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NMDPRA assures two-month aviation fuel sufficiency amid scarcity fears

Aviation
Nigeria’s debt crisis deepens as FG borrows N10.85trn in four months

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Tag: FG

Loan apps: FCCPC to address rising debt with new policy
Policy and Regulations

FG probes ‘sharp sharp’ loan operators over customers privacy data breach

The Federal Government says it is investigating the activities of some ‘sharp sharp’ loan operators over alleged violation of data privacy of customers. The National Commissioner, Nigeria Data Protection Commission, Mr Vincent Olatunji, said this in an interview with the News Agency of Nigeria on Tuesday. NAN reports that ‘Sharp Sharp’ loan operators, also known […]

Electricity

FG pays ₦418.79bn power subsidy as sector losses exceed ₦300bn

The Nigerian Electricity Regulatory Commission has disclosed that the Federal Government incurred a subsidy obligation of N418.79bn in the fourth quarter of 2025, even as inefficiencies across the electricity value chain led to losses exceeding N300bn during the period. The PUNCH reported that this was contained in the commission’s 2025 fourth-quarter report, which also highlighted […]

featured Helth

FG begins payment of CONMESS arrears to resident doctors

The Federal Government has commenced the payment of long-standing salary arrears owed to resident doctors under the Consolidated Medical Salary Structure, the Nigerian Association of Resident Doctors has confirmed. In a statement issued by its Publicity and Social Secretary, Dr. Abdulmajid Ibrahim, the association disclosed that disbursement of the arrears has already begun, with several […]

Business

Nigeria, Morocco advance transcontinental $25bn gas project

Nigeria and Morocco are moving closer to advancing their long-planned transcontinental gas project, with both countries set to sign an intergovernmental agreement this year for the $25bn pipeline. The deal is expected to formalise political and regulatory commitments for the ambitious initiative, marking a key milestone in the development of the proposed 6,900-kilometre African Atlantic […]

Policy and Regulations

FG unveils digital registration for car dealers nationwide

The Federal Government has launched the National Vehicle Dealership Registration Framework for car dealers in a decisive move to sanitise Nigeria’s auto market, improve traceability and unlock financing for industry players. The initiative, unveiled by the National Automotive Design and Development Council (NADDC) in Abuja on Friday, introduces a digital system mandating all car dealers […]

Business

FG begins assessment of $200bn integrated infrastructure proposal

The Federal Government has set up a technical committee to assess a proposed $200 billion integrated gas, power, and high-speed rail project submitted by De-Sadel Nigeria Limited. This was disclosed in a statement released on Thursday by the Office of the Secretary to the Government of the Federation. The proposal features a multi-phase infrastructure plan […]

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FG reaffirms drive to strengthen national power sector

The Managing Director and Chief Executive Officer of the Federal Government of Nigeria Power Company, Kenny Anuwe, has reaffirmed President Bola Tinubu’s administration’s commitment to strengthening electricity supply across the country. Anuwe said the government recognises that reliable power is essential to national development and has been making significant investments to tackle persistent challenges in […]

Transportation

FG launches new leasing scheme for motorcycle, tricycle operators

The Federal Government has unveiled a new leasing model aimed at replacing what it described as exploitative hire purchase arrangements for motorcycle and tricycle operators across the country. The initiative, introduced through the Equipment Leasing Registration Authority in partnership with Century Information Systems Ltd. and the National Commercial Tricycle and Motorcycle Owners and Riders Association […]

Business

Presidential council orders MDAs to suspend new policies

The Presidential Enabling Business Environment Council has instructed Ministries, Departments, and Agencies to halt the rollout of new policies and regulatory changes, aiming to shield businesses from potential disruptions. The directive was announced on Monday in Abuja by PEBEC Director-General, Princess Zahrah Mustapha-Audu. According to the Council, the measure aligns with the Federal Government’s wider […]

Policy and Regulations

FG to establish cybersecurity council over rising cyber threats

The Federal Government has announced plans to establish a national cybersecurity coordination council to strengthen Nigeria’s capacity to fight growing cyber threats. Vanguard reported that in a statement issued over the weekend, the Federal Ministry of Communications, Innovation and Digital Economy said the proposed council will serve as a multi-stakeholder platform to enhance coordination, information […]

Business

Tinubu appoints Shu’aibu Aliyu as PTDF executive secretary

President Bola Ahmed Tinubu has approved the appointment of Professor Shu’aibu Shehu Aliyu as the new Executive Secretary of the Petroleum Technology Development Fund. The President also renewed the tenure of Engineer Sule Ahmed Abdulaziz as the Managing Director and Chief Executive Officer of the Transmission Company of Nigeria. The appointments take immediate effect, according […]

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