The Federal Government of Nigeria has approved N4 billion to provide conditional cash transfers to vulnerable households, alongside N2 billion in interest-free loans for rural […]
Tag: Federal Governent
FG Proposes N53bn for Foreign Mission Renovations Amid Growing Financial Challenges
The Federal Government has earmarked N53bn to renovate 103 foreign missions, covering essential needs such as chancery renovations, staff accommodations, official vehicles, and furniture. Significant […]
Nigeria’s Borrowing Soars: Federal Government Faces Debt Sustainability Challenges
The Federal Government of Nigeria is set to exceed its 2024 domestic borrowing target by a staggering 67%, as data reveals borrowing has already hit […]
NYSC Clarifies Corps Members’ Allowance Amid Minimum Wage Increase
The National Youth Service Corps (NYSC) has clarified that any potential increase in corps members’ allowances, following the approval of the new minimum wage of […]
Nigeria Seeks $500M World Bank Loan to Boost Rural Roads and Agriculture
The Federal Government is seeking a $500 million loan from the World Bank to improve rural road infrastructure and agricultural marketing across Nigeria. This initiative […]
Federal Government Anticipates Reduction in Fuel Import Bill as Dangote Refinery Begins PMS Sale
The Federal Government may significantly reduce its N6.2 trillion annual fuel import bill with the imminent start of premium motor spirit (PMS) sales by the […]
Federal Government to Hold Crucial Meeting on Labour Demands Over Electricity Tariff Hike
The Federal Government has announced plans to convene a critical meeting next week to address the demands by organized labour regarding the restoration of the […]
Government to Relocate Correctional Centres for Better Space and Security
Minister of Interior, Dr. Olubunmi Tunji-Ojo, has announced plans to relocate several correctional centres to improve space, security, and infrastructure. The minister made this commitment […]
SSANU Ends Warning Strike: Demands Government Action on Salaries and Agreements
The Senior Staff Association of Nigerian Universities (SSANU) has called off its seven-day warning strike to allow the government more time to address their grievances. […]