2019 Budget: FG Make Plans For N8.9trn To consolidate on its aggressive spending on infrastructure and consign the recent recession into the dustbin of history, the Federal Government has come up with the estimates of its expenditure and incomes for next year, with the fiscal...

Ibadan-Kano Rail: FG Negotiates $6bn Chinese Loan The Federal Government is currently negotiating a loan of about $6bn with the China Export-Import Bank for the construction of the Ibadan-Kano rail line. It has also approved $195m for the security of Nigeria’s waterways by an Israeli firm...

FG Seeks One-year Extension Of World Bank’s $160m Job Creation Fund Following its inability to disburse $160m job creation funding provided by the World Bank, the Federal Government has sought for 12 months extension to enable it to fully implement the project known as Growth...

FG Launches Empowerment Loan For 30,000 Traders In Osun The Federal Government has launched the Trader Moni empowerment programme for 30,000 petty traders in Osun State. The Vice President, Prof Yemi Osinbajo (SAN), launched the empowerment loan, which would be paid by the Federal Government through...

FG Approves $1.3bn For Lagos-Ibadan Expressway, Others The Federal Government has set aside $1.3bn (about N468bn) from the National Sovereign Investment Fund to finance five critical infrastructure projects. The Minister of Information and Culture, Alhaji Lai Mohammed, disclosed this on Sunday when he appeared as guest...

Nigeria Spends $2bn Annually On honey Importation - FG Nigeria spends over $2bn annually on the importation of honey, the Federal Government has said. According to a report put together by officials of the Federal Ministry of Agriculture and Rural Development, Nigerian Export Promotion Council and...