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Nigeria government

The Central Bank of Nigeria (CBN) has revealed that the Federal Government spent $1.12 billion on foreign debt service in the first quarter (Q1) of 2024.

Nigerian Govt Wades In, As Banks Lure States Into Debt

Worried by the spate of borrowings by various state governments from commercial banks and the capital market, the federal government has come up with guidelines that sub-national authorities must meet before embarking on domestic borrowing. The Head, Directorate of Legal, Investigation and
November 13, 2023
My Street Is Drained - Pat Utomi

Nigeria Is Not Working – Pat Utomi

Most Nigerians think their country is not working. They may frame it differently but they are frustrated with the Nigeria project. The three prisms through which they view the shared frustration include a rejection of the proposition, usually where they derive short
October 25, 2023
Nigeria Isn't Broke - Editorial

Nigeria Isn’t Broke – Editorial

Nigeria’s Minister of Budget and National Economic Planning, Atiku Bagudu, the other day declared that President Bola Ahmed Tinubu’s government was facing a serious revenue deficit, as “there’s no money anywhere in the country, the government is just managing to pay salaries.”
October 23, 2023
Mixed Reactions Trail Nigeria’s Supreme Court Judgment On LG Autonomy

Nigeria Wins $11bn P&ID Fraud Case

Nigeria has emerged victorious in the execution of a $11bn Process & Industrial Development (P&ID) Limited arbitration award as the presiding judge, Justice Robin Knowles, ruled in favour of the country. Nigeria had signed a Gas Supply and Processing Agreement (GSPA) with
October 23, 2023

No More Salary Delays In Civil Service From July, FG Assures

The federal government on Tuesday announced that there will not be any delay in the payment of July 2023 salaries for civil servants. This was disclosed by the Accountant General of the Federation, Oluwatoyin Madein, during an interaction with newsmen in Abuja.
July 25, 2023
It’s Our Culture, Stupid!

It’s Our Culture, Stupid!

A video of Boris Johnson riding his bicycle to a corner shop in London to buy some items has excited Nigerians a lot. Dressed in a black suit, blue shirt, and red tie, with a winter jacket and head warmer, the former
July 25, 2023
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