FG To CCECC: Complete Abeokuta-Ibadan Rail Project Before May The federal government has directed the company in charge of the construction of the Lagos-Ibadan rail project, the China Civil Engineering Construction Corporation (CCECC), to immediately return to site to complete the Abeokuta-Ibadan section of the...

PEBEC: FG Implements 140 Reforms In Three Years The Federal Government has implemented over 140 reforms in the country in the last three years. This was contained in a report by the Presidential Enabling Business Environment Council on the ‘Ease of Doing Business 2019 outlook, which...

FG Concludes Process For N6.68bn Hydropower Plant Concession   The Federal Government has completed the concession process required for the handing over of the N6.68bn Gurara Hydropower Plant to a concessionaire. It said the 30-megawatts power plant located in Kaduna, would contribute to addressing the gap in...

Nigeria Yet To Meet $2bn Textile Targets 4yrs After Policy   Four years after the Federal Government approved a national policy on Cotton, Textile and Garment (CTG), Nigeria is yet to meet any of the targets set in the policy. In 2015, government through the Ministry of...

FG, IOCs Lose N684bn To Oil Pipeline Shutdown Eight months after the shutdown of the Trans-Ramos Pipeline, the Federal Government, Shell, Total and Nigeria Agip Oil Company Limited have lost about $1.9bn (N684bn) in potential revenue from the sale of crude oil. Shell Petroleum Development Company...

FG Urged To Boost Disposable Income   The federal government has been advised to initiate policies to improve National Disposable Income (NDI) in the country. FSDH Merchant Bank Limited, stated this in its latest economic report. The report reviewed the total income available for residents and firms in...