News From MDA’S

We provide latest information, news, laws, government policies on all Nigerian ministries, departments and agencies of government.

FG spent N4.33trn on capital projects in 3 years, budget minister says

Nigeria has spent a total of N4.33 trillion to execute its capital projects in the last three years, Minister of Budget and National...

Nigeria MPC retains MPR at 13.5%

Nigeria’s central bank on Tuesday retained its interest rate amid rising inflation. The Monetary Policy Committee held the rate at 13.5 percent in...

FEC approves another $1bn Chinese loan for Gurara hydropower project

The Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari, on Wednesday approved $1 billion Chinese loan from Chinese EXIM Bank...

Nigerian government approves $3.9bn for Warri seaport, transport minister says

The Nigerian government has approved $3.9bn for the construction for Warri seaport, and separately awarded the contract for the Abuja-Warri rail line, country’s...

Emefiele returns as CBN governor

The governor of Central Bank of Nigeria, Godwin Emefiele, has confirmed that he is returning for second term. Emefiele confirmed this at an ongoing...

Exclusive: CBN could invest N20billion in Nigeria’s cotton production

As NACOTAN sees investment as expanding ginnery business, attracting more investors New details have emerged on the investment from the Central Bank of...

Buhari to New NEDC Board: Focus on Reconstructing Damaged Infrastructure

President Muhammadu Buhari on Wednesday, inaugurated the North-East Development Commission (NEDC),  with a charge that members of the board should collectively change the narative...

CBN partners over 100,000 farmers to boost cotton output

Crackdown on textile smuggling   The Central Bank of Nigeria on Monday flagged off a new partnership with cotton farmers in the country...

FG employs, offers scholarships to 168 outstanding corps members.

The Federal Government has offered immediate employment to 168 outstanding members of the National Youth Service Corps, (NYSC), who served in 2015, 2016...

Nigeria’s porous, problematic borders: FEC approves N52bn for e-monitoring

Protecting hundreds of Nigeria’s porous border, as some pundits assert, is not just an economic issue, or a problem of criminal drug trafficking,...

Civil Servants Don’t Have the Skills They Need – HoS Oyo-Ita

The Head of Civil Service of the Federation (HoCSF), Mrs. Winifred Oyo-Ita, has said that shortage of people with the necessary skills and...

CBN injects 254.8m, CNY 35.8m into Forex Retail SMIS

Following the injection of $210 million into the wholesale segment of the Inter-Bank Foreign Exchange market on Tuesday, April 16, 2019, the Central...

Buhari To Ministers: Submit Performance Reports Within One Week

President Muhammadu Buhari on Wednesday asked ministers in his cabinet to submit “status reports on policies, programs and projects” from their respective ministries, departments...

Despite IMF Warning, Nigeria Secures Another $247 million Foreign Loan

Despite the International Monetary Fund (IMF) warning on Nigeria’s rising debt and taking loans from foreign institutions, the Federal Government has approved another...

FG targets to train 25,000 civil servants by 2020

The Federal Government is set to train at least  25,000 civil servants by 2020.  The first and second batch of 3,500 (1,500 in the...

Rivers S/Court judgment: Malami denies plot to mount pressure on CJN

  Says PDP taking freedom of speech too far  The Attorney General of the Federation (AGF) and Minister of Justice, Abubakar Malami, has...