Think of this as the “price tag” for Nigeria’s next big democratic event. Basically, the people in charge of voting (INEC) just went to the government and said, “Here is how much money we need to make sure everyone can vote in 2027.” Here is the breakdown of the ₦874 Billion plan in simple terms: 1. Where…
The Independent National Electoral Commission (INEC) has unveiled a projected budget of ₦873,778,401,602.08 for the 2027 general elections. INEC Chairman, Joash Amupitan, presented the proposal to the National Assembly Joint Committee on Electoral Matters alongside the Commission’s separate ₦171 billion budget for the 2026 fiscal year. Financial Breakdown The multi-billion naira estimate is categorized into five primary…
Abuja — President Bola Tinubu has directed state governments to begin sharing the cost of electricity subsidy with the Federal Government, marking a major fiscal shift in the management of Nigeria’s power sector. Funding for the subsidy will now be drawn from the Power Assistance Consumers Fund (PCAF), a government-backed pool designed to support low-income…
The Federal High Court in Abuja has struck out an ex-parte motion filed by Nnamdi Kanu, the convicted leader of the Indigenous People of Biafra (IPOB), seeking his transfer from the Sokoto Correctional Centre. Justice James Omotosho dismissed the application on Monday after it was withdrawn by Kanu’s counsel from the Legal Aid Council of…
The Nigeria Labour Congress (NLC) has ordered its affiliate unions in the Federal Capital Territory (FCT) to continue the ongoing strike by workers of the FCT Administration, openly defying a court order directing the suspension of the industrial action. In a circular issued on January 27, 2026, the labour centre urged workers to intensify the…
The Manufacturers Association of Nigeria (MAN) has criticised the National Agency for Food and Drug Administration and Control (NAFDAC) over its renewed enforcement of a ban on sachet and small PET-bottled alcoholic beverages, warning that the action is disrupting legitimate businesses and threatening jobs. MAN said the move contradicts existing federal directives and legislative resolutions,…
The Federal Government has successfully issued a ₦501 billion inaugural bond to settle legacy debts owed to power generation companies (Gencos) under the Presidential Power Sector Debt Reduction Programme (PPSDRP), recording 100 per cent subscription from pension funds, banks and asset managers. The landmark financing move comes amid renewed concerns over grid stability after Nigeria…
