Senate Passes 2024-2026 MTEF/FSP

The Nigerian Senate has on Wednesday passed the medium-term expenditure framework and Fiscal Strategy Paper (MTEF/FSP), for 2024-2026, a set of assumptions that will be used to prepare the country’s budget over the next three years. The Upper Chamber approved the document with a borrowing plan of 7.8 trillion naira for 2024, 9trillion naira deficit […]

Senate Asks FCT Minister To Revisit CCTV Project In Abuja

Worried by the heightened rates of kidnappings in the nation’s capital, the Senate has called on the FCT Minister, Nyesome Wike, to revisit the failed $500m contract awarded in 2009 for the installation of CCTV cameras in Abuja and its environs. The Senate also wants the executive to install CCTV cameras in strategic locations in […]

FG Moves To Address Nigeria’s Global Performance Lag

In a bid to drive the goals of the Human Capital Development (HCD) programme of the federal government, Vice President Kashim Shettima on Monday approved the constitution of a multi-sectoral committee. Vice-President Kashim Shettima in a meeting with members of the private sector including the Chairman of the Dangote Group, Mr Aliko Dangote, World Bank […]

Nigeria’s President Reiterates Commitment to Creating Conducive Business Environment for Investors

Nigeria’s President Reiterates Commitment to Creating Conducive Business Environment for Investors Nigeria’s President, Bola Ahmed Tinubu has reiterated his administration’s commitment to attract investments that will propel the nation on a critical path to success. President Tinubu stated this in Berlin, Germany today at a panel discussion at the ongoing G20 Compact with Africa Summit, […]

NIGERIA-GERMANY SIGNS $500M RENEWABLE ENERGY PACT AND GAS EXPORT AGREEMENT

As part of efforts to boost Foreign Direct investment for the development of the nation, the Nigeria Government and its German counterpart signed two Memoranda of Understanding (MoU), bordering on the supply of gas from Nigeria to Germany and another for $500 million worth of renewable energy projects in Nigeria. Speaking in Berlin, Germany, at […]

Senate in rowdy session over emergence of New Senate Minority Leaders

Senate in rowdy session over emergence of New Senate Minority Leaders =The Senate today announced Senator Abba Morro, of the opposition Peoples Democratic Party (PDP), as the new minority leader.  The Senate President, Godswill Akpabio announced this during plenary, as Senator Morro from Benue state, replaces Sen. Simon Nwadkwon representing Plateau North under the Platform […]

PRESIDENT TINUBU SAYS ACCURATE POPULATION DATA ESSENTIAL FOR TAILORED SOLUTIONS TO THE NATION’S CHALLENGES

President Bola Ahmed Tinubu today launched the Electronic Civil Registration and Vital Statistics System (e-CRVS), alongside the National Geospatial Data Repository and the National Coordination Committee on CRVS. This launch, realized through the collaboration of the National Population Commission (NPC), UNICEF, and Barnksforte Technologies Limited, marks a decisive step toward enhancing Nigeria’s civil registration and […]

MTEF/FSP: Senate President Seeks Sack of Absentee Heads of MDAs at Public Hearing

President of the Senate, Godswill Akpabio has said Ministries, Departments and Agencies (MDAs) that fail to appear to defend their inputs in the 2024-2026 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) risk being sacked by President Bola Tinubu. The Senate President gave the warning at the opening of a 5-day public hearing […]