Sugar Import: FG Seeks To Reduce N183bn Bill The Federal Government is seeking more private sector investments in the sugar industry to reduce the huge amount being spent by Nigerians on the importation of the product. The Executive Secretary, National Sugar Development Council, Dr Latif Busari,...

FG Approves N358bn contracts For Bridges, Others The Federal Government on Wednesday approved contracts totalling about N358bn for roads, bridges and power at a meeting of the Federal Executive Council meeting presided over by President Muhammadu Buhari. The Minister of Power, Works and Housing, Babatunde Fashola,...

FG Instructs NERC To Enforce Metering And End Estimated Billing   The Federal Government on Monday ordered the Nigerian Electricity Regularly Commission to enforce the contract mandating power distribution companies to provide meters to customers and eliminate estimated electricity bills in the power sector. It said the...

FG To Develop Special Economic Zones With N250bn The federal government wednesday in Abuja unfolded plans to spend N250 billion for the development of special economic zones across the six geo-political zones of the country in pursuit of the country’s industrialisation agenda. Making this disclosure while...

Expert Urges FG To Invest In Technology   The Senior Partner and Head, Technology Advisory and Market, KPMG Nigeria, Joseph Tegbe, has charged federal government to actively invest in growing the country’s technology infrastructure. Tegbe who disclosed this recently in Ibadan, noted that the ubiquitous nature of...

Businesses To Improve As FG cuts Tax For SMEs   Last week, the Minister of Finance, Mrs Kemi Adeosun, disclosed that the Federal Government is proposing an amendment to the Company Income Tax aimed at reducing the Right of Tax on Micro, Small and Medium Enterprises...