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FG Approves N169.72bn Road Infrastructure Projects

FG Approves N169.72bn Road Infrastructure Projects The Federal Executive Council has approved N169.7bn private sector investments for at least four road infrastructures through the government’s Tax Credit Scheme. The Minister of Works and Housing, Babatunde Fashola, revealed this to State House correspondents at the end of...

National Development Plan Implementation To Gulp N350trn – FG

National Development Plan Implementation To Gulp N350trn – FG The Federal Government has said that the 2021 National Development Plan will require a total of N350tn for infrastructural projects over the next five years. The Minister of State for Finance, Budget and National Planning, Clem Agba,...

COVID-19: Financial Institution’ll Fund N1.8trn Stimulus Package – FG

COVID-19: Financial Institution'll Fund N1.8trn Stimulus Package – FG       The Federal Government on Thursday said about N1.8tn of its N2.3tn COVID-19 economic stimulus package would be funded by financial institutions. It also disclosed that about N288bn from the N500bn of the package funded through the 2021...

Nigeria Plans $50bn Intra-Africa Exports – AfCTA

Nigeria Plans $50bn Intra-Africa Exports - AfCTA       The National Action Committee on African Continental Free Trade Area Agreement has disclosed plans to achieve economically viable communities in Nigeria by growing its intra-Africa export trade volume to $50bn by 2035. The Senior Special Assistant to the President...

Fed Govt Says $750m Loan To Complement COVID-19 Stimuli

Fed Govt Says $750m Loan To Complement COVID-19 Stimuli         The Federal Government of Nigeria said the proposed $750 million loan for states under its Nigeria COVID-19 Action Recovery and Economic Stimulus (N-CARES) would complement other economic stimulus programmes. The Minister of State for Finance, Planning and...

FG To Create Multi-donor Trust Fund

FG To Create Multi-donor Trust Fund   The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that Federal Government in the coming weeks will set up Donor Coordination Unit to chart a roadmap for setting up a multi-donor trust fund. The fund would...