…Mandates MDAs to adopt openness in contracting procedures and publishing of contracts The Federal Government has revealed that it would in a matter of weeks sign an executive order to promote transparency and efficiency for the creation of an enabling business environment in the country, saying this would mandate all Ministry, Agencies and Departments (MDAS) […]
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 unveiled plans to set up six new ICT Hubs* in the country to boost empowerment and growth in the sector.The Minister of Communications, Mr Adebayo Shittu, made the disclosure when Global Y Combinators and Ventures Platform, an ICT concern, paid him a courtesy visit in his office in Abuja. […]
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 ReadingSpeaking with journalists at the end of the federal executive council meeting in Abuja, on Wednesday, Nigeria’s Minister of information and culture, Lai Mohammed said that reports of planned asset sale by the government were mere speculations.He said that the government has not yet come out with its position on bailing out the economy despite a […]
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 Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja, said N510.2 billion was shared among the federal, states and local governments as revenue realised in August. She made the disclosure while addressing a news conference on the outcome of the Federation Account Allocation Committee (FAAC). The amount is higher than the N493.6 billion […]
Continue ReadingThe Federal Government has decried the inability of the previous administration to settle outstanding N65 billion debt owed to fertiliser suppliers.This is contained in a statement issued on Monday by Garba Shehu, the Senior Special Assistant on Media and Publicity to the President. Mr. Shehu said it was wrong for the Goodluck Jonathan administration to […]
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