Tag: FG

The Federal Government, on Monday, revealed that more than N4.3tn worth of crude oil was stolen in 7,143 pipeline vandalism cases within a period of five years. It disclosed this ...

The Federal Government has earmarked N100bn to finance the construction of 40,000 units of housing under the ‘renewed hope’ agenda and upgrade of slums and urban renewal and provision of ...

The Group Managing Director, Eterna Plc, Dr. Gabriel Ogbechie, has emphasised that increasing Nigeria’s crude oil production is a solution to the current economic challenges facing the country. He made these ...

The Federal Government of Nigeria has officially commissioned a pilot conversion centre for vehicles that will run on compressed natural gas in the Federal Capital Territory. It said the centre ...

The Federal Government, on Wednesday, met with operators of domestic refineries in a bid to address concerns about the unavailability of crude oil for indigenous refiners. It specifically stated that ...

The Federal Government has set aside N575.6bn in its special funding budget to boost the fight against insecurity and prosecute the ongoing anti-insurgency war. Under this, a total of N184.25bn ...

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has said the Federal Government will cancel about 97 marginal field awards, due to the awardees’ inability to begin crude ...

The Federal Government has signed a $463m power distribution lines upgrade contract with a Chinese consortium. While making the announcement in Abuja on Thursday, the government explained that the contract ...

THE Federal Government through the Nigerian Shippers Council, NSC, yesterday reduced port terminal charges by 33 per cent from to 400 per cent to 600 per cent of storage. But the ...

A whopping N12.384 trillion will be forgone by the Federal Government (FG) will forgo N12.4 trillion as tax waivers, concessions and incentives in the four years (2023 – 2026). Beneficiaries of these ...