Tag: FG
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P&ID: UK Court gives FG permission to challenge contract award
The UK Court has delivered a judgment, granting the Federal Republic of Nigeria (FRN) permission to proceed with its challenge to the $10 billion arbitral award made against it about three years ago. Dr. Umar Gwandu, the Special Assistant on Media and Public Relations to the Attorney-General of the Federation (AGF) and Minister of Justice,…
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FG no longer fixing petrol price – timipre sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has reiterated that the federal government is no longer fixing the pump price of petroleum products in the country.Sylva made this known while briefing newsmen on the increase in the pump price of Premium Motor Spirt (PMS), also known as petrol. Recall that the Petroleum…
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FG, National Assembly bringing rejected water bill through the back door, says Soyinka
Bill will give President absolute control of water resources across Nigeria —Playwright Playwright and social critic, Prof Wole Soyinka, has faulted attempts by the Federal Government with the connivance of the National Assembly to return the National Water Resources Bill rejected by the public in 2018. There were reports that that the House of Representatives…
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Borno Attacks: Flush Out Boko Haram From Lake Chad- Senate To FG
The Senate has asked the Federal Government to urgently deploy more military personnel and operatives of other security agencies to flush out Boko Haram insurgents from the Lake Chad region. This request followed a ‘Point of Order’ raised by Senator Abubakar Kyari during plenary on Thursday in the Senate Chamber of the National Assembly in…
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Ganduje cries out to Buhari for help over COVID-19
Governor Umar Abdullahi Ganduje of Kano State has openly cried out to the Federal Government to come to the rescue of the state in its fight against the novel coronavirus. Governor Ganduje said, “Despite our population with less economic power than Lagos State, which is economically viable, the federal government didn’t give any support while…
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FG Reduces Petrol Price From N145 per litre to N130 per litre
The Federal Government may have directed the reduction in the petrol price from N145 per litre to about N130. Minister of State for Petroleum Resources, Timipre Sylva, had last week said the government was in consultation with relevant stakeholders on the possibility of reducing the petrol price following the crash in crude oil prices in…
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Plans to borrow $22.7bn suspended – FG
The Minister of Finance, Mrs. Zainab Ahmed, yesterday, disclosed that the Federal Government has suspended its $22.7 billion external borrowing plans due to current realities in the global economic landscape driven by the fall-outs of the Coronavirus (COVID-19) pandemic. Speaking in Abuja, at the 2020 International Conference on the Nigerian Commodities Market, organized by the…
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Boko Haram: FG reveals how Nigerians can end insecurity
Secretary to the Government of the Federation, Mr Boss Mustapha, has said Nigerians must uphold the tenets of moral, religious, and cultural values to put an end to terrorist attacks and insecurity in the country. Mustapha, represented by Permanent Secretary SGF office, Dr Amina Shamaki, said this at the Lagos Chamber of Commerce and Industry…
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Don’t restore Nnamdi Kanu’s bail, FG tells court
The Federal Government has asked the Federal High Court in Abuja to reject a request by the leader of the Indigenous People of Biafra, Nnamdi Kanu, to restore his revoked bail. Sunday PUNCH on Friday obtained the counter-affidavit filed before the court by the Federal Government to oppose an application filed in April last year by…
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Lack of policy direction by FG weakens Nigeria’s economic outlook, says World Bank
Uncertainty over the direction of the Federal Government’s policies has weakened Nigeria’s economic outlook, according to the World Bank’s January 2020 Global Economic Prospects report. The World Bank in the report projected that the Nigerian economy would grow by 2.1 per cent this year. The projected growth rate was described as ‘subdued’. The predicted growth…