The Federal Government has barred banks in the country from giving loans to state governments.
The decision was taken in line with the Fiscal Sustainability Plan, FSP, which has been agreed to by the Federal Government’s economic team and state governors, to ensure prudent management...
The Federal Government has announced that it had so far released N280bn from the N350bn set aside for capital projects as contained in the 2016 budget.
It stated that the funds had been sent to the Federal Ministry of Finance for onward disbursement to six...
The recruitment of 500,000 teachers by the Federal Government might have run into a hitch as the website for the exercise crashed on Sunday following what was suspected to be massive applications by prospective candidates.
The Federal Government had, last week, announced that the recruitment...
...Companies to End Niger Delta Crisis
A civil society organisation, Socio-Economic Rights and Accountability Project (SERAP), has urged the federal government to stand up to powerful oil companies that have continued to abuse the human rights of the people of the Niger Delta with impunity...
… As Senate summons Ngige over Threat
Nigerians have been reÂacting to the recent Federal Government threat to revoke the operating licenses of banks and telecommunicaÂtion firms that flout its orÂder to suspend further staff retrenchment in the wake of the country’s worsening economic climate.
Reacting to...
The federal government has threatened to withdraw the operating license of any bank and telecommunication company that failed to yield to its earlier directive to stop mass sack of workers in their employ.
Minister of Labour and Employment, Senator Chris Ngige, disclosed this while addressing world...
