Wale Edun, the Minister of Finance, announced that approximately 25 million Nigerians are currently benefitting from various intervention programs initiated by the federal government. During a briefing for the National Economic Council (NEC) at its 145th meeting on Thursday, Edun outlined the scope of these programs, which include digital outreach initiatives, microenterprise loans, and targeted […]
Author archives: Gloria
Court Drama: #EndBadGovernance Protest Suspects Faint During Arraignment
A dramatic scene unfolded on Friday at the Federal High Court in Abuja when several suspects involved in the recent #EndBadGovernance protests fainted during their court appearance. According to reports from Naija News, seventy-five suspects, all aged between twelve and fifteen years, were brought before Justice Obiora Egwuatu on a 10-count charge related to their […]
NAFDAC Warns Against Fake Foula Condoms in Nigeria
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning to Nigerians regarding the illegal sale and distribution of an unregistered brand of condoms known as Foula Condoms. This alert was announced on Thursday after officials from the agency’s Post-Marketing Surveillance directorate identified the condoms in Abakaliki, Ebonyi State, and […]
FG Resolves Civil Servants’ Salary Delays, Assures Prompt Payments
The Federal Government has moved to resolve the salary delays affecting federal civil servants in 12 government ministries, departments, and agencies (MDAs), with payments scheduled to resume today. The delay was linked to budgetary constraints following the recent minimum wage adjustment and the unexpected inclusion of the 40% CONPSS Peculiar Allowance, which was not factored […]
Chadian Military Faces Accusations Over Fatal Airstrike on Nigerian Fishermen
The Chadian military has come under international scrutiny after reports surfaced of an airstrike that unintentionally killed multiple Nigerian fishermen on Tilma Island in Nigeria’s Lake Chad region. The strike, aimed at suspected Boko Haram militants, reportedly mistook fishermen working in the area for insurgents. This incident, reported shortly after a deadly Boko Haram assault […]
NEC Urges Rethink on Tax Reform Bill, Advocates for Decentralized Power Solutions to Stabilize Grid
In a move to ensure stakeholder alignment, the National Economic Council (NEC) has recommended that the federal government withdraw the recently proposed Tax Reform Bill from the National Assembly. NEC’s decision, led by Vice President Kashim Shettima, reflects concerns raised by key stakeholders, including regional leaders, over the bill’s potential economic impact, especially on Value […]
Tinubu to Withdraw Tax Reform Bill Amidst Widespread Opposition
President Bola Ahmed Tinubu’s administration is set to withdraw the Tax Reform Bill presented to the National Assembly two months ago, following significant backlash. The opposition, led by northern governors and traditional rulers, centers on concerns about proposed changes to the Value Added Tax (VAT) distribution, which they believe could disproportionately affect the North’s economic […]
Rivers State Government Debunks Claims of Governor Fubara Shutting Down NNPCL and Oil Companies
The Rivers State government has dismissed as false the circulating claims that Governor Siminalayi Fubara has ordered the shutdown of the Nigerian National Petroleum Company Limited (NNPCL) and other oil companies operating in the state. This clarification follows a social media report alleging that Fubara had issued such a directive. In a statement issued by […]
FG Announces Dollar Deposit Program with No Penalties or Taxes, Grants Nine-Month Window
The Federal Government of Nigeria has introduced a new policy granting Nigerians a nine-month window to deposit dollar bills held outside the formal banking system without facing penalties, taxes, or scrutiny. Speaking after the National Economic Council (NEC) meeting in Abuja, Finance Minister and Coordinating Minister of the Economy, Wale Edun, outlined the policy as […]
EFCC Moves Against Former Governors, Ministers in Corruption Crackdown
The Economic and Financial Crimes Commission (EFCC) has taken decisive legal action against four former governors and two ex-ministers over corruption allegations in the past year under Executive Chairman Ola Olukoyede’s leadership. At a press conference in Abuja, EFCC Director of Public Affairs, Wilson Uwujaren, highlighted the agency’s successes in asset recovery and fraud prevention. […]