Abuja, Kano Airport Concession to Generate $800m Revenue - FG The Federal Government of Nigeria has approved the concession of the Nnamdi Azikiwe International Airport, Abuja and the Mallam Aminu Kano International Airport, Kano for 20 and 30 years, respectively. This came as the Federal Government...

Buhari's Huge Parting Debt Profile By Eric Teniola The outgoing President, Muhammadu Buhari GCFR has made sure he is leaving a huge debt profile of eighty trillion naira when he leaves THE VILLA on Monday, May 29. Well, well, well. While he will be celebrating in...

FG Spends N13tn on Fuel Subsidy, Sets Guidelines for New Administration  The Federal Government says it was developing a comprehensive guide for the incoming administration of Bola Tinubu, on how to manage the removal of subsidy on Premium Motor Spirit, popularly called petrol. It also insisted...

Naira Redesign: Cash Scarcity Crippled Nigeria’s Economy - UN The United Nations has disclosed that the shortage of the naira in recent times crippled the Nigerian economy. It stated that the informal sector felt the brunt of the scarcity the most. It noted that the continuing...

FG Approves N53bn for Ministries The Federal Government has approved a total sum of N52.97bn for various projects in the ministries of Education, Works and Housing and Aviation. The respective ministers revealed this to State House Correspondents after this week’s Federal Executive Council Meeting presided over...

FG Okays N15bn NSITF Infrastructure Upgrades The Federal Government has approved the second phase of the electronic Nigeria Social Insurance Trust Fund, which will enable concessionaires to upgrade the infrastructure at N15bn. Minister of Labour and Employment, Dr Chris Ngige, disclosed this to State House Correspondents...