Association of Ministry of Works' Contractors( AMWC), have commended President Bola Tinubu for the seamless arrangement in the payment of money to contractors handling road projects in the Federal Ministry of Works. Special Adviser on Media to the Minister of Works, Barr. Orji Uchenna announced the development in a statement issued...
The Latest Consumer Price Index (CPI) report released by the National Bureau of Statistics (NBS) on Friday shows that the nation’s headline inflation rate increased to 31.70 percent in February 2024, relative to the 29.90 percent recorded in January 2024. NBS said, looking at the movement, the February 2024 headline...
Federal Government has appealed to the International Fund for Agricultural Development (IFAD) to speedily release the $5million grant earmarked for the country to boost food security. This is even as it lauded IFAD for being a formidable force in addressing unprecedented challenges facing the global food system. The Minister of Agriculture...
The Senate has dismissed media reports attributed to it on plans to expose all “frauds associated with the contracts and management of the Turn Around Maintenance of the nation’s refineries”. Mr. Olufemi Soneye, the Chief Corporate Communications Officer of the Nigerian National Petroleum Company Limited in a statement said, a...
The latest report from the National Bureau of Statistics (NBS) shows that the Value Added Tax (VAT) payments for Q4 2023 increased to N1.20 trillion, indicating a growth rate of 26.61% on a quarter-on-quarter basis from N948.07 billion recorded in Q3 2023. According to the NBS’s report, local payments recorded...
Secretary General of the Organisation of the Petroleum Exporting Countries (OPEC), H.E Haitham Al Ghais will highlight African oil market investment opportunities and discuss Africa's role in global energy security at the African Energy Week (AEW) 2024. The Africa's leading energy sector event, will place in Cape Town from November...
…As Ogun Govt lauds Ibese Plant The Dangote Cement has trained no fewer than 305 Ibese host communities’ youths in different vocations since the commencement of operations in Ibese, according to a statement by the company on Wednesday. This is just as the Ogun State government lauded the efforts of Dangote...
The Managing Director and Chief Executive Officer of Nigeria LNG Limited (NLNG), Dr. Philip Mshelbila, is optimistic that the recent Executive Order on Oil and Gas Reforms signed by President Bola Tinubu would unlock gas investments in the sector. Dr. Mshelbila said, the policy directives will be crucial in unlocking...
In a bid to ensure affordable housing units for their citizens, the Governor of Nasarawa State, Abdullahi Sule, and his Borno counterpart, Prof. Babagana Zulum have pledged commitment to make lands available in their respective states for the Renewed Hope Cities and Estates programme of the Federal Government. According to...
Minister of Works, Engr. David Umahi has said that his clamour for concrete road is yielding positive result as more states are making using of it. The Minister's Spokesperson, Barr. Orji Uchenna disclosed this in a statement issued on Monday, March 11, 2024. According to the statement, the Minister said this...