FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.
The Nigerian Army dismantled 16 illegal refineries, arrested 23 oil thieves, and recovered over 67,000 liters of stolen products in the Niger Delta region.
The president has addressed Rivers State stakeholders by requesting they observe the Supreme Court decision while seeking peace during political tensions that continue to rise.
The federal government’s decision to rename the Ministry of Niger Delta Development has sparked mixed reactions, with leaders concerned about regional development.
Former federal lawmaker Farah Dagogo has accused Niger Delta governors of mismanaging the 13% derivation funds, leaving oil-producing communities in poverty despite the influx of billions of naira.
Nigerian officials are working together to tackle oil theft and pipeline vandalism in the Niger Delta, hoping to boost oil production and strengthen the country's economy.
FG domestic borrowing reached N8.1 trillion in the first quarter of 2026, a 7.4 percent year-on-year rise that already overshoots the quarterly benchmark the 2026 Appropriation Act implies.
Nigeria's manufacturing sector contributed N2.05 trillion in total taxes in 2025, with VAT and Company Income Tax both posting double-digit gains, according to the National Bureau of Statistics.