FG Releases ₦38.93bn to 166 Tertiary Institutions for Infrastructure
By Oluwakemi Kindness The Federal Government has allocated ₦38.93 billion to 166 public tertiary institutions across Nigeria to tackle infrastructure deficits and improve teaching and learning facilities. The Federal Ministry of Finance disclosed this in a statement on Sunday, noting that the funds were disbursed under the Needs Assessment Revitalisation Fund. The allocation covers 79 […]
NAICOM Urges Insurers to Help Finance Nigeria’s Infrastructure
By Oluwakemi Kindness The National Insurance Commission (NAICOM) has urged insurers to support Nigeria’s infrastructure development through pooled funds, infrastructure bonds and risk guarantees. The Commissioner for Insurance, Olusegun Ayo Omosehin, made the call on Wednesday at the 2026 National Insurance Brokers Conference in Abuja. According to him, the country cannot bridge its infrastructure gap […]
Nigeria, AfDB to Review Projects, Tackle Delivery Delays
By Oluwakemi Kindness Nigeria and the African Development Bank (AfDB) have agreed to review the Bank’s project portfolio in the country to identify implementation bottlenecks and accelerate delivery. The Federal Ministry of Finance disclosed this in a statement following a meeting between the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, and […]