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.

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.   

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. 

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. 

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. 

It is highly likely that the Federal Government could face a potential loss of N2.97tn and $36.33m if revenue-generating agencies in the country do not reconcile unremitted earnings collected.