Category : Search result: Federal Government MTEF

Reps Approve $64.85 Oil Benchmark for 2026, Differing from Senate's $60

Reps, Senate Differ on 2026 Oil Benchmark in MTEF

The House of Representatives has approved a $64.85 per barrel oil price benchmark for 2026, diverging from the Senate's $60. Get the full details on the MTEF/FSP projections and budget implications.

FG Reopens All 47 Unity Schools After Security Closure

Federal Government Reopens 47 Unity Schools

The Federal Government has reopened the 47 Unity Colleges shut in November over insecurity. The Ministry of Education assures safety measures are in place. Read more.

Tinubu's Govt Reopens 47 Unity Schools After Security Upgrade

FG Reopens 47 Unity Schools After Security Boost

The Federal Government has ordered the immediate reopening of 47 unity schools previously closed due to insecurity. Students have returned safely as academic activities resume nationwide.

FG's Revenue Crisis: Debt, Salaries Exceed Income by N14.32tn in 7 Months

Nigeria's Debt, Salaries Exceed Revenue in 2025

Nigeria's Federal Government spent more on debt servicing and salaries than it earned in 2025's first seven months, with a N10.19tn revenue shortfall. Oil earnings slumped over 60%. Read the full analysis.

Senate Approves N54.46 Trillion 2026-2028 MTEF Amid Senator Natasha's Funding Query

Senate Passes N54.46 Trillion MTEF, Natasha Questions FG

The Nigerian Senate has approved the 2026-2028 MTEF with a N54.46 trillion spending plan. Senator Natasha Akpoti-Uduaghan challenged the FG's vague plan to 'mop up' funds for the private sector. Read the full details.

Senate Approves ₦54.4 Trillion 2026-2028 MTEF, Clears Path for Tinubu's Budget

Senate Okays MTEF, Paves Way for ₦54.4tr 2026 Budget

The Nigerian Senate has approved the 2026-2028 MTEF, enabling President Tinubu to present a historic ₦54.4 trillion budget. Key fiscal parameters set the stage for the national spending plan. Read the full details.

ADC Vows to Join Protest Over FG's N500bn Debt to Contractors, Pensioners

ADC to Protest FG's N500bn Debt to Contractors, Pensioners

The African Democratic Congress (ADC) threatens to join ongoing protests by unpaid local contractors and pensioners. The party condemns the APC-led Federal Government's staggering debts, calling it insensitive governance.

Nigeria's 2026-2028 MTEF: A Shift to Fiscal Realism Amid Late Submission Concerns

MTEF 2026-2028 Signals Fiscal Realism, CPPE Says

The CPPE hails Nigeria's new MTEF-FSP for budget credibility but experts warn late approval undermines scrutiny. Key figures: $64.85 oil benchmark, N1,512/$ exchange rate. Read the full analysis.

Supreme Court Urges FG to Implement LG Autonomy, Dismisses Osun Suit

Supreme Court Calls Out FG Over LG Autonomy

Nigeria's Supreme Court has called on the federal government to implement its judgment granting financial autonomy to 774 local governments. The court dismissed Osun state's suit. Full details inside.

Supreme Court Dismisses Osun's Suit Against FG Over LG Funds

Supreme Court Dismisses Osun's LG Funds Suit

Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.

FG Sets 2026 Budget Exchange Rate at N1,512/$1, Unveils N50.74trn Revenue Plan

FG Sets 2026 Budget Exchange Rate at N1,512/$1

The Federal Government has announced a N1,512 to $1 exchange rate for the 2026 budget. Discover the key projections for oil, revenue, and spending in the new fiscal framework.

FG Approves MTEF, Paves Way for 2026 Budget Amid Revenue Challenges

MTEF Approved, 2026 Budget Process Begins

The Federal Executive Council has approved the Medium-Term Expenditure Framework, setting the stage for the 2026 budget. Ministers Bagudu and Edun detail plans to manage capital rollovers and address the revenue-expenditure gap.

FG Terminates 3 Road Contracts in Kogi Over Contractor Delays

FG terminates 3 Kogi road contracts over delays

Federal Government terminates three road contracts in Kogi State due to contractor non-performance. Projects to be re-awarded as part of infrastructure development under Renewed Hope Agenda.

Kebbi Schoolgirls Freed: Government's Non-Kinetic Approach Succeeds

Kidnapped Kebbi Schoolgirls Regain Freedom

Government Girls Comprehensive Senior Secondary School students freed through peaceful negotiation. Federal Government's non-kinetic approach proves effective in resolving kidnappings.

FG Denies Open Grazing Ban, Confirms Ranching Transition Plan

FG Denies Open Grazing Ban, Backs Ranching

Federal Government clarifies no nationwide ban on open grazing exists. Minister Idi Maiha details a gradual transition to modern ranching systems using 4.5 million hectares of reserves.

FG: Livestock Reforms to Yield $74B Economic Boost by 2035

FG: Livestock Reforms Gains Coming Soon

Federal Government assures Nigerians that livestock sector partnerships will soon show visible results, aiming to grow the industry from $32B to $74B by 2035 through strategic reforms.

Lagos-Calabar Highway: First 47km to Open in December 2025

Lagos-Calabar Highway Section Opens December 2025

Federal Government confirms the first 47km of Lagos-Calabar coastal highway will open to motorists between December 12-17, 2025. Get the latest updates on this transformative infrastructure project.

FG Denies School Closure Order: Ministry Debunks Fake News

FG Denies Ordering Nationwide School Closure

Federal Government denies circulating reports about school closures starting November 24, 2025. Ministry confirms fake news, urges public to verify information from official channels.

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