FG Urged to Reduce Taxes, Cost of Aviation Fuel   Nigerian airlines have called on the federal government to review its tax policy for the sector as well as the cost of aviation fuel, in order to reduce cost of flight operations and ensure they remain...

FG Seeks Fresh N100bn Bond Through Auction The Federal Government is offering fresh N100bn bonds for subscription through an auction scheduled for next week. The Debt Management Office, in a circular on Tuesday, said it was authorised by the Federal Government to receive applications for the...

MAN Group: FG Loses N52bn To Illegal Iron, Steel Importation Annually   The Federal Government loses about N53bn per annum to the illegal importation of iron and steel products, the Galvanised Iron and Steel Manufacturers Association has alleged. The group, at a press briefing in Abuja on...

IOCs Reluctant To Sell Flare Gas To Third Parties, Says FG International oil companies that are involved in the flaring of gas in Nigeria are often reluctant to sell the commodity to third parties, the Federal Government has said. It was gathered that the oil producers...

FG Makes N10.97bn In Mining Fees, Royalties In four Years Even though the Federal Government had anchored a significant part of its diversification programme on the mining sector, it made only N10.97bn from fees and royalties paid by mining operators in four years, an investigation...

FG Requires $45bn To Fix Transportation Infrastructure - Amaechi The Minister of Transportation, Mr. Rotimi Amaechi, has said the federal government requires $45bn to fix the country’s transportation infrastructure, adding that rail infrastructure is a capital intensive sector. Explaining the amount spent so far on rail...