Tag: Federal Goverment

Suspend Crude-For-Loan Deals,Dangote To Federal Govt

The President of Dangote Group, Alhaji Aliko Dangote, has said that Nigeria needs to stop mortgaging crude oil to ensure the availability of feedstock for local refineries. Dangote, who spoke…

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Tinubu’s Govt Vows to Shut Down Filling Stations Over Extreme Petrol Prices

Despite the Nigerian National Petroleum Company Limited, NNPCL, selling petrol at N568-N617/litre, many independent filling stations have unilaterally fixed their pump prices between N900 and N1,000/litre.  This has led to…

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Diaspora remittances: Federal Goverment to issue $500m security in August

Nigeria’s Finance Minister Wale Edun announced a plan to sell $500 million of securities to diaspora Nigerians, aiming to attract foreign currency. Edun emphasized the significance of this move at…

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CLEAN NIGERIA INITIATIVE: How FG plans to tackle Cholera, Open Defecation by 2025

Wary of the rapid spread of Cholera across the country, causing high morbidity and mortality, the federal government has commenced measures to combat the epidemic by tackling the root causes,…

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Senate scores FG low on 2024 budget performance

The Senate has scored the executive low in the implementation of the capital component of the 2024 budget, saying there is a need for the government to get Ministries, Department…

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FG announces N4 Naira Scholarship Fund to Revitalize Teaching Profession

In a bold move to address the dwindling interest in Education-related courses and the teaching profession, the Honourable Minister of State for Education, Dr. Tanko Yusuf Sununu, has announced a…

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Minimum Wage : Nigerian Govs To Labour, We Cannot Pay More Than N70,000

Nigerian governors are not considering a minimum wage that is higher than N70,000, it was learnt on Thursday night. At a meeting on Thursday in Abuja, the state helmsmen reviewed…

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UPDATE : FG offers N54,000 as new minimum wage but Labour says no deal

The Federal Government proposed a minimum wage of N54,000 for Nigerian workers during Tuesday's ongoing minimum wage negotiation meeting.   According to a high-ranking source within organized labour, the meeting will continue on Wednesday at 4…

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FG Reveals First Beneficiaries Of Student Loan Scheme

The Nigeria Education Loan Fund has announced that students in federal tertiary institutions would be the first to access the Students’ Loan portal, which is scheduled to launch formally on…

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FG Reveals How Nigerians That Will Get ₦50,000 Presidential Grant Will Be Selected

The federal government has given an update on its N50,000 Presidential Conditional Grant Scheme.   Explaining how beneficiaries will be selected, FG said those to benefit will be randomly and…

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