Tag: FG

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 […]

Opinion

Obi slams ‘$9m’ foreign lobbying spend, cites misplaced priorities

Former Labour Party presidential candidate, Peter Obi, has criticised the Federal Government over reports that it spent $9 million on foreign lobbyists, describing the move as a clear indication of Nigeria’s misplaced priorities amid worsening development outcomes. Obi made his position known in a statement shared on his X account, formerly Twitter, on Friday, where […]

Business

FG launches policy to boost iIndustrial growth

The Federal Government has unveiled the Nigerian Industrialisation Policy, aimed at boosting value addition, promoting industrial growth, and creating jobs nationwide. The Minister of State for Industry, Senator John Enoh, introduced the policy during its soft launch on Thursday in Lagos, coinciding with the presentation of the 2026 Macroeconomic Outlook Report by the Nigerian Economic […]

2023 budget: ASUU threatens strike over unreleased N170bn
News

FG, ASUU sign landmark deal to end university crises

The Federal Government and the Academic Staff Union of Universities have signed a landmark agreement aimed at resolving the long-standing crises that have plagued Nigeria’s public university system. The renegotiated 2025 agreement was unveiled on Wednesday in Abuja, bringing to an end a protracted process that began in 2017 to review the 2009 Federal Government–ASUU […]

EFCC investigating Sirika's Nigerian Air deal – Keyamo
Aviation

Aviation ministry allocates ₦7.46bn for technology, training upgrades

The Federal Ministry of Aviation and Aerospace Development has earmarked ₦7.46 billion in the 2026 budget for technology upgrades, workforce training, safety programmes, and operational reforms. Details in the 2026 Appropriation Bill show that the funds will support the automation of ministerial operations, library and registry services, and performance management systems. Planned projects include the […]

Business

FG unveils Lagos gold refinery, prepares $600m lithium plant

The Federal Government has begun operations at a high-purity gold refining plant in Lagos, while three other gold refineries are at various stages of development nationwide. In addition, a $600 million lithium processing plant in Nasarawa State is set for commissioning. The Minister of Solid Minerals Development, Dele Alake, announced this on Tuesday, describing the […]

No link between mobile phones and brain cancer - WHO
Helth

FG, WHO select 13 fellows to boost Nasarawa health sector

The Federal Ministry of Health and Social Welfare, working in collaboration with the World Health Organisation, has selected 13 healthcare workers as fellows to support health sector reforms, strengthen community health systems and improve healthcare delivery at the grassroots level across Nasarawa State. The fellows were chosen following the final interviews for the National Health […]

Finance

FG allocates N10bn to maintain Shettima’s aircraft

The Federal Government has earmarked a cumulative sum of N10.61bn for the overhaul of engines on the Gulfstream G550 aircraft assigned to Vice President Kashim Shettima over a three-year period, according to an analysis of appropriation bills spanning 2024 to 2026. The aircraft, registered as 5N-FGW, accounted for the largest single allocation among all engine […]

Policy and Regulations

FG reviews tariff policies to boost local production

The Federal Government has commenced a strategic review of tariff policies aimed at encouraging local production, protecting domestic industries, and easing the cost of doing business. The move followed a high-level meeting involving the Tariffs Review Board and the Minister of State for Finance, Dr Doris Uzoka-Anite, where existing tariff regimes were assessed against the […]