HomeTagsFG

Tag: FG

FG, 36 states Agree 71 Ways of Rescuing Nigeria’s Troubled Economy

The two-day retreat of the National Economic Council (NEC) ended Tuesday in Abuja with federal authorities and the country’s 36 states agreeing on at least 71 proposals they believe will reinvigorate Nigeria’s wobbling economy. The NEC is chaired by the Vice President, Yemi Osinbajo, and...
Read more

FG will only borrow from lowest cost debt providers – Minister

The Minister of Finance, Mrs Kemi Adeosun, said the Federal Government would only borrow from the lowest cost debt providers to fund the deficit in the 2016 budget. Adeosun said this on Thursday in Abuja while addressing the Senate Committee on Appropriation, chaired by Sen....
Read more

FG Tasks Stallion Group on 17% Local Content in Car Manufacturing

  The federal government Thursday tasked the management of Stallion Group, manufacturers and assemblers of different brands of vehicles on the 17 per cent local content capacity in its assembly plants. The Minister of Science and Technology, Dr. Ogbonnaya Onu, while receiving the group led by...
Read more

FAAC Distributes N370.4b to FG, States, LGs for January

The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja, said N370.4 billion was shared among the federal, states and local governments as revenue for January 2016. She announced this while addressing newsmen on the outcome of the Federation Accounts Allocation Committee (FAAC) meeting. She...
Read more