Report: FG Rakes Oil Revenue Worth N1.4tn in February The Federal Government earned the sum of N1.4tn from oil export in February. Earnings from oil export rose marginally last month, as oil output increased by 100,000 barrels per day, amounting to a rise of 2.8 million...

FG: Discos Reject 408MW Excess Power Power distribution companies have stepped up the quantum of electricity load allocation that they receive and distribute to consumers across the country, as the latest data from the Federal Government showed a reduction in the amount of unutilised energy...

FG to Conduct Aeromagnetic Survey in Edo, Four Others The Federal Governmenmet is set to conduct aeromagnetic surveys in Edo, Ogun, Oyo, and parts of Kogi and Kwara states to enhance the availability of geological information and data that will enhance the diversification of the...

Another Northern State Drags FG To Court Over Naira Redesign Kano, a northwest state in Nigeria has dragged the federal government before the supreme court over the Central Bank of Nigeria's (CBN) naira redesign policy. The state attorney general through his counsel, Sanusi Musa, prayed to...

Fuel, Naira Scarcity: TUC Threatens to Sue FG The Trade Union Congress on Thursday threatened to take “constitutional and legal ways” against the Federal Government over the lingering scarcity of new naira notes and fuel. Speaking during a press conference in Abuja, the National President of...

FG Expends N742.56bn Sukuk Funds on Roads, Releases N1.88trn for 2022 Expenditure The federal government has raised N742.56 billion sovereign sukuk bond from 2017 to 2022 for the execution of road projects across the country. Director General Debt Management Office, DMO, Ms. Patience Oniha, confirmed the...