The Federal Ministry of Agriculture and Food Security has proposed spending N180bn on Federal Universities of Agriculture and research institutes in the 2025 proposed budget. Of this amount, N54.38bn is allocated specifically to Federal Universities of Agriculture, as part of the ministry’s total N636bn allocation. The allocations were disclosed in […]

Telecom tariffs to rise in 2025 as NCC greenlights price increases. The Nigerian Communications Commission (NCC) has approved a long-pending proposal for telecom tariff hikes, with new rates for calls, SMS, and internet bundles expected to take effect in January 2025. [b]This marks the end of over a decade of […]

The Socio-Economic Rights and Accountability Project has called on the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, to slash proposed budgets for the Presidency and the National Assembly. The organisation argued that the funds, amounting to N9.4bn for the Presidency’s travel, meals, and […]

The Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged Nigerian to avoid panic buying as there is enough fuel in the country. Mr Ukadike Chinedu, IPMAN Publicity Secretary, said this on Sunday in Abuja. He commended the Dangote Petroleum Refinery for reducing the price of its Premium Motor Spirit […]

The assertion follows his opposition to the tax reform bills. In a statement he released on Monday, Ndume again criticised the timing and scope of the bills, saying that they disproportionately target low- and middle-income Nigerians who are already bearing the brunt of the President Bola Tinubu administration’s economic policies. […]

The Minister of Communications, Innovation, and Digital Economy, Dr. Bosun Tijani, has said that the federal government will provide half of the $2 billion required to deliver the country’s 90,000-kilometre fibre project. The Minister, who disclosed this while featuring on an Arise TV program on Friday, said the project, which […]

The federal government voted N2.3 trillion for the scrapped ministries of Niger Delta and Sports Development in the 2025 budget proposals, checks by Daily Trust have revealed. Our correspondents could not establish whether it was an error or not, but experts said there was no diligence in putting the budget documents […]

The Minister of Information and National Orientation, Mohammed Idris, has warned politicians against linking stampedes that occurred during food distributions in Oyo, Anambra and Abuja to President Bola Ahmed Tinubu’s economic reforms. He however sympathised with the families of those who lost their lives in the tragic incidents which claimed over […]

The Federal Government has declared Wednesday, and Thursday, December, 25 and 26 2024, and Wednesday, January 1, 2025, as public holidays to mark Christmas, Boxing Day and New Year celebrations, respectively. The Minister of Interior, Dr Olubunmi Tunji-Ojo, who made the declaration on behalf of the federal government on Monday […]