By Jemimah Wellington, JKNewsMedia Correspondent RENEGOTIATION OF the long standing 2009 agreement between the Federal Government and the Academic Staff Union of Universities (ASUU) has been concluded, signalling a significant development for Nigeria’s public university system and raising expectations of improved academic conditions and indus...
By Jemimah Wellington, JKNewsMedia Correspondent RENEWED CALLS for peace and religious tolerance and national unity has been urged to mark this year’s Christmas message to Nigerians, with assurances of continued commitment to safeguarding security and freedom of worship across the country. A message by the country’s President Bola Tinub...
By Jemimah Wellington, JKNewsMedia Correspondent NIGERIA’s NATIONAL Identification Number (NIN) has now automatically become the Tax Identification Number (TIN) for individuals, the Federal Inland Revenue Service (FIRS) has said, as public attention grows around tax requirements linked to financial and economic activities. The clarification f...
By JKNewsMedia REVENUE AMOUNTING to N1.928 trillion from the Federation Account has been shared among the Federal Government, State Governments and Local Government Councils for the month of November 2025, reflecting the latest statutory distribution to the three tiers of government. The revenue was shared at the December 2025 meeting of the ...
By Joyce Eyaba, JKNewsMedia Reporter THREE STATES will host President Bola Tinubu’s high-profile visit on Saturday, December 20, with stops in Borno, Bauchi and Lagos. In Maiduguri, the Borno state capital, President Tinubu will commission projects executed by the Babagana Zulum administration in collaboration with the federal government...
By Joke Kujenya FEDERAL REVENUES for 2025 are collapsing to N10.7tn, far below the N40.8tn originally projected, Finance Minister Wale Edun told lawmakers this week, exposing a gap of nearly N30tn. Edun said weak oil and gas receipts, shortfalls in petroleum profit tax and company income tax, and gaps in non-oil revenue are largely responsibl...
By Jemimah Wellington, JKNewsMedia Correspondent BUDGET IMPLEMENTATION timelines are set to shift to March 31, 2026, under a formal request transmitted by President Bola Tinubu to the House of Representatives seeking legislative approval to extend the lifespan of the 2025 Appropriation Act and curb overlapping fiscal cycles. The request was co...
By Joke Kujenya THE FEDERAL Executive Council (FEC) has approved the 2026 Appropriation Bill, clearing the way for President Bola Tinubu to present the budget proposal to a joint session of the Senate and the House of Representatives. President Tinubu convened an emergency Council meeting at the State House, Abuja, to consider a single-item m...
By Jemimah Wellington, JKNewsMedia Correspondent ENFORCEMENT ACTION by the Federal Competition and Consumer Protection Commission (FCCPC) has resulted in the unsealing of Ikeja Electric (IKJEC) Plc headquarters following a binding undertaking by the company to comply with remedial processes over consumer rights violations. The development was...
By Ajibola Olaide, JKNewsMedia Reporters PRESIDENT BOLA Tinubu has requested the Senate’s approval for two new chief executives to lead Nigeria’s petroleum regulatory bodies following the resignations of Engineer Farouk Ahmed and Gbenga Komolafe. Both officials resigned on Wednesday from the Nigerian Midstream and Downstream Petroleum Regulat...
