NRS urges shift from raw material exports to innovation-driven growth

The Chairman of the Nigeria Revenue Service (NRS), Dr Zacch Adedeji, has called for a paradigm shift from reliance on raw material exports to innovation-driven economic growth, describing it as critical to achieving sustainable development and national prosperity. Adedeji made the call while delivering the maiden Distinguished Personality Lecture of the Faculty of Administration at…

Read More

Nigeria saved N6trn from fuel import losses – NMDPRA

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has announced that the strategic implementation of downstream deregulation and foreign exchange reforms resulted in over N6 trillion in savings from fuel import losses during the first nine months of 2025. This disclosure was made by the Chief Executive of the NMDPRA, Mr. Saidu Mohammed, during…

Read More

NIMASA mulls expansion of deep blue project

…Calls for continued partnership with Navy Following the success of its maritime security architecture known as the Deep Blue project, the Nigerian Maritime Administration and Safety Agency (NIMASA) is considering an expansion of the project which impact has been felt across the Gulf of Guinea and gained global recognition, to ensure sustainability and greater impact….

Read More

FG reaffirms commitment to gas-led growth as NNPC unveils gas master plan 2026

The Federal Government has reiterated its commitment to positioning natural gas as a key driver of Nigeria’s economic growth, energy security, and social development following the unveiling of the Nigerian National Petroleum Company Limited (NNPC Ltd.) Gas Master Plan (GMP) 2026. Minister of State for Petroleum Resources (Gas), Dr. Ekperikpe Ekpo, made the declaration over…

Read More

How ₦14.6bn boat procurement will boost safety, trade on Inland Waterways — Oyebamiji

Former Managing Director of the National Inland Waterways Authority (NIWA), Mr. Bola Oyebamiji, has disclosed that the Federal Government approved about ₦14.6 billion for the procurement of modern boats and ferries to strengthen safety, trade and passenger transportation across Nigeria’s inland waterways. Oyebamiji made this known in Osun State on Thursday while receiving a delegation…

Read More

Mixed reactions trail FG directive on free prepaid electricity meters

Experts, power sector operators and electricity Distribution Companies (DisCos) have expressed divergent views on the Federal Government’s directive mandating the rollout of free prepaid meters to electricity consumers nationwide. They said this with reacting to the directive in an interview with newsmen on Sunday in Lagos. Reports that the Minister of Power, Mr Adebayo Adelabu,…

Read More