FG Defends $21.7bn Borrowing Plan, Says Funds Will Drive Infrastructure Development
ABUJA, Nigeria — The Federal Government has defended its proposed $21.7 billion supplementary external borrowing plan, describing it as a strategic investment in critical infrastructure rather than an attempt to accumulate debt. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, made the clarification while briefing State House correspondents after Wednesday’s Federal […]
Anambra Seeks ₦70bn Stabilisation Fund to Tackle Erosion, Insecurity
ANAMBRA, Nigeria — The Anambra State Government has requested ₦70 billion from the Stabilisation Fund to address worsening erosion, insecurity, infrastructure deficits and mounting pressure on public services. The request was presented to the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) in Abuja amid concerns that economic disruptions are threatening livelihoods, government revenue and investor […]
NEC Approves 90-Day Plan to Ease Cost of Living in Nigeria
Nigeria’s National Economic Council (NEC) has approved a 90-day plan aimed at reducing the cost of living and easing the economic pressure on households across the country. The initiative is expected to focus on measures to address the rising cost of essential goods and services, improve economic conditions and reduce the burden on Nigerians struggling […]
State Police: Ekiti, Kebbi Endorse Bill as Supporting States Rise to 15
ABUJA, Nigeria — The push for the establishment of state police in Nigeria has gained momentum as the Ekiti and Kebbi State Houses of Assembly have endorsed the proposed constitutional amendment, bringing the number of supporting states to 15. While Ekiti lawmakers passed the Constitution of the Federal Republic of Nigeria, 1999 (Sixth Alteration) Bill, […]
‘We Can’t Go Back to Fuel Subsidy,’ Mbah Backs Tinubu’s Policy
ENUGU, Nigeria — Enugu State Governor, Dr. Peter Mbah, has reaffirmed his support for President Bola Tinubu’s removal of fuel subsidy, insisting that a return to the policy would undermine economic progress and discourage investment in Nigeria. Mbah stated this on Wednesday during the “Meet the Candidates” town hall meeting organised by Afia TV in […]
State Police: Five More Assemblies Approve Bill as FG Panel Submits Draft
The Presidential Working Group on the National Policing Bill has submitted the draft National Policing Bill, 2026, alongside 29 consequential amendment bills, to the Federal Ministry of Justice for legislative drafting review and validation. The development comes as the Ogun, Delta, Plateau, Kwara and Adamawa State Houses of Assembly joined their counterparts in Edo, Osun, […]
FG, Bi-Courtney Sign Final Settlement to End 20-Year MMA2 Dispute
The Federal Government and Bi-Courtney Aviation Services Limited have signed a final settlement agreement to resolve their nearly two-decade dispute over the Murtala Muhammed Airport Terminal Two (MMA2) in Lagos, paving the way for renewed government revenue and the completion of long-abandoned hotel and conference centre projects. The Minister of Aviation and Aerospace Development, Festus […]
Tinubu Releases Additional ₦4bn for 600 Ex-Nigeria Airways Workers
President Bola Tinubu has approved the release of an additional ₦4 billion to settle outstanding severance benefits owed to 600 former employees of the defunct Nigeria Airways. The payment, described as the second tranche of the disbursement, covers beneficiaries in batches 10 and 11 and was made through the Federal Ministry of Finance. The latest […]
Tinubu Orders Reconstruction, Dualisation of Benin-Asaba Road, Umahi Says
The Federal Government has reclaimed the Benin-Asaba Road for reconstruction and dualisation following a directive by President Bola Tinubu, the Minister of Works, David Umahi, has disclosed. Umahi made this known in Asaba on Thursday during the reopening of the First Niger Bridge along the Asaba-Onitsha Road. The development was confirmed in a statement issued […]
Tinubu Barracks Phase II Records Progress as Army Chief Inspects Construction
The construction of Bola Ahmed Tinubu Barracks Phase II has recorded significant progress, following an unscheduled inspection by the Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, to assess the pace and quality of work. Shaibu conducted the inspection on Friday, October 16, 2026, to evaluate construction standards, compliance with approved specifications and progress […]