Tag: FG

The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, says it has issued a total of 94 importation licences to oil marketers. This was revealed by the ...

The Lift Above Poverty Organisation has reiterated the position of the Federal Ministry of Budget and National Economic Planning that the private sector is critical to driving the economic growth ...

The Federal Executive Council on Monday approved the application for a $3.45bn loan to finance five items. They include projects in the power sector, renewable energy, states’ resource mobilisation programme, ...

The Federal Government, on Sunday, announced that it attracted over $2bn in investments in the renewable energy sector over the past decade. It announced this through the Rural Electrification Agency, ...

The Federal Government’s debt to the Central Bank of Nigeria through the Ways and Means Advances fell to N4.36tn after most of it was restructured in June, 2023, Saturday PUNCH has learnt. ...

The Federal Government in collaboration with the Central Bank of Nigeria, has said it would finance production of four million prepaid meters locally, a power sector document obtained by The PUNCH on ...

Over 100 mini-electricity grids are currently in operation across the country, making Nigeria one of the largest mini-grid markets in Africa, the Federal Government revealed on Tuesday. It disclosed this ...

The switch from the use of Premium Motor Spirit, popularly called petrol, to autogas will save about N1.84tn monthly for commercial vehicle operators in Nigeria, the Federal Government has said. ...

The Federal Government, on Tuesday, raised concern over the performance of the Value Added Tax in Nigeria as the lowest in the West African region. While describing the development as ...

Nigeria currently accounts for 33 per cent of the total gas reserves in Africa, the Federal Government said on Monday. While disclosing this through the Nigerian Upstream Petroleum Regulatory Commission, ...