In a groundbreaking move, the Federal Government of Nigeria has launched a $500 million domestic bond, marking a significant milestone in the country’s economic reform and development journey. The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr.…
Minister of Information and National Orientation, Alhaji Mohammed Idris, says the Federal Government has approved the first phase of Sokoto-Badagary super highway project. The federal government also approved the construction of 63 dams to boost power generation in the country.…
The Federal Government on Thursday abruptly halted the sale of subsidised rice to civil servants, retracting a recent directive that allowed them to purchase rice at a subsidised rate. The withdrawal was communicated in a new circular from the Ministry…
The Minister of Works, Senator David Umahi, has rejected Julius Berger Plc’s proposed cost of N279 billion for the Second Niger Bridge Bypass, describing it as excessively high. In a statement on Thursday, Umahi expressed his disappointment with Julius Berger’s…
President Bola Tinubu has revealed that Nigeria spends N2 trillion each month on importing petrol and diesel. In a recent nationwide address, Tinubu explained that despite Nigeria’s vast oil and gas resources, his administration inherited a situation where the country…
…As Amnesty International alleges detention of over 1,000 protesters Following the widespread violence that has affected most parts of the North in the aftermath of the commencement of the nationwide protests against bad governance and hunger, the Federal Government has…
The Commissioner for Information and Orientation in Edo, Mr Chris Nehikhare, has confirmed that the state received trucks of rice from the Federal Government after its initial denial. Nehikhare had in a national television denied that the State Government received…
…All sponsors now on watchlist — Immigration CG …Naval Chief vows to crush subversive elements …As protest roadblocks appear in Rivers, Wike’s residence targeted …Use lethal force on protesters, face trial for crimes against humanity — Atiku warns service chief…
…as Edun meets with NSIA to deliberate on bridging financing gap The Federal Government is considering the option of creating a Nigeria Infrastructure Finance and Guarantee Facility (NIFF). This was disclosed on Wednesday when the Minister of Finance and Coordinating Minister of the…
In response to escalating economic hardships exacerbated by surging inflation and a series of government policy changes, Nigeria is bracing for widespread protests scheduled for August. It is up to the government to determine a response that will not make…
