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Federal workers demand N300,000 minimum wage, payment of

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Federal workers demands ₦300,000 new minimum wage

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Business

FG clears $2.76bn financing package for transport, agriculture, MSMEs

The Federal Executive Council has approved financing packages totalling approximately $2.76 billion, €200 million and N215 billion to fund key projects across the transportation, agriculture, renewable energy, infrastructure and micro, small and medium-sized enterprises sectors. The approvals were disclosed by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, following Monday’s FEC […]

Technology

FG to launch digital education data system DNEMIS July 1

The Federal Ministry of Education will on July 1 officially launch the Digital National Education Management Information System. According to the News Agency of Nigeria, National Project Coordinator, Special Programmes Operations and Implementation Unit, Office of the Minister of Education, Mr Adebayo Onigbanjo, disclosed this at a news conference in Abuja on Monday. Onigbanjo described […]

Oil and Gas

FG orders NMDPRA to stop exploitative fuel pricing by marketers

The Federal Government has directed the Nigerian Midstream and Downstream Petroleum Regulatory Authority to ensure that petroleum marketers do not exploit Nigerians through excessive pricing under the deregulated downstream market. Vanguard reported that Minister of State for Petroleum Resources (Oil), Senator Heineken Lokpobiri, gave the directive on Monday in Abuja while delivering the keynote address […]

Business

Lokpobiri orders fuel marketers to cut petrol prices amid global oil decline

The Minister of State for Petroleum Resources, Senator Heineken Lokpobiri, has directed petroleum marketers to immediately reduce the pump prices of Premium Motor Spirit and other petroleum products in line with the recent drop in global crude oil prices. Lokpobiri gave the directive on Monday in Abuja during the 2026 Nigerian Midstream and Downstream Petroleum […]

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Nigeria, EU reaffirm strategic partnership to boost trade, investment

The Federal Government and the European Union have reaffirmed their commitment to strengthening their strategic economic partnership to boost investment, expand trade, and drive sustainable economic growth, according to a statement issued on Friday in Abuja by the EU Delegation to Nigeria and ECOWAS. The renewed commitment was announced at the 10th Nigeria–EU Business Forum, […]

Aviation

FG hands Enugu Airport to Aero Alliance under PPP

The Federal Government has formally transferred the Akanu Ibiam International Airport in Enugu to Aero Alliance Limited under a Public-Private Partnership concession designed to modernise, expand and manage the airport in line with global aviation standards. As part of the agreement, Aero Alliance Limited will finance the rehabilitation and expansion of the airport, while taking […]

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FG plans review of ₦70,000 minimum wage

The Federal Government has signalled plans to review the national minimum wage, stating that the current N70,000 benchmark no longer reflects prevailing economic realities. Vanguard reported that the move comes less than two years after President Bola Tinubu signed the new minimum wage into law, raising it from N30,000 and shortening the review cycle from […]

Housing

FG hands over rent-to-own houses to FCT beneficiaries

The Federal Government has handed over rent-to-own housing units to beneficiaries in Abuja, marking another step in its efforts to expand access to affordable homeownership for Nigerians. The handover took place on Tuesday, June 23, during a ceremony held in the Federal Capital Territory, where officials of the Federal Ministry of Housing and Urban Development […]

Helth

FG approves ₦21.2m Ebola preparedness funds

The Federal Government has approved the release of N21.2 million in outbreak investigation and response funds to each state to strengthen preparedness against Ebola Virus Disease and other public health threats. This is contained in a statement made available to newsmen by Mr Ado Bako, Assistant Director, Information and Public Relations, Federal Ministry of Health […]

Agribusiness featured

FG to centralise livestock data for better sector planning

The Federal Government has moved to centralise Nigeria’s livestock data through the validation of the National Livestock Information Management System. Nairametrics reported that this was disclosed by the Permanent Secretary of the Federal Ministry of Livestock Development, Dr. Chinyere Ijeoma Akujobi, during a validation session in Abuja. The platform is designed to strengthen data-driven decision-making, […]

Policy and Regulations

FG denies plans for new fuel, telecom taxes

The Federal Government has said it is not considering the imposition of fuel and telecommunications taxes. It was reacting to reports suggesting that it has adopted or is considering new taxes on telecommunications services and petroleum products following the recommendation of the International Monetary Fund Article IV Consultation Report on Nigeria. Vanguard reported that the […]

Business

FG ends mandatory stamp duty deductions by MDAs

The Federal Government has directed all Ministries, Departments and Agencies to immediately stop deducting the one per cent stamp duty previously charged on payments to contractors, vendors, suppliers and service providers, in line with the provisions of the Nigeria Tax Act 2025. The directive was conveyed in a Federal Treasury Circular dated June 15, 2026, […]

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