NEC Projects $1trn Economy by 2030 with New Road Map
The National Economic Council (NEC) on Thursday unveiled the framework for the Renewed Hope Development Plan (2026–2030) aimed at consolidating Nigeria’s reform agenda and actualising the $1tn economy target of...
NNPC Says Prolonged Neglect Hampering Refinery Rehabilitation
The Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL) Bayo Ojulari, has declared that fixing the country’s refineries under NNPC’s management has been difficult due to the neglect of...
FG Justifies Passport Fee Hike to N100,000, N200,000
The Federal Government, on Thursday, defended the upward review of Nigerian passport fees to N100,000 and N200,000, saying it was necessary to sustain quality, curb corruption, and ensure timely delivery of travel...
FG Secures $238m Loan from Japan to Boost National Power Grid
The Federal Government has secured a $238 million loan facility from the Japan International Cooperation Agency (JICA) to strengthen Nigeria’s national power grid.
The deal was finalized during high-level engagements...
FG, States, LGs Share N2.001trn for July, Says FAAC
The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion among the three tiers of government as federation allocation for July 2025.
The allocation was announced at FAAC’s August...
Price Drop Threatens Nigeria's Capital Projects Despite OPEC Quota Compliance
The Federal Government’s ability to meet up with its targeted revenue of N41trn to foot the 2025 budget is becoming a tall order with the instability in the global price...
