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Nigerian President Targets 3.5 Million Agricultural Jobs

Nigeria's Agricultural Transformation Action Plan (ATAP) of the Federal Government will create 3.5 million jobs and add 20 million tonnes of food to the...

Show Some Fiscal Discipline, Sanusi Tells Nigerian Government

AFRICANGLOBE - The Governor of the Central Bank of Nigeria (CBN), Mallam Sanusi Lamido Sanusi, Monday night reiterated the need for Nigeria's Federal Government to imbibe sound fiscal discipline in order to ensure stable exchange and low interest rates in the country. Sanusi, who said this after receiving Forbes African Person of the Year at a dinner in Lagos, said Nigeria could not achieve stable exchange and low interest rates with her current spending pattern.

Nigeria Imported $8 Billion Worth of Petroleum Products in 2011- Sanusi

The Governor of Central Bank of Nigeria (CBN), Mallam Sanusi Lamido, has said that the federal government spent $8 billion on the importation of petroleum products in 2011 alone through oil marketers.

Face-Off Between Nigerian Govt and British Airways Heats Up

As the deadline by the Federal Government to the United Kingdom's mega carrier, British Airways (BA) to reduce its flight frequencies from seven to three times a week expires tomorrow, Aviation Minister, Princess Stella Oduah yesterday insisted that the British Government was wrong in disrespecting the Bilateral Air Service Agreement signed by both countries.

Federal Report: L.A. Schools Provide Inferior Education to Black Students

On Tuesday, the U.S. Department of Education announced that, after a 19-month civil rights investigation, they found that the Los Angeles Unified School District was failing to provide equal education to English-learners and Black students. In turn, this systemic failure has resulted in widespread academic disparities in the nation’s second largest school district, they said.

Nigeria Federal Government Plans 50,000 Jobs

Nigeria's Federal Government on Monday, said it is targeting the creation of about 50,000 new jobs and 6,000 young entrepreneurs within the next three years with the launch of the Youth Enterprise with Innovation in Nigeria, YOU WIN, project.

Nigeria to Create Investment Centres Around the World

In its bid to ensure that Nigeria continues to be a top investment destination globally, Nigeria's Federal Government said it would create investment centres in about six geographic zones around the world.

Nigeria to Secure U.S.$550 Million World Bank Loan

Nigerias Federal Government in its bid to meet its transformation agenda and fix the polluted land in the Niger Delta and other parts of the country is negotiating a $550 million financing, Coordinating Minister of the Nigerian Economy and Minister of Finance, Ngozi Okonjo-Iweala, has said.

Nigeria Needs $10 Billion Annually to Achieve 40,000 Megawatts

Nigeria's Federal Government on Thursday said for Nigeria to achieve 40,000 Megawatts by 2020, it has to make an investment of $10 billion in its power sector annually over the next 10 years.

Nigeria Aims to Launch Its Own Rockets Into Space

Following the successful launch of SAT- 2 and SAT- X to the orbit on August 17, nigeria's Federal Government is set to launch its own rocket into space.

Nigeria and European Consortium Signs Billion Dollar Investment MOU

Nigeria's Federal Government has signed a Memorandum of Understanding with a consortium of Swiss and European investors for the investment of N240bn ($1.6bn) in the power, petroleum and housing sectors of the Nigerian economy.

Nigerian Govt Secures Big New Investments

Nigeria's Federal Government has secured about N2.2 trillion investment commitment from foreign and local investors for the non-oil sector of the Nigerian economy which will be invested in the country within the next 12 months.

Nigerian Govt Rolls Out Plan for Masive Rail Network

Nigeria's Federal Government has concluded plans to embark on massive rail project, including linking of the nation's seaports and airports with rail services.

Nigeria to Implement Tourism Master Plan

Nigeria's Federal Government will implement its tourism development master plan, Minister of Tourism, Culture and National Orientation Duke Edem has said. The minister, who spoke...

Nigeria's Power Woes to End by 2015 – President

President Goodluck Jonathan yesterday said his administration remains committed to the attainment of uninterrupted power supply in Nigeria before the end of its tenure in 2015.

Government of Nigeria Creates Investment Ministry, Targets Creation of Three Million...

Nigeria's Federal Government, this week, created the Ministry of Trade and Investment in line with its promise to transform the economy within the next...