State governments in Nigeria spent a staggering N1.994 trillion on recurrent expenditures in the first nine months of 2024, including refreshments, sitting allowances, travel, and […]
Category: Economy
Economy
Sanwo-Olu Denies Lagos Will Benefit Most from Proposed Tax Reform Bills
Governor Babajide Sanwo-Olu of Lagos State has dismissed allegations that the state stands to gain the most from the proposed tax reform bills, urging Nigerians […]
Fire Razes Bayan Tasha Market in Damaturu, Properties Worth Millions Lost
Traders at the Bayan Tasha market in Damaturu, Yobe State, were left devastated after an early-morning fire destroyed properties worth millions of naira, plunging the […]
Port Harcourt Refinery Resumes Operations After Years of Delays
The Port Harcourt Refinery, a key facility in Nigeria’s oil sector, has officially resumed production, marking a significant milestone after years of stalled rehabilitation, missed […]
House of Reps Divided Over President Tinubu’s $2.2bn Loan Request Amid Rising Debt Concerns
The House of Representatives is set for a heated debate this week over President Bola Tinubu’s request for a $2.2bn (N1.77tn) loan to fund the […]
Sunday Dare Accuses Obasanjo of Damaging Democracy, Defends Tinubu’s Reforms
The Special Adviser to President Bola Tinubu on Public Communication and Orientation, Sunday Dare, has launched a scathing critique of former President Olusegun Obasanjo, accusing […]
FG Personnel Spending to Surge by 60% in 2025 Amid Minimum Wage Implementation
The Federal Government’s expenditure on personnel costs is set to increase by at least 60% in 2025, driven by the implementation of the new national […]
FG, Borno State Collaborate to Upgrade Muhammadu Buhari Airport for International Operations
The Federal Government and Borno State have partnered to upgrade the General Muhammadu Buhari International Airport, Maiduguri, to international standards, with full operations set to […]
Edo Governor Suspends Revenue Collection in Motor Parks, Orders Immediate Compliance
Governor Monday Okpebholo of Edo State has ordered an indefinite suspension of all state revenue collections, particularly in motor parks. This decision, announced in a […]
NNPC Halts Fuel Imports, Sourcing Supply Exclusively from Local Refineries
The Nigerian National Petroleum Company (NNPC) Limited has officially ceased importing refined petroleum products, according to Mele Kyari, NNPC’s Group Chief Executive Officer. Speaking at […]