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Tag: FG

Rotimi Amaechi

FG plans demolition of parts of Lagos Ports for railway

November 16, 2018November 15, 2018Ayo Olowo

The Minister of Transport, Mr Rotimi Amaechi, has said that efforts have begun to demolish parts of Lagos Ports terminals to give way for both ongoing construction of standard and narrow gauge rail lines. Amaechi disclosed this while inspecting the five terminals at Lagos Ports at Apapa on Thursday. “We have enjoined the Project Implementation […]

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Nigeria issues $2.86bn bonds to fund budget, other projects

November 15, 2018November 15, 2018Ayo Olowo

The Federal Government of Nigeria on Wednesday announced the issuance of $2.86 billion aggregate triple bond series under its Global Medium Term Note Programme. A finance ministry statement on Wednesday night said the Notes comprise a $1.18 billion seven-year series, $1billion 12-year series and $750 million 30-year series. Details of the issue show the seven-year […]

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Nigeria to launch tremor centres in FCT

November 14, 2018November 13, 2018Ayo Olowo

Four seismic stations are to be established to monitor Earth tremor and quake in the Federal Capital Territory (FCT). The Nigerian Geological Survey Agency (NGSA) will established the seismic stations. Alhaji Abubakar Bwari, the Minister of State, Mines and Steel Development, made this known while inaugurating the NGSA earthquake monitoring command and control centre sited […]

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Dasuki boycotts trial over FG’s violation of his rights

November 13, 2018Ayo Olowo

The former National Security Adviser Col. Sambo Dasuki (rtd) has berated the Federal Government over his continued detention and disobedience to various court orders that admitted him on bails. Dasuki in a strongly worded letter he personally signed and addressed to the Registrar of the Federal High Court Abuja vowed to boycott any proceeding for […]

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Minimum Wage: NLC suspends proposed strike action, to reveal new plans today

November 6, 2018Ayo Olowo

The Nigerian Labour Congress (NLC) has called off the nationwide industrial action initially scheduled to commence on November 6 to further press for workers’ demand for new national minimum wage. The President of the NLC, Ayuba Wabba, said this on Monday night in Abuja while addressing journalists at the end of a meeting of the […]

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Nigerian govt feeds pupils with 6m eggs, 594 cows weekly – Official

November 6, 2018Ayo Olowo

The Special Adviser to the President on National Social Welfare Programme, Maryam Uwais, on Monday said the federal government feeds pupils with 6 million eggs and 594 cows weekly under its Home Grown School feeding programme. Mrs Uwais disclosed this in Abuja, when she received a delegation from the Democratic Republic of Congo (DRC) on […]

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FG’s plan to sell national assets will cause long-term pains – Atiku

November 1, 2018November 1, 2018Ayo Olowo

The presidential candidate of Peoples Democratic Party (PDP), Atiku Abubakar says the plan of the federal government to sell national assets will cause long-term pains.

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FEC approves $2.9bn Eurobond to fund capital projects

October 17, 2018Ayo Olowo

The Federal Executive Council, FEC, on Wednesday approved that $2.9 billion in Eurobond be raised to fund capital projects in the 2018 budget. The Minister of Finance, Mrs Zainab Ahmed, made this known when she addressed State House correspondents at the end of FEC meeting, presided over by President Muhammadu Buhari. Nigeria had in November […]

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This travel ban will expose Buhari’s administration to ridicule – Falana

October 14, 2018October 14, 2018Ayo Olowo

Top human rights lawyer, Femi Falana, has said the travel ban placed on 50 high-profile Nigerians by President Muhammadu Buhari should be withdrawn “without any delay”, as it would only expose this administration to ridicule. In a statement on Sunday, Falana said the directive which is backed by an executive order signed by the president is […]

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Organised Labour insists on agreement as FG propose N24000 minimum wage

October 10, 2018Ayo Olowo

The Organised Labour has insisted that the Tripartite Committee on the new National Minimum Wage has concluded its assignment for onward submission to President Muhammadu Buhari. Mr Joe Ajaero, President, United Labour Congress (ULC), said this in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja. Ajaero was reacting to the […]

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