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Nigeria has moved to take its long running grievance over attacks on its citizens in South Africa to the highest political table on the continent, announcing that it will join Ghana to place the matter before the next session of the African Union Assembly of Heads of State and Government. The decision, disclosed by…
The Independent Corrupt Practices and other related offences Commission has turned its searchlight on Osun State, opening a fresh round of checks on more than N1 billion worth of federally funded projects, a move that places the state inside one of Nigeria’s largest and least understood accountability exercises. The commission’s tracking team lead, Mrs…
Federal allocations alone cannot deliver prosperity to Nigeria’s 36 states, the Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has said, urging subnational governments to build their own revenue base even as the opposition demanded a full account of the money freed by three years of economic reform. Oyedele spoke at…
Two of Nigeria’s biggest fuel marketing bodies have thrown their weight behind President Bola Tinubu’s pledge to revive the country’s state owned refineries, rejecting former President Olusegun Obasanjo’s verdict that the plants will never run profitably, in a dispute that turns on decades of heavy spending and repeated failure. The Independent Petroleum Marketers Association…
A fake presidential council that carried a title, a director-general, an office inside the Presidential Villa complex and even a line in the national budget has forced the Federal Government to confront an uncomfortable question: how many other fictitious bodies are buried in the machinery of state? The Federal Executive Council has now ordered…
President Bola Tinubu has approved yet another overhaul of Nigeria’s security architecture, ordering a new committee to produce a five-year defence plan within 90 days, even as fresh data and persistent gun violence cast doubt on whether another framework can address the governance failures that previous reforms left unresolved. The directive, issued at Wednesday’s Federal…
Gunfire tore through the centre of Osogbo on Wednesday afternoon shortly after Governor Ademola Adeleke left the palace of the Ataoja of Osogbo, leaving one man dead and exposing sharp differences between the state government and the police over what actually happened and how many people were harmed. The Osun State Police Command confirmed…
Nigeria saved 15.8 trillion naira from petrol subsidy removal and currency liberalisation between June 2023 and December 2025. Minister of Finance Taiwo Oyedele released the figures during a media briefing on the federal government’s reform scorecard in Abuja. The fiscal windfall mobilised critical liquidity across the three tiers of government. The Federal Government Reform Scorecard…
President Bola Tinubu has directed anti-graft agencies and financial regulators to redirect recovered illicit funds and unclaimed corporate dividends directly into the Nigerian Education Loan Fund. The fiscal intervention channels 50 billion naira in criminal forfeiture proceeds from the Economic and Financial Crimes Commission straight to student accounts. Presidency aides framed the move as an…
Urban rents across Nigeria rose by 33.8 per cent year-on-year, heaping fresh misery on salaried workers, according to the latest Nairametrics Housing Report. The surge in housing costs far outpaces nominal wage growth across major commercial centres like Lagos and Abuja. Landlords are passing on the soaring costs of cement, steel, and private diesel power…
