The Federal Government has approved eight point five million US dollars for the evacuation of Nigerians from Ukraine. The money was approved by the Federal Executive Council during its weekly meeting at the State House in Abuja, which was chaired by Vice President Yemi Osinbajo. The Minister of State for Foreign Affairs, Zubairu Dada, said two local…
The Federal Government says it now knows ninety-six people who are funding terrorism across Nigeria. The Minister of Information and Culture, Lai Mohammed, said four hundred and twenty-four associates and supporters of the financiers have also been uncovered. Lai Mohammed said the financiers and their associates were identified by the Nigerian Financial Intelligence Unit between 2020 and…
A Federal High Court in Abuja has stopped the Federal Government from using money from the Federation Account to fund the Nigerian Police Force. The order by Justice Ahmed Mohammed also affects the funding of other agencies of the government that are not listed in the 1999 Constitution of the Federal Republic of Nigeria. Justice Mohammed made…
The Federal Government has proposed an extension of the plan to remove petrol subsidy by eighteen months. During the period, the government plans to send a proposal to the National Assembly for an amendment of the Petroleum Industry Act. The Minister of State for Petroleum Resources, Timipre Sylva, made the announcement during a media briefing at the…
The Federal Government has dropped its plan to remove petrol subsidy and increase the pump price by June this year. The Minister of Finance, Budget and National Planning, Zainab Ahmed, said the decision was taken after another review the economic situation in the country. Zainab Ahmed made this known during a meeting with the President of the…
The Federal government has launched the Nigeria COVID-19 Action Recovery and Economic Stimulus. The programme comes with a seven hundred and fifty million dollars support from the World Bank that will given to each of the states at rate of twenty million dollars, while Abuja will get fifteen million dollars. . Vice President Yemi Osinbajo performed the…