FG halts implementation of 15% import duty on petrol, diesel
The Federal Government has suspended the planned 15% import duty on petrol and diesel, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) announced on Thursday. In a statement by…
FG approves Carbon Market Framework, eyes $3bn yearly
…..As Tinubu sets agenda for Nigeria’s participation in COP 30, Brazil The Federal Government has approved the adoption of a National Carbon Market Framework, operationalization of the Climate Change Fund,…
FG backs Commonwealth initiative to expand trade ties
Barbara Bako, Abuja. The Federal Government has thrown its weight behind a renewed Commonwealth initiative aimed at strengthening trade ties and boosting economic resilience across member countries. Minister of State…
Nigeria sets new record as FAAC shares N2.22trn in August
The Federation Account Allocation Committee (FAAC) has shared an unprecedented N2.225 trillion among the three tiers of government and statutory recipients for August 2025, setting a new record in revenue…
ONSA refutes El-Rufai, highlights military gains against bandits
The Office of the National Security Adviser (ONSA) has dismissed as false and baseless claims by former Kaduna State governor, Nasir El-Rufai, that the federal government is paying and feeding…
FG, States, LGs share N2trn July revenue
Barbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion as federation revenue for July 2025 among the Federal Government, States, and Local Government…
FAAC: FG, States, LGs share N2trn July revenue
Barbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has shared a total of N2.001 trillion as federation revenue for July 2025 among the Federal Government, States, and Local Government…
FG welcomes $20m PepsiCo-DP world investment in Lagos
Barbara Bako, Abuja Nigeria’s push for private sector–led growth got a boost yesterday as PepsiCo and global logistics firm DP World commissioned a $20m production facility in Lagos. The new…
FG halts creation of new tertiary institutions for seven years
The Federal Government has announced a seven-year suspension on establishing new federal universities, polytechnics, and colleges of education, citing overstretched resources, under-utilised facilities, and declining academic standards. The decision was…
FG moves to end contracts award without funds
….Targets smarter capital spendingBarbara Bako, Abuja. The Federal Government has declared a new era of fiscal discipline in capital project execution, warning Ministries, Departments, and Agencies (MDAs) against awarding contracts…














