FG Budgets N3.85trn for Capital Projects in 2021 The 2021 budget estimates submitted to the National Assembly by President Muhammadu Buhari has N3.85 trillion for capital projects. Minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed at the budget breakdown held in Abuja. Mrs Ahmed...

Electricity Tariff: FG Agrees To Provide Relief Of N10.20k/kW For Three Months       The Federal Government has agreed to provide a tariff relief of N10.20 per kilowatt of electricity for Nigerians for the next three months and also massively distribute free meters to electricity consumers. This was...

Retirement Age Increase Aggravates Youth Unemployment — ABCON       Association of Bureaux De Change Operators of Nigeria (ABCON) has cautioned against increasing the retirement age stressing this works against policies aimed at reducing youth unemployment in the country. The Association stated this in its Quarterly Economic Review...

FG Issues Guidelines For Downstream Gas Facilities       The Department of Petroleum Resources on Sunday released guidelines for the establishment and operations of downstream gas facilities. It issued guidelines for the establishment and operations of Liquefied Petroleum Gas refilling plants and retail outlets, for establishment of autogas...

Budget 2021: FG Earmarks N152bn For Electricity       The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, this forms one of the largest...

FG Earns N13.65m From Data Protection Fine, Report Filing       The Federal government has earned the sum of N13.65m from the data protection activities involving licensing, audit report filing and fine, according to the Nigeria Data Protection Regulation Performance report. As contained in the report published by...