Nigeria is targeting approximately $20 billion in fresh investment in its electricity sector, as the Federal Government moves to reduce dependence on public funding and attract private capital to address the country's persistent power infrastructure deficit.
The Federal Government has challenged promoters of the Renewed Hope Electric Transportation Initiative (RHETI) to demonstrate their capacity to deliver affordable electric mass transit, warning against raising Nigerians' expectations with promises that may not translate into tangible relief.
The Federal Government has insisted that appointments into the administration of President Bola Tinubu are based on competence, capacity and the ability to deliver results, rather than religious or ethnic considerations.
The Federal Government, state governments and local government councils received a combined N17.12tn from the Federation Account between January and August 2026, with the Federal Government accounting for the largest share of N6.53tn.
The Federal Government has said sustainable electricity supply will depend on a commercially viable power market supported by cost-reflective tariffs and reliable payment arrangements for electricity generators and gas suppliers.
The Federal Government has directed principals of the 117 Federal Unity Colleges (FUCs) across the country to move beyond passive security arrangements and adopt proactive measures to protect students, teachers and school facilities against growing security threats.
The Debt Management Office (DMO) has projected that the debt service-to-revenue ratio wouldl reach 71.7 percent by 2030 under its baseline scenario, significantly above the agency’s recommended threshold of 50 per cent.
The Federal Government says electricity supply has been restored to several areas in Lagos, Ogun, Oyo, Kwara and the Federal Capital Territory following disruptions caused partly by the vandalism of a critical 330-kilovolt transmission line.
The Standards Organisation of Nigeria (SON) has launched a ₦2.27 trillion National Cylinder Recirculation Programme (NCRP), targeting at least 43 million certified liquefied petroleum gas (LPG) cylinders nationwide to tackle the circulation of expired, damaged and substandard gas cylinders in the country.
For a government that is to run for four years (first term) to now literally wake up from slumber, after 40 months from its take-off, to adopt a 90-day economic blueprint, is only exhibiting a clear lack of direction.
An Akwa Ibom State High Court sitting in Uyo has dismissed a petition seeking the dissolution of a marriage that has lasted over 43 years, ruling that lack of love and mutual respect between spouses does not, on its own, constitute sufficient legal grounds for divorce.
