By Jemimah Wellington, JKNewsMedia Correspondent STRONG INVESTOR demand has backed a N501 billion inaugural bond issued by the Federal Government of Nigeria (FGN) under the Presidential Power Sector Debt Reduction Programme (PPSDRP), with participation from pension funds, banks, asset managers and other investors. JKNewsMedia.com reports that...
By Jemimah Wellington, JKNewsMedia Correspondent EXTORTION LINKED to electricity meter installation has been outlawed, with the Federal Government banning distribution companies and installers from collecting any payment and warning that offenders will face prosecution. JKNewsMedia.com reports that the Minister of Power, Adebayo Adelabu, issu...
By Jemimah Wellington, JKNewsMedia Correspondent EFFORTS TO sanitise and standardise textbooks and instructional materials used in Nigerian schools have led to the inauguration of a standing committee focused on book ranking and selection at the basic and senior secondary education levels. JKNewsMedia.com reports that the Federal Government h...
By Jemimah Wellington, JKNewsMedia Correspondent CLAIMS OVER the siting of a gold refinery in Lagos have drawn a response from the Ministry of Solid Minerals Development (MSMD) following a statement attributed to the Northern Elders Forum (NEF) and signed by its spokesperson, Professor Abubakar Jika Jiddere. The ministry said the allegation t...
By Jemimah Wellington, JKNewsMedia Correspondent has shifted in the long standing standoff between the Federal Government and the Academic Staff Union of Universities with the signing of a renegotiated agreement intended to stabilise Nigeria’s public tertiary education system. The agreement was signed and unveiled on Wednesday at the Tertiary...
By Joke Kujenya CALLS FOR confidence and unity have gone out to the Super Eagles as the Federal Government (FG) urged the national team to approach their Africa Cup of Nations (AFCON) semi-final against Morocco with belief and togetherness. In a statement on Wednesday, the minister of information and national orientation, Mohammed Idris, said...
By Temitope Ajayi PUBLIC DEBATE on government finances in Nigeria is once again clouded by confusion, little knowledge, and deliberate misrepresentation. At the centre of the current controversy is a misunderstanding of the distinction between total revenue generated by government agencies and the portion that actually belongs to the federal ...
By JKNewsMedia Reporter NEW YEAR greetings from the Minister of Power, Adebayo Adelabu, set out plans to consolidate progress recorded in Nigeria’s power sector in 2025, with 2026 identified as a year for delivering more reliable, accessible and sustainable electricity nationwide. He said the outgoing year involved laying foundations across t...
By Stella Onyebuchi, JKNewsMedia Reporter ASSURANCES OVER personal bank accounts and income declarations have been issued as the Federal Government prepares to roll out sweeping tax reforms from 1 January 2026, following growing public concern over how the changes will be enforced. Clarifying the scope of the reforms, the Chairman of the Pres...
By Jemimah Wellington, JKNewsMedia Correspondent IMPLEMENTATION OF Nigeria’s new tax laws will proceed as scheduled, with remaining provisions set to commence on January 1, 2026, following a reaffirmation by President Bola Tinubu on December 30, 2025. The President stated that the new tax laws, including those that took effect on June 26, 2025...
