Tag: FG

Housing

FG unveils integrated housing, agriculture project in Niger

The Federal Government has launched the Sustainable Integrated Productive Communities, a wide-ranging initiative designed to integrate mass housing, agriculture, renewable energy and enterprise development into a single development framework, with the first pilot project scheduled to begin in Niger State. The initiative is aimed at tackling food security challenges, expanding access to affordable housing, promoting […]

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FG allocates ₦42bn for basic healthcare in 2026 budget

The Federal Government has proposed a sum of ₦42.18 billion to provide basic healthcare services for 10 million vulnerable Nigerians, drawn from the ₦2.48 trillion allocated to the health sector in the proposed 2026 budget. The proposed allocation is intended for the procurement of drugs, medical consumables, equipment, laboratory reagents and test kits, with a […]

Helth

FG enforces ‘no-work-no-pay’ policy on striking JOHESU

The Federal Government has directed federal hospitals across the country to immediately enforce a “No Work, No Pay” policy on members of the Joint Health Sector Unions and Assembly of Health Care Professionals participating in the ongoing strike. The government also mandated all federal health institutions to sustain emergency services nationwide despite the continued industrial […]

2023 budget: ASUU threatens strike over unreleased N170bn
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FG, ASUU to sign 40% salary increase agreement Wednesday

The Federal Government is set to formally sign an agreement with the Academic Staff Union of Universities following several weeks of negotiations between both parties. The impending agreement is believed to be connected to the 40 per cent salary increase for academic staff proposed by the Federal Government last month and subsequently accepted by the […]

150,000 Nigerians got FG's N50k grant - Minister
Business

FG, Niger sign MoU for 100,000-hectare mass housing, agricultural project

Ministry of Finance and the Niger State Government have signed a Memorandum of Understanding for a Mass Housing and Agricultural Settlement Project spanning 100,000 hectares of land in the state. The agreement was announced at a signing ceremony held on Friday at the Ministry of Finance headquarters in Abuja, according to Nairametrics. The project will […]

Business

FG allocates N6.04bn on salaries for idle Ajaokuta Steel Complex

The Federal Government plans to spend N6.04 billion on personnel costs for Ajaokuta Steel Company Limited in the 2026 fiscal year, despite the steel complex remaining non-operational more than 40 years after its inception. In the 2026 Appropriation Bill, the company was allocated a total of N6.69 billion for the year, with personnel expenses alone […]

Finance

FG allocates N1.8tn from 2026 budget for unpaid contractors

The Federal Government has made provisions to settle outstanding debts owed to contractors for capital projects executed in 2024, earmarking N1.7tn for the purpose in the proposed 2026 Appropriation Bill. A detailed breakdown of the 2026 national budget shows that the allocation is listed under a specific line item titled Provision for 2024 Outstanding Contractor’s […]

News

FG allocates N2.3bn for ex-presidents in 2026 budget

The Federal Government has allocated N2.3 billion in the 2026 budget for the payment of benefits and entitlements to Nigeria’s former presidents, heads of state, and their deputies. The 2026 Appropriation Bill, this funding falls under the line item titled “Entitlements of former Presidents/Heads of State and Vice Presidents/Chiefs of General Staff,” according to Nairameteics. […]

Aviation

FG cancels sale of FAAN staff quarters nationwide

The Federal Government has nullified the sale of staff quarters belonging to the Federal Airports Authority of Nigeria. Vanguard reported that the decision affects both retired and serving FAAN personnel who had purchased their official residences under the owner-occupier arrangement. The Minister of Aviation and Aerospace Development, Festus Keyamo, announced the development on Wednesday in […]

Business

FG insists re-enactment of 2024, 2025 appropriations is constitutional

The Federal Government on Wednesday defended the re-enactment of the 2024 and 2025 Appropriation Acts, rejecting allegations of constitutional violations and fiscal impropriety. This comes despite the accountability group BudgIT’s assertion that operating overlapping national budgets constitutes a fiscal anomaly that undermines transparency and sound financial management. In a statement issued Wednesday, the Director-General of […]

Business

Investor confidence drives $14bn FDI, portfolio inflows into Nigeria – FG

Nigeria drew almost $14 billion in combined foreign portfolio and direct investments in the first nine months of 2025, buoyed by renewed investor confidence and sweeping economic and investment reforms, the Federal Government has said. The Federal Ministry of Industry, Trade and Investment disclosed on Tuesday that the inflows exceeded the total foreign investment recorded […]

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FG targets private investment for economic expansion

The Federal Government has announced a strategic shift from direct economic intervention to a capital de-risking and private sector-driven growth framework under its 2026 Growth Acceleration and Investment Mobilisation Strategy. The new policy direction was disclosed in a statement issued by the Minister of State for Finance, Dr Doris Uzoka-Anite, who explained that the strategy […]