NEC Cuts Flood Prevention Fund by 50%, Approves N83bn   The National Economic Council (NEC) on Thursday approved N83.21bn for the implementation of an Anticipatory Action Task Force to mitigate the impact of flooding and other climate-related disasters nationwide. This came as the Council held its 158th...

The Federal Government has launched the Northern Corridor of the Compressed Natural Gas (CNG) and Electric Vehicle (EV) programme in Kano, under the Presidential Initiative on CNG & EV (Pi-CNG & EV).  

Shettima Urges Expansion of PPP Projects to Drive Economic Ambitions   Nigeria on Thursday reaffirmed its commitment to unlocking the full value of national assets and attracting global capital. This is coming just as Vice President Kashim Shettima, has called for an aggressive expansion of public-private partnerships...

The Federal Government has restated its commitment to unlocking the value of national assets and positioning Nigeria as a prime destination for global investment.

NEC Secretariat Gets N7.9bn Amid Funding Shortfalls for Agencies The Federation Accounts Allocation Committee (FAAC) approved the disbursement of N7.895bn as funding for the operations of the Secretariat of the National Economic Council in 2025, despite widespread complaints by Ministries, Departments, and Agencies over inadequate...

The Federal Government has pledged to commit 5% of Nigeria’s GDP annually to industrial development financing, under the newly launched Nigeria Industrial Plan.