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FG Revamps Fraud-plagued Cash Transfer Programme for Immediate Resumption

Federal Government’s Enhanced Cash Transfer Programme to Combat Fraud and Support Vulnerable Groups.   In a bid to address fraud and ensure effective support for vulnerable communities, the Federal Government has overhauled its cash transfer programme, introducing immediate direct payments….

FG to Audit the N22.7 trillion Ways and Means Loan Approved by Former President Buhari

Federal Government Set to Audit N22.7 Trillion Ways and Means Loan Approved Under Former President Buhari’s Administration.   The Federal Government has taken steps to audit the N22.7 trillion Ways and Means loan endorsed during the tenure of former President…

FG Eyes 214% Increase in PPT from Oil Sector in 2024

Nigerian Government Aims for 214% Surge in Oil Sector PPT Revenue in 2024.   The Nigerian Federal Government has set an ambitious goal for 2024, eyeing a remarkable 214% increase in Petroleum Profit Tax (PPT) collections from the oil sector….

Court Orders FG to Fix Prices of Goods, Petroleum Products Within 7 Days

Federal High Court Orders Swift Fixing of Prices for Goods and Petroleum Products.   A landmark ruling by the Federal High Court in Ikoyi, Lagos has directed the federal government to promptly establish price regulations for goods and petroleum products…

FG and CBN Dismiss Allegations of Converting $30 Billion Domiciliary Deposits to Naira

The Federal Government (FG) and the Central Bank of Nigeria (CBN) have categorically denied any plans to convert $30 billion domiciliary deposits into naira, refuting recent reports that suggested such measures were being considered to address the foreign exchange (forex)…

FG to Launch Student Loan Fund Scheme with an Application – Sawyerr

Federal Government Unveils Student Loan Fund Scheme with New Application Process – Dr. Sawyerr.   The Federal Government is gearing up to launch the Nigerian Education Loans Fund through a dedicated application designed for students in tertiary institutions. Dr. Akintunde…

FG to Expand $100m World Bank-funded Women Project to Rural Communities Nationwide

Nigeria for Women Project: Federal Government Expands $100 Million World Bank Initiative to Boost Rural Empowerment. The Federal Government is set to broaden the impact of the Nigeria for Women Project (NFWP) in partnership with the World Bank, aiming to…

FG Plans N35 Billion Local Financing to Revitalize Ajaokuta Steel Plant

In a strategic move to rejuvenate the Ajaokuta Light Steel mill, the Federal Government is set to raise approximately N35 billion through local financing. This announcement was made by the Minister of Steel Development, Mr. Shuaibu Audu, following a crucial…