•Interior minister, Olubunmi Tunji-Ojo The federal government have hinted of plans to reduce the number of custodial facilities in the country, declaring that Nigeria does not need the current figure of 256. Noting that some facilities are only utilising about 30 to 40 percent of their carrying capacities, the government said there is need to ...
The sudden change of the payment platform by the federal government is causing anxiety among stakeholders. From Remita to the Treasury Management and Revenue Assurance System (TMRAS), experts observed that the explanation offered so far for the sudden change of platform leaves much to be desired, reports The Guardian. Experts are of the opinio...
•FEC meeting in Abuja today The Federal Executive Council (FEC), at its third meeting of the year on Monday, approved provisional licenses for 11 private universities in the country. Dr Morufu Alausa, the Minister of Education, said this while briefing State House Correspondents after the FEC meeting, reports Vanguard. He said the universities...
The Job Creation and Micro, Small and Medium Enterprises (MSMEs) Secretariat (Office of the Vice-President) has announced that the overall winner of the 2025 MSMEs Award will receive a car, a house, a shop, and a cash prize worth ₦220 million. Mr. Tola Adekunle-Johnson, Senior Special Assistant to the President on Job Creation and MSMEs, [&hel...
•NYSC DG, Brigadier General Yushau Ahmed Members of the National Youth Service Corps have expressed their disapproval of the federal government’s persistent failure to implement the payment of the N77,000 allowance. The federal government had approved an increase in the corps members’ monthly allowance from N33,000 to N77,000, effective July 2...
The Court of Justice of the Economic Community of West African States, ECOWAS, today, dismissed a suit that was brought against the federal government over the assassination of Mrs Kudirat, wife of the acclaimed winner of the 1993 presidential election, Chief MKO Abiola. The suit, marked: ECW/CCJ/APP/62/22 was brought before the Court by three...
Small Business Owners and civil society organisations, NGOs, have said there is no justification for the proposed further hike in electricity tariffs, following disclosure by the federal government, yesterday, that it is considering increasing tariffs for customers outside the Band-A category to improve the liquidity of the Nigerian Electricit...
•Naira notes A total sum of ₦ 1.703 trillion, being January 2025 Federation Account Revenue, has been shared with the federal government, states, and local government councils. This is according to a statement today by the Director of Press and Public Relations, Office of the Accountant General of the Federation, Bawa Mokwa. Mokwa said that [&...
The federal government is now owing electricity Generation Companies (GenCos) and Distribution Companies (DisCos) over N4 trillion, according to the Minister of Power, Adebayo Adelabu. He broke the news today at a public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja, repo...
•Tinubu The federal government is set to secure six new loans totalling $2.23 billion from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms. Data from the World Bank’s official website indicates that this will bring Nigeria’s total approved loans to $9.25 billi...
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