A committee tagged “Project Implementation Committee” for the provision and installation of surveillance systems on the Abuja-Kaduna highway has been inaugurated by the federal government. Henshaw Ogubike, the spokesman of the Ministry of Defence, explained that it was part of the strategies being put in place to address the raging security challenges, particularly on the […]
Kidnapping: FG to rehabilitate four rescued Abuja girls
The Federal Government is committed to providing comprehensive rehabilitation for the four girls rescued from the Al-Kadriyar family after enduring two weeks in the kidnappers’ den. Mrs Uju Kennedy-Ohanenye, Minister of Women Affairs, made this known on Monday after a visit to the rescued girls at a facility where they are undergoing medical treatment. “The […]
Nigerian govt gives GSK approval to exit NGX
The Nigerian federal government, through the Security and Exchange Commission, SEC, has approved the request by international multinational, GlaxoSmithKline Consumer Nigeria Plc, GSK, to be delisted from the Nigerian Stock Exchange. The company disclosed this in a recent notification to NGX. Accordingly, GSK Consumer Nigeria also said the order of the Federal High Court sanctioning […]
Nigerian govt vows to address sudden deaths among civil servants
The Nigerian Government, through the Office of the Head of the Civil Service of the Federation, OHCSF, has vowed to address preventable Non-Communicable Diseases, NCDS, and sudden deaths among the workforce. The Head of Civil Service of the Federation said this was of paramount necessity and in line with the government’s mandate of optimizing the […]
Students’ loan: It’s reality – Nigerian govt reveals when scheme will commence
The Federal Government has assured that its Student Loan Scheme will kick off this January. The government said the Scheme is still on track to commence this month, adding that students who apply through its soon-to-be-completed website, can access the facility within 30 days. The Minister of State for Education, Dr Yusuf Sununu, disclosed this […]
Economic crisis: Nigerian govt runs to World Bank for $1.5b
The Minister of Finance, Wale Edun, has disclosed that Nigeria is in talks with the World Bank for up to $1.5 billion funding to alleviate a severe dollar shortage. He said the move will also support the national budget as the severe dollar shortage has contributed to the Naira’s steep decline. Edun said this on […]
Nigerian govt approves electricity tariff increase, says subsidy to gulp N1.6tn in 2024
The federal government, through the Nigerian Electricity Regulatory Commission, NERC, has approved a new cost-reflective tariff increase for the electricity distribution companies in Nigeria. This is as the commission stated that the electricity subsidy will gulp N1.6 trillion in 2024. NERC disclosed this in a Multi-Year Tariff Order for DisCos uploaded on its official website […]
FG to issue executive order to slash medicine costs
The federal government will soon issue an executive order to regulate pharmaceutical prices and make essential medicines more affordable for citizens. Coordinating Minister of Health, Ali Pate, disclosed this to State House correspondents on Wednesday after the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu at the Presidential Villa. He stated that […]