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Local refineries key to lower fuel prices, reduced importation – Minister

The Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has emphasized that increasing local refining capacity will help lower fuel prices and reduce Nigeria’s reliance on imported petroleum products. Lokpobiri reaffirmed the Federal Government’s commitment to optimizing the downstream sector to strengthen the country’s energy security. He made this disclosure while receiving the Chief […]

Aviation

FG to review air service agreement with Jamaica

The Federal Government is reviewing its Bilateral Air Service Agreement with Jamaica to establish a direct flight route between both countries. This was disclosed in a statement by the media aide to the Minister of Aviation and Aerospace Development, Festus Keyamo, Tunde Moshood, on Wednesday. Moshood referenced a meeting between the Jamaican Ambassador to Nigeria, […]

News

FG reaffirms commitment to CVFF disbursement

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has reaffirmed President Bola Tinubu’s commitment to disbursing the Cabotage Vessel Financing Fund This was stated in a release on Monday by the Head of Public Relations at the Nigerian Maritime Administration and Safety Agency, Osagie Edward. According to the statement, the decision […]

News

FG partners Azare Consulting to boost Nigeria’s gaming sector

The Federal Ministry of Innovation, Science, and Technology has signed a Memorandum of Understanding with Azare Consulting to enhance innovation and regulatory compliance in Nigeria’s gaming industry. This was disclosed by the Hon. Minister of Innovation, Science & Technology of the Federal Republic of Nigeria, Uche Nnaji during the official signing ceremony in Abuja. Nnaji […]

News

FG denies diverting $3bn South-East railway project

The Federal Ministry of Transportation has denied allegations that Minister Said Alkali redirected a $3 billion railway project from the South-East to his home state, Gombe, for political reasons. In a statement on Tuesday, the ministry’s Director of Information, Janet McDickson, dismissed the claims as “false, malicious, and misleading.” The ministry in the clarified that […]

Tech

Nigeria leads Africa in fintech, financial services – Minister

The Foreign Affairs Minister, Amb. Yusuf Tuggar has stated that Nigeria plays a leading role in Africa’s fintech and financial services sector, driving job creation across the continent. During a visit to Moniepoint Inc.’s UK offices, Tuggar highlighted Nigeria’s industry leadership and stressed the need to boost confidence in Nigerian businesses as they expand globally. […]

News

FG engages foreign nations to boost work opportunities for youths

The Minister of Budget and Economic Planning, Atiku Bagudu, stated that the Federal Government is collaborating with other countries to create remote work opportunities for Nigerian youths. Bagudu made this disclosure at the KPMG budget 2025 day aired on Arise TV on Monday. Bagudu highlighted that this is the first full-year budget following the total […]

News

Nigeria strengthens global financial ties with EU Bank membership

Nigeria has officially become the 77th member of the European Bank for Reconstruction and Development. The bank’s delegation, led by Heike Harmgart, presented the membership certificate to Finance Minister and Coordinating Minister of the Economy, Wale Edun, in Abuja on Thursday. According to a statement by the Director of Information and Public Relations at the […]

News

FG launches licensing programme to close digital skills gap

The Federal Government of Nigeria has launched the Digital Bridge Institute Certificate Licensing Programme to address the nation’s digital skills gap. Unveiled on March 4, 2025, at DBI’s Lagos campus, the initiative aims to provide individuals with globally recognized ICT certifications, enhancing employability and bolstering Nigeria’s digital economy. The President and Chief Executive Officer of […]

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Remita to remain operational as FG launches TMRAS – AGF

The Office of the Accountant General of the Federation has clarified that Remita, the CBN-approved payment gateway, will remain operational alongside the newly launched Treasury Management and Revenue Assurance System. This assurance addresses concerns about potential disruptions to government payment and revenue collection processes. in a statement signed by the spokesperson, Bawa Mokwa, on Tuesday, […]

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FG threatens closure of private jet terminal to stop illegal operations

The Federal Government is considering shutting down the General Aviation Terminal of the Nnamdi Azikiwe International Airport in Abuja due to reports that its VIP section has become a hub for money laundering, drug trafficking, human trafficking, and other criminal activities. The GAT is primarily used by private jet owners and charter services. Minister of […]

News

FG faces resistance in gold mining regulation – Minister

The Minister of Solid Minerals Development, Dele Alake, has acknowledged that the federal government’s efforts to regulate gold mining in Nigeria are being hindered by political, social, and cultural challenges. Despite the constitutional authority of the federal government over mineral resources, state governments exert significant influence due to their control over land under the Land […]