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Business

FG issues travel advisory to Nigerians in Iran, gulf states

The Federal Government of Nigeria has issued a travel advisory to Nigerians residing in or travelling to Iran and other Gulf countries amid the ongoing conflict involving the United States, Israel, and the Iranian government. The advisory was announced in a statement by the spokesperson for the Ministry of Foreign Affairs, Kimiebi Imomotimi Ebienfa, titled: […]

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Labour gives FG Friday ultimatum over unpaid wage awards

Organised labour in the federal public service has issued a Friday ultimatum to the Federal Government, demanding the immediate release of funds to settle three months’ outstanding wage awards and other pending allowances owed to workers across Ministries, Departments and Agencies. The Joint National Public Service Negotiating Council, representing the trade union side, issued the […]

Medical tourism: Nigerians spend $1m in foreign hospitals
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FG criticised as medical tourism outflow rises 18%

The Federal Government has come under criticism as foreign exchange outflow for health-related travel by Nigerians surged to $549.29 million in the first nine months of 2025. This represents a 17.96 per cent increase from $465.67 million recorded in the same period of 2024, according to The PUNCH. Analysts and health experts have slammed the […]

Energy

FG launches oxytane to slash generator emissions by 70%

The Federal Government has launched a new Greenhouse Gas Emission Reduction Initiative featuring an oxygen-based fuel additive technology that can reduce carbon emissions from generators by up to 70 per cent. Speaking at the official launch in Abuja on Tuesday, the Registrar/Chief Executive Officer of the Environmental Health Council of Nigeria, Dr Yakubu Baba, described […]

Business

FG seeks Chinese funding for power, mining projects

The Federal Government is seeking to attract up to $5.7 billion in potential Chinese investments to strengthen key sectors of Nigeria’s economy, such as power generation, mining, and industrial manufacturing. This initiative comes after a meeting in Abuja between the Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and a delegation […]

Agribusiness

FG partners NAICOM to reform agricultural insurance framework

The Federal Government is preparing to overhaul the agricultural insurance framework through a strategic partnership between the National Insurance Commission and the Federal Ministry of Agriculture and Food Security. The collaboration seeks to strengthen protection for farmers and support national food security goals. A statement issued by NAICOM on Saturday detailed the initiative. It followed […]

Finance

FG pledges 5% of GDP for industrial financing push

The Federal Government has announced plans to allocate up to five per cent of Nigeria’s Gross Domestic Product annually for industrial development financing. This move aims to significantly increase the manufacturing sector’s contribution to the economy. The initiative forms part of the newly launched Nigeria Industrial Plan, which was unveiled in Abuja by the Federal […]

Aviation

FG launches major investment drive in aviation sector

Nigeria’s aviation sector is poised for a significant investment push as the Federal Government plans to develop aerotropolises in major cities and host global aircraft lessors, financiers, and airline operators for strategic business discussions. The initiative, themed Aircraft Acquisition and Investment Summit, comes as the Director of Public Affairs and Consumer Protection at the Nigeria […]

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FG eyes manufacturing growth with major GDP allocation

The Federal Government has announced that it will allocate up to five per cent of Nigeria’s Gross Domestic Product each year to industrial development financing, aiming to significantly boost the manufacturing sector’s share of the economy. This initiative is outlined in the newly launched Nigeria Industrial Plan, unveiled in Abuja by the Federal Ministry of […]

Business

FG launches $50m impact innovation fund to support startups

The Federal Government has officially launched a $50 million Impact Innovation Fund aimed at supporting Nigerian startups tackling critical social challenges, following the signing of agreements between the Nigeria Sovereign Investment Authority and the Japan International Cooperation Agency. The agreements were signed on Friday at the Federal Ministry of Budget and Economic Planning in Abuja […]

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FG plans armed forces college of medicine in NDA

The Federal Government has advanced plans to establish the Armed Forces College of Medicine and Health Sciences in a bold move aimed at strengthening military medical readiness and expanding Nigeria’s overall healthcare training capacity. The strategic initiative was firmed up at a high-level meeting convened by the Minister of Education, Dr Maruf Tunji Alausa, and […]

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FG launches nationwide audit of medical equipment in hospitals

The Federal Government has commenced a comprehensive inventory of high-end hospital equipment across federal teaching hospitals and medical centres. The exercise focuses on maintenance status and capacity gaps amid concerns over poor maintenance of medical equipment in public hospitals. The National Biomedical Equipment Audit forms part of the broader Health Sector Renewal Investment Initiative. This […]

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