Budget 2021: Buhari Transmits Finance Bill 2020 To N'Assembly         President Muhammadu Buhari yesterday transmitted the Finance Bill 2020 to the National Assembly for consideration and passage into law. In a letter to the Speaker of the House of Representatives, Femi Gbajabiamila and which was read on...

It’ll Be Cheaper To Run Gas-fired Vehicles – Fed Govt         The Federal Government on Tuesday at the inauguration of the autogas scheme in Abuja said motorists who run their vehicles on autogas will spend less fund in refilling their tanks than those using Premium Motor...

Maritime Security: FG Plans To Spend N8.9bn On Boat Rentals         The Federal Government through the Federal Ministry of Transportation is proposing to spend a whopping N8.7billion annually as rentals for fast intervention boats with which it hopes to tackle maritime crimes on the nation’s coastal...

Fed Govt Waives N1.3trn In Import Duty, VAT         The Federal Government yesterday, said it has waived import duty and Value Added Tax, VAT, valued at about N1.3 trillion in addition to other incentives in nine years to 2019. The Minister of Finance, Budget and National Planning,...

FG, Egyptian Firm Sign Pact To Invest In Gold Mining         The Federal Government and Messrs La Mancha Incorporated, a leading Luxembourg Incorporated Private Gold Development and Mining Company in Cairo, Egypt, have signed an Expression of Interest to invest in gold mining in Nigeria. Speaking at...

Fed Govt Reviews 26 Water Contracts, Saves N53bn       The Federal Government on Monday announced that said it saved N53bn after carrying out a review of 26 water project contracts across the country. Minister of Water Resources, Suleiman Adamu, disclosed this in Abuja at the unveiling of...