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FG: $100bn Expansion Fund Created For Preserving Nigeria’s Cultural Heritage

Hannatu Musa-Musawa, the Minister of Arts, Culture and Creative Economy, has disclosed the creation of an $100bn economic expansion fund for the promotion and preservation of the cultural heritage of President Tinubu’s administration. 

UN WFP To Support Nigeria, Several Others

The United Nations World Food Programme (WFP) has just announced its plans to support eight countries in West and Central Africa with its life saving food and nutrition assistance programme.

FG Seeks Deadline Extension For World Bank Palliative Loan

The federal government has requested an 18-month extension on the closing date of the World Bank’s $800 million palliative loan in a strategic move to bolster its social safety net programs amidst rising inflation and economic challenges.   

Pate: Executive Order To Crash Drug Prices Waiting On President’s Table

According to the Federal Ministry of Health and Social Welfare, an executive order that will curb the escalating drug prices in the country is currently awaiting the assent of President Bola Tinubu. 

FG: 17 New Oil Blocks Up For Bidding

The Federal Government has just announced the addition of 17 deep offshore oil blocks to the 2024 Licensing Round for oil fields in Nigeria, yesterday. 

AGIP, NUPRC, Other Summoned By Reps Over Alleged $72m Diversion

The managing director and senior management staff of the Nigeria AGIP Oil Company has been summoned by the House of Representatives on Public Petitions regarding a petition that alleged the diversion of $72m.