Nuhu Ribadu, Nigeria’s national security adviser, has emphasized the growing risks of assaults on military networks, banking platforms, power and energy infrastructures, and telecommunications systems. Since any failure or disruption to the operation of these vital assets can have a substantial impact on security, public health and safety, and the social and economic well-being of…
President Bola Tinubu has given his approval for the creation of Abuja’s “Youth House,” a cutting-edge meeting spot designed to meet the demands of young people from all social and cultural backgrounds.This was said on Tuesday in Abuja by Mr. Ayodele Olawande, the Minister of State for the Ministry of Youth Development. “The Green House…
Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy, claims that his committee has recommended that the Federal Government eliminate taxes on essential goods that are vital to the welfare of Nigerians, such as food, rent, and public transportation. This was said by Oyedele in a recent Channels Television interview. According to him,…
Prepaid power meters will be purchased thanks to a successful N100 billion fundraising campaign spearheaded by the federal and state governments. Our correspondent reported on this news made by Minister of Power Adebayo Adelabu during a briefing in Ibadan, Oyo State, under the Presidential Meter Initiative (PMI) program. President Bola Tinubu’s administration is working to…
After a French court ruled in favour of Zhongshan Fucheng Industrial Investment Co. Limited and authorised the seizure of the Nigerian government’s presidential planes, the Federal Government of Nigeria accused the Chinese corporation of deceit.Bayo Onanuga, the President’s Special Advisor on Information and Strategy, said on Wednesday that the company is bringing a fraudulent claim…
The projected N279 billion costs for the Second Niger Bridge Bypass by Julius Berger Plc has been rejected by Senator David Umahi, Minister of Works, who deemed it to be unduly exorbitant. Umahi highlighted his displeasure with Julius Berger’s pricing in a statement on Thursday, adding, “One of the bypasses, which is 17.27 kilometres by…
In observance of Good Friday and Easter Monday, respectively, the Federal Government has designated Friday, March 29, and Monday, April 1, as public holidays. On behalf of the Federal Government, the statement was issued by Interior Minister Olubunmi Tunji-Ojo, who urged Nigerians in general and Christians in particular to follow Jesus Christ’s example of selflessness…
Due to suspected tax evasion, the Federal Government has filed criminal charges against well-known cryptocurrency exchange site Binance. The Federal Inland Revenue Service, or FIRS, revealed the accusations on Monday. They were filed before the Federal High Court in Abuja. The case, which has the case number FHC/ABJ/CR/115/2024, accuses Binance of four counts of tax…
The Nigerian Students Loan Scheme’s introduction has been indefinitely delayed by the Federal Government. In an interview with ARISE NEWS, Akintunde Sawyer, the Executive Secretary of the Nigerian Education Loan Fund (NELFUND), revealed this information. According to Sawyer, the loan, which was officially scheduled to debut on Thursday, March 14, has been rescheduled because of…
Allegations that Binance, a cryptocurrency trading platform, influenced the nation’s FX crisis have resulted in a $10 billion fine from the Federal government. This Friday morning, March 1, President Bola Tinubu’s special information and strategy adviser, Bayo Onanuga, said in a BBC interview. In Nigeria, Onanuga claims, Binance made significant profits from its “illegal transactions,”…