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President Bola Tinubu has reaffirmed his decision to remove petrol subsidy, insisting that Nigeria will not return to the policy despite concerns over the economic hardship facing citizens. Tinubu spoke on Monday at an event organised by the City Boy Movement and the Relax-Tinubu-Is-Fixing-Nigeria movement in support of his 2027 re-election bid. He said the country was facing severe financial challenges when he assumed office in May 2023, leaving the […]

The Nigeria Labour Congress (NLC) has maintained its two-week ultimatum to the Federal Government, demanding a reduction in petrol prices and fresh negotiations on the national minimum wage amid rising living costs. NLC President, Joe Ajaero, said on Monday in Abuja that Nigerian workers were still facing severe economic hardship despite the implementation of the N70,000 minimum wage in 2024. He argued that rising food and transportation costs had eroded […]

The Socio-Economic Rights and Accountability Project (SERAP) has sued the Independent National Electoral Commission (INEC) over its alleged failure to account for more than N126.46bn appropriated for electoral operations. The suit, filed at the Federal High Court in Abuja, seeks an order compelling INEC to disclose how the funds were spent, including details of payments, contractors, beneficiaries and the procurement of election materials, equipment and vehicles. SERAP said its action […]

Minister of the Federal Capital Territory, Nyesom Wike, on Sunday met with Rivers State Governor Siminalayi Fubara at the governor’s private residence in Port Harcourt, alongside members of the state House of Assembly and local government chairmen. The meeting is seen as part of ongoing reconciliation efforts between the two political camps following a prolonged rift that divided the state’s political leadership. The delegation included the Speaker of the House […]

Nigeria’s petrol price relief package could cost the country up to N1.77tn, representing 0.4 per cent of its Gross Domestic Product, according to BMI, a research firm owned by Fitch Solutions. In its latest report titled Fuel Discount Mechanism Raises Macro Risks in Nigeria, the firm warned that prolonged implementation of the intervention could worsen the country’s fiscal position, reduce government revenue and put additional pressure on the naira. The […]

The Presidency and Oyo State Governor, Seyi Makinde, have exchanged words over the alleged withholding of Nigeria LNG Limited (NLNG) dividends meant for states and local governments. The Presidency, through the Special Adviser to the President on Information and Strategy, Bayo Onanuga, on Sunday dismissed Makinde’s claim that each state was entitled to N250bn in NLNG dividends, which he alleged would not be paid until after the 2027 general elections. […]

The Federal Government is seeking $78.5bn in private-sector investment to finance 65 projects across key sectors of the Nigerian economy, with the initiative expected to generate an estimated 366,763 jobs. The investment opportunities were presented by the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and the Central Bank of Nigeria Governor, Olayemi Cardoso, at the ongoing IMF-World Bank Annual Meetings in Bangkok. According to the Federal […]

The All Progressives Congress (APC) has expressed confidence in President Bola Tinubu’s record and reforms as it inaugurated its Presidential Campaign Council for the 2027 general election in Abuja on Wednesday. The event, held at the State House Conference Centre, attracted party leaders and political figures from other parties, including Osun State Governor Ademola Adeleke of the Accord Party, Minister of the Federal Capital Territory Nyesom Wike of the Peoples […]

Stakeholders have raised concerns over weak investigation and prosecution of sexual and gender-based violence (SGBV) cases in Kaduna State, warning that poor institutional coordination and inadequate support for survivors are undermining access to justice. The Executive Director of the CLEEN Foundation, Peter Maduoma, stated this at a two-day policy dialogue in Kaduna on gaps in the implementation of the Violence Against Persons (Prohibition) Law. Represented by the foundation’s Senior Finance […]