The Nigerian Federal Government estimates N880bn yearly for road maintenance, but faces a severe funding gap as the 5% user charge on fuel, meant for FERMA, has never been implemented

Japan’s government finally secured lower house approval for its record 2025 budget on Tuesday after being forced to present revised plans for the first time in almost 30 years. Prime Minister Shigeru Ishiba has headed a minority coalition since leading his conservative Liberal Democratic Party to its worst election result in 15 years in October. This has put the LDP, …

The President/Chairman, Governing Board, Nigerian Council of Registered Insurance Brokers, Bàbàtunde Oguntade, has expressed concerns that the Federal Government is not insuring its assets despite allocations made for insurance premiums. Speaking during a press conference held at the Council’s headquarters in Lagos, Oguntade noted that the Lagos-Calabar Highway and other development projects do not have insurance components and thus are …

The Independent National Electoral Commission (INEC) has come under scrutiny following its request for ₦126 billion for its 2025 operations, a non-election year. INEC Chairman, Prof Mahmood Yakubu, on Friday, said that the umpire would require about N126 billion to fund its activities in 2025 and begin preparation for the 2027 general elections. Mahmood stated this at the National Assembly …

When an American author, Chris Fussell, wrote that “in any bureaucracy, there’s a natural tendency to let the system become an excuse for inaction,” he was not being sarcastic. He wrote with the conviction that stiff bureaucracy, like the Nigerian variant, is stultifying. The recent disclosure by the Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, …