…As Akpabio defends debt strategy A growing debate over Nigeria’s fiscal direction has intensified, with the Emir of Kano, Sanusi LamiÉ—o Sanusi, questioning the Federal Government’s continued reliance on borrowing despite the removal of petrol subsidy, while Senate President Godswill Akpabio insists the country’s debt remains within sustainable limits. Sanusi, a former governor of the Central Bank of Nigeria (CBN), raised concerns about what he described as inconsistencies in Nigeria’s fiscal management, asking why borrowing persists even after the elimination of a major expenditure burden. Speaking in an interview, he…
Read MoreFG launches ₦10bn housing loan for civil servants
The Federal Government has approved a ₦10 billion housing loan scheme aimed at improving access to home ownership for civil servants, the Head of the Civil Service of the Federation, Didi Walson-Jack, announced yesterday in Abuja. Speaking during a press briefing, Walson-Jack said the initiative would be implemented through the Federal Mortgage Bank of Nigeria and the Federal Government Staff Housing Loans Board. According to her, the scheme is designed to enhance stability and productivity within the civil service by enabling workers to own homes. “The Federal Government has approved…
Read More2027: APC to open nomination form sales, approves consensus, direct primaries
The All Progressives Congress (APC) has announced that it will start selling nomination forms for the 2027 general election on April 25. Recall that on Monday the ruling party shared its plan and schedule for the upcoming elections next year. They set the cost for nomination forms and expression of interest forms for presidential candidates at ₦70 million and ₦30 million each. APC’s Deputy National Publicity Secretary, spoke on Thursday after the 186th meeting of the National Working Committee (NWC) of the party. Meseko mentioned that the development is included…
Read MoreMilitary arraigns 36 officers over alleged coup plot against Tinubu
The Nigerian military has formally commenced the trial of dozens of officers accused of involvement in an alleged coup plot, inaugurating a General Court-Martial in Abuja under heavy security and strict secrecy. The proceedings, which began yesterday, are being held at the Guards Brigade Scorpion Mess in Asokoro, with journalists barred from accessing the courtroom. The closed-door arrangement underscores the sensitive nature of the case, which centres on allegations of an attempt to overthrow the President Bola Tinubu-led administration. At least 30 serving military personnel—comprising both senior and junior officers—are…
Read MoreRising Insecurity: 3.7m Nigerians declared ‘internally-displaced’
Nigeria is witnessing a troubling surge in the number of Internally-Displaced Persons (IDPs), with humanitarian agencies warning that the crisis is expanding beyond the traditional conflict zones and placing millions of lives at risk. Recent data from the office of the United Nations High Commissioner for Refugees (UNHCR) indicates that over 3.7 million Nigerians are internally-displaced. The March 2026 data show that there is a growing number of Nigerians who are internally displaced. Internally-Displaced Persons, referred to as IDPs, are people who have been forced to flee their homes by…
Read More“NNDC must drive region’s economic revival” – Northern Govs. ChairÂ
Chairman of the Northern States Governors’ Forum (NSGF) and Gombe State governor, Muhammadu Yahaya, has called for the urgent transformation of the New Nigeria Development Company (NNDC), declaring that the regional investment body must rise to meet the economic realities facing Northern Nigeria or risk irrelevance. Speaking at the close of a 2-day retreat organised by the Board and Management of the NNDC in Abuja, the governor set a clear tone, emphasising that the era of talk must give way to decisive action. Yahaya, represented by the NSGF’s Director-General, Ezekiel…
Read MoreTinubu swears-in Dr. Muttaqha Darma as Housing MinisterÂ
President Bola Ahmed Tinubu yesterday administered the oath of office to Dr. Muttaqha Rabe Darma as the new Minister of Housing and Urban development from Katsina State, following his Senate clearance. He replaced Ahmed Musa ÆŠangiwa, who recently resigned. President Tinubu, at the short ceremony at the State House, congratulated Dr. Darma for coming on board at this “very challenging time of national development. “You have a very rich and interesting background. As a leader, we need competent hands like yours. There is no doubt that you have rendered valuable…
Read More‘Tinubu adding ₦82bn to Nigeria’s debt every single day’ – Report
Nigeria’s public debt profile has come under fresh scrutiny, following data suggesting that the administration of President Bola Ahmed Tinubu is accumulating an average of about ₦82 billion in new debt daily, driven largely by a combination of external borrowings and financing arrangements secured within the first 114 days of 2026. The figures, compiled by Statisense from multiple datasets, including Policy and Advocacy Centre (PLAC), GOV.UK, the World Bank, and the African Development Bank (AfDB), indicate that Nigeria secured approximately ₦9.39 trillion in new foreign financing between January and April…
Read MoreTinubu seeks Senate’s fresh $516m loan approval for Sokoto–Badagry superhighway
President Bola Tinubu has asked the Senate to approve a fresh external borrowing of $516,333,070 (approximately ₦700bn) to fund sections of the proposed Sokoto–Badagry superhighway, a flagship project under his administration’s infrastructure drive. The request, contained in a letter addressed to the President of the 10th Senate, Godswill Akpabio, was read during plenary yesterday, setting the stage for legislative consideration of the financing plan. According to the President, the loan—expected to be sourced from Deutsche Bank, Germany —will support the construction of Sections 1, 1A and 1B of the 1,000-kilometre…
Read MoreINEC kicks-off activities for 2027 elections
The Independent National Electoral Commission (INEC), yesterday, officially kicked-off activities for the 2027 general elections. The day kicked-off the 38-day window for political parties to conduct primaries and choose candidates for the 2027 general elections based on the provisions of the Electoral Act and the revised timetable released by INEC. Counting from yesterday, political parties in the country now have exactly 38 days to hold primaries for presidential, governorship, National Assembly, and State Houses of Assembly positions, including resolving any disputes. Parties must also submit their membership registers to INEC…
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