National News
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FAAC shares N1.659trn to FG, states, LGs for May 2025
The Federation Account Allocation Committee (FAAC) has shared a total of N1.659 trillion to the federal, state, and local governments as revenue allocation for May 2025. The meeting, chaired by Minister of Finance and Coordinating Minister of the Economy, Wale Edun, followed a gross revenue inflow of N2.942 trillion. From the distributable sum, the Federal Government received N538.004 billion, States…
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Nigeria to sign over 30 MoUs as 2nd Nigeria-Brazil dialogue begins Monday
By Kunle Sanni – The Federal Government is set to sign over 30 Memoranda of Understanding (MoUs) as Nigeria hosts the second session of the Nigeria-Brazil Strategic Dialogue Mechanism (SDM), beginning Monday. Key sectors expected to benefit from the agreements include agriculture, energy, defence, the creative economy, and innovation, in line with the Tinubu administration’s efforts to attract investment and…
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Akpabio commends President Tinubu for signing education, health bills
By Kunle Sanni – The President of the Senate, Godswill Akpabio, has lauded President Bola Tinubu for assenting to bills establishing three new federal institutions in the South-East region. According to the Nigerian Television Authority (NTA), President Tinubu signed into law the bills for the creation of the Federal College of Education, Bende, Abia State; the Federal University of Medical…
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Minister decries poor funding, porous borders as major security threats
Nigeria’s Minister of Interior, Olubunmi Tunji-Ojo, has raised alarm over the country’s weak border security and the chronic underfunding of internal security agencies, warning that these issues pose significant threats to national safety. Speaking on Tuesday, the minister disclosed that the Nigeria Immigration Service (NIS) received only ₦10 billion to secure Nigeria’s vast 4,024 square kilometre borders, a figure he…
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President Tinubu congratulates Taiwo Oyedele on 50th birthday
By Kunle Sanni – President Bola Tinubu has extended warm congratulations to Taiwo Oyedele, Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, on the occasion of his 50th birthday. In a statement released by his Special Adviser on Information and Strategy, Bayo Onanuga, the President joined the Oyedele family, friends, and well-wishers in celebrating the renowned tax…
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Reps begin probe into N1.12trn anchor borrowers fund
The House of Representatives Committee on Nutrition and Food Security has begun probe into the N1.12 trillion spent on the Anchor Borrowers Programme (ABP). The Committee also will probe the NIRSAL Microfinance Bank for N215 billion spent on agrobusinesses as well as the Bank of Industry for disbursed 3 billion to 22, 120 small holder farmers through the agriculture value…
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INEC remains backbone of Nigeria’s democracy, says Tinubu
By Kunle Sanni – President Bola Tinubu has reaffirmed his administration’s commitment to safeguarding the autonomy of the Independent National Electoral Commission (INEC), describing the electoral body as vital to the survival and credibility of Nigeria’s democracy. Speaking in Abuja on Tuesday at the flag-off ceremony for the construction of INEC’s new headquarters, Tinubu said the commission plays a central…
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CreditCorp disburses consumer loans to over 100,000 Nigerians
By Kunle Sanni – The Credit Corporation of Nigeria (CreditCorp) has announced the disbursement of consumer credit facilities to more than 100,000 Nigerians, including about 35,000 federal and state civil servants. The company’s Chief Executive Officer, Uzoma Nwagba, made this known on Tuesday while briefing State House correspondents at the Presidential Villa, Abuja. Nwagba explained that barely six months after…
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PHOTO NEWS: Shettima opens Public-Private Partnership summit in Abuja
Vice President Kashim Shettima on Tuesday in Abuja opened the PPP Summit on behalf of President Tinubu. Shettima said the Federal Government would fast-track approvals for viable projects. The VP wrote in a social media post: “On behalf of my boss, President Bola Ahmed Tinubu, I today declared open the 2025 Nigeria Public-Private Partnership Summit, held at the State House…
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