Lokpobiri: FG Targets 40,000bpd from NNPC, WAEP, Century FPSO JV in Lagos
The federal government at the weekend said it was eyeing the production of an additional 40,000 barrels per day to…
Tag: Federal Govt
What FG Must Do: Support Most Vulnerable with Cash Payments, Fight Corruption, Lead By Example
With the full deregulation of the price of petrol nationwide, the federal government must quickly move to mitigate the harsh…
Lokpobiri: FG Anticipates $50 Billion Investment into Oil Sector Before Year-end
With foreign/local investors’ concerns being addressed, coupled with the “audacious’’ efforts to boost oil production to about 2.7 barrels per…
FG Unveils New Fiscal Incentives to Boost Oil, Gas Sector
The federal government has unveiled a set of fiscal incentives and concessions designed to bolster operations in the nation’s upstream…
Tinubu Upbeat on Economy as Nigeria Records N6.95tn Trade Surplus in Q2
The country’s total external merchandise trade recorded a favourable trade balance of N6.5 trillion in the second quarter of the…
FG Assures on Tech Integration in Addressing Educational Challenges
Vice President Kashim Shettima has assured that the federal government would integrate technology into the nation’s educational infrastructure to address…
In Unprecedented Feat, Nigeria Raises over $900m in Domestic FGN US Dollar Bond
In an unprecedented move aimed at strengthening the economy and advancing financial inclusion, the Federal Government has raised over $900million…
FG Begins Sale of 30,000MT of Milled Rice at Subsidised Rate to Nigerians
Minister of Agriculture and Food Security, Senator, Abubakar Kyari, yesterday flagged-off the sale of 30,000 Metric Tons (MT) of FGN…
Electricity Supply: FG Pays N205bn from N1.3tn Owed Power Generation Companies
The federal government yesterday said it had offset N205 billion from the N1.3 trillion debt owed Generation Companies (Gencos) to…
FG to Chinese Firm: Our Jets Are Sovereign Assets, Immune from Seizure
The federal government, yesterday, reacted to the alleged seizure of three presidential planes in Paris, France, following a dispute between…