The Debt Management Office (DMO) has advised the Federal Government not to borrow above 22.08 billion dollars in 2017. DMO gave the recommendation on Tuesday in its 2016 Debt Sustainability Analysis (DSA) report, obtained by the News Agency of Nigeria (NAN) in Lagos. In the report, DMO stated that the end-period on Net Present Value […]
Continue ReadingThe Federal Government of Nigeria, has disclosed plans to upgrade seven cancer treatment centres and provide additional machines to reduce the burden of the disease in Nigeria. The Minister of Health, Prof. Isaac Adewole, made this known in an interview with News Agency of Nigeria (NAN) in Abuja on Monday. “As we are talking today, […]
Continue ReadingThe Movement for the Emancipation of the Niger Delta (MEND) says its ceasefire in the Niger Delta region has led to an increase in the production of crude oil and gas for the country, but the government is yet to keep up with its own bargain of releasing the Okah brothers, Charles and Henry. In a […]
Continue ReadingThe Federal Government of Nigeria has filed a motion to withdraw the charge of criminal conspiracy against Senate President Bukola Saraki and his Deputy, Ike Ekweremadu. An affidavit in support of the motion was filed before the High Court of Federal Capital Territory on Thursday by a litigation officer from the Federal Ministry of Justice, […]
Continue ReadingThe Federal Government of Nigeria has reassured foreign investors that the country is good, open and secure for business. The Minister of Labour and Employment, Sen. Chris Ngige, gave the assurance at the Labour and Trade Ministerial Roundtable of the Africa Growth and Opportunity Act (AGOA) held in the U.S. A statement signed by Samuel […]
Continue ReadingAs Nigeria sets to mark its 56th Independence Day Anniversary, the Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita said that Government is fully committed to the restoration of dignity, integrity and confidence in the Public Service through the promotion and provision of staff welfare and motivation; forging a cast-iron relationship between […]
Continue ReadingThe Federal Government plans to reduce the income tax being payed by Small, Micro and Medium Enterprises (SMMEs) in the country to encourage more start-ups in the sector. A statement by the Federal Ministry of Finance on Thursday said the gesture was also to boost profitability of existing ones, generate new jobs and make higher […]
Continue ReadingThe Federal Government has declared Monday, 3rd October, 2016 as Public Holiday to mark Nigeria’s 56th Independence Anniversary. The Honourable Minister of Interior, Lt Gen (rtd) Abdulrahman Bello Dambazau, while making the declaration on behalf of the Federal Government, congratulates Nigerians at home and abroad on the commemoration of this year’s independence anniversary and assures […]
Continue ReadingThe finance minister, Kemi Adeosun, has said that the N500 billion new housing fund approved by the National Executive Council last week would stimulate economic activities and return the economy to the path of growth.Mrs. Adeosun, who fielded questions from some journalists in her office at the weekend, said a mass housing scheme that would […]
Continue ReadingThe Federal Government says the implementation of the national reorientation campaign “Change Begins with Me’’ started from the leadership, contrary to the position of some critics.The Minister of Information and Culture, Lai Mohammed, made this known on Tuesday in Abuja when he received a delegation of National Council of Women’s Societies, NCWS. He said “people […]
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