The World Bank Group and the African Development Bank (AfDB) announced that Mission 300 has connected more than 50 million people to electricity across 40 countries, nearly doubling the pace of electrification since the initiative began.
A new clash is unfolding over Nigeria’s electricity sector as state regulators accuse the National Assembly of trying to roll back powers devolved to states under the Electricity Act 2023.
The Federal Government has released only ₦2.68 trillion for road projects between 2023 and April 2026, representing less than 5% of the ₦54.93 trillion budgeted for construction, rehabilitation, and maintenance.
Enugu State has been chosen as the South-East Zonal Headquarters of the Office of the Tax Ombud, a move expected to improve taxpayer support services and strengthen Nigeria’s tax-to-GDP ratio.
Global oil prices fell sharply on Tuesday, hitting a three-month low after optimism grew over the reopening of the Strait of Hormuz following a peace deal between the United States and Iran.
