The federal government has unveiled the Nigeria Postharvest Systems Transformation Programme (NiPHaST) to tackle annual post-harvest losses estimated at N3.5 trillion.
The federal government has commenced meeting with the Nigeria Union of Petroleum and Natural Gas Workers (NUPENG) and representatives of the Dangote refinery as part of efforts to mediate the dispute between both parties.
Speaker of the House of Representatives, Dr. Abass Tajudeen, has expressed concern over Nigeria’s public debt profile, which was ₦149.39 trillion, approximately US$97 billion, as of the first quarter of this year. Domestic borrowing accounts for 53 per cent, while external borrowing makes up 47 per cent.
Nigeria’s power sector faces a deepening financial crisis that could push the Federal Government’s liabilities to about N6.2 trillion by the end of 2025, amid the rapid exit of premium customers from the national grid.
The Dangote Petroleum Refinery has denied a report that it could shut its petrol unit for two to three months. The spokesman of the Dangote Group, Anthony Chiejina, described the report as “fake”.
