By Ayomide Otitoju The Federal Government and the Academic Staff Union of Universities (ASUU) have signed a new agreement aimed at improving the quality of university education and ensuring stability in Nigeria’s tertiary education system. The agreement, which replaces the 2009 pact that led to several industrial actions over unresolved issues, was signed and unveiled…
By Ayomide Otitoju The Federal Government and the Academic Staff Union of Universities (ASUU) will on Wednesday, January 14, formalise a new agreement aimed at improving the quality of Nigeria’s university education system and ensuring stability in the sector. The ceremony will take place at the Tertiary Education Trust Fund (TETFund) Conference Hall in Maitama,…
By Ayomide Otitoju The Federal Government and electricity generation companies (GenCos) have agreed on a comprehensive payment plan to settle outstanding debts under the Presidential PowerA statement released on Tuesday by the Special Adviser to the President on Energy, Olu jen, said the framework, approved by President Bola Tinubu, is designed to address structural bottlenecks…
By Ayomide Otitoju The Federal Government and the Manufacturers Association of Nigeria (MAN) have renewed their commitment to tackling challenges in Nigeria’s export sector, revamping the Export Expansion Grant (EEG) scheme, and boosting non-oil exports to drive economic growth. Speaking at the Annual General Meeting of the Manufacturers Association of Nigeria Export Promotion Group (MANEG)…
By Ayomide Otitoju The Federal Government and the NNPC Limited/FIRST Exploration and Petroleum Development Company (FIRST E&P) Joint Venture (JV) have emphasized the need for collaboration among stakeholders in oil-producing communities to drive sustainable development. This call was made by the Managing Director of FIRST E&P, Ademola Adeyemi-Bero, and the Minister of State for Petroleum…
By Ayomide Otitoju The Federal Government, through the Nigerian National Petroleum Company Limited (NNPCL), has launched a comprehensive rehabilitation project for 5,120 kilometers of pipelines used to transport crude oil and other petroleum products across Nigeria. The initiative, aimed at bolstering energy security and reducing environmental impact, was disclosed by NNPCL Group Chief Executive Officer…
The Federal Government, in partnership with the World Bank, is set to commence a major rural electrification project in November, aimed at providing electricity to 17.5 million Nigerians. This was revealed by the Managing Director of the Rural Electrification Agency (REA), Abba Aliyu, during an appearance on Channels Television’s Sunrise Daily on Thursday. Aliyu stated…
The Federation Accounts Allocation Committee (FAAC) has shared a total of ₦1.203 trillion in August 2024 revenue among the Federal Government, states, and local government councils. The distribution was announced during the September 2024 FAAC meeting held in Abuja and chaired by Wale Edun, the Minister of Finance and Coordinating Minister of the Economy. In…