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Electricity workers To FG: Review Discos’ Performance Now

Electricity workers To FG: Review Discos’ Performance Now   Power consumers from Edo, Delta, Ondo and Ekiti states on Wednesday staged a protest against the management of Benin Electricity Distribution Company at the headquarters of the Federal Ministry of Power, Works and Housing in Abuja. A coalition...

FG Launches New Cotton Breed To Boost Textile Industry

FG Launches New Cotton Breed To Boost Textile Industry   The Federal Government has inaugurated the transgenic cotton seed and said the plant would help boost Nigeria’s cotton textile industry. According to the Minister of Science and Technology, Dr Ogbonnaya Onu, the introduction of new cotton seeds...

FG Decries Huge Loses to Illegal Mining

FG Decries Huge Loses to Illegal Mining   The federal government has lamented the activities of illegal miners across the country. It noted that 80 per cent of mining activities in Nigeria are illegal, causing the country to lose billions of Nigeria annually and greatly constraining the...

FG Targets 40% Foreign Debt In 2019

FG Targets 40% Foreign Debt In 2019   The Federal Government plans to borrow more from foreign sources in 2019 in order to rebalance the ratio between foreign and domestic debts. The Debt Management Office which disclosed this in its Strategic Debt Management Plan 2018 – 2022...

Govt’s Commitment To Renewable Energy Unshaken – Fashola

Govt’s Commitment To Renewable Energy Unshaken – Fashola   The Minister of Power, Works and Housing, Mr Babatunde Fashola, has said the Federal Government is committed to diversifying the nation’s energy mix through renewable energy. The current component of the power grid consists of gas-fired power (85...

In 9 Months, FG, States, LGs Got Over N6trn

In 9 Months, FG, States, LGs Got Over N6trn   Revenue disbursements by the Federation Account Allocation Committee to the three tiers of the government hit N6trn in the third quarter of 2018. There has been a steady increase in the first three quarters of this year...