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FG Secures 90 hectares for Moniya Dry Port Project in Oyo

The Federal Government has received 90 hectares of land from the Oyo State government to build the Moniya Inland Dry Port in a bold move to expand the country’s maritime infrastructure and decongest seaports.

NIMASA Approves 27 Shipyards to Operate in Nigeria

The Nigerian Maritime Administration and Safety Agency (NIMASA) has accredited 27 registered shipyards across the country.

Nigeria, World Bank Begin Talks on $1bn Loan

Nigeria has opened discussions with the World Bank for a new $1 billion facility aimed at driving private investment, job creation, and economic diversification.

FG Launches N10m Tax Reform Challenge for Nigerian Students

The Federal Government has launched the Tax Reform Challenge targeted at Nigerian students.

FG Approves 15% Import Duty on Petrol, Diesel

President Bola Ahmed Tinubu has approved a 15 percent import duty on Premium Motor Spirit (PMS), popularly known as petrol, and Automotive Gas Oil (AGO), also called diesel, in a new directive expected to impact retail fuel prices nationwide.

FG to Launch Targeted Electricity Subsidy

The Federal government has stated that a targeted electricity subsidy is being developed to protect vulnerable households while ensuring the long-term commercial viability of the industry.