President Bola Ahmed Tinubu has ordered a full review of revenue deductions and retention practices by Nigeria’s major federal revenue-earning agencies. The directive was made public by the Minister of …
Bola Tinubu
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DevelopmentEconomyGovernment PolicyOil & GasPublic Finance
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BusinessFinanceGovernment PolicyInfrastructurePublic Sector
Nigeria Clears Power Sector Arrears with ₦4 Trillion Debt Refinancing Plan
The Federal Government has approved a ₦4 trillion debt refinancing plan for Nigeria’s power sector, a move aimed at clearing long-standing arrears owed to power generation companies and improving electricity …
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President Bola Ahmed Tinubu has set an ambitious goal for Nigeria’s economy, announcing on Wednesday that his administration is targeting 7% annual economic growth by 2027. He said this would …
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AviationBusinessGOVERNMENTTradeTransportationTravel & Tourism
Govt grants Air Tanzania permit to begin direct flights
Nigeria’s Federal Government has officially handed over the Foreign Carrier Operation Permit (FCOP) to Air Tanzania Company Limited, marking a new phase of cooperation between both countries in the aviation …
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EnergyGovernancePoliticsPower SectorRegulation
Tinubu Names Abdullahi Ramat as Acting Head of Electricity Regulatory Commission
President Bola Ahmed Tinubu has nominated 39-year-old Abdullahi Ramat as the new Chairman and Chief Executive Officer of the Nigerian Electricity Regulatory Commission (NERC). The announcement was made in a …
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AgribusinessAgricultureDevelopmentEconomyFood ProductionPolitics
Tinubu Approves N1.5tn Recapitalisation for Bank of Agriculture to Boost Youth
President Bola Ahmed Tinubu has approved the recapitalisation of the Bank of Agriculture (BOA) with N1.5 trillion, in what the federal government has described as the biggest single investment in …
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EconomyEnergyEnvironmentGovernanceInfrastructure
FG Targets 5 Million Homes with Clean Cooking Gas by 2030
The Federal Government has revealed plans to move five million Nigerian homes to clean cooking by the year 2030 through its Liquefied Petroleum Gas (LPG) penetration programme. This was disclosed …
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EconomyEnergyGovernanceInfrastructureNigeriaPolitics
Power Minister Reaffirms Tinubu’s Promise of Stable Electricity
The Minister of Power, Adebayo Adelabu, has again assured Nigerians that President Bola Ahmed Tinubu is determined to deliver steady and uninterrupted electricity supply across the country before the end …
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EconomyGovernanceHungerPoliticsPovertyPublic OpinionSocial Welfare
Peter Obi Slams Tinubu Over False Stats, Hunger Crisis
Former presidential candidate of the Labour Party, Mr. Peter Obi, has openly accused President Bola Ahmed Tinubu of using misleading and false economic statistics to hide the reality of Nigeria’s …
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DevelopmentEconomyFinance & ServicesGOVERNMENTNigeriaPolicies
Nigeria Revenue Service Gets Legal Backing to Borrow Funds, Retain 4% of Non-Oil Revenue Under New Tax Act
The Federal Government has given the newly established Nigeria Revenue Service (NRS) the legal power to borrow funds from any source and retain 4 per cent of the total non-petroleum …