Tinubu Unveils N4tn Power Sector Rescue Plan, Targets Improved Electricity Supply
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‎President Bola Ahmed Tinubu has unveiled a fresh N4 trillion intervention plan aimed at revitalising Nigeria’s struggling electricity sector, describing reliable power supply as a critical component of his administration’s economic transformation agenda.
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‎Speaking during...
FG Commits Record N5.41tn to Security as Tinubu Intensifies War Against Terror
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‎President Bola Ahmed Tinubu has disclosed that the Federal Government has earmarked a record N5.41 trillion for defence and security in the 2026 budget, underscoring his administration's determination to intensify the fight against...
Customs Seize ₦1.3bn Smuggled Vegetable Oil
The Nigeria Customs Service (NCS) says it seized ₦1.314bn worth of smuggled vegetable oil products across 2025 and 2026, as part of intensified efforts to curb illegal imports and protect local industries.
Comptroller-General Adewale Adeniyi disclosed the figures during a...
CBN Increases Foreign Tuition Limit to $25,000
The Central Bank of Nigeria (CBN) has increased the maximum foreign exchange remittance for tuition payments by Nigerian students studying abroad to $25,000 per semester, up from the previous cap of $15,000.
The adjustment is contained in the CBN...
FG, World Bank Restructure $500m Education Programme
The Federal Government and the World Bank have restructured the $500m HOPE for Quality Basic Education for All programme, cutting funding allocations tied to the construction of new classrooms while expanding the number of states eligible for targeted...