The Federal Government has announced a series of major structural reforms within the agricultural sector aimed at mitigating production risks and enhancing national food security. The initiative, centered on the restructuring and recapitalization of the Nigerian Agricultural Insurance Corporation (NAIC) and the launch of the Renewed Hope Cooperative Reform Programme, seeks to modernize the support […]
The Federal Government has announced a strategic plan to implement 30% of the 2025 capital budget by November 30, 2026, while rolling over the remaining 70% into the 2026 fiscal framework. This move, directed by President Bola Tinubu, aims to fast-track delayed project execution and resolve outstanding financial obligations that have accrued due to previous […]
The federal government says it has disbursed N152 billion to contractors for what it described as “verified contracts”. In a statement issued on Thursday, Doris Uzoka-Anite, minister of state for finance, said the payments were subjected to rigorous verification processes in line with existing laws and regulations. Uzoka-Anite acknowledged the financial strain contractors have […]