The Federal Government is pursuing three new World Bank facilities worth a combined $1.5 billion while separately expanding its port modernisation programme beyond Lagos. The proposed Nigeria $1.5 billion World Bank loan would fund climate resilience, social protection and early childhood development. At the same time, the government has approved the upgrade of Onne, Rivers,…
Nigeria has moved closer to adding a major new capability to its military as the Federal Government advances the acquisition of 12 AH-1Z Viper attack helicopters from the United States. The latest milestone came after Chief of the Air Staff, Air Marshal Sunday Aneke, led a Nigerian Air Force delegation to a beam-signing ceremony with…
The Federal Government has issued a seven-day flood warning for 15 states, but the alert has already moved beyond forecasts in Lagos, where residents of several low-lying communities have been told to prepare for temporary relocation. The Nigeria Hydrological Services Agency (NiHSA) warned of a high risk of riverine flooding from September 19 to 25,…
President Bola Tinubu’s latest three-week European vacation has renewed questions about the cost of presidential travel, with GovSpend Nigeria records showing that the Presidency spent N37.64 billion on travel-related expenses between June 2023 and April 2026. The figures have attracted criticism because the latest trip comes as many Nigerians continue to face high living costs,…
The Federal Government has launched the Ijebu-Ode Ibadan road reconstruction and dualisation while also moving to address the worsening condition of the Benin-Agbor-Asaba road. The two developments highlight a wider push by the government to deal with some of Nigeria’s most important road corridors, but they also raise a familiar question: can the Federal Government…
Governor Ademola Adeleke’s visit to President Bola Tinubu was more than a ceremonial presentation of his Osun re-election certificate. Coming just days after a closely fought election, the meeting offered an early picture of how Adeleke plans to approach his second term and his relationship with the federal government. Adeleke visited the Presidential Villa on…
The Federal Government has released a new Reform Scorecard defending the economic policies of President Bola Tinubu’s administration and arguing that the painful changes of the past three years have helped Nigeria avoid an even deeper economic crisis. Presented by Finance Minister and Coordinating Minister of the Economy Taiwo Oyedele on Wednesday, the scorecard says…
Nigeria’s monthly federal allocations have entered territory that would have seemed almost impossible a few years ago. Federation Account Allocation Committee, FAAC, distributions are now averaging more than ₦2 trillion per month, with the highest monthly distribution reaching about ₦2.8 trillion. The increase has been driven largely by changes in fuel subsidy policy, foreign exchange…
Nigeria is getting two pieces of economic news that appear positive on paper but could have very different meanings for households and businesses. Headline inflation fell from 15.91 per cent in June to 15.43 per cent in July, according to the National Bureau of Statistics. But food inflation moved in the opposite direction, rising to…
Nigeria’s security agencies face renewed scrutiny over allegations of people being held for years without trial, raising a question that goes beyond individual cases: how can the state fight insecurity effectively if people can remain in detention without a clear judicial resolution? One of the cases attracting attention is that of Onyeaka Ozioma Elizabeth, an…
