Search Results for: Federal Government

The Nigerian Government has pledged to empower its youths with skills and education to foster innovation, entrepreneurship, and sustainable development for socio-economic progress. This commitment was made by the Minister of Youth Development, Dr. Jamila Bio Ibrahim, at the Ministry’s Management Retreat on Presidential Priorities and Deliverables, themed “Achieving the Eight Presidential Priorities and Deliverables.”…

In a bid to address the glaring absence of governing councils in federal universities nationwide, the Academic Staff Union of Universities (ASUU) has issued a looming ultimatum, warning of a potential nationwide strike. This move comes as a response to what the union perceives as government neglect and disregard for critical matters affecting the nation’s…

The Federal Executive Council convened on May 13th and 14th, 2024, culminating in a series of groundbreaking decisions aimed at propelling Nigeria’s economy forward. At the forefront of the council’s agenda was the approval of initiatives poised to revolutionize the nation’s infrastructure and housing sector through innovative Public-Private Partnerships (PPPs). With an estimated unlocking potential…

The International Monetary Fund (IMF) has advised the Nigerian government to discontinue what it has described as hidden subsidies on fuel and electricity. In a recent report, the IMF warned Nigeria that these subsidies are expected to consume a significant portion of the country’s Gross Domestic Product (GDP) in the upcoming year, highlighting the need…

The Nigerian government has forged a historic alliance with all 36 states and the private sector to uplift the nation into a $1 trillion economy by 2030. The ambitious initiative, formalized through the Aso Accord on Economic and Financial Inclusion, represents a cornerstone of President Bola Tinubu’s Renewed Hope Agenda.This unprecedented agreement symbolizes a shared…

In a recent address, Ondo State Governor Lucky Aiyedatiwa underscored the need for strong collaboration between the federal and state governments to drive economic growth nationwide. He emphasized that a unified effort is crucial for fostering an environment conducive to sustainable development across all sectors. The Governor Lucky Aiyedatiwa’s call resonates with the growing recognition…

In a crucial moment, the National Security Adviser, Nuhu Ribadu, lauds the government’s remarkable achievement in the successful rescue of over 1,000 kidnap victims, exemplifying a resolute stance against ransom extortion. This triumph reflects a concerted effort to safeguard citizens and combat criminality, signaling a strategic pivot towards proactive security measures. By eschewing ransom payments,…

The Federal Government, through the Minister Adegboyega Oyetola, is gearing up to introduce a comprehensive roadmap aimed at rejuvenating the Inland Waterways and Coastal Services sector. Spearheaded by Minister Adegboyega Oyetola, these initiatives signify a crucial step towards harnessing the vast potential of Nigeria’s maritime resources. Set to be unveiled at the Maritime Business Roundtable…

Senator Ali Ndume, a stalwart in Nigerian politics, has voiced strong opposition to the recent surge in electric tariffs, emphasizing its ill-timed imposition. Ali Ndume’s critique comes amidst the country’s ongoing struggle with the aftermath of the removal of fuel subsidies, further exacerbating economic hardships for citizens. In a statement issued on Saturday, Ndume underscored…