37 m. ago FG moves to unlock idle oil assets, pledges incentives for investors

From Adanna Nnamani, Abuja The federal government has vowed to activate provisions in the Petroleum Industry Act (PIA) that will compel oil companies to either develop or farm out idle assets, as part of efforts to boost production and attract fresh investments into Nigeria’s energy sector. The Minister of State for Petroleum Resources (Oil), Senator […] The post FG moves to unlock idle oil assets, pledges incentives for investors appeared first on The Sun Nigeria.

Politics

2 h. ago Weak industrial capacity seen threatening Nigeria’s economic growth prospect

Nigeria’s industrial sector has been seen as performing below expectations, posing a substantial threat to the country’s economic growth prospects, read more Weak industrial capacity seen threatening Nigeria’s economic growth prospect

Politics

3 h. ago FG targets $150bn boost through dormant land capital unlocking initiative

The Federal Government has announced plans to unlock over $150 billion worth of dormant land capital nationwide as part of read more FG targets $150bn boost through dormant land capital unlocking initiative

Politics

4 h. ago Niger opens to investments in transportation sector — Deputy Governor

By Steve Agbota The Niger State Government has reiterated its readiness to welcome investments across all modes of transportation to drive economic growth and enhance public safety. Speaking on Thursday, August 14, the Deputy Governor, Comrade Yakubu Garba, said the State is committed to supporting initiatives that promote development while safeguarding lives. “First, let me […] The post Niger opens to investments in transportation sector — Deputy Governor appeared first on The Sun Nigeria.

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5 h. ago PenCom moves to raise police pensions to 20%, introduce health insurance for retirees

targets 75% final salary as pension for police The National Pension Commission (PenCom) has announced new reforms aimed at improving read more PenCom moves to raise police pensions to 20%, introduce health insurance for retirees

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5 h. ago Oyetola receives World Bank, reaffirms Nigeria’s resolve to harness maritime potential

From Idu Jude, Abuja The Minister of Marine and Blue Economy, His Excellency Adegboyega Oyetola, has reiterated the Federal Government’s resolve to harness the vast potential of its marine and blue economy, describing the sector as a catalyst for sustainable national economic growth. Speaking when he received a visiting World Bank delegation led by Mrs […] The post Oyetola receives World Bank, reaffirms Nigeria’s resolve to harness maritime potential appeared first on The Sun Nigeria.

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5 h. ago ‘Ajaokuta Steel Paralysis Beyond Economic Woes’, Tinubu Raises Alarm

The President outlined ongoing efforts to revive key projects, including the Ajaokuta Steel Company, and others The post ‘Ajaokuta Steel Paralysis Beyond Economic Woes’, Tinubu Raises Alarm appeared first on Channels Television.

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7 h. ago FG repositions steel sector, targets 10m tonnes of liquid steel

…Sector to generate 500,000 jobs by 2030 President Bola Tinubu has stated his commitment to repositioning the nation’s steel sector read more FG repositions steel sector, targets 10m tonnes of liquid steel

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7 h. ago FEC Approves Four Power Sector Proposals On Reforms, National Grid

The proposals were aimed at modernising ageing transmission infrastructure, improving supply reliability, and meeting rising electricity demand nationwide. The post FEC Approves Four Power Sector Proposals On Reforms, National Grid appeared first on Channels Television.

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9 h. ago Federal Gov’t Targets 60% Female Participation In New Skills Scheme

The Federal Government has announced a new national skills programme aimed at connecting 20 million young Nigerians to jobs, training, and entrepreneurship opportunities by 2030, with at least 60 per cent of beneficiaries expected to be women. This is just as Vice President Kashim Shettima has assumed the chairmanship position of the reactivated Board of […]

Events

10 h. ago Oilden Energies targets lubricant output expansion to 60,000mt by 2028

Eyes 67% of Nigeria’s lubricant Market Oilden Energies, a Nigerian-owned petroleum services company, has said it is on track to read more Oilden Energies targets lubricant output expansion to 60,000mt by 2028

Politics

10 h. ago NCC targets network resilience amid energy supply volatility

The Nigerian Communications Commission (NCC) is intensifying efforts to strengthen the resilience of the country’s telecom networks as volatility in read more NCC targets network resilience amid energy supply volatility

Politics

10 h. ago $250bn African Pensions Fund To Address Gap In Oil & Gas Sector

The critical funding challenges facing oil and gas companies in Africa can be partially offset if the continent’s $250 billion pension fund assets are deployed to finance essential oil and gas projects. African leaders have also been urged to recapitalise the region’s over 1,000 financial institutions and national development banks to ensure their funds are […]

Politics

11 h. ago FIRS hits 2025 oil revenue target early, credits Niger Delta peace

The Federal Inland Revenue Service (FIRS) has met its 2025 tax revenue target for the oil and gas sector ahead read more FIRS hits 2025 oil revenue target early, credits Niger Delta peace

Events

13 h. ago Presidency commends NIPRD for critical engagement on healthcare value chain

Tribune Online Presidency commends NIPRD for critical engagement on healthcare value chain PVAC has commended the National Institute for Pharmaceutical Research and Development (NIPRD) for convening a critical engagement on the healthcare sector, Presidency commends NIPRD for critical engagement on healthcare value chain Tribune Online

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14 h. ago FG Targets N493bn For Kano–Katsina Road, Carter Bridge Projects

The Federal Government has set a combined target of N493 billion for the upgrade of the Kano–Katsina Road and the planned construction of a new Carter Bridge in Lagos, following approvals by the Federal Executive Council (FEC) at its meeting presided over by President Bola Tinubu. Minister of Works, David Umahi, told State House correspondents […]

Politics

14 h. ago Peace Sustained In N’Delta By Armed Forces Helped Us Meet Revenue Target – FIRS

The notable rise in tax revenue from oil production activities has been closely linked to the enduring peace in the Niger Delta region. Officials have noted that the key oil-producing areas’ stable and peaceful environment has allowed companies to maximise their operations and profits. Chairman of the Federal Inland Revenue Service (FIRS) Zacch Adedeji has […]

Events

14 h. ago NCSP backs $550m initiative to revitalise Nigeria’s steel production

By Merit Ibe The Director General of the Nigeria–China Strategic Partnership (NCSP), Joseph Tegbe, has supported the  Inner Galaxy Steel Company’s $550 million expansion plan to establish a new plant in Ogun State with a projected annual output of 2 million metric tons (MMT). The announcement came during an official visit by Tegbe to Inner […] The post NCSP backs $550m initiative to revitalise Nigeria’s steel production appeared first on The Sun Nigeria.

Politics

28 h. ago Tinubu Pledges To Make Steel Sector Nigeria’s Industrial Backbone

President Bola Tinubu has restated his administration’s resolve to reposition the steel sector as the industrial heart of Nigeria and the hub of the nation’s economic diversification. Accordingly, the President outlined ongoing efforts by his administration to revamp legacy projects in the sector, such as the Ajaokuta Steel Company, the Aluminium Smelter Company of Nigeria, […]

Politics

28 h. ago FG eyes $10bn investment drive, rallies top gas industry chiefs

The Federal Government is ramping up efforts to attract at least $10 billion in investments into Nigeria’s gas sector, bringing read more FG eyes $10bn investment drive, rallies top gas industry chiefs

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