The protracted electricity metering crisis in Nigeria has taken a fresh turn with an ongoing standoff between the Federal Government and Electricity Distribution Companies (DisCos). This friction over meter installation has left millions of unmetered consumers trapped in a cycle of "arbitrary" estimated billing. The $500 Million Metering Dispute At the heart of the dispute …
The Federal Government has entered into a cooperation agreement with the International Finance Corporation (IFC) aimed at accelerating the development of bankable infrastructure projects and attracting private sector investment into key sectors of the economy. The agreement was signed in Abuja on Wednesday by the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, …
The Federal Government has approved the digitisation of Nigeria’s fish import licensing process. The aim is to improve transparency, strengthen oversight, and boost domestic fish production. Minister of Marine and Blue Economy, Dr. Adegboyega Oyetola, directed the Department of Fisheries and Aquaculture to fast-track the new digital licensing platform. The reform supports President Bola Ahmed …
The Federal Government says it could save about ₦5.06 trillion annually by cutting down on the importation of defence equipment, as it steps up efforts to promote local manufacturing in the sector. The Minister of State for Defence, Bello Mohamed Matawalle, disclosed this on Thursday in Abuja during the unveiling of the X-Shield Light Tactical …
The Federal Government has launched a project to include 14 million smallholder farmers in the cassava bioethanol value chain. The aim is to cut fuel import costs and strengthen Nigeria’s bioeconomy. Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, announced the project in a statement signed by the ministry’s Director of Information and …
The Federal Government has disbursed ₦152 billion to contractors with verified contracts, the Ministry of Finance announced on Thursday. The ministry said the payment followed established verification procedures designed to safeguard public funds and maintain accountability in government spending. “The process of payment for contracts goes through various verification processes in line with extant laws …
The Federal Government and the Academic Staff Union of Universities (ASUU) have reached an agreement on a 40 per cent salary increase and better academic allowances for university lecturers. The agreement was signed during a formal ceremony attended by government officials and ASUU leaders. As a result, lecturers can now expect improved welfare and incentives …
The Federal Government and Niger State have signed a landmark Memorandum of Understanding (MoU) to launch the Sustainable Integrated Productive Communities (SIPC) Programme. The initiative combines housing, agriculture, renewable energy, and enterprise development into a single model aimed at inclusive growth. The MoU was signed at the Federal Ministry of Finance, Abuja. The Ministry will …
The Federal Government has unveiled new measures to curb malpractices during the West African Examinations Council (WAEC) and National Examinations Council (NECO) exams. Education Minister Tunji Alausa and Minister of State for Education Suwaiba Ahmed said the reforms include enhanced question randomisation and serialisation, ensuring each candidate receives a unique version of the examination to …
The Special Adviser on Media to Oyo State Governor, Dr Sulaimon Olanrewaju, has rejected claims by former Ekiti State Governor Ayodele Fayose that Governor Seyi Makinde received N50 billion from the Federal Government, describing the allegation as misleading. Olanrewaju also dismissed suggestions that the governor deliberately kept silent over the alleged funds in order to …
