FG Moves to Scale Up Renewable Energy Use in Nigeria, Wants Discos to Adhere to 5% Quota
The federal government yesterday moved to ramp up the deployment of renewable energy in the country, urging electricity Distribution Companies…
Tag: Federal Govt
At Last, FG, Labour End Weeks of Feud, Settle for N70,000 National Minimum Wage
After several weeks of back and forth, the federal government and organised labour, yesterday, settled for N70,000 as the new national minimum wage for Nigerian workers during a…
FG, Oil Producers Agree on Viable Crude Supply Framework to Local Refineries
In a bid to resolve the lingering inability of oil producers to adequately supply local refineries crude feedstock, the Nigerian…
FG to Empower 5,000 NYSC Members with N10m Each
The federal government has concluded plans to empower no fewer than 5,000 National Youth Service Corps (NYSC) members with N10…
FG Issues Fresh Regulations on Deduction of Withholding Tax at Source
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has released fresh regulations on withholding tax…
FG: $550m NNPC, TotalEnergies JV Ubeta Project Will Boost Domestic Gas Market
The federal government has described the Final Investment Decision (FID) on the 350 million standard cubic feet of gas per…
FG Insists Binance Executive Complicit as 16 US Lawmakers Accuse Nigeria of Taking Him Hostage
The federal government yesterday maintained that a Binance Holdings Limited executive, Tigran Gambaryan, had a case to answer after US…
FG’s CNG Programme to Slash Petrol Import by 5.5 Billion Litres, $4.4 Billion Yearly
The federal government yesterday disclosed that the new Compressed Natural Gas (CNG) programme will reduce the country’s petrol imports by…
Oniha: FG Raises N4.5tn from Domestic Market to Finance 2024 Budget Deficit
The Director-General, Debt Management Office (DMO), Ms. Patience Oniha, yesterday disclosed that N4.5 trillion has been raised out of N6…
FG Seeks New Buyers for Discos Under Receivership within 3 Months
The federal government yesterday disclosed that it was seeking within the next three months, new buyers for distressed power Distribution…