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Opinion

ADC accuses Tinubu of running ‘ponzi economy’ over fresh $1.25bn loan

The African Democratic Congress, on Thursday, accused President Bola Tinubu’s administration of running what it described as a ‘Ponzi economy’ after the Federal Government moved to secure another $1.25 billion World Bank loan despite Nigeria’s growing public debt estimated at about N159.28 trillion. The opposition party said the fresh loan request has further fuelled concerns […]

featured Opinion

‘Stop giving Tinubu’s govt loans’, Nigerians on X warn World Bank

Economists and Nigerians have raised concerns about Nigeria’s debt level, describing it as a high-risk fiscal state, warning that improvement is necessary despite stability in some critical debt measures. Nigerians have taken to social media, urging the World Bank to reject the recent proposed $1.2 billion loan request. The Nigerian Economic Summit Group has cautioned […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Finance

SERAP urges Tinubu to probe missing ₦26.9bn USPF funds

The Socio-Economic Rights and Accountability Project has called on President Bola Ahmed Tinubu to urgently direct the Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, and the Secretary of the Universal Service Provision Fund, Yomi Arowosafe, to account for and explain the whereabouts of an alleged N26.9 billion in public funds said to […]

Investment

Tinubu woos investors in Paris, pledges fiscal discipline transparency

President Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline, and explaining the rationale for the swift implementation of bold reforms. Vanguard reported that at the meeting, the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele, highlighted Nigeria’s strong GDP growth in dollar terms in […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Transportation

Tinubu approves ₦1trn Kaduna light rail, ₦178bn road project

Kaduna State Governor, Uba Sani, has expressed appreciation to President Bola Ahmed Tinubu for approving strategic infrastructure contracts worth over ₦1 trillion and ₦178 billion aimed at transforming transportation and connectivity in the state. In a statement on behalf of the Kaduna State Government, the governor commended the Federal Executive Council for the approval of […]

featured Finance

Reps approve Tinubu’s $516.33m loan for Sokoto-Badagry superhighway project

The House of Representatives on Tuesday approved President Bola Tinubu’s request to secure a $516.33m loan from Deutsche Bank to finance Section I of the ambitious Sokoto-Badagry Superhighway project, a key infrastructure initiative under the administration’s Renewed Hope Agenda. The approval followed the consideration of the President’s request by the Committee of Supply during plenary […]

Opinion

Ndume hails Tinubu over ₦68bn power intervention in Borno

Former Senate Leader Ali Ndume has praised President Bola Tinubu for approving ₦68 billion in operational support for the Maiduguri Emergency Power Plant. The funding, scheduled to be released in phases between March 2026 and December 2028, is intended to tackle the persistent power shortages in Borno State, which have been worsened by insurgent attacks […]

Finance

Tinubu unveils ₦25trn pension assets to secure workers’ future

President Bola Tinubu has officially unveiled a N25 trillion pension asset pool. This initiative is part of a broad social protection drive intended to ensure that Nigerian workers no longer experience financial hardship following their retirement. During the opening of the ISSA 2026 West Africa Seminar in Abuja, the President reaffirmed his administration’s dedication to […]

News

Tinubu approves ₦17bn fund for projects in 8,804 wards nationwide

President Bola Ahmed Tinubu has approved a N17 billion community-led development fund to drive grassroots interventions across Nigeria’s 8,804 wards. This was disclosed in a statement issued by the Assistant Director, Information and Public Relations, Ado Bako, on behalf of the Federal Ministry of Health and Social Welfare. The President also approved the upgrade of […]

Electricity featured

Tinubu blames privatization for current power sector crisis

President Bola Ahmed Tinubu has declared that Nigeria is currently on the right path notwithstanding the persistent challenges facing the power sector. During a recent engagement monitored on Channels Television, the President attributed the nation’s ongoing electricity struggles to what he described as poorly executed privatisation by previous administrations. He expressed a strong sense of […]