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Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
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Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
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FG Vows Crackdown on Forced Fruit Ripening, Adulterated Oil

FG vows to punish traders using toxic chemicals for forced fruit ripening and adulterated oil as agencies intensify food safety crackdown.
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FCT Farmers Struggle as Fertiliser Prices Increase

Farmers in Abuja’s Bwari Area Council say rising fertiliser prices threaten food production, leaving smallholders struggling to balance costs and survival.
Business

Adesina Applauds Kaduna’s Launch of Agro-Industrial Zone

Akinwumi Adesina celebrates Kaduna's launch of Nigeria's first agro-industrial zone, a step toward transforming agriculture and boosting local economy
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Nigeria Unveils Plan to Tackle Inflation, Boost Jobs

Nigeria’s finance minister introduces economic reforms focused on reducing inflation, creating jobs, and fostering growth in agriculture, housing, and oil sectors.
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Nigeria Pledges 25% Cut in Post-Harvest Losses for Food Security

Nigeria commits to reducing post-harvest losses by 25%, boosting food security and jobs through the Special Agro-Industrial Processing Zones initiative.
Business

Massive Tractor Procurement Aims at Enhanced Food Production

Nigeria's government acquires 500 tractors, aiming to modernize agriculture and boost food production significantly.
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GYSAPEO Pushes for Agricultural Investment, Targets 10 Million Youths

GYSAPEO advocates for increased agricultural investment by the Nigerian government to counteract food price hikes, aiming to support 10 million youths.

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Business

Obasanjo says 13% derivation is only a start for oil-producing states

Former president Olusegun Obasanjo says the 13% derivation is only a starting point for oil producing states, as Bayelsa governor Douye Diri calls it inadequate.
News

Nigeria spent N7.7 trillion on debt interest in six months, 124% of its revenue, World Bank says

Nigeria spent N7.7 trillion on interest in the first half of 2026, equal to 124.2% of its N6.2 trillion revenue, according to the World Bank.
News

Nigeria opens 2026 licensing round with 40 oil blocks as output hits 1.82 million barrels a day

Nigeria has launched its 2026 oil licensing round, offering 40 blocks across land, shallow water and deepwater, as crude and condensate output rises to 1.82 million barrels a day.
News

“Even a pregnant woman suffers”: Ogun’s Oke Sefu residents beg Gov. Abiodun to fix flooded, pothole-ridden road

Residents of Oke Sefu community in Ibafo, Ogun State, are appealing to the state government to repair a flooded, pothole-ridden access road that has disrupted livelihoods.