FG Moves to End Multiple Fees, Overlapping Regulations
By Oluwakemi Kindness The Federal Government is moving to eliminate duplicate regulatory requirements, multiple fees and unnecessary procedures imposed on businesses by government agencies in a bid to reduce operating costs and attract investment. Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, announced the plan during a meeting with heads of agencies […]
NSDC Shifts Focus to Farmers, Seeds in Sugar Production Drive
By Oluwakemi Kindness Nigeria is targeting 11,000 hectares of sugarcane cultivation around existing mills This is as the National Sugar Development Council moves to address shortages of planting materials, limited farmer participation and weak agronomic capacity in the sugar industry. The Executive Secretary of the council, Kamar Bakrin, outlined the measures as part of efforts […]
Fitch Revises Nigeria’s Outlook to Positive on Reforms
By Oluwakemi Kindness Fitch Ratings has revised Nigeria’s credit outlook to Positive from Stable, citing stronger foreign reserves, moderating inflation and sustained economic reforms. The agency retained Nigeria’s long-term credit rating at ‘B’, saying further improvements will depend on continued progress. The Federal Ministry of Finance announced the decision in a statement signed by Minister […]
Centre LSD Pushes Accountability for Male Allies
By Benjamin Ubiri The African Centre for Leadership, Strategy & Development (Centre LSD) is training women’s rights organisations to establish accountability measures for male allies and ensure their involvement in gender advocacy strengthens women’s leadership. The two-day workshop, which opened in Abuja, is organised through the Centre’s Male Feminists Network (MFN) Project, with support from […]
Climate Change Threatens Nigerian Children’s Education
By Halima Adisa Save the Children International SCI, is pushing for Nigerian children’s concerns about extreme heat, flooding and food insecurity to shape the country’s position at the November 2026 United Nations Climate Change Conference, COP31. The organisation says climate-related hazards are disrupting children’s education, threatening their health and worsening food insecurity, with some pupils […]
YPP Faults FG’s 30-Day Fuel Price Cut as Political Gesture
By Anayo Akwitti The Young Progressives Party (YPP) has criticised the Federal Government’s 30-day fuel price reduction, describing it as a temporary political gesture that fails to address the underlying causes of Nigeria’s economic hardship. In a statement signed by its National Publicity Secretary, Comrade Egbeola Wale Martins, the party said the intervention offered only […]
CBN Targets Long-Term Investment Through Stronger Asia Links
By Oluwakemi Kindness The Central Bank of Nigeria (CBN) is seeking stronger financial ties with Asian markets to attract sustained investment and deepen Nigeria’s access to international capital. CBN Governor Olayemi Cardoso stated this at the Nigeria–Asia Financial Connectivity Dialogue in Singapore, where he said the country’s financial reforms were laying the foundation for deeper […]
FG Targets 21% Debt-Service-to-Revenue Ratio by 2030
By Oluwakemi Kindness The Federal Government is targeting a reduction in its debt-service-to-revenue ratio from 62.93 per cent in 2025 to 21.01 per cent by 2030 under its proposed National Development Plan (NDP) 2026–2030. The Minister of State for Budget and Economic Planning, Dr Doris Uzoka-Anite, disclosed this on Thursday in her keynote address at […]
NLC Gives FG Two Weeks to Cut Petrol Prices, Review Wages
By Chinedu Echianu The Nigeria Labour Congress (NLC) has given the Federal Government a two-week ultimatum to reduce petrol prices, commence renegotiation of the national minimum wage and implement outstanding agreements with health and public sector workers. The ultimatum, which takes effect from Friday, October 9, 2026, also covers the implementation of the Terms of […]
FG Offers 30-Day Petrol Discount at NNPC Stations
By Oluwakemi Kindness The Federal Government has announced a 30-day margin discount on petrol sold at NNPC Limited stations nationwide, with public transport operators to receive priority under the arrangement. The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, announced the measure on Thursday in Abuja at a news briefing on fuel […]