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Power Minister Reveals What 4trn GenCos Debt Means for Nigeria

The Minister of Power, Adebayo Adelabu, has warned that Nigeria’s power sector could face imminent collapse if urgent liquidity support is not provided to offset the N4tn debt owed to power generation companies.

Elumelu Hails Tinubu for Curbing Oil Theft

The Chairman of Heirs Holdings and the United Bank for Africa (UBA), Tony Elumelu, has commended President Bola Ahmed Tinubu for the significant improvement in the oil and gas sector since he assumed office in 2023.

Tinubu’s Policies Restoring Private Sector Confidence, Dangote Reveals

Tinubu's Policies Restoring Private Sector Confidence, Dangote Reveals Aliko Dangote, President/Chief Executive of Dangote Group, says President Bola Ahmed Tinubu policies are restoring private investors’ confidence in Nigeria’s economy. Dangote made the remarks over the weekend during a visit by the Minister of Industry, Trade and...

FG Targets 2m Jobs Through Renewed Social Housing Programme

The Federal Government has set a goal to generate over two million jobs across Nigeria through its Renewed Hope Social Housing Programme.

FG Restricts MDAs from Foreign Currency Denominated Contracts

The Federal Government has directed all Ministries, Departments, and Agencies to desist from entering into contracts denominated in foreign currency, as part of new fiscal control measures outlined in the 2025 Appropriation Act Implementation Guideline.

Tinubu Resisted Pressure to Reverse Fuel Subsidy – Shettima

The Vice-President, Kashim Shettima, says President Bola Tinubu resisted pressure from cabals in the oil sector, following the removal of petrol subsidy.