Nigeria has been formally admitted as a member of the European Bank for Reconstruction and Development (EBRD), marking a step towards boosting private sector access to international capital and supporting the country’s long-term economic transformation.
The Senate Committee on Power has raised concerns over the liquidity crisis bedeviling the power sector, lamenting that the tariff shortfalls in the industry have indicated that the government owes about N200bn to electricity generating companies every month.
The Federal Government’s revenue rose by 82.4 per cent from N6.8tn in 2023 to N12.4tn in 2024, driven by the unification of the foreign exchange rates, enhanced tax administration, and reforms in treasury remittances, the World Bank has said.
Arewa Voters Forum Rejects Tinubu 2027 Endorsement, Cites Insecurity, Poor Governance
A coalition of concerned northern voters under the aegis of the Arewa Voters Forum, Northwest Zone has strongly condemned the recent endorsement of President Bola Ahmed Tinubu for a second term in 2027 by...
