The Federal Government has challenged the World Bank’s assessment of Nigeria’s debt position, describing concerns that interest payments exceeded government revenue in the first half of 2026 as misleading and arguing that the calculation failed to capture the full picture of the country’s fiscal position. The Federal Ministry of Finance said the reported interest payments…
By Seun Ibiyemi The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone A, has intercepted illicit drugs and pharmaceutical products valued at ₦511.4 million in separate operations along the Lagos–Benin and Lagos–Ibadan expressways. The seizures included cannabis, cocaine, crystal methamphetamine, synthetic cannabis and 57 cartons of codeine syrup, while two male suspects and two…
Nigeria’s imported food inflation slowed to 9.19 per cent in September 2026, its lowest level in six months, as monthly price increases moderated significantly, offering a fresh indication of easing inflationary pressures amid persistent concerns over food affordability and the country’s dependence on imports. Figures derived from the latest data released by the National Bureau…
By Seun Ibiyemi The Ogun State Police Command has taken a 56-year-old man, Madarikan Emehinola, into custody over a suspected arson incident that claimed the life of his 40-year-old wife, Igbagbo Erobe, in the Igbo-Edu area of Ogun Waterside Local Government Area. The incident was reported at the Abigi Divisional Police Headquarters on Sunday, October…
By David Oluwatosin President Bola Tinubu has transmitted five executive communications to the Senate for consideration and approval, including bills seeking to strengthen drug enforcement, expand the mandate of the Nigerian Safety Investigation Bureau (NSIB) and establish a National School of Government. According to a statement by the Senate, the submissions cover legislative reforms, a…
By Seun Ibiyemi The Presidency has dismissed claims by Oyo State Governor Seyi Makinde that the Federal Government is withholding ₦250 billion in Nigeria LNG Limited (NLNG) dividends for each state until after the 2027 general elections, describing the allegation as false and economically implausible. The clarification followed Makinde’s remarks at the 2027 Budget Stakeholders’…
By Seun Ibiyemi The National Drug Law Enforcement Agency (NDLEA) has intercepted 8,725 kilogrammes of tramadol powder valued at more than ₦6.98 billion at the Apapa Port in Lagos and arrested dozens of suspects in coordinated anti-drug operations across several states, including an 85-year-old woman allegedly found with 179 kilogrammes of cannabis in Edo State….
By Seun Ibiyemi The Socio-Economic Rights and Accountability Project (SERAP) has dragged the Independent National Electoral Commission (INEC) before the Federal High Court in Abuja over its alleged failure to account for more than ₦126.46 billion allocated for electoral operations, including the procurement of ballot boxes, election materials, vehicles and accreditation devices. The suit seeks…
…Begins 16MW projects across four communities By Seun Ibiyemi The Federal Government has commissioned a 1-megawatt (MW) solar mini-grid equipped with a 2.4-megawatt-hour (MWh) battery energy storage system in Tallasse community, Balanga Local Government Area of Gombe State, as part of efforts to expand electricity access and stimulate economic activities in rural communities. The commissioning,…
By Seun Ibiyemi The Minister of Marine and Blue Economy, Dr Adegboyega Oyetola, has unveiled the newly gazetted Nigeria Ports Economic Regulatory Agency (NPERA) Act, 2026, alongside the agency’s official logo, describing the development as a significant milestone in efforts to strengthen port regulation, boost investor confidence and enhance Nigeria’s maritime competitiveness. Oyetola made the…
