The Federation Account Allocation Committee (FAAC), at its May 2024 meeting chaired by the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, shared a total sum of N1,208.081 Trillion to the three tiers of government as Federation…
For years, the narrative has been the same — the economy withers and the common man cries out for reprieve, only to be met with an endless array of impediments. When it is time to intercede for the poor, Nigerians are…
The Federal Government on Tuesday unveiled a portal to facilitate the ease of investments into Nigeria’s mining sector. The portal was unveiled by the Ministry of Solid Minerals Development in Abuja by the Minister of Solid Minerals Development, Dr Dele…
With the current high cost of living, the Organised Labour comprising the Nigeria Labour Congress, NLC and the Trade Union Congress of Nigeria, TUC had earlier demanded an increment in minimum wage to enable citizens cope with the hike in…
…To build 3rd longest terrestrial fibre optic backbone in Africa …Targets 1.5% GDP growth, 70% broadband penetration By Blessing Emmanuel, Abuja The Federal Government has unveiled the launch of a Special Purpose Vehicle (SPV) that will boost the country’s digitisation…
By Sodiq Adelakun The Federal Government has announced plans to embark on a comprehensive review, restructuring, and reform of the National Youth Service Corps (NYSC) to meet the demands of the future. This was disclosed by the Minister of Youth…
The International Monetary Fund (IMF) has expressed concerns over the Nigerian government’s strategy to issue domestic dollar-denominated bonds, according to the recently published IMF staff country report for Nigeria. The Fund warns that this move could exacerbate pressures on the…
Nokia Solutions and Networks Nigeria has signed a Memorandum of Understanding (MoU) with the Federal Government to train young Nigerians on latest 4G/ 5G radio and transmission technologies at the Nigerian Communications Commission’s Digital Parks. This is as Nokia stated…
The Federal Government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion each for subscription at N1,000 per unit. According to a release by the DMO, the first offer is the five-year re-opening of…
The Minister of Interior, Dr Olubunmi Tunji-Ojo, has reaffirmed the Federal Government’s commitment toward fortifying the nation’s correctional centres against any external attack. The minister, who made this known during an inspection tour of Kuje Correctional Centre on Thursday in Abuja,…
