Wages Risen By 150% In Five Years - Ahmed       The Minister of Finance, Budget and National Planning, Zainab Ahmed, on Tuesday decried the daily rise in the wage bill of the Federal Government and declared that it rose by 150 per cent between 2015 and...

Nigeria Now Africa’s Largest Rice Producer – Fed Govt       Nigeria is now the largest producer of rice in Africa, the Federal Government said on Tuesday. Minister of Agriculture and Rural Development, Sabo Nanono, said this in Abuja at an event to mark the 2020 World Food...

Fed Govt Will Double Nigeria’s Airports By 2023 – Minister       The Federal Government on Tuesday declared that it would double the number of airports across Nigeria by 2023. Nigeria has about 31 airports currently. The Federal Airports Authority of Nigeria operates 26 of the facilities, while...

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 Interview Applicants Of N10bn Transport Fund’       Controversy has trailed the N10 billion intervention fund for the transportation sector following the emergence of various unions including those not registered, findings by Daily Trust shown. The development has delayed the disbursement of the fund, according to...

How N3.85trn Capital Budget’ll Be Spent — Finance Minister       The Federal Government is to spend an aggregate sum of N3.85 trillion on capital projects in the 2021 budget which represents N1.15 trillion higher than the 2020 provision of N2.69 trillion. At 29 percent of aggregate...