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Economic Recovery and Growth Plan

Nigeria's Budget Minister Udoma Udo Udoma speaks during the public presentation and breakdown of 2018 Appropriation Act in Abuja, Nigeria.

Minister: We are taking steps to grow the economy

The Minister of Budget and Planning, Senator Udo Udoma, has assured that the federal government is putting in place measures necessary to ensure that the economy grows rapidly, while maintaining fiscal sustainability.

Minimum Wage: President Buhari appoints Bismarck Rewane to head technical committee

President Muhammadu Buhari on Wednesday appointed Bismarck Rewane as head of newly inaugurated Technical Advisory Committee on the implementation of a National Minimum Wage.
PRESIDENT BUHARI RECEIVES IN AUDIENCE NIGERIAN CONSERVATION FOUNDATION NOV 9, 2018 3

President Buhari inaugurates advisory committee on minimum wage

President Muhammadu Buhari on Wednesday inaugurated a Technical Advisory Committee on the implementation of the new National Minimum Wage and reiterated his commitment to its payment.

Ministry: ERGP targets development of economic zones

The Ministry of Industry Trade and Investment, has said that the Economic Recovery and Growth Plan (ERGP) identified the development of Special Economic Zones (SEZs) as a major strategic tool to accelerate the implementation of the Nigeria industrial revolution plan (NIRP).
Okechukwu Enelamah

Ministry explains role of economic zones in industrialisation

The Ministry of Industry, Trade and Investment has stressed the importance of developing special economic zones by the federal government.
President Buhari presides over Federal Executive Council (FEC) Meeting in State House on 12th Dec 2018-4

Muhammadu Buhari promises better times in Christmas message

President Muhammadu Buhari has rekindled hope of a better Nigeria in the future, in his Christmas message to Nigerians.

NAICOM bows to pressure, withdraws SIP policy

The National Insurance Commission (NAICOM) on Thursday withdrew State Insurance Producer (SIP), a new insurance distribution channel it newly evolved.
Nigeria's Budget Minister Udoma Udo Udoma speaks during the public presentation and breakdown of 2018 Appropriation Act in Abuja, Nigeria.

Udoma Udoma: Federal government working hard to create more jobs

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Thursday explained that even though the unemployment figures released recently by the National Bureau of Statistics (NBS) show an increase in the unemployment rate, it is important to stress that this is not the same thing as job losses.
President Muhammadu Buhari has lauded Nigerians for curbing excessive taste for foreign products, which has positioned the country for food self-sufficiency, and resulted into savings of over $21 billion.

#HAPPYBDPMB: A dozen reasons for Muhammadu Buhari’s reelection

On Monday December 17, 2018, President Muhammadu Buhari who is seeking re-election for a second term of office will be marking his 76th birthday and, in his own words, “still going strong.”
Yemi Osinbajo

Yemi Osinbajo presides over extended NEC

Vice President Yemi Osinbajo, is currently presiding over an extended National Economic Council (NEC) at the State House Conference, Abuja.
Vice President Yemi Osinbajo

Yemi Osinbajo chairs extended NEC session today

Vice President Yemi Osinbajo will today preside over an extended National Economic Council, NEC, at the Old Banquet Hall, Presidential Villa, Abuja.

Federal government says $4.2 billion of textiles, garments imported or smuggled into Nigeria annually

The Minister of State for Industry, Trade and Investment, Hajiya Aisha Abubakar, said the cumulative value of textiles and garments imported or smuggled into the country annually was estimated at 4.2 billion dollars.
Enyimba Economic City

Federal government partners Abia for Enyimba Economic City

The federal ministry of industry, trade and investment says it is partnering with the Abia state government and Crown Realities Plc for the development of Enyimba Economic City.
Udoma Udo Udoma, minister of budget and national planning

Udoma Udoma urges ICAN to join fight against corruption

The Institute of Chartered Accountants of Nigeria (ICAN), has been called upon to support the anti-corruption fight of the Federal Government by creating systems that promote transparency and make it difficult for diversion of resources.
Vice President, Prof. Yemi Osinbajo, has restated that he is an advocate of fiscal federalism, stronger state governments and state police.

PANDEF: Yemi Osinbajo frustrating development in Niger Delta

Pan-Niger Delta Forum, PANDEF, the umbrella body of traditional rulers, leaders and stakeholders of the Niger Delta region has accused the Vice President, Prof Yemi Osinbjo of causing confusion in the Niger Delta region with his purported abandonment of the Strategic Implementation Work Plan, SWIP, for development of the oil and gas-rich region.
Bank of Industry (BoI)

Official: BoI disburses N278 billion to 219,000 enterprises

Edet Akpan, the permanent secretary, Federal Ministry of Industry, Trade and Investment, says the Bank of Industry (BOI) has disbursed N277.89 billion to 219,515 enterprises across the country since the inception of the present administration.
Vice President Yemi Osinbajo

Yemi Osinbajo: Federal government partners AfDB on $500 million innovation fund for ICT

The Vice President, Prof. Yemi Osinbajo, on Monday, says that the Federal Government is working with African Development Bank (AfDB) to establish a 500-million-dollar innovation fund for technological growth.
Udoma Udo Udoma, minister of budget and national planning

Federal government signs $21 million deal with Japan for rehabilitation of Lagos transmission substation

The federal government has signed a grant aid project with Japan for emergency rehabilitation and reinforcement of the Lagos electricity transmission substation.

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General Abayomi Gabriel Olonisakin is the current Nigerian Chief of Defence Staff appointed to the position on July 13, 2015 by President Muhammadu Buhari.

Election: CDS reiterates military’s neutrality

The Chief of Defence Staff, Lt.-Gen. Gabriel Olonisakin, on Monday in Abuja reaffirmed military’s commitment to neutrality in the forthcoming general elections in the country.

Court of Appeal fixes date to entertain Justice Onnoghen’s appeal against trial

The Court of Appeal Abuja on Monday fixed January 24 to hear a notice of appeal seeking to restrain the trial of the Justice Walter Onnoghen, the Chief Justice of Nigeria at the Code of Conduct Tribunal.

Federal government doles out N6.7 million rewards to outstanding researchers, innovators

The Minister of Science and Technology, Dr Ogbonnaya Onu, doled out N6.750 million to researchers, innovators and investors who distinguished themselves at the just concluded Technology and Innovation Expo 2019 which took place in Enugu.
President Muhammadu Buhari on Monday launched his re-election bid in Damaturu, with a pledge to improve on the gains recorded in the security sector.-1

President Buhari pledges improved security in North-East

President Muhammadu Buhari on Monday launched his re-election bid in Damaturu, with a pledge to improve on the gains recorded in the security sector.

Police in Rivers kill three murder suspects in a shoot-out

The Rivers Police command says it has shot dead three gunmen suspected to have killed Mr Nnafor Ogbu, the Ogale Eleme Youth President.