FG to cut stakes in JV with Shell, Chevron, others

The Federal Government plans to cut its stakes in joint oil ventures with international oil companies to 40 per cent this year, the Minister of Budget and National Planning, Senator Udo Udoma, has said. The government is pushing ahead with…

FG advocates compensation for electricity meter service providers

THE Federal Government has directed the Nigeria Electricity Regulatory Commission, NERC to provide a framework for compensating the electricity meter service providers in the nation. The government has also ordered the Commission to emerge with a regulation that would enable…

ASUU begins nationwide indefinite strike

  The Academic Staff Union of Universities (ASUU) has embarked on an indefinite strike. In a memo to lecturers dated August 12, Biodun Ogunyemi, president of the ASUU national strike coordinating committee, said they resolved to go on the strike…

FG to stop production of Nigerian movies, music abroad – Minister says

  Lai Mohammed, made this known on Saturday in Lagos when he paid a visit to the headquarters of the Copyright Society of Nigeria (COSON). The Federal Government says it has taken steps to amend the Nigeria Broadcasting Code to…