FG Sets To Recover Funds From Defaulting Estate Developers   The Federal Government has said it will go after mass housing estate developers in the Federal Capital Territory, who default in the payment of statutory fees. The Chairman, Special Presidential Investigation Panel for the Recovery of Public...

FG Earmarks N400m To Empower 4,000 Traders In Plateau   The Federal Government is to spend about N400m on 4,000 small-scale entrepreneurs in Plateau State as part of its TraderMoni empowerment initiative. The gesture, according to its promoters, has been concretised between the Bank of Industry and...

FG To Add 4.2GW To National Grid In 12-18 Months   The Federal Government is seeking to generate additional 4.2gw of power to the national grid in the next 12-18 months. It aims to achieve that through the coordination of the Nigeria Industrial Policy and Competiveness Advisory...

FG Releases N460bn Capital Expenditure – Udoma   The Federal Government has released N460 billion out of the N2.1 trillion capital expenditure for 2018, the Minister of Budget and National Planning, Udo Udoma has said. Speaking yesterday on the side lines of the Annual Meetings of the...

Islamic Banking: FG Issues Another N100bn Sukuk For Road Construction, Infrastructure   The Federal Government has announced approval for the issuance of another tranche of N100 billion Sukuk bond for the construction of roads in Nigeria. This was disclosed at a Two-Day Training on Sukuk Structurisation and...

FG Set To Give Reasons For Suspending Nigeria Air   The Federal Government is set to explain why it suspended the planned commencement of operations of Nigeria Air. According to the government, it has become necessary to address some of the issues, misinformation and allegations that greeted...