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Presidential Infrastructure Development Fund
The National Economic Council (NEC) presided over by Vice President Yemi Osinbajo on Thursday, approved additional investment of $250 million into the Nigeria Sovereign Investment Authority (NSIA).
The Senate Committee on Finance on Monday prevented the representatives of the Central Bank of Nigeria Governor, Godwin Emefiele, from addressing it on the issue of exchange rates for funding key projects.
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday.
The Senate Committee on Finance has summoned the Governor of Central Bank of Nigeria, Godwin Emefiele, to appear before it on Monday (today).
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushion against unexpected price shock.
Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said under-recovery of premium motor spirit (PMS), popularly referred to as fuel subsidy, will gulp N450 billion in 2020.
Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
Vice President Yemi Osinbajo has given an assurance that the President Muhammadu Buhari’s administration will bring the Second Niger Bridge project to fruition.
The Nigeria Sovereign Investment Agency (NSIA) says earnings described as “value addition” from various investments with its seed capital since it began operations in 2013 stands at over $350 million.
The Federal Government has 58 ongoing road and bridge projects in the South East, Minister of State for Power, Works and Housing, Alhaji Mustapha Shehuri, has said.
President Muhammadu Buhari has approved the appointment of two Executive Directors to the Nigerian Sovereign Investment Authority (NSIA) Board.
President Muhammadu Buhari, who was on campaign trail to Lagos on Saturday, said his administration’s economic policies have been making the desired impact as evidenced by steady growth in the economy in the last three years.
Miffed by the recent endorsement of the Peoples Democratic Party (PDP) presidential candidate, Atiku Abubakar, by the Igbo socio-political organisation, Ohanaeze Ndigbo, the All Progressives Congress (APC) has warned the South East geopolitical zone to be wary of the machinations of conmen masquerading as ‘messiahs’ in the garb of politicians.
Nigeria’s vice president, Yemi Osinbajo, on Wednesday reiterated the need for Nigeria to exploit the potential of diaspora investment in its bid to facilitate growth and diversify the economy.
Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN), has declared that his ministry has delivered visible and qualitative achievements to Nigerians since his appointment in November 2015.
We must first commend the Hon. Minister of Information and Culture for inaugurating this series of town hall meetings that have been held across Nigeria over the past 3 years.
The Federal Government has released a list of 69 ongoing road and bridge projects in the South-east.
The Presidency yesterday released the record of its economic performance since 2015, stating that the new forex (FX) window introduced by the Central Bank of Nigeria (CBN) in April, 2017, yielded an average of $1 billion turnover every week and $25 billion inflows in one year.
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The National Broadcasting Commission (NBC), has said the new broadcasting regulations were not intended to gag Nigerians from expressing their views.
Some 141 doctors and paramedics at a public hospital in Rome have been charged with fraud for giving free medical tests to friends and family evading regional taxes, police said on Friday.
The Central Bank of Nigeria (CBN) on Friday, February 21, 2020, continued its intervention in the inter-bank foreign exchange market by injecting the sum of $292.34million into the retail Secondary Market Intervention Sales (SMIS).
A new acting General Manager has been appointed for the Kwara State Printing and Publishing Corporation (The Herald Newspapers).
The Imo State government has renamed the Imo State College of Education, Ihitte Uboma after the late Senator Benjamin Uwajumogu as a way to mortalizing him for his service to the state.
The Lagos State Government on Tuesday inducted 1,000 newly employed secondary school teachers to boost education standards in the state.
No fewer than 34 traffic offender were arraigned before the Mobile Court as the intensive enforcement of traffic rules begins in the Territory, the Director of FCT Directorate Of Road Traffic Services (DRTS), Mr. Wadata Bodinga, has said.
Some residents of Kuje Area Council of Federal Capital Territory (FCT), on Tuesday expressed concern over the rate of motorcycles operating without number plates in the area.
Lagos State Government says it will close down the Adejobi Street in Agege area on Sunday to facilitate the completion of the ongoing construction of the Lagos-Ibadan Standard Gauge Rail line.
The Adamawa Polytechnic, Yola, has recommended the state Ministry of Tertiary and Professional Education, to terminate the appointment of four lecturers involved in examination malpractice.