parts of the country."The bridge is meant to give relief to the existing Niger [...]

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    FG finally pays Falcons but NOT in full

FG finally pays Falcons but NOT in full

The Super Falcons of Nigeria on Friday ‎finally got paid by the federal government on Wednesday, but what they received was not their full entitlement.The eight-time African champions had resorted to protesting the non-payment of their allowances and match bonuses on Wednesday before their plight was taken seriously.Subsequently, the government approved the release of funds to the Nigeria Football Federation (NFF) [...]

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    Federal, states ‘must step up efforts against malaria’

Federal, states ‘must step up efforts against malaria’

The federal and state governments have to do more as regards the intervention and treatment of malaria, as the fight to eliminate malaria is mostly donor driven.The National Malaria Elimination Programme (NMEP) and the Society for Family Health (SFH), implementation partners of the global fund for malaria programme in Nigeria, lament this situation saying governments at all level can do [...]

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    FG not committed to ending southern Kaduna  killings, says rep

FG not committed to ending southern Kaduna killings, says rep

Jagaba Jagaba, a house of representatives member, says there is no commitment by the federal government to end the killings in the southern part of Kaduna state.Fulani herdsmen have been accused of carrying out the killings.Jagaba said this while contributing to a motion to investigate the killings and destruction of property in the the affected areas moved by Simon Arabor."There [...]

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    FG employs 200,000 graduates, places them on N30,000 salary

FG employs 200,000 graduates, places them on N30,000 salary

The federal government has employed 200, 000 graduates to work as teachers and agricultural extension workers across the country.Laolu Akande, senior special assistant to the vice president on media, disclosed this at the second presidential economic communication workshop in Abuja on Friday.He said they would only work for two years."We have selected 200,000 graduates out of 500,000. This is the [...]

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    3 supreme court officials charged over N2.2bn ‘fraud’

3 supreme court officials charged over N2.2bn ‘fraud’

The federal government on Thursday charged three supreme court officials with a N2.2 billion fraud.The officials are Ahmed Gambo Saleh, Muhammed Sharif and Rilwanu Lawal.They were accused of diverting N2.2 billion, belonging to the apex court into a personal bank account between 2009 and 2016.They were said to have received gratification to the sum of N10 million from Willysdave Ltd, a [...]

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    FG approves 8 new universities

FG approves 8 new universities

The federal government has approved the establishment of eight new private universities.Anthony Anwuka, minister of state for education, disclosed this while addressing state house correspondents at the end of Wednesday's federal executive council (FEC).Anwuka said the ministry of education had sought for approval after the NUC made recommendation.The universities are Anchor University, Ayobo, Lagos; Arthur Jarvis Akpabuyo University, Calabar, Cross [...]

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    For the 5th time, FG fails to produce Dasuki in court

For the 5th time, FG fails to produce Dasuki in court

The trial of Sambo Dasuki, former national security adviser (NSA), at an Abuja high court did not commence ‎on Thursday owing to the inability of the federal government to make him available.Dasuki is facing 22-count charges of money laundering and criminal breach of trust brought against him by the Economic and Financial Crimes Commission (EFCC).Over the course of his trial, [...]

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    4 things Niger Delta monarchs want from FG if peace must return to the region

4 things Niger Delta monarchs want from FG if peace must return to the region

Niger Delta leaders on Thursday listed to the federal government, four key issues causing agitation in the oil-rich region.The region's monarchs demanded the return of a golden sword taken from Gbaramatu kingdom by Nigerian troops, the opening of maritime university, the release of 10 youths arrested during a raid on Oporoza community and cessation of hostilities by the militaryThey said peace and confidence of [...]

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    FG revokes license of firm over ‘illicit’ diversion of explosives

FG revokes license of firm over ‘illicit’ diversion of explosives

The federal government has blacklisted a private firm operating in Koko, Delta state, for allegedly diverting explosives.Kayode Fayemi, minister of solid mineral development, has also ordered the sealing off of the company's premises and withdrawal of its explosive distribution licenses."The action by the government followed the outcome of investigations by the office of the national security adviser (NSA), which revealed [...]

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Exchange Rates

May 16, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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