A report obtained on Monday revealed that the Federal Government of Nigeria incurred an estimated loss of $16 trillion due to natural gas flaring over the past decade, spanning from […]
Tag: federal government
Federal government allocates N7.76tn for salaries and other expenditures
The recently negotiated wage agreement between the Federal Government and the Labour Congress, along with salaries for federal workers and other non-debt recurrent costs, is anticipated to consume N7.76tn in […]
Federal government achieves N1.45 trillion savings through subsidy removal
Government records obtained from the Nigeria Governors Forum and National Bureau of Statistics websites reveal that the federal government has managed to save approximately N1.45 trillion from the removal of […]
Federal government launches CNG conversion center in Abuja
The Federal Government of Nigeria has officially inaugurated a pilot conversion center in the Federal Capital Territory, dedicated to converting vehicles to run on compressed natural gas (CNG). The government […]
Federal government calls for enhanced contribution of solid minerals sector to Nigeria’s economy
The Federal Government has expressed dissatisfaction with the underperformance of the solid minerals sector in contributing to Nigeria’s Gross Domestic Product (GDP) and revenue generation. ‘ According to data from […]
Federal Government threatens to publish names of companies violating expatriate quota policy
The Federal Government of Nigeria is threatening to publish the names of companies that do not comply with the country’s expatriate quota policy. The policy requires Nigerian and foreign companies […]
Federal government disconnects discos from national grid over unpaid debt
The Federal Government of Nigeria, through the Transmission Company of Nigeria and the Market Operator, has begun a disconnection exercise against debtor electricity distribution companies that may leave millions of […]
Federal Government disburses N45.3bn to states and FCT
The Federal Government has given its approval for the release of N45.3bn as reimbursement to states and the FCT for the implementation of the Nigeria COVID-19 Action Recovery and Economic […]
Federal Government reveals that Nigeria lost N29tn due to fuel subsidies and oil theft
The Federal Government has disclosed that Nigeria has spent a total of N13 trillion ($74 billion) on subsidizing Premium Motor Spirit, commonly known as petrol, between 2005 and 2021. This […]
We’re not officially aware of any individuals in the Presidential Villa working against Bola Tinubu – Lai Mohammed
The Federal Government has stated that it is not aware of any official in the Presidential Villa working against the All Progressives Congress (APC) presidential candidate, Bola Tinubu, as alleged […]