Tag
FEDERAL GOVERNMENT
All plans are in progress for the Federal Government to conclude the sale of $3.3 billion Eurobond through open competitive bids.
The Federal Government (FG) has disclosed plans to sell fuel at a reduced price of N97 per litre.
The Federal Government has failed to carry out its planned sale of some of its stake in joint venture oil assets for the second year in a row.
Arrangements have been put in place for the festive period as the FG has granted some African airlines permission to operate additional flights.
The closure of the border petrol stations by FG has cut down the consumption of Premium Motor Spirit (PMS), known as Petrol to 30%.
Nigerian manufacturers have disclosed that over N5 billion had been lost in respect of imported materials waiting to enter the country.
The FG has been urged to increase tariffs on tomato concentrate so that the country can benefit maximally and encourage local participation.
The Federal Government may be unable to rehabilitate certain roads across the nation due to paucity of funds.
Ogoni People’s Assembly (OPA) has asked the Federal Government to issue the operating license of the disputed oil field to an indigenous firm known as XAVON Energy.
The Federal Government has signed a Memorandum of Understanding with Russia to modernize the railway sector.
The Federal Government (FG) has disclosed how the recovered $104 million Abacha loot was spent.
The FG has secured approval from World Bank to borrow $3 billion for the expansion of the power transmission and distribution.