FG Bars Foreign Firms From Contracts Below N5bn       The Federal Government on Tuesday declared that contracts not above N5bn would no longer be awarded to any foreign firms in the country. It said the decision was part of a way of patronising the indigenous firms in...

Despite Suspension, FG Pegs N1bn For National Carrier         The Federal Government is to spend N1 billion on working capital for the yet to be established national carrier, according to the details of the 2021 appropriation bill. Since 2019, budgetary provision has been made for the national...

FG To Apply For $11bn Loan To Construct Lagos-Calabar Rail Line — Amaechi         Minister of Transportation, Chibuike Amaechi, said, yesterday, that the Federal Government was set to apply for a $11billion loan to construct Lagos to Calabar rail. Amaechi made the disclosur y during an interactive...

Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna         The federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain the investment status of foreigners for proper planning. This is contained...

FG Commences N75bn Support Fund Disbursement This Week         Beginning from this week, the Federal Government will start paying grants to Micro, Small and Medium Enterprises that are successful to partake in the N75bn COVID-19 support schemes. On September 10, 2020, the Federal Government inaugurated two schemes...

FG Expecting One million MT Steel From $1.5bn Plant – Minister       The Federal Government has said that the $1.5bn steel plant that is nearing completion in Kaduna State will attract automobile industries to Nigeria when completed. Minister of Finance, Budget and National Planning, Zainab Ahmed, disclosed...