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...
FG Seeks AfDB Support for $7bn Aviation Plan
Nigeria’s Minister of Aviation and Aerospace Development, Festus Keyamo, has met with the President and governors of the African Development Bank in Congo over the proposed $7bn Integrated Aviation Transformation Programme for Africa.
The meeting was held as...
FEC Okays $2.99bn for Three Major Rail Projects in Lagos, Kano, Kaduna
The federal executive council (FEC) has approved contracts worth $2.99 billion for three major rail projects in Lagos, Kano, and Kaduna states.
Speaking with State House correspondents after the weekly FEC meeting in Abuja...
NRS Raises Alarm Over Illicit Capital Outflows, Recovers N80bn
The Nigeria Revenue Service (NRS) has stated that it recovered over N80bn from illicit financial flows within a three- to five-year window. It urged private sector operators to strengthen due diligence and help curb capital flight.
The...
DisCos Deploy 130,209 Meters Through N49bn Funding Scheme
Not less than 130,209 meters were installed by electricity distribution companies under the Meter Acquisition Fund framework, even as the Federal Government invested N49bn in the MAF between 2024 and 2025.
Reports and documents from the Nigerian Electricity...
FG Pays Out N396.7m Insurance Claims to Farmers
In a move aimed at shielding Nigeria’s fragile food system from climate shocks, the Federal Government, through the Presidential Food Systems Coordinating Unit, has partnered with Leadway Assurance and PULA Advisors to disburse N396.7m in insurance claims...
