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Here are some of the highlights of the far reaching decisions taken today at the Federal Executive Council meeting, chaired by President Bola Ahmed Tinubu. 1. FEC approved construction of Lagos-Port Harcourt-Calabar Coastal Superhighway to Messrs Hitech Construction Africa. The First phase made up of 47 kms will begin in Lagos. 2. Social security payments to the vulnerable households to ... Read More »

The Federal Executive Council (FEC), on Monday, February 26, approved the adoption of the Orosanye Report, aimed at the reduction of cost of governance, for implementation. Minister of Information and National Orientation, Mohammed Idris, disclosed this to journalists during a media briefing after the FEC meeting, which was presided over by President Bola Tinubu. According to Idris, the adoption of ... Read More »

…Pressure mounts on NLC over planned protests Political leaders, pan-ethnic organisations and civil society groups yesterday mounted pressure on the Nigeria Labour Congress (NLC) to shelve its proposed protest over the rising cost of living. The two-day protest is billed for tomorrow and Wednesday. Pan-Yoruba socio-political organisation, Afenifere; Lagos People’s Assembly (LPA) and Arewa Think-Tank cautioned against blackmailing President Bola ... Read More »

In keeping with his commitment to the tenets of checks and balances and separation of powers emphasized by the Renewed Hope administration of the President of Nigeria,*His Excellency, President Asiwaju Bola Ahmed Tinubu GCFR* the Honourable Minister of Works, *His Excellency Sen Engr Nweze David Umahi CON* led the critical departments of his Ministry to honour the invitation of the ... Read More »

The Tinubu administration through the Federal Ministry of Agriculture and Food Security is in the final stages of releasing 42,000 metric tonnes of assorted food commodities to support the vulnerable population across the country. The grains in seven locations of strategic reserve, are now being bagged for onward delivery to the National Emergency Management Agency (NEMA). The need to bag ... Read More »

The presidency has debunked reports that the Government of Qatar ‘snubbed’ President Bola Tinubu on plans to embark on a state visit to the country. A correspondence between the Embassy of the State of Qatar in Abuja and the Nigerian Federal Ministry of Foreign Affairs, about state of preparedness for a business sidelines meeting, had been leaked to the public ... Read More »

In keeping with the initiative to think outside the box in rejiging the nation’s economy by the Renewed Hope administration of the President of Nigeria, *His Excellency President Asiwaju Bola Ahmed Tinubu GCFR*, the Honourable Minister of Works, *His Excellency, Sen. Engr. Nweze David Umahi CON* has finalized discussions with investors from Netherland to attract a grant of 25 million ... Read More »

See details: I chanced on an X post Tuesday night by one Brother Bernard @Mikael C Bernard who railed against what he called the order of the EFCC, NSA on Finance to set a cap on traders selling USD tokens for Naira equivalent. He disclosed that token sellers have migrated to Telegram and were selling Naira at N1850 and above. ... Read More »

The Nigeria Customs Service, NCS, will today commence the sale of seized bags of rice to the public at the rate of N10,000 per 25kg . Disclosing this to newsmen in Lagos, Comptroller General of the NCS, Mr. Adewale Adeniyi, said the process for the sale of the food items has been perfected such that a form with all the ... Read More »

A total revenue of N2.068 trillion was collected in the month of January 2024 into the Federation Account. Deductions for cost of collection was N78.412 billion with total transfers, interventions and refunds N639.926 billion and savings N200.000 billion. As a result of the deductions from the total revenue, the Federation Account Allocation Committee (FAAC) shared N1.149 trillion from the January ... Read More »