KEY POINTS
Adebayo Adelabu has resigned as Minister of Power, effective April 30, 2026.
He cited his intention to contest the Oyo State governorship and comply with electoral laws.
His exit marks a significant development ahead of upcoming elections in the state.
Nigeria’s Minister of...
KEY POINTS
FG, states, and LGs received allocations from March 2026 revenue, with oil-producing states getting ₦120.759 billion derivation.
The finance minister chaired his first FAAC meeting, marking another ₦2 trillion-plus distribution this year.
Statutory revenue increased, but VAT and key oil-related revenues recorded...
Nigeria says fuel subsidy removal freed resources for national development, redirecting funds into infrastructure, health, and education despite public hardship.
Ogun faces a population boom that outpaces infrastructure, leaving planners worried about strained towns, worsening traffic, and growing risks of urban collapse.