FG Approves N11.8bn For The Establishment Of Aviation Maintenance Centre
The Federal Government has approved N11.8 billion for the purchase of equipment and the establishment of a fire fighting truck maintenance center in Katsina State as well as an aircraft maintenance center in Abuja, the...
FEC Okays N592m For Procurement Of MRI Diagnostic Machine At OAU Ile-Ife
The Federal Executive Council meeting presided over by President Muhammadu Buhari on Wednesday, approved a total sum of N592, 271, 792.48 for the procurement of magnetic resonance imaging (MRI) equipment for the Obafemi...
CBN Approves N2.1trn For Manufacturing, Agric, Healthcare
The Central Bank of Nigeria (CBN) has released N2.1 trillion to support the real sector of the economy, the bank announced at the weekend.
The intervention fund sheet of the apex bank said the funds, which came under the...
2023 Budget: Reps Commence Second Reading, Debate Estimates
The House of Representatives will on Wednesday (today) commence the second reading of the 2023 Appropriation Bill, with members expected to debate the general principles of the Federal Government for the next fiscal year.
Deputy Speaker of the...
IMF Lowers Nigeria’s Economic Growth Projection To 3.2%
The International Monetary Fund (IMF) has lowered Nigeria’s 2022 economic growth projection to 3.2 per cent.
This is 0.2 percentage points lower than the 3.4 percent projected in its July 2022 report.
The Washington-based institution disclosed this on Tuesday...
FG Spent $11.6m On Armoured Vehicles Amid Forex Scarcity
While the country battled with shortage of foreign exchange, the Federal Government spent $11.56m on remodelling and refurbishing 107 armoured vehicles which were donated by the Hashemite Kingdom of Jordan.
The Second Quarter and Half-Year 2022 Budget...
