The National Chairman of the All Progressives Congress (APC), Senator Abdullahi Adamu and the Progressive Governors Forum (PGF) on Sunday called for compliance by the Federal Government to the Supreme Court order on the controversial naira swap policy. The call came on the heels of a meeting between Adamu and the APC governors in Abuja over a policy that seemingly deepens …

President Muhammadu Buhari has approved operational licences for 67 new broadcast outfits, the National Broadcasting Commission (NBC) said on Thursday in Abuja. NBC Director-General, Balarabe Ilelah said:“President Buhari has approved hundreds of broadcast licences; it is a demonstration of his intrinsic democratic values”, Ilelah stated. According to him, 473 broadcast licences were granted under President Buhari’s administration. “The breakdown of …

The Federal Government has accused the rising cost of petrol on the rush by petroleum marketers to make illicit profits from the hardship of Nigerians. Minister of State for Petroleum Resources, Chief Timipre Sylva, who stated this to State House Correspondents after the Federal Executive Council (FEC) meeting presided over by President Muhammadu Buhari, also lamented the hardship the situation had …

The Federal Government said it has commenced the release of funds for the second school term for the National Home-Grown School Feeding Programme. Though the amount disbursed was not revealed, the Federal Government, however, explained that funds for the first cycle of feeding in 2023 are being released to State government-appointed vendors across participating schools. The fund is expected to be used …

The 2022 floods in various parts of Nigeria led to an estimated economic loss of $9.12 billion (N4.2 trillion official exchange rate), the Federal Government announced on Friday. This was revealed after a post-disaster assessment of the 2022 flooding. The report was released in Abuja by the Federal Ministry of Humanitarian Affairs, Disaster Management and Social Development. Presenting the report, …

The Federal Government of Nigeria and the Republic of Niger have entered into a Memorandum of Understanding (MoU) over the Kano-Maradi train line. The MoU was signed by the Minister of Transportation, Mu’azu Jaji Sambo, and the Minister of Transportation of the Republic of Niger, Alma Oumarou, in Abuja Sambo stressed the importance of the Nigeria-Niger Republic rail line, explaining …

The Federal Government has approved N2.3 billion for the local assemblage of Magnus training aircraft. The project will be carried out at the Nigerian College of Aviation Technology (NCAT), Zaria in Kaduna State. The Minister of Aviation, Hadi Sirika in Abuja that the Nigerian aviation industry would soon move into the local manufacturing of aircraft. He said that Nigeria would …

The Federal Government has denied issuing any orders to marketers to raise the pump price of petrol from N180 per litre to N195. This denial was made a day after petrol prices were increased by retailers in response to a memo from the Federal Government-owned NNPC Retails Limited. Despite the hike in rate, the queues are still seen at petrol …

The Federal Government may start a gradual removal of the petrol subsidy from April 2023, about three months ahead of the preliminary schedule to effect a complete stop to the expenditure head. During an interview with Arise TV on the sidelines of the World Economic Forum in Davos, Switzerland, the Minister of Finance, Budget, and National Planning, Mrs Zainab Ahmed …

The National Salaries Incomes and Wages Commission (NSIWC) has said that it has initiated process for the review of the National Minimum Wage. In a statement on Sunday in Abuja, NSIWC’s Head of Public Affairs, Mr Emmanuel Njoku said that, as part of the process to review the minimum wage, which would be due in 2024, the commission had held …