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MAN urges FG to guarantee steady crude supply

  • 10th May 2026

Crude supply to local refineries hits 58.8m barrels

  • 10th May 2026

17 Americans, others evacuated from cruise ship after

  • 9th May 2026
FG targets 6500 megawatts power generation in six months

Lagos grants 14 licences to boost power supply

  • 9th May 2026

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Lagosians lament low purchasing power despite food price drop

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MAN urges FG to guarantee steady crude supply for

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Finance

2026 budget: FG allocates N198.53bn for 9,230 intervention projects

An examination of the consolidated ZIP/ZIF master project sheet for the 2026 budget cycle reveals that the Federal Government has set aside N198.53 billion for 9,230 intervention projects across the country. These projects cover social welfare, infrastructure rehabilitation, agriculture, health, education, and community development. The dataset combines projects under intervention and recovery programmes. The allocation […]

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FG bans payment for installing electricity meters, threatens prosecution

The Federal Government has banned electricity distribution companies and installers from collecting any form of payment for meters, warning that DisCo officials and installers found extorting customers will be prosecuted. The Minister of Power, Adebayo Adelabu, issued the warning on Thursday during an on-site inspection of newly imported smart meters at APM Terminals, Apapa, Lagos. […]

Aviation featured

FG concessions Enugu international airport to Aero Alliance

The Federal Government has officially signed the concession agreement for Akanu Ibiam International Airport, Enugu, as part of its drive to modernise Nigeria’s aviation sector through public-private partnerships. The agreement was signed on Wednesday at the Ministry of Aviation and Aerospace Development in Abuja by the Minister of Aviation and Aerospace Development, Mr Festus Keyamo, […]

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FG disburses N152bn to contractors amid ongoing payment protests

The Federal Government has announced that it has disbursed N152 billion to contractors for what it termed verified contracts, amid ongoing protests over unpaid dues. In a statement on Thursday, Minister of State for Finance Doris Uzoka-Anite said the payments were made following strict verification procedures in accordance with existing laws and regulations. She acknowledged […]

Ban on styrofoam, satchet alcohol to worsen employment - NECA
Business

FG, employers clash over proposed increase in NSITF levy

The Federal Government and private sector employers appear headed for a confrontation over the proposed increase in the Nigeria Social Insurance Trust Fund employee compensation levy. Employers have cautioned that raising the levy beyond the statutory one per cent could trigger job losses and force some factories to shut down. The Federal Government made the […]

Business

FG unveils impact challenge to boost 3MTT outcomes

The Federal Government has introduced a new “Impact Challenge” to deepen results from its three-million-man training programme as it scales up the national digital skills drive. The Minister of Communications, Innovation and Digital Economy, Mr. Bosun Tijani, announced the initiative in a post on his X handle on Tuesday. According to him, over 135,000 Nigerians […]

Business

FG to rely more on local resources, reduce borrowing – Edun

The Federal Government has said it will increasingly depend on domestic resources while cutting back on borrowing. Minister of Finance, Wale Edun, stated this on Tuesday during an interview on Bloomberg Television at the World Economic Forum in Davos, Switzerland. He stressed that the administration is prioritising stronger revenue generation. He added that although Nigeria […]

featured Food

Abuja residents hail FG as food prices crash

Some Abuja residents have commended the Federal Government’s intervention to reduce food prices, saying the crashing prices of food items have brought relief to residents of Abuja and other Nigerians across the country. The residents gave the commendation in separate interviews with the News Agency of Nigeria in Abuja on Tuesday. Mrs Vivian Uche, a […]

Business

FG to raise N900bn via January 2026 bond auction – DMO

The Debt Management Office has revealed that the Federal Government plans to raise N900 billion by reopening three federal bonds in its January 2026 auction. According to a DMO circular released on Monday, the auction is set for January 26, 2026, with settlement scheduled for January 28, 2026. The offering includes medium- and long-term bonds, […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
News

FG denies owning gold refinery in Lagos

The Federal Ministry of Solid Minerals Development has dismissed claims by the Northern Elders Forum that the Federal Government sited a gold refinery in Lagos in violation of the federal character principle. It said the allegations contained in a statement signed by the Northern Elders Forum spokesperson, Prof. Abubakar Jiddere, were not true and misleading. […]

Business

FG, Abu Dhabi sign MoU on ports, maritime collaboration

The Federal Ministry of Marine and Blue Economy has entered into a landmark Memorandum of Understanding with Abu Dhabi Ports Group to pursue strategic cooperation in ports development, maritime logistics, and digital solutions. The Deputy Director and Head of Public Relations at the Nigerian Maritime Administration and Safety Agency, Osagie Edward disclosed this in a […]

Business

FG sets aside ₦6.12bn for judgement debts in 2026

The Federal Government has earmarked ₦6.12bn for judgement debts and related liabilities across three ministries in the proposed 2026 budget, according to a review of the appropriation bill. The figures show that the 2026 allocation is slightly higher than the ₦6.05bn proposed for 2025, according to The Punch. This represents a year-on-year increase of about […]

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