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FG, ASUU sign new agreement, approve 40% pay rise for varsity lecturers

The Federal Government has unveiled a renegotiated agreement with the Academic Staff Union of Universities (ASUU), describing it as a major step towards restoring stability, trust and quality in Nigeria’s tertiary education system. The Minister of Education, Dr. Tunji Alausa, made this known at the presentation of the agreement in Abuja on Wednesday, saying it […]

FG opens selection process for five Permanent Secretaries

The Office of the Head of the Civil Service of the Federation (HCSF) has commenced the process of appointing five Permanent Secretaries, following the approval of President Bola Tinubu. The vacancies include two positions arising from the recent retirement of Permanent Secretaries from Imo State and the Federal Capital Territory (FCT), as well as three […]

Shettima: FG Will Create Conducive Environment for $1 Trillion Economy

Vice-President Kashim Shettima has reaffirmed the Federal Government’s commitment to creating a more enabling environment for investors and leveraging the industrial revolution to achieve its proposed $1 trillion economy. Speaking at the 2025 Ota Investment Summit and Trade Fair on Tuesday, the Vice-President, represented by his Special Adviser on Economic Affairs, Dr Tope Fasua, stated […]

FG Moves to Tackle ₦4 Trillion Debt Owed Gencos

The Federal Government has commenced negotiations with power Generation Companies (Gencos) to outline a repayment plan for the ₦4 trillion debt owed to them. This was disclosed in a statement by Bolaji Tunji, Special Adviser on Strategic Communications and Media Relations to the Minister of Power, Chief Adebayo Adelabu. Adelabu met with the Chairmen of […]

FG Raises Flood Alarm: 15 Million Nigerians at Risk in 2025

At least 15 million Nigerians are at risk of flood-related disasters in 2025, Vice President Kashim Shettima has warned. Speaking on Wednesday at the launch of a one-day Validation Workshop on the Anticipatory Action Framework for Nigeria, held at the National Counter-Terrorism Centre in Abuja, the Vice President emphasised the Federal Government’s shift from reactive […]

Back on Track: FG Revives Naira-for-Crude to Boost Local Refining

The Federal Executive Council (FEC) has ordered the immediate and full implementation of the Naira-for-Crude initiative, reaffirming it as a strategic policy directive to support local refining and reduce foreign exchange dependence. The initiative, which had been suspended under the previous leadership of the Nigerian National Petroleum Company Limited (NNPCL), is now back in effect, […]

VAT Allocation Formula Fails Fairness Test, Says Adedeji

Dr. Zacch Adedeji, Chairman of the Federal Inland Revenue Service (FIRS), has criticised the existing Value Added Tax (VAT) allocation formula, describing it as unjust to the majority of Nigerian states. According to Adedeji, Lagos alone received 42% of VAT proceeds in October, with Rivers, Oyo, and the Federal Capital Territory (FCT) taking 16%, 5.2%, […]

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