Tag: FG

Business

FG, Polaris Capital partner on skills, job placement for artisans

The Federal Government has partnered with Polaris Capital Limited to train, certify, and place 100,000 construction artisans across Nigeria. Formalized through a Memorandum of Understanding on September 2, 2025, the initiative aims to address skills gaps in the housing and construction sector, according to a statement on the ministry’s website. The Permanent Secretary of the […]

FGN Bonds' value decreases by 93.2% to N183bn
Business

FG raises N3.3bn from August savings bonds – DMO

The Debt Management Office has confirmed that the Federal Government raised a total of N3.3 billion from the allotment of the August 2025 FGN Savings Bonds. Data published on the DMO’s website on Tuesday showed that the offer, which ran from August 4 to 8, 2025, attracted N573.31 million from the 2-year bond maturing in […]

Coat of Arm
News

FG begins payment to contractors of MDAs

The Nigerian government has begun payment to contractors of projects domiciled with federal government ministries, departments and agencies amid outcry. According to Daily Post, the spokesperson for the Office of the Accountant General of the Federation, Bawa Mokwa, disclosed this in an interview on Monday. This comes after more than a year of non-payment to […]

News

FG confirms delayed salary of Nigerian missions’ abroad staff

The Ministry of Foreign Affairs has admitted that Nigerian diplomatic and consular missions are grappling with financial and operational strain, driven by years of budget shortfalls and economic pressures. Spokesperson Kimiebi Ebienfa said the challenges—ranging from delayed salary payments to outstanding service provider bills—have disrupted the smooth running of missions abroad. To ease the pressure, […]

Air cargo demand rises by 18.4% January - IATA
Business

Nigeria, Colombia in talks on direct flights to boost ties

Colombian Vice-President Francia Márquez says discussions have been held with Nigerian aviation stakeholders on the launch of direct flights between both countries to strengthen bilateral relations. She made the announcement on Monday during a visit to the State House in Abuja, where she was received by President Bola Tinubu, according to the presidential adviser on […]

featured

FG eyes 44m Nigerians for health insurance by 2030

The Federal Government has announced plans to enroll 44 million Nigerians into the National Health Insurance Scheme by 2030 as part of efforts to reduce high out-of-pocket healthcare costs. Minister of State for Health and Social Welfare, Dr. Iziaq Salako, made this known on Monday at the opening of the National Health Financing Policy Dialogue […]

Policy and Regulations

FG unveils new curriculum for primary, secondary, technical schools

The federal government has unveiled a new curriculum framework for basic, senior secondary, and technical education, to reduce overload and improve the quality of learning in schools. A statement by the Director of Press and Public Relations, Federal Ministry of Education, yesterday, said the Minister of State for Education, Prof. Suwaiba Sai’d Ahmad, announced the […]

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Nigeria, Brazil open talks on fintech, mobile money ties

Nigeria and Brazil have begun talks to deepen economic and financial cooperation, with emphasis on payment systems, fintech, and mobile money growth. The discussions took place in Brasília between the Governor of the Central Bank of Nigeria, Olayemi Cardoso, and Brazil’s Central Bank Governor, Gabriel Galípolo, during President Bola Tinubu’s state visit. In a statement […]

featured Finance

FG to release 2024 budget performance September ending

The Federal Government has said it will release the long-awaited Budget Performance Report for 2024 by the end of September 2025, alongside outstanding reports for the first and second quarters of 2025, in a move aimed at restoring compliance with fiscal reporting requirements. In a statement released on Friday, the Budget Office of the Federation […]

Opinion

Build economic growth on productivity not inflation, NESG tells FG

The Nigeria Economic Summit Group has called on the Federal Government to anchor its economic growth objectives on productivity and not inflation. Making this call in a report on the outcome of the Gross Domestic Product rebasing exercise recently concluded by the National Bureau of Statistics, NESG said: “The rebasing of Nigeria’s GDP is more […]

Aviation auditors begin security audits of Lagos, Abuja airports
Business

FG secures 200 hectares Lekki land for building materials hub

The Federal Government has secured 200 hectares of land in the Lekki Free Trade Zone, Lagos, to establish a building materials hub aimed at reducing housing construction costs nationwide. Housing and Urban Development Minister, Ahmed Dangiwa, revealed this during a tour of the Lekki and Lagos Free Zones, according to NAN. He said the hub […]

Economy featured

FG to boost GDP by 21% with digital e-governance bill

The Federal Government has said that Nigeria’s Gross Domestic Product could receive a major boost from the digital economy, with contributions projected to rise to 21 per cent by 2030, if the proposed National Digital and E-Governance Bill is passed into law. The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, stated this […]