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Solar Power Programme’ll Generate N7bn Tax Revenues Yearly – FG

Solar Power Programme’ll Generate N7bn Tax Revenues Yearly - FG       The roll out of five million new solar power connections in off-grid communities is to generate an additional N7bn in tax revenues annually to Nigeria, the Federal Government has said. According to the government, the programme...

Maritime Security: FG Plans To Spend N8.9bn On Boat Rentals

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...

Customs Strike Force Impounds N767m Worth Of Goods In 3wks

Customs Strike Force Impounds N767m Worth Of Goods In 3wks         The Comptroller General of Customs, Strike Force has intercepted contrabands and raised Debit Notes (DN) on under-declared cargoes worth N767million in three weeks. Recall that importation and smuggling through the Lagos seaports and land borders, increase...

FG, Egyptian Firm Sign Pact To Invest In Gold Mining

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...

FG Approves 13 Loan Applications worth N1.08bn for Small Scale Miners

FG Approves 13 Loan Applications worth N1.08bn for Small Scale Miners The Federal Government on Tuesday announced the approval of thirteen loan applications worth N1.08billion for artisanal and small scale miners in the country. Mines and Steel Development Minister, Architect Olamilekan Adegbite disclosed this at the...

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts

FG Okays N39.7bn For Roads, Erosion, Incinerators’ Contracts       The Federal Executive Council on Wednesday approved contracts for different projects totaling about N39.7bn. The contracts include those of road construction, erosion control and purchase of incinerators for hospitals and the offices of the National Centre for Disease...