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FEC Approves Over ₦890bn for Fresh Road Projects Nationwide

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 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

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

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

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...

Tinubu Seeks Senate Approval for N1.15trn Domestic Loan

President Bola Ahmed Tinubu has asked the National Assembly to approve the Federal Government’s plan to raise ₦1.15 trillion from the domestic debt market to support implementation of the 2025 budget.