The federal government has said it will be meeting with the state governments to review some World Bank assisted projects in their domains, with the view of transferring failing projects to more viable states.
Such projects, the federal ministry of finance explained, have stalled the implementa [...]
The Nigerian Electricity Regulatory Commission, NERC, has fined two distribution companies over N6million for failing to comply with the decisions of Forum Offices rulings in complaints filed by their customers.
The Commission in Directive 153 imposed the sum of N5.010million sanction on Benin E [...]
A total of 56 telecommunication and ICT based proposals has so far been submitted to the federal government’s committee on research submission on ways to improve telecom services in the country, the Nigerian Communications Commission, NCC, has said.
Speaking recently at the at the inaugura [...]
As part of plans to encourage small businesses, and spur the economy, the Federal Government said it is set to reduce tax rates payable by Small, Micro and Medium Enterprises, SMMEs, in the country.
The incentive, which is part of recommendations by the Prof. Abiola Sanni-led tax review committe [...]
In a bid to improve the diversification of sources of funds for development at the sub-national levels, the federal government last week approved the guidelines for granting liquid asset status to Sukuk instruments issued by state governments.
According to the Central Bank, the new guideline for [...]
As part of its industrialization policy, the Benue state government said it has commenced the process to generate 10 megawatts of electricity for the state.
Governor Samuel Ortom, who disclosed this in Makurdi last week, said he had met with the Acting Chairman of Nigeria Electricity Regulatory [...]
The Federal Government has said it is working at improving staple rice production to seven million tons from the year 2017, with the new technology of rice production developed by Japan International Corporation Agency, JICA.
Speaking at a meeting with a delegation from JICA, the Minister of Agr [...]
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