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Netizens slam FG over passport fee hike

The Federal Government has recently announced a significant increase in passport fees, leading to widespread reactions on social media. Under the new pricing structure, effective September 1st, 2024, the cost of a 32-page passport booklet with a 5-year validity will rise from N35,000 to N50,000. Meanwhile, the 64-page booklet with a 10-year validity will see […]

FG threatens to revoke oil block licenses over inactivity
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FG threatens to revoke oil block licenses over inactivity

The Federal Government has issued a stern warning to companies and individuals holding oil block licenses who have failed to secure investment or commence exploration, stating that their licenses will be revoked if they do not take action. State Minister of Oil, Heineken Lokpobiri, delivered this warning in a statement on Wednesday in Abuja, addressing […]

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FG pledges swift Bakassi seaport project

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has assured Cross River State Governor, Bassey Otu, that the federal government will expedite the development of the Bakassi Deep Seaport, minimizing bureaucratic delays in a strategic move to advance Nigeria’s maritime infrastructure. This was disclosed by the Minister during a recent meeting between the two […]

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FG eyes fresh $100bn investments to tackle economic crisis

The Minister of Budget and Economic Planning, Atiku Bagudu announced on Wednesday that the Federal Government intends to invest $100 billion yearly to address Nigeria’s economic problems. Bagudu added that government officials have been compelled to listen more and perform better as a result of the recent nationwide protest against bad governance in Nigeria, according […]

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FG to introduce new IPv6 for enhanced Internet services

The Federal Government intends to implement IPv6, the most recent version of the Internet Protocol in order to enhance the identification, tagging, and tracking of internet users and their devices in Nigeria. This was disclosed at the IPv6 Driven Digital Summit under the theme “Bringing Net 5.5G Into Reality: Inspiring New Growth” organized by the […]

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FG demands businesses, households metered before 2030 

The Minister of Power, Adebayo Adelabu says President Bola Tinubu has directed that all industries, businesses, homes, and institutions be metered within the next five years. This was disclosed by the Minister when he visited the MBH Power, a meter factory in Mowe, Ogun State, according to The Punch. According to Adelabu, Tinubu has ordered […]

FG targets 1,268MW from new hydropower plants
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FG pays N205bn from N1.3tn power generation debt

The federal government said on Monday that it has paid N205 billion from the N1.3 trillion in debt owed to Generation Companies. The government also ascribed the recent improvement in electricity supply that has been observed in some parts of the country to President Bola Tinubu’s administration, according to ThisDay. This was disclosed by the […]

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FG launches national broadband alliance

The Federal Government has unveiled the National Broadband Alliance for the country, an initiative to expedite the country’s digital transformation and promote broadband development and adoption. The Minister of Communication and Digital Economy, Bosun Tijani disclosed this in a statement on Friday. The minister emphasized how crucial it is to upgrade infrastructure connectivity to promote […]

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FG targets $500m W’Bank loan to boost education, health sectors

Nigeria is about to receive a $500 million loan from the World Bank, which would provide a huge financial boost for the country’s healthcare and education sectors. This was disclosed in the “Program Information Document (PID)” for the appraisal stage of the Nigeria Human Capital Opportunities for Prosperity and Equity (HOPE) Governance Program. The proposed […]

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Aircrafts seizure: Chinese firm rejects FG’s account in Paris Court verdict

Zhongshan Fucheng Industrial Investment Co. Limited has dismissed the Nigerian government’s account in a Paris, France court proceeding that followed the country’s presidential airplanes being temporarily seized. The rebuttal was disclosed in a statement on August 15, 2024, according to Premium Times. The National Security Adviser and Attorney General of the Federation, Lateef Fagbemi (SAN), […]

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