National News
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FG launches Localisation Project to strengthen Nigeria’s humanitarian response
The Federal Government has introduced the Humanitarian Supply Chain Management – Partnership for Localisation Project. This initiative, aligned with the Nigeria Localisation Framework, is designed to empower local actors and mobilize domestic resources to address the country’s growing humanitarian needs. Vice President Kashim Shettima, represented by Deputy Chief of Staff to the President, Sen. Ibrahim Hassan Hadejia, launched the project…
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FG partners World Bank to launch National Land Digital System
By Kunle Sanni The Nigerian Federal Government, in partnership with the World Bank, is advancing efforts to modernize land administration through the development of a National Land Digital System (NLDS). This new digital system is intended to optimize land transactions, enhancing transparency, efficiency, and accessibility across the nation. This announcement was made by Minister of Housing and Urban Development, Ahmed…
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FG proposes N47.9 trillion budget for 2025
By Kunle Sanni The Federal Government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal year. Speaking with journalists after the Federal Executive Council (FEC) meeting led by President Bola Tinubu on Thursday, Minister of Budget and Economic Planning, Atiku Bagudu, outlined the key components of the proposed budget. Bagudu announced that the FEC has approved the…
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Deepwater projects : Nigeria to access $90bn global financing, says presidential aide
The special adviser to the president on energy, Olu Verheijen said disclosed that Nigeria is now positioned to tap into the global $90 billion financing for deepwater projects. Verheijen spoke on Wednesday at the 42nd Nigerian Association of Petroleum Explorationists (NAPE) annual international conference and exhibition held in Lagos. According to the presidential aide, the funding would help the country…
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Military holds Guard of Honour for late Lagbaja as body arrives Abuja
The body of the late Chief of Army Staff, Lieutenant General Taoreed Lagbaja, has arrived in Abuja where he will be buried on Friday. The Nigerian Airforce plane NAF 918 carrying the body of the late COAS landed at the presidential wing of the Nnamdi Azikiwe International Airport Abuja, at around 12:15pm on Thursday. The remains of the late COAS…
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FG secures $134 million AfDB loan to bolster nationwide seed, grain production
By Kunle Sanni The Federal Government of Nigeria has secured a $134 million loan from the African Development Bank (AfDB) aimed at significantly boosting the nation’s seed and grain production. This funding initiative is set to support the country’s year-round agricultural productivity and enhance food security. The announcement was made by the Minister of Agriculture and Food Security, Senator Abubakar…
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BREAKING: Body of late COAS Lagbaja arrives Lagos Airport
The body of the late Chief of Army Staff, Lt. Gen. Taoreed Lagbaja has arrived at the Nigerian Airforce wing of the Murtala Muhammed International Airport in Lagos. The body which was received by soldiers of the Guards Brigade who are set to pay their last respects to Lagbaja, arrived at exactly 9 am. details later… Credit: The Punch
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Nigeria secures $30bn in foreign investments as Tinubu’s reforms gain momentum
By Kunle Sanni President Bola Tinubu has announced that his administration has secured over $30 billion in foreign direct investment (FDI) commitments in less than two years, attributing this success to his government’s economic reforms aimed at strengthening Nigeria’s trade and business environment. Speaking at the 2024 Comptroller-General of Customs Conference in Abuja on Wednesday, Tinubu, represented by the National…
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Address economic challenges facing media industry, NGE urges FG
Following a three-day conference in Yenagoa, the Nigerian Guild of Editors (NGE) has urged the Federal Government to implement swift measures to cushion the economic effects of fuel subsidy removal and fluctuating exchange rates. At the 20th All Nigeria Editors Conference (ANEC), editors across the nation called for targeted relief measures, highlighting the strain on both citizens and businesses. In…
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Corruption in power sector responsible for incessant grid collapse – EFCC boss
Nigeria’s erratic power supply can be attributed to corruption within the power sector, the Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede has said. Olukoyede noted that what the commission had uncovered during its investigations will shock Nigerians. Olukoyede spoke when the House Committee on Anti-Corruption and Financial Crimes visited him in Abuja on Tuesday, saying contractors awarded…
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