Aviation
Fuel Subsidy: FG secures $800 million World Bank facility
The Federal Minister of Finance, Budget and Planning of Nigeria, Zainab Ahmed gave the announcement during the weekly after the Federal Executive Council meeting chaired by President Muhammadu Buhari today.
Newslensng reports that the Federal Government has announced an $800 million grant from the World Bank, targeting 50 million vulnerable Nigerians or 10 million households, as part of its palliatives measures ahead of the planned subsidy removal in June 2023.
This online newspaper understands that the Minister of Finance, Budget and National Planning, Zainab Ahmed gave the announcement during the weekly after the Federal Executive Council meeting chaired by President Muhammadu Buhari today.
ALSO: Easter: FG Declares Friday, Monday As Public Holidays
Reports that Mrs Ahmed underscored that engagements are ongoing with the newly established Presidential Transition Council (PTC) and the incoming administration, to drive the palliative program, which includes the need for buses among various considerations.
Meanwhile the Federal Government has approved the sum of 10.9 billion naira for the supply and installation of information and communication technology components for the 2023 National population census scheduled to hold in May.
This was part of the approvals by FEC today chaired by President Muhammadu Buhari.
More details shortly.
BREAKING: Peter Obi Sues Peoples Gazette Newspaper Over Fake Audio Tape
5 hours ago
Defence Headquarters Confirms Hacking of Social Media Account, Warns Nigerians Against Fake Posts
Governor Ademola Adeleke Re-Endorses President Tinubu For 2027 After Election Victory
INEC Declares Ademola Adeleke Winner of Osun Governorship Election
INTERNATIONAL CRUSADE FOR ZION MINISTRY KICKS OFF IN IMO STATE FRIDAY
Osun Election: Soldiers Bar Davido From Entering Osun State, Singer Raises Alarm
2027: Great Joshua MacIver Declares Governorship Ambition, Pledges ₦70m Monthly to PDP
Access’ Recognition by CFA Society Signals a New Standard for Developing Africa’s Future Financial Leaders
NPS Processes Over 26 Million Transactions as First Bank and Fidelity Bank Lead in Volume and Value
Nigeria Police Summon APC Senator Fadahunsi Over Alleged Threat Against Accord Members
Dangote Refinery: Domestic Crude Must Be Available and Commercially Viable
Tanzania Eyes Expanded Dangote Investments in Fertiliser, Energy, Infrastructure
EPINMI AKOKO: A COMMUNITY REAWAKENED, ON PATH OF RENEWAL UNDER OBA AYODELE IDRIS
Visa Dreams Turn Nightmare as Woman Allegedly Swindles 93 Nigerians of ₦42.3million
Globacom Leads Nigeria’s Internet Subscriber Growth, Adds 1.2 Million Users in One Month
Dangote Outpaces US Again, Emerges Europe’s Biggest Jet Fuel Supplier
