Moribund Ajaokuta Steel Workers Allocated ₦6 Billion for 2025 Salaries
In the 2025 federal budget, the Nigerian government has allocated ₦6.21 billion to cover the salaries of workers at the Ajaokuta Steel Company. This is a significant increase from the ₦4.29 billion earmarked in 2024, marking a 45% rise despite the steel plant’s long-standing inactivity. The plant has not produced any steel since its creation […]
Ebonyi Governor Nwifuru Unveils ₦396 Billion Budget for 2025
Governor Francis Nwifuru of Ebonyi State has presented a ₦396 billion budget for the 2025 fiscal year to the State House of Assembly. The budget, called the Budget of Economic and Social Development, focuses on industrialization, improving living standards, and fostering economic growth in the state. According to the governor’s Chief Secretary, Monday Uzor, the […]
Dangote Reveals He Rents House in Abuja and Sells London Property to Focus on Nigeria’s Industrial Growth
Aliko Dangote, Africa’s wealthiest man, has revealed that the house he stays in whenever he visits Abuja, Nigeria’s capital, is a rental property. He clarified that this house is not his personal property. Speaking at a media event held at the Dangote Petroleum Refinery in Ibeju-Lekki, Lagos State, on Sunday, July 14, Dangote explained that […]