Nigeria Breaking News
The Federal Ministry of Humanitarian Affairs and Poverty Reduction has described as fake the purported Federal Government’s N50,000 Child Support Grant for all Nigerian Parents trending on social media. Mrs Rhoda Iliya, the Director of Information in the ministry, in a statement on Saturday in Abuja described the information as fake. The statement cautioned parents …
The Minister of Foreign Affairs, Amb. Yusuf Tuggar, has advocated for Africa’s permanent membership on the UN Security Council, emphasising Nigeria’s suitability to represent the continent in the global body. This position was made in a statement by Alkasim Abdulkadir, Special Assistant on Media and Communication Strategy to the minister, on Wednesday in Abuja. Tuggar …
ABUJA — THE Nigeria Labour Congress, NLC, has berated the Federal Government over the 50 per cent telecom tariff hike, tagging it as an additional burden too heavy to bear by the suffering masses. President of the NLC, Comrade Joe Ajaero in a statement on Wednesday, decried the hike, stressing that the Federal Government’s recent approval, …
Festus Keyamo, Nigeria’s Minister of Aviation and Aerospace Development, has disclosed the Federal Government’s plan to establish an aircraft manufacturing firm in the country. Keyamo made this known at the launch of XeJet’s Maintenance, Repair and Overhaul, MRO, facility, and flight support center in Abuja. He said the aircraft manufacturing firm is a collaboration between …
The Minister of Aviation and Aerospace Development, Mr Festus Keyamo, says the Federal Government will not accept the N532 billion contract variation requested for by the contractors handling the Abuja International Airport second runway. Keyamo stated this when he appeared before the National Assembly Joint Committee on Aviation to defend the ministry’s 2025 budget. He …
The Office of the Accountant General of the Federation, OAGF, has released N22 billion to partially settle unpaid accrued pension rights for retirees of Federal Government Treasury-funded Ministries, Departments, and Agencies (MDAs) under the Contributory Pension Scheme, CPS. According to the National Pension Commission, PenCom, the payment is part of the 2024 Appropriation for the period …
Third Mainland Bridge SHARE THAT The Federal Government has dismissed rumors circulating on social media claiming that the Third Mainland Bridge in Lagos is shaking and unsafe for use, describing the claims as baseless and malicious. The rumors, which surfaced on platforms like WhatsApp and Facebook, alleged that a section of the bridge had opened up and was …
The Federal Government has responded to remarks made by Muhammadu Sanusi II, Emir of Kano and former Governor of the Central Bank of Nigeria (CBN), regarding the economic reforms introduced by President Bola Ahmed Tinubu’s administration. Sanusi, speaking during the 21st Gani Fawehinmi Memorial Lecture in Lagos on Wednesday, stated that he would withhold economic advice from the government, citing …
The International Monetary Fund’s recent proposal to the Nigerian government, suggesting tax hikes as a means to finance the national budget and pay off public debts, has sent shockwaves through the Nigerian business community and consumer groups. In response, a formidable alliance of businesses and entrepreneurs in Nigeria is pushing back, recognizing the threat the …
Nigeria’s import dependent port system is presently challenged by unpredictable exchange rate regime that has caused a sharp decline in trade with attendant threats on the economy. This has led to reduced commercial activities causing loss of jobs and setbacks on many fronts Recently, the Presidential Committee on Fiscal Policy and Tax Reforms has recommended …