AGS NEWS – Italian Prime Minister Giorgia Meloni announced plans to establish a 1 billion euro investment fund aimed at fostering Artificial Intelligence (AI) initiatives during a conference in Rome on Tuesday. The fund, initially supported by CDP Venture Capital, … Continue reading Italy unveils 1 billion euro investment fund for AI projects
During a meeting held on Monday, the Federal Executive Council approved the application for a $3.45 billion loan to fund various projects. The financing is designated for the power sector, renewable energy, state resource mobilization programs, an initiative for adolescent … Continue reading FG approves $3.45bn world bank loan for power and other projects
The University of Ilorin has announced that President Bola Tinubu, the institution’s Visitor, will unveil recently completed projects on October 23 as part of the university’s combined 37th and 38th convocation ceremonies. Graduates from the 2020/2021 and 2021/2022 academic sessions … Continue reading Tinubu to unveil projects at UNILORIN on October 23
The Enugu State Government has announced its commitment to provide substantial financial support for local government development projects, with a significant increase of 60 percent. The primary goal of this move is to accelerate grassroots development, particularly in sectors such … Continue reading Enugu state government boosts LG funding by 60% for capital projects
The Deputy Minority Leader of the Senate, Dr. ‘Lere Oyewumi, has unveiled an ambitious plan set in motion by the 10th National Assembly to investigate the extensive array of abandoned Federal Government projects spread across the nation. This revelation came … Continue reading Senate launches inquiry into 10,000 abandoned projects
Nigeria’s pursuit of an expansive gas infrastructure to address its gas needs demands an annual investment of $20 billion, according to the Nigeria Extractive Industries Transparency Initiative (NEITI). Dr. Orji Ogbonnaya Orji, NEITI’s Executive Secretary, made this assertion during a … Continue reading NEITI: Nigeria needs $20 billion annually for gas expansion projects
The Kano State Government has pledged its determination to finalize the five-kilometer dual carriageway projects that were left incomplete by the previous governor, Abdullahi Ganduje, in all 44 local government areas of the state. During a courtesy visit by the … Continue reading Kano gov. pledges to complete abandoned projects in 44 LGAs
The Nigerian Federal Government is anticipated to earn N647.7 billion from the concession of two power projects, the implementation of e-ticketing on two rail routes, and the Device Management System. The power projects slated for concession are the Gurara II … Continue reading Federal government expects N647.7 billion revenue from power projects and rail concessions
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