The Federal Government has assured Nigerians and investors that the new tax laws will be implemented fairly, transparently, and without intrusion into personal bank accounts. Chairman of the National Tax Policy Implementation Committee, Joseph Tegbe, spoke after the committee’s inauguration by Finance Minister Wale Edun in Abuja, stressing that fears of account monitoring or probes…
Federal government has projected nearly $1 billion (about N1.49 trillion) in annual revenue from electricity exports to 15 West African countries starting from June 2026. This estimate is based on Nigeria’s full 600 MW export capacity at regional tariffs and follows a successful grid synchronisation test conducted on November 8, 2025, involving Nigeria and neighboring…
Dangote Petroleum Refinery has refuted claims that the recent reduction in petrol pump prices was caused by the Federal Government’s suspension of a 15% import tariff. The company stated that the price drop resulted solely from its own decision to reduce Premium Motor Spirit (PMS) gantry and coastal prices on November 6—days before marketers adjusted…
instructors in the newly launched free Technical and Vocational Education Training (TVET) programme. A memo from the ministry’s Technology and Science Education Department confirmed that retirees will serve as Specialist Trade Teachers (STT) or as Institutional Quality Assurance Monitors (IQAM) to help fill knowledge gaps and maintain high standards. The free TVET programme, which provides…
Nigerian government, through the Bank of Agriculture, is inviting applications for the Renewed Hope National Agricultural Mechanisation Programme (RHAMP), launched in partnership with Heifer Nigeria. The program aims to improve food security by empowering women, youth, and mechanisation companies with access to affordable tractors, implements, and technical support, supported by a 3-year servicing plan. Applicants,…
Federal Government has released ₦2.3 billion to clear salary and promotion arrears for university lecturers as part of efforts to resolve ongoing disputes with the Academic Staff Union of Universities (ASUU) and other unions. Education Minister Dr. Tunji Alausa said the payment, representing Batch 8 arrears, reflects President Bola Tinubu’s commitment to improving staff welfare…
Federal Government has set up a committee to resolve the outstanding debts owed to Power Generation Companies (GenCos) and develop a sustainable payment system to prevent future arrears. This was announced by Permanent Secretary of the Ministry of Power, Mahmuda Mamman, at the 10th anniversary of the Association of Power Generation Companies (APGC) in…
Federal Government has announced plans to advance the Diaspora Voting Bill, which seeks to grant Nigerians living abroad the right to vote in national elections. The disclosure was made by Speaker of the House of Representatives, Tajudeen Abbas, at the Nigerian Stakeholders Engagement on Diaspora Governance held in Abuja. The event also featured the launch…
Borno State Governor, Babagana Zulum, has urged the Federal Government to urgently review Nigeria’s air safety and defence systems after Boko Haram terrorists reportedly used a drone to attack a military formation in Mafa, Borno State — marking a dangerous escalation in the insurgents’ capabilities. Speaking to journalists in Mafa town on Friday, Zulum described…
Federal Government has unveiled a grassroots economic development plan to identify and boost economic opportunities across all 8,809 wards in Nigeria, as part of efforts to achieve a $1 trillion economy by 2030. President Bola Tinubu, represented by the Minister of Budget and Economic Planning, Atiku Bagudu, announced the initiative at the 2025 Chartered Institute…