Nigeria is losing an estimated $15 billion annually to oil theft and pipeline vandalism, a new study by Professor Usman Muhammed of Kaduna State University has revealed, raising serious concerns about the long-term sustainability of President Bola Ahmed Tinubu’s Renewed Hope Agenda beyond 2027.
FEC Approves Over ₦890bn for Fresh Road Projects Nationwide
The Federal Executive Council (FEC) has approved more than ₦890 billion for the execution and review of several major road projects across the country, in line with President Bola Ahmed Tinubu’s commitment to his administration’s Renewed...
Nigeria's Excess Crude Rises 13% in Two Years as Stabilisation Account Triples
Nigeria’s Excess Crude Account (ECA) has grown by 13 per cent over the past two years, while the Stabilisation Account recorded more than a threefold increase, according to an analysis of presentations made...
FG Secures $500m World Bank Support for Agriculture, Food Security
The Federal Government has secured a $500m loan facility from the World Bank to accelerate growth across Nigeria’s agricultural value chains, in line with President Bola Ahmed Tinubu’s Renewed Hope Agenda for food security and...
Tinubu Seeks Senate Approval to Borrow ₦1.15tn Loan
President Bola Tinubu has sought the approval of the Senate to borrow N1.15tn from the domestic debt market to finance part of the deficit in the 2025 national budget.
The request, contained in a letter read during plenary...
Tinubu Appoints John Nwabueze as Nigeria’s Tax Ombudsman
The Federal Government has appointed Dr. John Nwabueze as the Tax Ombudsman, in accordance with the provisions of the Joint Revenue Board of Nigeria (Establishment) Act, 2025.
This appointment aligns with President Bola Ahmed Tinubu’s commitment to implementing...