A total of $3.53bn has been paid by the Federal Government to five international oil companies as cash call arrears repayment to the IOCs, leaving an outstanding balance of $1.15bn. Latest status report on the Pre-2016 Cash Call Arrears Repayment to the IOCs as at October 31, 2021, seen...
FG
The Federal Government has assured Nigerians of its readiness to generate 25,000 megawatts of electricity in the country as part of efforts to enhance power-related businesses and other economic activities in the country. The Minister of Power, Mua’azu Sambo disclosed this in Katsina State at the weekend when he...
By EZEKIEL OBI, Abuja – The Nigeria Labour Congress, NLC has called on The Federal Government to do away with any plan to increase the price of petrol in the country. In his New Year message, The President of Nigeria Labour Congress (NLC) Ayuba Wabba, said workers and masses...
The Academic Staff Union of Universities has said the N30bn Revitalisation Fund and N22.5bn Earned Academic Allowance totalling N52.5bn released by the Federal Government is not enough to deal with the challenges facing the university system. The ASUU President, Prof Emmanuel Osodeke, noted in an interview with Sunday PUNCH...
Federal Government of Nigeria through the Minister of State for Environment, Sharon Ikeazor, has said it would continue to collaborate with Nigerian Exchange Limited (NGX) to build a framework that will help issuers navigate climate disclosure and ultimately improve the climate data available to the investment and finance community....
The Federal Government on Wednesday sympathised with the management of the Next Cash & Carry, Abuja over a fire incident and pledged its readiness to offer possible assistance towards its resuscitation. The News Agency of Nigeria (NAN) reports that fire gutted the Next Cash & Carry Supermarket on Sunday...
Rep Dachung Bagos (PDP-Plateau), has advised the Federal Government to develop a practical and lasting solution to ending the lingering insecurity challenges facing the country. Bagos, representing Jos South and Jos East Federal Constituency in the House of Representatives, gave the advice in an interview with the News Agency...
The Federal Government has declared free train rides for citizens from Dec.24 to Jan 4, 2022. The Managing Director, Nigeria Railway Corporation (NRC), Mr Fidet Okhiria, disclosed this in an interview with the News Agency of Nigeria (NAN) on Friday in Abuja. ”The decision which was made in collaboration...
The Federal Government has reinstated Emirates’ winter flight schedule to Nigeria following the offering of daily slots to Air Peace at the Dubai Airports, DXB. This is contained in a letter to the Emirates Country Manager, Nigeria signed by the Director-General, NCAA, Capt. Musa Nuhu dated 21st December 2021....
The Federation Accounts Allocation Committee (FAAC) has shared a total of N675.946 billion to the Federal Government, states, and local government councils as the Federation Account revenue for November, as a total of N196.175 billion Value Added Tax (VAT) gross revenue was generated. A spokesman for the Office of...
By SADIQ ABUBAKAR, Maiduguri – The Academic Staff Union of Universities (ASUU), University of Maiduguri (UNIMAID) Chapter has threatened to join the ASUU National Secretariat planned nation wide strike if the Federal Government do not implement the negotiations jointly signed by both the Federal Government and ASUU National officials....
The Bauchi Zone of the Academic Staff Union of Universities (ASUU) has said that the attitude of the Federal Government towards the implementation of the 2009 agreement with ASUU is forcing its members to embark on an indefinite strike. The Zonal Coordinator, Prof. Lawan Abubakar, said this at a...
Chief Timipre Sylva, Minister of State for Petroleum Resources, says Nigeria has the capacity to become the highest producer of petrochemicals in the world. This, according to him, is possible with the implementation of the Decade of Gas Development initiative, The News Agency of Nigeria (NAN) reports that Sylva...
The self-acclaimed leader of the proscribed Indigenous People of Biafra (IPOB), Nnamdi Kanu, has instituted a fresh suit against the Minister of Justice and Attorney-General of the Federation, Abubakar Malami, and the Department of the State Services (DSS) over alleged denial of his fundamental human rights. In the fresh...
Colourful posters of some artifacts expected to be received by the Oba of Benin have adorned some major streets of Benin City ahead of the ceremony on Monday. The News Agency of Nigeria (NAN) reports that the posters which also carried the photograph of Oba Ewaure II, were seen...
By JOY ADARA, Abuja – The Bureau of Public Enterprises (BPE) has named members of the interim management team for the Abuja Electricity Distribution Company (AEDC) Plc. A statement issued by Amina Tukur Othman, Head, Public Communications of BPE, listed the interim management team to include: Bada Akinwumi –...
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has commenced an investigation into the utilisation of the N950 million Coronavirus (COVID-19) Intervention Fund by the University of Port Harcourt Teaching Hospital. Mrs Azuka Ogugua, Spokesperson of ICPC, in a statement in Abuja on Tuesday said that all...
The Federal Government has said it is prepared to vaccinate 70 per cent of the Nigerian population before the end of 2022. The Chairman of the Presidential Steering Committee on COVID-19, Mr Boss Mustapha, gave the assurance in Abuja on Monday. Mustapha, also the Secretary to the Government of...
The Federal Government has spent at least $29 million to procure the Johnson and Johnson COVID-19 vaccines in the country. This is according to the Minister of Health, Osagie Ehanire, during an interview on Channels TV’s Sunday Politics. “We have procured Johnson and Johnson, about 40 million doses, at...
The House of Representatives has ordered an immediate investigation into debts totalling N2.6 trillion allegedly owed the Federal Government by oil and gas companies operating in the country. A report by the Extractive Industries Transparency Initiative (NEITI) which contains the figure, said to be accruals from “failure of the...