Category: Development
Federal Government Awards Contracts for Renewed Hope Cities and Estates Nationwide
The Minister of Housing and Urban Development, Arc Ahmed Musa Dangiwa, has announced that the Federal Government has awarded contracts for the construction of Renewed Hope Cities and Estates in 12 states across Nigeria, as part of efforts to address the country’s housing deficit. Dangiwa made this disclosure during a meeting with members of the…
Minister of Steel Development Dissolves National Steel Council Board
In a move aimed at repositioning the steel industry in Nigeria, the Honourable Minister of Steel Development, Prince Shuaibu Abubakar Audu, has dissolved the former Board of the National Steel Council (NSC), prohibiting it from conducting any activities on behalf of the Council. The dissolution, outlined in a letter addressed to the Executive Secretary of…
Nigeria Aims to Produce 4,000 Metric Tonnes of Lithium Daily, Says Vice President Shettima
Nigeria is gearing up to become a major player in the global lithium market, with plans underway to produce a staggering 4,000 metric tonnes of lithium daily. Vice President Kashim Shettima made this announcement on Monday during discussions aimed at revitalizing Nigeria’s mining industry. Speaking at the opening of a two-day forum in Abuja, Vice…
FG Allocates N20 Billion Augmentation Fee to Julius Berger for Bodo-Bonny Road Construction
The Federal Government has taken significant steps to resolve the impasse with Julius Berger Plc over the construction of the N200 billion Bodo-Bonny Road in Rivers State. Following a recent meeting between the Minister of Works, Dave Umahi, and Julius Berger’s Managing Director, Dr. Lars Richter, the government has allocated an additional N20 billion augmentation…
President Tinubu Appoints New CEOs for Culture Agencies
President Bola Tinubu has made significant appointments, naming eleven new Chief Executive Officers to head various agencies under the Federal Ministry of Art, Culture, and Creative Economy. The appointments span across different regions of the country, with notable representation from various ethnic groups. The breakdown of the appointments reflects a diverse geographical spread, as follows:…
PRESIDENT TINUBU SECURES $600 MILLION INVESTMENT FROM MAERSK FOR NIGERIAN SEAPORT INFRASTRUCTURE EXPANSION
In a groundbreaking development, President Bola Tinubu has successfully secured a monumental investment of $600 million from Danish shipping and logistics giant, A.P Moller-Maersk, aimed at expanding existing port infrastructure to accommodate more container shipping services in Nigerian ports. The announcement came during a high-level meeting between President Tinubu and Chairman of A.P Moller-Maersk, Mr….
Federal Government Unveils Ambitious Plan to Generate 2.5 Million Jobs Through LEEP
In a bold move to address unemployment and bolster economic growth, the Federal Government has announced its intention to create 2.5 million jobs through the Labour Employment Enhancement Programme (LEEP) under the Ministry of Labour and Employment. The Minister of State for Labour and Employment, Mrs. Nkeiruka Onyejeocha, made this revelation during the pre-inauguration ceremony…
National Economic Council Approves $617.7 Million for i-DICE Programme Nationwide
In a significant move towards advancing Nigeria’s technological landscape and boosting economic diversification, the National Economic Council has greenlit a $617.7 million investment in the Digital and Creative Enterprises (i-DICE) programme. Here’s all you need to know about this groundbreaking initiative: 1. Objective:The primary aim of the i-DICE programme is threefold: 2. Location:The approved investment…
FG Sets Ultimatum for Abuja-Lokoja-Benin Road Contractors: Sign Contract or Forfeit Job
The Federal Government has issued a stern ultimatum to construction companies working on the Abuja-Lokoja-Benin highway, demanding their prompt signing of a N870 billion contract by Thursday, April 25, and Friday, April 26, 2024. Failure to meet this deadline will result in their removal from the project. Minister of Works, David Umahi, announced the deadline,…
Lagos State Government Doubles Minimum Wage for State Workers
In a significant move aimed at improving the welfare of civil servants in Lagos State, Governor Babajide Sanwo-Olu has announced a doubling of the minimum wage. Effective immediately, the minimum wage for Lagos state workers has been increased from 35,000 Naira to 70,000 Naira. The announcement comes as welcome news to thousands of workers across…