Category : Search result: N20 trillion plan


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.

N3.8tr Loss: Lagos Traffic Crisis and Tech Solutions

Lagos traffic costs the economy N3.8 trillion yearly. As Yuletide approaches, experts push for tech-driven solutions like e-Call-Up systems and mass transit to salvage the situation. Read more.

Delta Assembly Passes N1.73tr 2026 Budget

Delta State House of Assembly passes a N1.73 trillion budget for 2026, raising the governor's proposal by N65.6 billion. Read details on the budget breakdown and legislative process.

Zamfara's Lawal Holds 58 Executive Council Meetings

Governor Dauda Lawal has presided over 58 State Executive Council sessions since 2023, approving key projects. He also launched a comprehensive 10-year development plan for Zamfara State. Read more.

Lawmaker seeks sack of Finance Minister over N4tr debt

Rep. Ikenga Ugochinyere calls for the dismissal of Finance Minister Wale Edun and FIRS Chairman Zacch Adedeji over N4 trillion unpaid contracts, accusing them of sabotaging Tinubu's agenda. Contractors protest non-payment.

FG to Clear N4tr Road Contractors' Debt by Dec 20

The Federal Government has set a December 20 deadline to settle all outstanding payments owed to road contractors, following protests over N4 trillion in delayed project financing. Minister David Umahi announced the presidential directive.

72 Data Centres Needed for Nigeria's $1 Trn Economy

Digital Realty CEO Ikechukwu Nnamani says Nigeria requires 72 edge data centres to power a $1 trillion economy by 2030. He highlights a severe infrastructure gap and lack of AI-ready facilities.

Wike Appoints Galadima as SSA on Development Control

FCT Minister Nyesom Wike appoints retired director Mukhtar Galadima as Senior Special Assistant on development control and planning. Read about his 30-year experience and Wike's master plan enforcement.

16 Banks Meet CBN Capital Rules Ahead of 2026 Deadline

CBN Governor Yemi Cardoso confirms 16 banks have met new capital thresholds. With the March 2026 deadline approaching, the recapitalisation drive aims to strengthen lenders for Nigeria's $1 trillion economy goal.

MAN Warns Against SSB Tax Hike, Cites Job Risks

Manufacturers Association of Nigeria warns proposed sugar-sweetened beverage tax increase could undermine local production, threaten jobs, and distort investments. Urge lawmakers to reconsider.

Putin's Ukraine Ultimatum: Cede Land or Face War

Russian President Putin demands Ukraine cede occupied territories for peace, threatening continued military action. US proposes new peace plan as conflict escalates. Read the latest developments.

Deadly Russia-Ukraine strikes amid peace plan talks

Russia and Ukraine trade deadly attacks as US President Trump's peace proposal faces European resistance. Six killed in Kyiv, three in Rostov. Updated plan aims to uphold Ukrainian sovereignty.

Tinubu: 1,000 Businesses Planned for Every Ward

President Bola Tinubu announces a plan to establish 1,000 active businesses in each of Nigeria's 8,809 wards to stimulate grassroots economic growth, job creation, and skills acquisition.

Fintiri Inaugurates National Livestock Council

Adamawa State inaugurates the National Council on Livestock Development, a major step to boost Nigeria's economy, ensure food security, and reduce herder-farmer conflicts.

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