Development
Development
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BREAKING: FEC approves transfer of EFCC-recovered funds, unclaimed dividends to NELFUND
The Federal Executive Council has approved the use of liquid funds recovered by the Economic and Financial Crimes Commission (EFCC), as well as unclaimed dividends and dormant account funds, to strengthen the financing of the Nigerian Education Loan Fund (NELFUND). The Minister of Education, Tunji Alausa, disclosed this on Wednesday while briefing State House correspondents after the FEC meeting presided…
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Oluremi Tinubu hails humanitarian workers, calls for global support
First Lady Oluremi Tinubu, has commended humanitarian workers for their courage, dedication and selfless service to people affected by conflicts, disasters and other emergencies. Tinubu, in a message to mark the 2026 World Humanitarian Day on Wednesday, said humanitarian workers continued to bring hope and relief to vulnerable communities despite the challenges associated with their work. The 2026 commemoration is…
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Nana Shettima offers second chance to girls in Lagos with first alternative school
First Lady, Oluremi Tinubu, has offered girls whose education was disrupted by social, economic or personal circumstances a second chance to return to school with the commissioning of the country’s first Alternative Secondary School for Girls in Lagos. Tinubu, who was represented by the wife of the Vice-President, Nana Shettima, commissioned the school on Friday at its premises on Old…
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FG moves to make agricultural education 80% practical
The federal government has approved a new approach to agricultural education that will increase practical training in tertiary institutions from 30 per cent to 80 per cent. The Minister of Education, Tunji Alausa, announced the reform in Abuja on Thursday while receiving the report of the National Implementation Committee on the Review and Development of Agricultural Curricula for Tertiary Institutions…
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Geological survey agency assures of safety of lives, property in Abuja
The Nigerian Geological Survey Agency (NGSA) has assured residents of the Federal Capital Territory (FCT) that the earth tremor recorded in parts of Abuja on August 4 has completely subsided and poses no threat to lives and property. The agency said its assessment followed more than five days of continuous seismic monitoring, field inspections and technical analysis after the incident.…
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JUST IN: Ondo initiates new power law, seeks to attract investors
By Boye Oyeyemi Ondo State Governor, Lucky Aiyedatiwa, has assented to the Ondo State Electric Power Sector (Amendment) Law, 2026, in a move aimed at attracting private investment and improving electricity generation and distribution across the state. The development was contained in a statement issued on Thursday by the Governor’s Chief Press Secretary, Prince Ebenezer Adeniyan, who said the new…
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Nigeria-India trade rises to $9bn as pharma investment hits $4bn
Nigeria’s economic partnership with India is expanding, with bilateral trade between both countries rising to about $9 billion in the 2025-26 financial year, up from $7.13 billion recorded the previous year. The Indian High Commissioner to Nigeria, Abishek Singh, disclosed this on Wednesday in Abuja at a media briefing, attributing the increase to stronger commercial and strategic ties between the…
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FG unveils mechanisation policy, targets 4,000 tractors annually
The federal government has unveiled the National Agricultural Mechanisation Policy and the National Agricultural Mechanisation Investment Strategy as part of efforts to boost food production and achieve national food sovereignty. Under the new policy framework, the government plans to establish a mega tractor assembly plant capable of producing between 2,000 and 4,000 tractors annually. Minister of Agriculture and Food Security,…
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Lagos launches market access initiative to expand opportunities for MSMEs
By Adeola Ogunrinde The Lagos State Government on Thursday launched the “Access to Market” initiative to connect Micro, Small and Medium Enterprises (MSMEs) with buyers, distributors, corporate partners and investors as part of efforts to strengthen entrepreneurship and drive sustainable economic growth. Speaking at the launch of the initiative at JJT Park, Alausa, the Commissioner for Wealth Creation and Employment,…
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Tinubu’s industrialisation agenda driving jobs, innovation, says information minister
The federal government says President Bola Tinubu’s industrialisation drive under the Renewed Hope Agenda is beginning to yield tangible results through projects, job creation, innovation and expanded economic opportunities across the country. Mohammed Idris, minister of information and national orientation, said this on Tuesday during the Presidential Media Team Tour of the National Agency for Science and Engineering Infrastructure (NASENI)…
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