The Federation Account Allocation Committee, FAAC, distributed a total of N1.681 trillion as revenue generated in April 2025 to the Federal Government, 36 States, and 774 Local Government Councils across the country. The figure, shared at the FAAC meeting in Abuja on Friday,… FAAC: Nigerian govt, states, LGAs share N1.681 trillion in April …C0NTINUE READING … Read more
The Federal Executive Council, FEC, meeting on Monday directed the Attorney General of the Federation to strengthen legislations that will criminalise usurpers of government assets under the cover of night in the country. This, according to the Council, is aimed at mitigating… Nigerian govt moves to criminalise usurpers of govt assets at night …C0NTINUE READING … Read more
The Federal Government has confirmed full payment of $3.4 billion loan received from the International Monetary Fund, IMF, during the COVID-19 pandemic. The Minister of Information and National Orientation, Mohammed Idris, made this confirmation while briefing State House… Nigerian Govt confirms full repayment of $3.4bn COVID-19 IMF loan …C0NTINUE READING HERE >>>>
The Office of the National Security Adviser, NSA, says the federal government is committed to achieving crude oil production target of 2.5million barrels per day. The National Security, Nuhu Ribadu, made this statement on Friday in Yenagoa during a stakeholders meeting… Oil production: Nigerian Govt targets 2.5million barrels per day – NSA, Ribadu …C0NTINUE READING … Read more
The Nigerian government has explained that the self-acclaimed Prime Minister of Biafra, Simon Ekpa, will be extradited from Finland to Nigeria at the right time. The Attorney General of the Federation and Minister of Justice, Prince Lateef Fagbemi, said Ekpa is currently being… Terrorism: Nigerian govt gives update on extraditing Simon Ekpa from Finland …C0NTINUE … Read more
Minister of Power, Adebayo Adelabu, has warned Nigerians to prepare for the introduction of tariffs that reflect the true costs of electricity. According to him, the country’s economy can no longer afford to maintain electricity subsidies. Adelabu stated this during a… Prepare for fresh electricity tariffs – Nigerian govt warns …C0NTINUE READING HERE >>>>