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FG Seeks Equity In N6.5tr Infrastructure Expenditure

Efforts are under way to ensure that the Federal Government leaves no part of the country out of the planned expenditure of N6.5 trillion on infrastructural development in the country. The government wants equity in the distribution of the funds to all zones and...

Food Shortage Will End By 2018 – FG

The Federal Government has said that food shortage problems in the country will be over in the next two years. The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, also announced that his ministry had reclaimed all universities of Agriculture in the country from...

FG Moves to End Chronic Aviation Fuel Scarcity

The federal government has stepped in to put an end to the protracted scarcity of aviation fuel (Jet A1), which has paralised flight operations for weeks. The government has started engaging oil marketers and others involved in the procurement and distribution of the product with...

2016 Budget: FG Loses N1.06 Trillion in Deficit

The expected revenue of the federal government to finance the 2016 budget fell short by N1.064 trillion as at June 2016. This was made known in the 2017 to 2019 Medium-Term Expenditure Framework and Fiscal Strategy presented to the public at a Stakeholders Consultative Forum...

Forex Restrictions Adversely Affected Economy, FG Laments

The Federal Government has lamented that the foreign exchange restrictions by Central Bank of Nigeria (CBN) in the first half of this year adversely affected the economy. Minister of Budget and National Planning Udoma Udo Udoma, who spoke at the stakeholders’ consultative forum on the 2017-...

MEND Corroborates Buhari’s Peace Talks with Militants

The Movement for the Emancipation of the Niger Delta, MEND, has confirmed President Muhammadu Buhari’s claim that the Federal Government was actually dialoguing with Niger Delta militants through the oil companies and law enforcement agents. Spokesperson of the group, Jomo Gbomo, in a press statement,...