STATEHOUSE PRESS RELEASE President Bola Ahmed Tinubu has pledged to fast-track Nigeria’s development through technology and food security, aligning with the success models of emerging economies like Brazil. Speaking on Tuesday when he met with a cross section of Nigerians resident in Brazil, President Tinubu emphasized his administration’s commitment to transformation through innovation, reform, and […]
Fitch Ratings has projected that while most Nigerian banks are likely to exit regulatory forbearance by the end of 2025, a select group of institutions may continue to operate under these regulatory accommodations into 2026. Banks extending beyond the forbearance period would face strict restrictions, including limitations on dividend payments, executive bonuses, and foreign investments. […]
The Yobe State Government has commenced the relocation of 250 households from Garin Kolo in Nangere Local Government Area following severe floods that destroyed homes and polluted water sources. The exercise, launched on Tuesday under the directive of Governor Mai Mala Buni, is part of efforts to safeguard the lives and dignity of affected families. […]
Nigeria’s Minister of Steel Development, Prince Shuaibu Audu, has disclosed that the country loses over $4 billion in foreign exchange every year to imported steel products. He made this revelation at the 2025 Engineering Conference, Annual General Meeting, Award Night, and Induction Ceremony organised by the Nigerian Society of Engineers (NSE), Bwari Branch. […]
Edo State marked its 34th anniversary on Tuesday, August 27, 2025, with Governor Monday Okpebholo leading celebrations that paid tribute to the state’s founding fathers and called for unity among its people. The milestone offered an opportunity to reflect on Edo’s journey since its creation in 1991 and to highlight both its achievements and ongoing […]
Lagos State University of Science and Technology has received N185,969,000 from the Nigerian Education Loan Fund (NELFUND) to support 2,143 students. The university’s Vice-Chancellor, Professor Olumuyiwa Odusanya, acknowledged receipt of the funds in a letter to NELFUND’s Managing Director. The funds will support students who applied and were approved for the NELFUND student […]
Oladimeji Fabiyi, a senior stakeholder in the People’s Democratic Party (PDP), has openly criticized the party’s continued reliance on geographical zoning for political appointments, describing it as ineffective and counterproductive. Speaking in an interview with Channels Television, Fabiyi asserted, “Geographical zoning has not helped us in this country. We can zone to performance, competence, and […]
The Chairman of Badagry-West Local Council Development Area, Rauf Yemaren, has cautioned against illegal mining activities in Falola community and other parts of the council’s coastal belt. In a statement, Yemaren warned individuals, groups, and companies engaged in unlawful mining to stop immediately, describing their actions as harmful and environmentally destructive. The council […]
The Federal Government has emphasized the importance of space technology and exploration for Nigeria’s growth, security, and ability to address global challenges. This was highlighted during President Bola Tinubu’s state visit to Brazil, where a Memorandum of Understanding (MoU) was signed between Nigeria and Brazil to enhance cooperation in space science and technology. […]
The Kaduna State Government has reiterated its commitment to developing the creative industry as a strategic tool for youth empowerment and economic growth. Speaking at the opening ceremony of the 8th Kaduna International Film Festival on Tuesday night, the Deputy Governor, Dr. Hadiza Balarabe, described the sector as a major driver of national development. Balarabe, […]
