Subsidy removal generates N15.8trn, FG rules out return to fuel subsidy By Onu Okorie Federal Government has disclosed that Nigeria generated N15.8 trillion in additional revenue for the Federation Account following the removal of petrol subsidy between June 2023 and December 2025, with states and […]
Uncategorized
FG reaffirms commitment to extractive industries transparency initiative By Onu Okorie Federal Government has reaffirmed its commitment to the Extractive Industries Transparency Initiative (EITI), pledging to strengthen public disclosure, revenue reconciliation, independent audits and institutional accountability across Nigeria’s extractive sector. The Minister of State for […]
Uncategorized
NDIC wins Verbatim’s 2026 pillar of integrity in public service Award
NDIC wins Verbatim’s 2026 pillar of integrity in public service Award By Onu Okorie Nigeria Deposit Insurance Corporation (NDIC) has received the 2026 Pillar of Integrity in Public Service Award from Verbatim Magazine in recognition of its commitment to ethics, transparency and accountability in public […]
Uncategorized
CBN’s 23% MPR as respite to manufacturers, SMEs and Nigeria’s real sector
CBN’s 23% MPR as respite to manufacturers, SMEs and Nigeria’s real sector By Onu Okorie For Nigerian manufacturers, small and medium-sized enterprises and businesses operating in the productive sectors of the economy, the cost of money is not an abstract monetary-policy statistic. It can determine […]
Uncategorized
Umahi challenges Obi to present South-East scorecard before 2027
Umahi challenges Obi to present South-East scorecard before 2027 By Onu Okorie Minister of Works, Senator David Umahi, has challenged the presidential candidate of the Nigeria Democratic Congress (NDC), Peter Obi, to present his record of achievements in the South-East before asking the people of […]
Uncategorized
Oyedele urges global action on affordable financing for Africa
Oyedele urges global action on affordable financing for Africa By Onu Okorie Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has called on the international community to increase the availability of affordable capital to finance infrastructure and development across Africa. Oyedele made […]
Uncategorized
TCN rehabilitates four vandalised towers on Afam-Elelenwo 132kV line
TCN rehabilitates four vandalised towers on Afam-Elelenwo 132kV line By Onu Okorie Transmission Company of Nigeria TCN has commenced rehabilitation of four electricity transmission towers vandalised along the Afam Independent Power Plant IPP–Elelenwo 132kV Double-Circuit Transmission Line in Rivers State. The company said the affected […]
Uncategorized
Indonesia expresses interest in Nigeria’s 2026 oil licensing round, says NUPRC
Indonesia expresses interest in Nigeria’s 2026 oil licensing round, says NUPRC By Onu Okorie Indonesia’s state-owned oil company, Pertamina, has expressed interest in Nigeria’s upcoming 2026 oil licensing round as the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) intensifies efforts to attract international capital into the […]
Uncategorized
Fiscal-Monetary synergy, imperative for Nigeria’s economic development
Fiscal-Monetary synergy, imperative for Nigeria’s economic development By Onu Okorie As the Federal Government and the Central Bank of Nigeria formalise a framework for closer coordination, the bigger question is whether fiscal discipline and monetary stability can finally reinforce each other strongly enough to lower […]
Uncategorized
NMDPRA: we don’t fix petrol pump prices under PIA
NMDPRA: we don’t fix petrol pump prices under PIA By Onu Okorie Nigerian Midstream and Downstream Petroleum Regulatory Authority NMDPRA has clarified that it does not determine or fix the pump prices of Premium Motor Spirit PMS, popularly known as petrol, under the Petroleum Industry […]
Uncategorized
NCS rehabilitates primary healthcare centre in Rivers
NCS rehabilitates primary healthcare centre in Rivers By Onu Okorie Nigeria Customs Service (NCS) has commissioned the rehabilitated Ebubu Primary Healthcare Centre in Eleme, Rivers State, as part of its Corporate Social Responsibility (CSR) initiative, ‘Customs Cares’, aimed at improving access to basic healthcare and […]
Uncategorized
FG orders 48-Hour fix for Suleja–Minna gridlock
FG orders 48-Hour fix for Suleja–Minna gridlock By Onu Okorie Federal Government has ordered the immediate rehabilitation of the Maje-Dikko section of the Suleja–Minna corridor, directing the concessionaire handling the project to restore free flow of traffic within 48 hours. The Minister of State for […]
Uncategorized
Nigeria to withdraw idle oil blocks as NUPRC cracks down on non-performing licence holders
Nigeria to withdraw idle oil blocks as NUPRC cracks down on non-performing licence holders By Onu Okorie Nigeria’s upstream oil regulator has fired a warning shot at licence holders sitting on undeveloped acreage, threatening revocation, relinquishment and forfeiture of financial guarantees unless companies get drilling […]
Uncategorized
