We Met a Very Bad Economy - Wale Edun The Federal Government, on Monday, said it inherited a bad economy with an unacceptable high rate of unemployment. The government also assured Nigerians that the administration of President Bola Tinubu will not rely on borrowing and that...

Sarkin Adar and Sokoto Ministerial Slot By Faisal Abdullahi Nigerians have almost run out of patience. They have eagerly been anticipating the 'big' announcement. Who will make the list of President Bola Ahmed Tinubu's new Ministers? The riddle, however, will soon be solved. In the next couple...

FG E-Modernisation Project Gulps N139bn - Customs The Comptroller General of Customs, Col. Hameed Ali says the promoters of the Nigeria Customs E-Modernisation project have committed $300 million; about N139 billion since the commencement of the project. The Nigeria Customs Service and a consortium, Trade Modernisation...

FG Budgets Over N22bn to Feed Inmates The Federal Government says the sum of N22.44 billion was earmarked to feed inmates in all the custodial centres across the country. Speaking at a two-day conference on ‘Decongestion and Corrections Administration’ in Abuja on Thursday, the Permanent Secretary,...

FEC Approves N129bn for Ogoni Cleanup The Federal Economic Council has approved the sum of N129.8bn for various projects in the Ministry of Niger Delta, particularly the mandate of the United Nations Environment Programme on Ogoni cleanup. Senior Special Assistant to the President on Media and...

Budget Office Warns FG of Imminent Crisis as Debt Rises The Budget Office of the Federation has said Nigeria now has a “limited borrowing space” due to its poor debt-to-revenue ratio, stressing that “trouble” looms for the country if it exceeds its limits. The Director-General of...