The Federal Government on Monday withdrew the eight-count forgery case against Prince Adeniyi Adeyemi, the self-appointed Director-General of the alleged non-existent Presidential Foreign Investment Promotion Council (PFIPC), but said it would institute fresh charges against him before the High Court of the Federal Capital Territory (FCT).
Announced amid renewed pressure from high fuel prices, rising transport costs and persistent household hardship, the initiative is being presented by the government as a targeted intervention to cushion the impact of global crude oil price volatility without returning the country to the costly petrol subsidy regime abolished in May 2023.
A Director in the Federal Ministry of Finance, Dr Ali Mohammed, on Wednesday, told the FCT High Court sitting in Maitama, Abuja, that former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was not a signatory to the Federal Government’s Consolidated Revenue Account from which ₦124.86 billion was withdrawn.
The Federal Government has stepped up efforts to curb bullying, abuse and other threats to children in Nigerian schools as it moves to strengthen the capacity of teachers to provide safer, more inclusive and supportive learning environments.
The Nigeria Labour Congress (NLC) has rattled the Federal Government over what it described as a worsening survival crisis in the country, demanding an immediate reduction in petrol prices, a nationwide wage award and the commencement of negotiations for a new national minimum wage.
The Federal Ministry of Education has released the final list of ranked and approved textbooks for use in Nigerian schools for the 2026–2028 period, introducing a new Ranking/QR Tracking Code system for approved titles.
The Federal Government has said Nigeria must progressively move away from an economy centred on crude oil exports and capture more value through domestic refining, petrochemicals and related industrial activities.
The Minister of Solid Minerals Development, Dele Alake, and U.S. Deputy Secretary of State, Christopher Landau, recently signed a key framework agreement to spur American investment in Nigeria’s estimated 700 billion dollars mineral sector.
The Federal Government has raised N1.23tn through two bond issuances under its Presidential Power Sector Debt Reduction Programme as it moves to settle verified legacy obligations owed to electricity Generation Companies (GenCos).
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.
