News Updates

Wednesday, 04 November, 2026

BREAKING NEWS

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Tag: Federal Government


The Federal Government has rolled out a N80 billion intervention scheme offering N2 billion each to 40 selected tertiary institutions across Nigeria to boost commercial farming, agrarian research, and sustainable food production.


Financial technology firm OPay has detailed how qualified customers can verify their eligibility for the Federal Government’s N50,000 relief fund under the National Emergency Relief and Stabilisation Intervention, while warning users never to disclose personal banking details to third parties.


President Bola Tinubu defends fresh external loans, stating that responsible borrowing focused on critical infrastructure is essential to unlocking Nigeria’s $1 trillion economy goal.


The Trade Union Congress has rejected the Federal Government’s ₦70,000 transport allowance, calling for an immediate salary increase to tackle the worsening cost of living.


Former Vice President Atiku Abubakar has criticized the Federal Government’s ₦70,000 monthly transport allowance, stating it buys only 50 litres of petrol and fails to solve Nigeria’s cost-of-living crisis.


The Federal Government is preparing an executive bill to overhaul Nigeria’s cybercrime laws, targeting emerging AI threats and sophisticated cyber risks while safeguarding civil liberties.


The Federal Government has finalized an agreement with organized labour approving a N70,000 monthly transport allowance for public servants starting November 2026, along with the settlement of peculiar allowance arrears.


President Bola Tinubu asks the Senate to approve $20.51bn and €1.045bn in new external borrowing to bridge funding gaps and finance critical infrastructure, security, and healthcare projects across Nigeria.


Chief of Staff Femi Gbajabiamila warns that state police approval will hinge on a state’s financial capacity to sustain regular salaries, training, and operational costs.


Social Democratic Party presidential candidate Adewole Adebayo has declared that a single Ebola case does not justify postponing the 2027 general elections or shutting down political campaigns.