The 2025 budget was increased from N49.7 trillion to N54.2 trillion to strengthen key economic sectors and infrastructure projects, Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, explained yesterday. It was after President Bola Ahmed Tinubu urged the National Assembly to increase the budget by N4.53 trillion. His letterContinue Reading
A former Director General of Nigerian Maritime Administration and Safety Agency (NIMASA), Dakuku Peterside, says it will be premature to resume oil exploration in Ogoni land in Rivers State. Oil exploration in Ogoni has been suspended for many years due to controversies surrounding environment degradation among other issues. However, theContinue Reading
President Bola Tinubu has sent heartfelt condolences to parents, guardians, and families who lost loved ones in a fire outbreak that stretched into an Islamic school in Kaura Namoda, Zamfara State, on Tuesday night. Tinubu, in a statement signed by his media aide, Bayo Onanuga, on Wednesday, commiserated with theContinue Reading
In a dramatic twist that has rattled the Nigerian port community, the Nigeria Customs Service (NCS) has officially launched the controversial 4% Free-On-Board (FOB) charge, a decision that has sparked intense opposition from licensed Customs agents and freight forwarders. This new charge, effective February 4, 2025, has been met withContinue Reading