Tag Archives: FG

FG To List $1 Bn Eurobond On NSE

FRIDAY EKEOBA The Federal Government will tomorrow (Thursday) list its $1 billion Eurobond issued under the domestic economy newly established Global Medium Term Note programme on the floor of the Nigerian Stock Exchange (NSE). The15-year domestic Sovereign Eurobond priced at par and at a coupon of 7.875% per annum is the first foreign currency denominated security to be listed and …

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Nigerian Government Should Tread Path of Sincerity- Overseer of First Love Assembly

Over the years, Pastor Simeon Afolabi, the serving Overseer of First Love Assembly, Lagos has carried out massive campaigns among pastors and heads of ministries across Nigeria with his Ministers’ Conference through his partnering organization, the Revival Promotion Partners. Afolabi who recently unveiled three books which are manuals for ministers of the gospel who must get it right, in this …

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Nigeria seeks global support to deal with North East humanitarian crisis

The Federal Government will be seeking global support for its effort to arrest and end the humanitarian challenges in the North east of country and the surrounding Lake Chad region at a two-day internationalconference opening in Oslo, Norway, on Thursday (tomorrow). Norway is organizing the conference jointly with Nigeria and Germany, and in close collaboration with the United Nations. Foreign …

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No N250m Provision for VP’s Gate-House in 2017 Budget—FG

The attention of the Ministry of Budget and National Planning has been drawn to a series of misleading information circulating and being given prominence in the media regarding some purported provisions in the 2017 Budget proposals. This development has been going on for some time now, the latest being the false statement to the effect that a provision of N250 …

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FG nets $2.445bn from crude sales in 2016

The Nigerian National Petroleum Corporation (NNPC), yesterday disclosed that total export sales of crude oil and gas for the country from January to December 2016 stands at $2,445,451,363. According to a statement from the Group General Manager, Group Public Affairs Division, Ndu Ughamadu, the national oil firm recorded a total export sale of $195.40 million in crude oil and gas …

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FG, EU sign €70m health deal

The Federal Government has signed a €70m grant agreement with the European Union to improve access to effective health care and nutrition in five states and push for polio eradication programmes. Speaking at the signing ceremony on Thursday in Abuja, Mr Michael Arrion, Head, EU Delegation to Nigeria, said EU considers support to the health sector in Nigeria a priority. …

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FG Doles out N70m to 56 Local Inventors

The federal government yesterday rewarded Mr. Ezekiel Izuogu with N10 million and 55 other inventors with N60 million for their efforts in the manufacture of unique scientific inventions and innovations. Presenting the cheques to the awardees in Abuja, the Minister of Science and Technology, Dr. Ogbonnaya Onu said the grants arising from the result of the findings of the Presidential …

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FG to Provide Incentives to Investors in Critical Sectors

The Federal Government will provide incentives and the necessary logistics support to investors whose areas of interest are in the development of the agriculture and energy sectors as well as industrialization. These are also the major execution priority areas of the Economy Recovery and Growth Plan (ERGP) being developed by Government to get the country’s economy out of recession and …

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FG to Unveil New 4 years Economic Road Map next week …says 2017 Budget ready, but?

FG to Unveil New 4 years Economic Road Map next week  …says 2017 Budget ready, but? FRIDAY EKEOBA Determined to jump start the domestic economy, the Federal Government of Nigeria yesterday disclosed its readiness to unveil a new four years economic road map known as Nigeria’s Economic Recovery and Growth Plan (NERGP), 2017-2020. Minister of Budget and National Planning, Senator …

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Buhari Names 46 Ambassadorial Nominees

Buhari names 46 ambassadorial nominees President Muhammadu Buhari has sent the names of 46 nominees to the Senate as ambassadors. Among the nominees are Pauline Tallen, Olorunibe Mamora and Musa Ibeto who was formerly nominated minister before his nomination was withdrawn in 2015. Mr. Mamora, a former speaker of the Lagos State House of Assembly, was also a member of …

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