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Paris Club: FG Recalls Five States Disbursements

Paris Club: FG Recalls Five States Disbursements It may have drew the ire of some, but the Federal Government, yesterday, ordered the recall of the second tranche of London and Paris Club Refunds disbursed to five states, amounting to about $2.7 billion (N972 billion.) No reason...

FG Gives Oil Firms 2019 Deadline To Stop Gas Flaring

FG Gives Oil Firms 2019 Deadline To Stop Gas Flaring Any oil company that cannot stop gas flaring by 2019 should stop producing, the Minister of State for Petroleum Resources, Dr Ibe Kachikwu, has said. Kachikwu stated that the Department of Petroleum Resources would become severe...

FG Seeks Farmers’ Support In The Bid To Reduce Local Rice Price

FG Seeks Farmers’ Support In The Bid To Reduce Local Rice Price The Federal Government on Thursday called for the support of farmers to make the price of local rice more affordable for Nigerians. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said this...

FG To Generate N6bn From 20 silos’ Concession

FG To Generate N6bn From 20 silos’ Concession The Federal Government is to get about N6bn from the concession of 20 silos in different parts of the country to private sector operators. The Minister of Agriculture and Rural Development, Audu Ogbeh, told State House correspondents in...

NPA: FG To Launch Reviewed Port Concession In 3Months

NPA: FG To Launch Reviewed Port Concession In 3Months Barring any last minute change of mind, the Federal Government will launch the reviewed port concession agreement between the Nigerian Ports Authority and private terminal operators in the country in the next three months. The ports concession...

FG Transfers 21% Shares In The Mint To CBN

FG Transfers 21% Shares In The Mint To CBN The Federal Government has transferred its 21 per cent shares in the Nigerian Security Printing and Minting Company to the Central Bank of Nigeria. Vice-President Yemi Osinbajo, who is the Chairman of the National Council on Privatisation,...