President Bola Tinubu has presented the 2025 national budget, totaling N47.96 trillion, to the National Assembly. This budget, themed the “Budget of Restoration: Securing Peace and Rebuilding Prosperity,” aims to address key areas such as defence, infrastructure, health, and education. In his address, President Tinubu emphasized the importance of collective effort in rewriting Nigeria’s narrative. Read More…
The Nigerian government has unveiled its Medium Term Expenditure Framework (MTEF) for 2025-2027, proposing a total expenditure of ₦47.9 trillion for the 2025 fiscal year. This ambitious plan aims to drive economic growth and development across various sectors. The MTEF includes several critical assumptions and projections: The MTEF is a crucial document that outlines the government’s fiscal Read More…
On Sunday, November 3, 2024, tensions escalated during a public engagement in Victoria Island when Minister of Works, David Umahi, ordered security personnel to remove a woman protesting the demolition of her property. The woman, who identified herself as a supporter of President Bola Tinubu, claimed her houses were demolished despite having the necessary certificates Read More…
In a bid to boost local businesses and food production, Ikorodu Local Government Chairman, Mr. Wasiu Adesina, has announced plans to collaborate with the Lagos State Employment Trust Fund (LSETF) to roll out N30 million in soft loans for farmers and traders in the state. Adesina made this commitment during the flag-off ceremony for the Read More…
Nigerians residing in New York have reiterated their appeal to the Federal Government to furnish the Nigeria Consulate with passport production printers, aiming to streamline passport services in the United States. The call was reiterated during a virtual 12th Town Hall Meeting organised by the Consulate to engage with the Nigerian community within its jurisdiction, Read More…
The Minister of Power, Mr. Adebayo Adelabu, has reaffirmed the commitment of his ministry to prioritise electricity supply in Nigeria throughout 2024, aligning with President Bola Tinubu’s agenda for a transformative shift in the country’s power sector. According to Mr. Bolaji Tunji, Special Adviser, Communication, and Strategy to the Minister of Power, Adelabu emphasised the Read More…
By Rukayat Moisemhe, News Agency of Nigeria (NAN) Some Stakeholders in the manufacturing sector say Nigeria needs a specific blueprint to critically address the impact of inflationary pressures on all economic activities in the country. According to the World Economic Forum’s Global Risks Report 2023, the world’s top current risks are energy, food, inflation, and Read More…
Governor Babajide Sanwo-Olu of Lagos State outlined the state’s ambitious financial needs, aiming for a staggering ₦7 trillion budget to address infrastructural gaps and essential amenities in the forthcoming fiscal year 2024. During the eighth Lagos Corporate Assembly, themed “BOS Meets with Business Community,” held at Lagos House, Ikeja, Governor Sanwo-Olu underscored the pressing need Read More…
The Nigeria Conservation Foundation (NCF) joined hands with Catalysts Integrated Developing Agro Company (CIDAC) International Ventures, introducing a captivating Eco-Food Tourism venture at the Lekki Conservation Centre in Lagos. Dr. Joseph Onoja, the Director-General of NCF, highlighted the essence of the event, stating, “The Eco and Food Tourism is an event that showcases the culinary Read More…
Governor Babajide Sanwo-Olu has reaffirmed Lagos State’s dedication to harnessing technology for sustainable solutions to indigenous challenges. Speaking at the Endeavor Nigeria’s Annual Scale Up Entrepreneurship Summit in Victoria Island, the governor emphasized technology’s role in ensuring food security, efficient transportation, quality healthcare, and education. Sanwo-Olu highlighted the government’s initiatives, emphasizing the importance of infrastructure Read More…
