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MAN urges FG to guarantee steady crude supply

  • 10th May 2026

Crude supply to local refineries hits 58.8m barrels

  • 10th May 2026

17 Americans, others evacuated from cruise ship after

  • 9th May 2026
FG targets 6500 megawatts power generation in six months

Lagos grants 14 licences to boost power supply

  • 9th May 2026

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MAN urges FG to guarantee steady crude supply for

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US crude imports from Nigeria fall 15% in Q1

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Crude supply to local refineries hits 58.8m barrels

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Oil revenue drops by 36% in May, says CBN
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Oil revenue drops by 36% in May, says CBN

  In May 2023, the Federal Government’s oil revenue target saw a significant drop from N804 billion to N223 billion, marking a substantial 72 percent reduction in federal earnings, as per statistics from the Central Bank of Nigeria’s Monthly Economic Report for May 2023. According to the report; “oil revenue at N223bn for May was […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
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FG seeks $10bn to fund SDGs

The Federal Government has stated that Nigeria will need $10 billion a year in funds to implement the Sustainable Development Goals. This revelation was made public on Tuesday during the National Economic Summit being held in Abuja by the Senior Special Advisor to the President on SDGs, Mrs. Adegoke Orelope-Adefulire. Speaking on the theme “Half Point to […]

FG, PWC partner on roadmap for solid minerals
News

FG, PWC partner on roadmap for solid minerals

Bisola David The Federal Government has committed to working with the top consulting firm, PricewaterhouseCoopers, in implementing the seven-point roadmap to reform the industry. This commitment is being made through the Ministry of Solid Minerals Development. According to a statement released on Sunday by the Special Assistant for Media to the Honourable Minister of Solid Minerals Development, […]

FG loses N843bn to gas flaring in 20 months - Report
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FG loses N843bn to gas flaring in 20 months – Report

    Data from the National Oil Spill Detection and Response Agency reveals that the Federal Government lost approximately N843 billion due to gas flaring from January 2022 to August 2023. In its latest gas flare report, NOSDRA disclosed that oil and gas companies operating in Nigeria flared 147.1 billion standard cubic feet of gas […]

Telcos seek price hike, present demand to lawmakers
Telecommunications

FG to boost telecoms connectivity with $5bn

The FG has established a strategy to support startups in increasing their annual investment rounds to $5 billion by 2027 and increasing access in rural areas by at least 40%. The Punch reported that three million Nigerians are expected to receive tech training from the federal government over the next four years. In a document […]

Nigeria allocates $5bn target for startups
News

Nigeria allocates $5bn target for startups

  Nigeria has unveiled an ambitious plan to facilitate startups in raising a total of $5 billion in annual funding rounds by 2027. According to The PUNCH, the Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, revealed this in a document titled ‘Accelerating our Collective Prosperity through Technical Efficiency: A Strategic Plan for […]

FG launches applications for tech startup accelerator programme
News Tech

FG launches applications for tech startup accelerator programme

The federal government, through the National Information Technology Development Agency, has launched applications for a tech startup accelerator Fellowship programme to encourage Nigerians with creative ideas. According to the Agency, the Founder Institute in Abuja is collaborating with them to organise the Fellowship programme. The Fellowship, according to NITDA, aims to promote an entrepreneurial culture […]

FG to review gas polices to promote investment- Minister
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FG to review gas polices to promote investment- Minister

  By Wilson Adekumola The Federal Government has stated its plans to revolutionize the existing policies to favour gas development and attract more investors. According to the Sun, Minister of State for Petroleum Resources Gas, Ekperikpe Ekpo, disclosed this during a meeting with top executives of Shell Petroleum Development Company Nigeria who visited him in […]

FG secures $163m AfDB loan for wheat production
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FG secures $163m AfDB loan for wheat production

    The Nigerian government has secured a loan of $163m from the African Development Bank to boost wheat production. According to Channels, this was disclosed by the Vice president, Senator Kashim Shettima, stated this in Argungu, Kebbi State where he paid a condolence visit to the Argungu Emirate, state government, and the family of […]

FG to enact rules on flight cancellations, delays
News

FG to enact rules on flight cancellations, delays

Bisola David   The Federal Government has declared that it will look into incidents of frequent aircraft cancellations and delays and may consider implementing restrictions on these matters. The Punch reported that according to a statement from the government, the Minister of Aviation and Aerospace Development,  Festus Keyamo, made this disclosure during a recent trip to Lagos’ […]

FG considers reduction of taxes - Tinubu's aide
Economy

FG considers reduction of taxes – Tinubu’s aide

FG working on reducing taxes from 52 to 10— Presidential aide         The Special Assistant to President Bola Tinubu on revenue, Zacch Adedeji, has disclosed that the Federal Government is currently engaged in efforts to decrease the total number of taxes levied in the nation to 10. According to The PUNCH, Adedeji […]

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