The Federal Government exceeded its 2024 borrowing target by ₦4.79tn after weaker-than-expected revenue forced it to raise substantially more debt than originally budgeted, according to the Budget Office of the Federation’s Fourth Quarter and Consolidated Budget Implementation Report for 2024. The report showed that new borrowings climbed to ₦12.62tn during the fiscal year, surpassing the…
Abia State Governor, Dr Alex Otti, has approved medical support for a Nigeria Nollywood veteran actress Ngozi Nwosu as she continues to battle health challenges. This intervention which was announced by the Senior Special Assistant to the Governor on Tourism and Entertainment, Dr. Justice Okechukwu Martins, popularly known as JMartins, expressed gratitude to the governor…
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NLNG has unveiled plans to expand its Liquefied Natural Gas(LNG) production beyond the ongoing Train 7 project, announcing that it has begun preliminary work on Trains 8, 9 and 10. The gas giant also urged Nigeria to accelerate the commercialisation of its vast natural gas reserves before the global energy transition narrows the window of…
The Minister of Education, Dr Tunji Alausa, has urged state governments to meet the conditions required to access the World Bank-supported US$552 million HOPE Education Programme, saying stronger collaboration and reliable data are critical to improving education across the country. Speaking at the five-day Executive Retreat of the Committee of States’ Commissioners of Education (COSCEN)…
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