By Jemimah Wellington, JKNMedia Reporter HOUSING CONSTRUCTION has been spotlighted as a pivotal force for economic growth and poverty alleviation in Nigeria. Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, stressed this during the ceremony for the 250-unit Renewed Hope Estate in Akwa Ibom on June 28, 2024 where he noted tha...
By Joke Kujenya A SIGNIFICANT improvement has been announced in the country’s economic indicators, revealing a 15% reduction in total debt stock in US dollar terms for the first quarter of 2024. The announcement came via the Finance Minister, Wale Edun, after a Federal Executive Council (FEC) meeting presided over by President Bola Tinub...
By Joke Kujenya FURTHER INSIGHTS have been provided on Nigeria’s public debt which surged from N97.34 trillion in December 2023 to N121.67 trillion in March 2024 as elucidated by Patience Oniha, the Director-General of the Debt Management Office (DMO). Speaking on the need to shed more light and attributing this increase largely to exchange ra...
By Joke Kujenya HEAD OF Corporate Communications, National Identity Management Commission (NIMC), Mr. Kayode Adegoke, have categorically denied reports circulating online suggesting the illegal exposure of sensitive data of Nigerian citizens. Issuing a statement to clarify and reassure the public, Adegoke reiterated that the data of Nigerians ...
By Jemimah Wellington, JKNMedia Reporter AMID CLAIMS suggesting plans for the procurement of new aircraft for President Bola Tinubu and Vice President Kashim Shettima by the federal government, Senate President Akpabio has refuted and dismissed the reports as false. He addressed reporters in Maiduguri after visiting Senator Tahir Monguno to of...
By Ajibola Olaide, JKNMedia Reporter A 14-DAY delay has been announced by the Nigerian Education Loan Fund (NELFUND) in the commencement of the student loan application process for state institutions. This unexpected postponement, moving the application start date from June 25, 2024, to July 10, 2024, is attributed to insufficient data submiss...
By Jemimah Wellington, JKNMedia Reporter PRINCIPALS OF Federal Unity Colleges (FUCs) nationwide have been instructed to implement stringent measures to prevent the spread of cholera within their institutions in a directive was issued by Dr. Yusuf Sununu, the Minister of State for Education, during an interactive session in Abuja. As Nigeria gr...
By Joke Kujenya IN FUNDING to support Nigeria’s economic stabilization and reform initiatives, the World Bank has approved $2.25 billion loan. The package includes $1.5 billion for the Nigeria Reforms for Economic Stabilization to Enable Transformation (RESET) Development Policy Financing Programme and $750 million for the Nigeria...
By Joke Kujenya AS NIGERIA celebrates her 25th consecutive year of democratic governance, President Bola Tinubu has described it as a testament to the nation’s enduring commitment to democracy which also marks the 31st anniversary of the landmark 1993 presidential election. In his address to the nation, President Tinubu stressed the significan...
By Joke Kujenya WEDNESDAY, JUNE 12, 2024 has been officially designated as a public holiday in honour of Democracy Day by the federal government of Nigeria. This announcement was made by the Minister of Interior, Olubunmi Tunji-Ojo, through a statement issued by Aishetu Ndayako, the permanent secretary in the Ministry of Interior, on Tuesday. ...
