Tag Archives: Federal Government

The Federal Government is investing N16.6 billion of the N100 billion Sukuk Bond for rehabilitation of some roads in the South East geopolitical zone. The News Agency of Nigeria (NAN) reports that the Federal Government had in October, 2017 released the proceeds of the N100 billion Sukuk bond to 25 key economic road projects across the country. The Director of ...

The Federal Executive Council (FEC) has approved N2.2 billion for the reconstruction and rehabilitation of the Bill Clinton Airport road in the Federal Capital Territory. The Council also approved N273 million for the procurement of ‘field materials’ for the FCT Water Board in its quest to provide potable water in the Federal Capital Territory. This was made known in a ...

The Federal Government has made provision to deliver 3,500 housing units in the 2018 Budget estimates. Minister of Power, Works and Housing, Mr. Babatunde Raji Fashola, disclosed this when he declared open the 3rd national Real Estate Summit in Abuja recently. Fashola also said that the construction of over 2700 housing units began in 2017, would be delivered soon. The ...

The Senate President, Dr Bukola Saraki has assured Nigerians that the federal government is committed to security of lives and property in every part of the country. He said the legislature would continue to collaborate with the executive to ensure that Nigerians are safe wherever they live across the country. Saraki gave the assurance in Kaiama, Kwara state where he ...

The Federal Government says it is committed to investing about N1.3 trillion annually on capital projects to bridge the infrastructure gap needed to attract investments into the country. The Minister of Finance, Kemi Adeosun, who disclosed this in Abuja on Tuesday, said government’s commitment to solving the infrastructure development challenges in the economy was firm. The minister was speaking in ...

President Muhammadu Buhari has said the Federal Government will site many projects in Nasarawa State to attract foreign investors in the country. The president stated this on Tuesday in Lafia during a one-day working visit to commission various projects built by the federal and state governments in various locations in the state. He said “Considering the proximity of Nasarawa State ...

Governor Nyesom Wike of Rivers State has described the Federal Government as a failure. Wike said the President Muhammadu Buhari administration should admit it has failed in securing of lives and property in Nigeria. The Governor was reacting to the massacre of Benue state people by Fulani herdsmen. He was in the state to commensurate with the government and people ...

Fulani herdsmen have been fingered in a fire incident that destroyed properties worth millions of naira at the National Youth Development Centre Mgbakwu in Awka North Local Government area of Anambra State. The fire, which burnt down the bungalow housing the office of the principal of the center, was alleged to have been ignited by some suspected Fulani herdsmen grazing ...

YORUBA leaders under the aegis of Yoruba Summit rose at an extraordinary session on Thursday in Lagos to denounce the renewed attacks on Yoruba property and persons by Fulani herdsmen, describing such as unwarranted and provocative. This was just as they declared their strong objections to what they termed the obnoxious and vexatious proposal by the Federal Government to establish Cow Colonies ...

The Federal Government has threatened to revoke the remodelling contract of the domestic wing of the Port Harcourt Airport due to slow pace of work by the contractor. The Minister of State for Aviation, Hadi Sirika, made this known to journalists during an inspection of ongoing construction at the Port Harcourt International Airport yesterday. He said that work on the ...