Tag: Federal Government

“Reject FG’s plan to abolish TETFund” – ASUU urges students

Aminu Imam
ASUU urges students

The Academic Staff Union of Universities (ASUU) Owerri zone, has called on Nigerians, particularly vulnerable students, to voice out against the Federal Government’s proposed policy to abolish the Tertiary Education Trust Fund (TETFund) across public institutions in the country. The call, which was made by the Owerri zonal coordinator of ASUU, Prof Dennis Aribodor, on behalf of the zone during a press conference held in Awka, alleged that the proposed policy is a plot to kill public tertiary education in favour of private schools largely owned by political leaders. Prof.…

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Price of calls to rise, as FG agrees to tariff hike

Aminu Imam
FG on tariff hike

The Federal Government has agreed to demands for tariff hikes in the telecommunication industry.  Minister of Communications, Innovation, and Digital Economy, Bosun Tijani, disclosed this yesterday, during an ‘Industry Stakeholder Forum’, in Abuja. This is expected in the coming weeks, as the Government aims to address sustainability challenges in the telecom sector. This implies that prices of calls, data and SMS will go up for the average Nigerian. However, the hike will fall short of the 100 percent increase requested by service providers, with the Government seeking to balance sector…

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Kano-Kaduna railway project: China approves $254m loan for FG 

Aminu Imam
KD KN rail project

The China Development Bank, (CDB), has approved a $254.76 million loan to support the construction of the Kano-Kaduna railway project in Nigeria by the President Bola Tinubu-led administration. In a statement issued on Tuesday, the bank said the funding would facilitate the smooth implementation of the infrastructure project. The construction is being handled by the China Civil Engineering Construction Corporation, (CCECC), with financial backing from the CDB. “The Kano-Kaduna railway spans a total of 203 kilometers and is designed as a standard-gauge railway. Upon completion, it will establish a direct…

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FG moves to float National Air carrier after failed attempts 

Aminu Imam
FG on Air Nigeria

After failed attempts to float national carriers in the past, President Bola Tinubu has mandated the newly appointed Permanent Secretary of the Federal Ministry of Aviation and Aerospace Development,  to revive the ‘Nigeria Air’ project. Tinubu also directed the civil servants to use his positions to sanitise Nigerian airports. Kana disclosed this during a meeting with Heads of agencies of the Aviation Ministry and members of staff in Abuja. Kana, who disclosed this during a meeting with Heads of agencies of the Aviation Ministry and members of staff in Abuja,…

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FG begins implementation of new withholding tax policy

Aminu Imam
Withholding tax written on a paper. Financial concept.

The Federal Government has commenced the implementation of the ‘2024 Withholding Tax Regulations’. The deduction of Tax at source implementation kicked-off on Wednesday, January 1, 2025. According to the Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, who announced the kick-off in a statement through his official X account on Wednesday, Small, Medium Enterprises (SMEs) and manufacturers are exempted from the new tax regulation. Oyedele described the regulation as a move expected to alleviate administrative challenges and financial constraints, thereby fostering growth and innovation in…

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FG to spend ₦8.6bn on overhaul of presidential air fleet engines

Aminu Imam
FG to spend

A review of the 2025 proposed budget has revealed that the Nigerian Presidency plans to spend ₦8.6billion on overhaul of presidential air fleet engines. The review shows that the overhaul of 5N-FGW engines in the presidential air fleet is expected to cost N5.5 billion, while overhaul of two Falcon 7x engines is expected to cost ₦3.1billion. These expenses are domiciled under the office of the National Security Adviser. Other expenses include renovation of fifty units of presidential air fleet residential quarters at the rate of a budgeted ₦119.8m; Hangar for…

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Nigeria receives $1.5bn W’Bank loan over Tinubu’s subsidy removal, tax reforms Bills

Aminu Imam
FG on W'Bank loan

The World Bank has released a $1.5billion loan to Nigeria, following the implementation of a few of its economic reforms, including fuel subsidies removal and introducing tax policies by the Tinubu-led administration. This is according to the World Bank’s recent document on the progress of the loan. The loan, part of the Reforms for Economic Stabilisation to Enable Transformation Development Policy Financing initiative, is among the fastest disbursements Nigeria has received with both tranches released in less than six months. The document showed that the loan was approved on June…

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Tinubu Okays federal university for Southern Kaduna 

Aminu Imam
Tinubu Okays

President Bola Ahmed Tinubu has approved the establishment of a federal university in Southern Kaduna, a move aimed at addressing the region’s educational and developmental needs. This decision marks a significant milestone for the region, which has long advocated for greater educational infrastructure. Vice-President Kashim Shettima, who made the announcement, also revealed that discussions are underway to establish a Federal Medical Centre in Kafanchan, Kaduna State. These initiatives reflect the federal government’s commitment to improving healthcare and education in underserved areas. Shettima shared these developments over the weekend during a…

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“FG to investigate Sokoto airstrike, ensure justice” – Matawalle

Aminu Imam
FG to investigate

The Federal Government has announced that it will conduct a comprehensive investigation into the airstrike that led to the deaths of 10 people in Gidan-Bisa and Runtuwa villages, in the Silame local government area of Sokoto State. Minister of State for Defence, Bello Matawalle, made this assurance during a condolence visit to the state Governor, Ahmed Aliyu, in Sokoto, the state capital, on Friday. In a statement issued on Saturday, the governor’s spokesman, Abubakar Bawa, quoted Matawalle as saying that justice would prevail and reiterated the Federal Government’s commitment to…

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FG debunks sabotage claims, terror links in Niger Republic

Aminu Imam
FG denies claims

The Federal Government has refuted allegations by Niger Republic’s military leader, General Abdourahamane Tchiani, claiming that Nigeria colluded with France to destabilise his country. In a statement issued yesterday by the Minister of Information and National Orientation, Mohammed Idris, the Federal Government described Tchiani’s accusations as “unfounded and a diversionary tactic aimed at covering his administration’s failures”. “These claims exist solely in the realm of imagination. Nigeria has never engaged in any alliance, overt or covert, with France -or any other country -to destabilise Niger Republic”,  the statement read. The…

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