Tag: FG

FG opens applications for Girls in ICT competition
Business

FG launches $2bn digital economy research cluster

The federal government has unveiled a $2 billion digital economy research cluster aimed at driving academic innovation. The Minister of Communications, Innovation and Digital Economy, Dr. Bosun Tijani, made this disclosure during the launch of the Digital Economy Research Clusters in Abuja. This initiative is a flagship component of Project BRIDGE (Building Resilient Digital Infrastructure […]

Business

FG raises gas price for power generation to $2.18/MMBTU

Nigeria’s fiscal burden from power sector subsidies is set to rise after the Federal Government, via the Nigerian Midstream and Downstream Petroleum Regulatory Authority, raised the price of natural gas for electricity generation to $2.18 per million British thermal units. The NMDPRA confirmed the adjustment in a public statement signed by its Chief Executive, Saidu […]

Telecommunications

FG to install 1,000 telecom towers in rural areas

The Federal Government has said it will deliver at least 1,000 telecommunications towers to rural communities in 2026 as part of efforts to expand digital connectivity and bridge access gaps across the country. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this on Tuesday in Abuja during a press briefing on the […]

Business

FG unveils report to boost MSME access to $3.5tn AfCFTA market

The Federal Government of Nigeria has unveiled a report titled “Cross-Border Digital Payments and Identity in Nigeria under the AfCFTA”, designed to help Micro, Small, and Medium Enterprises tap into the $3.5 trillion African Continental Free Trade Area market. According to a statement by Stanley Nkwocha, Senior Special Assistant to the President on Media & […]

Helth

FG partners SON, NAFDAC to battle counterfeit, substandard goods

The Federal Government has formalised a major agreement to deploy the Products Authentication and Tracking System, in a decisive move to tackle counterfeit and substandard goods and restore confidence in Nigeria’s markets. According to a statement by the ministry on Thursday, the agreement was signed in Abuja under a Public-Private Partnership arrangement, bringing together the […]

Business

FG to begin Lagos port upgrades in Q2 2026

The federal government has announced that upgrades to Lagos’ Apapa and Tin Can Island ports will begin in the second quarter of 2026 and are expected to be completed within 48 months. On March 19, Nigeria and the United Kingdom signed a £746 million export finance agreement to support the redevelopment of the two key […]

Business

FG unveils N12bn research scheme to drive digital economy policies

The Federal Government has called for expressions of interest under the National Digital Economy Research Clusters, a N12 billion funding initiative aimed at boosting research and strengthening evidence-based policymaking across Nigeria. The Minister of Communications, Innovation and Digital Economy, Bosun Tijani, disclosed this in a statement issued on Saturday. In line with this, the Ministry […]

Electricity featured

FG, GenCos clash over ₦6tn power debt reconciliation

The Federal Government and power generation companies have disagreed over the reconciliation of debts in Nigeria’s electricity market, with both sides offering differing accounts of the actual liabilities owed to the GenCos. The Minister of Power, Adebayo Adelabu, said the actual debt owed to generation companies may be significantly lower than widely reported, as ongoing […]

Business

FG launches major reform to revamp Nigeria’s cooperative sector

The Federal Government has unveiled a comprehensive reform plan aimed at repositioning Nigeria’s cooperative sector, including proposals to establish a cooperative bank and introduce a nationwide digital registry system. Speaking on Thursday at the 8th National Council on Cooperative Affairs in Abuja, the Minister of State for Agriculture and Food Security, Aliyu Abdullahi, said the […]

Business

FG approves partial settlement of N150bn contractors’ debt

The Federal Government has agreed to pay 35 percent of the N150 billion owed to indigenous contractors upfront, in a move aimed at resolving outstanding payment disputes. The President of the All Indigenous Contractors Association of Nigeria, Mr. Jackson Nwosu, confirmed the development after a meeting with the Minister of Finance, Mr. Wale Edun, according […]

Economy

FG launches OHOPRS to lift 50m Nigerians from poverty by 2030

The Minister of Humanitarian Affairs and Poverty Reduction, Dr. Bernard Doro, has inaugurated the “One Humanitarian-One Poverty Response System”, aimed at lifting 50 million Nigerians out of poverty by 2030. Doro unveiled the initiative at a National Technical Workshop for stakeholders in the humanitarian sector at the UN House in Abuja on Tuesday. The minister […]

Helth

FG injects $346m to end HIV, TB, malaria by 2030

Nigeria is ramping up efforts to eliminate tuberculosis, Tuberculosis, and HIV as public health threats by 2030. This will involve a bold shift toward domestic financing and the rollout of cutting-edge prevention tools. The Coordinating Minister of Health and Social Welfare, Prof. Muhammad Ali Pate, has said this. Speaking at the 2026 World TB Day […]