FG ‘ll be more intentional in seeking out investors – Osinbajo
July 14, 2021 Going forward, the Federal Government will be looking for the right type of investors in its privatization and commercialization efforts, “looking out for the right models, the…
Reps Committee summons NSA, IGP, others over recovered loot
June 7, 2021 A House of Representatives Committee has summoned the Inspector-General of Police and the National Security Adviser to appear before it over recovered looted funds from 2002 to…
NEC RECEIVES SOVEREIGN INVESTMENT REPORTS SHOWING SIGNIFICANT INCOME, NET ASSET GROWTH
May 21, 2021 The Nigerian Sovereign Investment Authority (NSIA) has recorded a 343% growth in Total Comprehensive Income totalling N160.06 billion in 2020 compared to N36.15 billion in the previous…
Ibori loot: Repatriated funds to be deployed towards the completion of 2nd Niger Bridge, Abuja – Kano expressway, Lagos – Ibadan expressway – FG
The Federal Government says in consonance with the existing framework engaged in the management of previous recovered funds, the Federal Executive Council, FEC, has directed that the instant repatriated James…
UK Govt To Return £4.2m Ibori Loot
The United Kingdom has signed a Memorandum of Understanding (MoU) to return the sum of £4.2 million assets stolen by former Delta State Governor, James Ibori to Nigeria. This was…
FG, OCP of Morocco sign $1.4bn agreement on gas industrialisation
The Federal Government has signed a 1.4 billion dollar agreement with OCP Group of Morocco to produce ammonia and diammonium phosphate in the gas industrialisation strategy. A statement issued on…
PRESIDENT BUHARI APPROVES FORMATION OF N1TRN INFRA CO TO ADDRESS INFRASTRUCTURE DEFICIT
President Muhammadu Buhari has approved the establishment of a Public Private Partnership styled Infrastructure company named Infra-Co with an initial seed capital of N1 Trillion which is envisaged over time…
Insecurity: Governors to meet Buhari; insist stamp duties belong to states
The 36 state governors are to meet President Muhammadu Buhari, as soon as possible, to address security challenges across the country, the Nigeria Governors’ Forum (NGF) said. The forum disclosed…
N15trn infraco fund in the offing to help close the national infrastructural gap -FG
The Federal Government says it is collaborating with the Central Bank of Nigeria, CBN, the Nigerian Sovereign Wealth Investment Authority (NSIA) and other stakeholders in the creation of an Infrastructure…
OUR 2020 FINANCE BILL EXEMPTS MINIMUM WAGE EARNERS FROM TAX – BUHARI
In order to reduce the impact of inflation on Nigerians, the Buhari administration through the 2020 Finance Bill is proposing the exemption of minimum wage earners from the Personal Income…