Category: Nigeria news
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FG, States Clamp Down on Residential Mining and Plastic Waste
The Federal Government and all 36 state governments have ordered a nationwide ban on mineral processing plants within residential areas, aiming to protect public health and the environment. The directive also legally requires plastic manufacturers and bottling companies to manage the entire lifecycle of their products. These measures were announced in a communiqué following the
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FG Power Sector Debt Set to Hit N6.4 Trillion by 2025, Raising Concerns for GENCOs
The Federal Government’s indebtedness to power generation companies (GENCOs) is projected to reach N6.4 trillion by the end of 2025, up from the previously reported N6 trillion in October, representing a 6.25% increase. Investigation shows that the debts, which include legacy obligations, were incurred between 2015 and 2025. Col. Sani Bello (Retd), Chairman of the
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Nigerian Army Repels Drone Attack in Borno, Rescues Kidnap Victim in Benue
Nigerian Army troops operating under Operation Hadin Kai (OPHK) successfully repelled a terrorist drone attack at Forward Operating Base (FOB) Molai in Delwa village, Konduga Local Government Area, Borno State, on December 16. The terrorists deployed four armed drones equipped with explosives, but the troops neutralized the threat. Efforts are ongoing to trace the launch
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UBA, CIG Motors, Lagride Launch $100 Million Vehicle Financing Scheme
United Bank for Africa (UBA) Plc has partnered with CIG Motors, Lagride, and the Lagos State Government to introduce a $100 million vehicle financing scheme designed to redefine urban mobility and enhance financial inclusion in Nigeria. The initiative, titled “Drive to Own”, allows beneficiaries to acquire a CIG or Lagride vehicle by paying just 10%
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Senate Demands Accountability on Safe Schools Project Funding
The Safe Schools Project was launched after the 2014 Chibok abduction of 276 schoolgirls in Borno State, aimed at preventing future attacks on students. The project was initially funded with over $30 million from the Federal Government, foreign donors, and international organizations. Recently, the Senate set up an Ad Hoc Committee, led by Senator Orji
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Nigeria Boosts Local Fish Production Amid Blue Economy Drive
Nigeria’s local fish production has risen to 1.4 million metric tonnes in 2025, up from 1.1 million metric tonnes, reflecting the Federal Government’s efforts to strengthen domestic output, cut imports, and improve food security. Minister of Marine and Blue Economy, Adegboyega Oyetola, attributed the growth to enhanced agency coordination, better sector planning, adoption of technology,
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Labour Demands Urgent Action on Insecurity, Protests Across Nigeria
The Nigeria Labour Congress (NLC) staged nationwide protests yesterday to demand urgent federal government action to tackle the worsening insecurity across the country. Labour leaders insisted that those funding insecurity must be arrested and prosecuted, and called for the protection of workers, communities, and public confidence. In Abuja, heavy security prevented protesters from advancing beyond
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Nigeria Customs Imposes 3% Penalty on Banks for Late Revenue Transfers
The Nigeria Customs Service (NCS) has announced a three per cent fine on Designated Banks that fail to remit collected revenue within the stipulated timelines, following discoveries of delays in transactions processed through its B’odogwu platform. The Service noted that reconciliation of transactions revealed that some banks delayed transferring revenues owed to the Federal Government,
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Bakers Say No Major Drop in Flour Prices, Urge Public to Understand Costs
The Premium Breadmakers Association of Nigeria (PBAN) has dismissed a viral social media post claiming that flour prices have dropped to N35,000–N40,000 per 50kg bag and that bakers are “refusing” to lower bread prices accordingly. Emmanuel Onyoh, PBAN’s General Secretary, described the claims as false and a deliberate attempt to mislead the public against “hardworking
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Lekki Deep Seaport Hits 50% Capacity Amid Strong Cargo Growth
Lekki Deep Seaport has announced that it now operates at nearly 50 percent of its trade capacity, with steady month-on-month growth in container throughput since September 2025. Recent data from Nigeria’s Trade by Top 10 Ports of Operation report shows that Lekki Deep Seaport handled an estimated N13.46 trillion in total trade value—including imports and
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