The Federal government yesterday approved a N250 billion real estate investment fund aimed at providing affordable, long-term mortgages to Nigerians. The approval, the government explained, was part of the efforts to tackle Nigeria’s severe housing deficit and stimulate long-term economic growth. This was disclosed by the Minister of Finance, Wale Edun, while briefing State House correspondents at the end of …

The Nigerian Civil Aviation Authority, NCAA, has barred licensed flight crew members from operating multiple airlines. A circular dated 6 November, 2024, and signed by the acting Director-General of NCAA, Capt. Chris Najomo, said its “surveillance reports revealed that flight crew members use their privilege simulators and proficiency checks to operate for more than one airline.” Najomo also stated that …

The federal government has called on local and international investors to tap into the country’s sugar market estimated at $2 billion. Executive Secretary and CEO of the National Sugar Development Council (NSDC), Kamar Bakrin, who made the call, noted that Nigeria’s annual sugar consumption is about 1.4 to 1.6 million metric tonnes. Bakrin said that NSDC is embarking on the …

Beneficiaries of Micro, Small and Medium Enterprises (MSMEs) grants and loans provided by the President Bola Tinubu-led administration have declared that the scheme is not a fraud. Those who got the Presidential Nano-business grant of N50,000 noted that the scheme “is never a scam but real, with seamless protocol that made the grant access easy. They disclosed this during a …

The federal government plans to extend the National Emergency Medical Services and Ambulance System to include Kaduna State’s Ministry of Health, aiming to bring doorstep ambulance services to rural communities. This was announced by the National Programme Manager of the emergency system, Dr. Saidu Ahmed, during a stakeholder workshop in Kaduna focused on implementing Rural Ambulance and Transportation Services. Dr …

The Coordinating Minister of Health and Social Welfare, Prof Muhammad Pate, on Thursday, announced free Cesarean Sections for Nigerian women. Pate announced this at the ongoing three-day Nigeria Health Sector-Wide Joint Annual Review, in Abuja, when he launched the “Maternal Mortality Reduction Innovation Initiative”. The initiative is an ambitious commitment to reducing maternal and newborn mortality across Nigeria. A tweet …

The Federal Government has commenced the recruitment of 819 young Nigerians to be trained as tractor operators and mechanics, aiming to boost mechanised farming and strengthen food security across the country. This initiative was disclosed by the Permanent Secretary of the Federal Ministry of Agriculture and Food Security, Temitope Fashedemi, at a two-day workshop in Abuja focused on drafting the …

The Federal Government, through the Presidential Enabling Business Environment Council, has announced the launch of its much-anticipated Subnational Tour. The initiative, set to begin on 12th November in Katsina State, is designed to strengthen the Ease of Doing Business reforms at the state level, involving key collaborations between government bodies, the private sector, and international partners. According to a statement …

The Federal Ministry of Works has directed Julius Berger, the contractor handling Section One rehabilitation of the Abuja-Kaduna-Zaria-Kano Dual Carriageway, to evacuate the project site. This followed a 14-day final termination notice issued to the company on Monday, dismissing any possibility of further negotiations. The ministry said the termination was based on non-compliance with the reviewed cost, scope, and terms, …

The Federal Government has released funds for the payment of withheld salaries to the Non-Academic Staff Union of Federal Universities (NASU). This is a conciliatory step by the federal government in addressing longstanding salary arrears and supporting federal university staff, some of whom have embarked on strike. The announcement came from the Office of the Accountant General of the Federation …