The Federation Account Allocation Committee, under the chairmanship of Honourable Minister of Finance and Coordinating Minister of the Economy Wale Edun, has distributed ₦1.659 trillion to Nigeria’s three tiers of government as Federation Allocation for May 2025, drawn from a gross total of ₦2.942 trillion. This distribution to the federal government, 36 state governments, and

The World Bank’s latest Nigeria Development Update paints an encouraging picture of economic recovery under President Bola Tinubu’s administration, with GDP growth reaching 3.4% in 2024—the highest since 2014 outside of pandemic recovery years. However, beneath these headline figures lies a more complex reality that demands careful scrutiny before declaring victory over Nigeria’s long-standing economic

The Federal Government’s launch of the National Agency for Science and Engineering Infrastructure (NASENI) Asset Restoration Programme by Vice President Kashim Shettima in Maiduguri, Borno State today, represents a significant policy intervention that deserves critical examination within the broader context of Nigeria’s agricultural challenges and security concerns. Vice President Shettima’s formal unveiling of the National

The Lagos State Government’s rush toward implementing a comprehensive plastic ban by July 1, 2025, represents a fundamental misunderstanding of how successful economies have transformed environmental challenges into economic opportunities. Rather than hastily prohibiting plastic use, Lagos should immediately suspend this ban and pivot toward proven waste-to-wealth strategies that could generate the $2.5 billion annually

The recent dramatic upheaval in Japan’s bond market serves as a stark warning for Nigeria as President Bola Tinubu seeks National Assembly approval for a ₦758 billion domestic bond issuance to settle outstanding pension liabilities under the Contributory Pension Scheme. What’s happening in Japan today could very well be Nigeria’s tomorrow if the proposed massive

As Nigeria navigates the complexities of President Bola Ahmed Tinubu’s second year in office, the country finds itself at a critical juncture where bold economic reforms intersect with persistent citizen hardships. The President’s defiant defense of controversial policy decisions on his May 29, 2025 anniversary reveals an administration confident in its long-term vision yet acutely

The Nigerian Electricity Regulatory Commission (NERC) has reportedly ordered eight electricity Distribution Companies (DisCos) to downgrade 18 electricity feeders classified as band A to lower bands over failure to supply the supply minimum of 20 hours of electricity to customers under the feeders. It also ordered the DisCos to compensate Band A customers in 213

The massive ₦758 billion pension bond proposal currently before the National Assembly has generated considerable attention for its potential to address Nigeria’s mounting pension crisis, yet beneath the headlines lies a troubling question about who exactly will benefit from this unprecedented fiscal intervention. While President Bola Tinubu’s administration positions this bond as a comprehensive solution

As President Bola Ahmed Tinubu approaches the second anniversary of his administration in May 2025, Nigeria stands at a critical juncture of economic transformation that has sent ripples across every sector of the nation’s economy, with the insurance industry emerging as a particularly compelling case study of both challenge and opportunity. The bold economic reforms

In the bustling airports across Nigeria, thousands of travelers move through terminals daily, many unaware of their rights when flights are delayed or baggage goes missing. Despite clear regulations established through both international agreements and local legislation, a significant awareness gap exists regarding passenger compensation in Nigeria’s aviation sector. The legal framework governing these matters