FG – InfoStride News https://www.theinfostride.com Breaking News, Nigeria News and Top Stories Thu, 19 Mar 2026 07:20:22 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.theinfostride.com/wp-content/uploads/2015/07/cropped-The-InfoStride-Favicon-150x150.png FG – InfoStride News https://www.theinfostride.com 32 32 Federal Government Pushes for Food Security Amid Agricultural Challenges https://www.theinfostride.com/federal-government-pushes-for-food-security-amid-agricultural-challenges/ https://www.theinfostride.com/federal-government-pushes-for-food-security-amid-agricultural-challenges/#respond Thu, 19 Mar 2026 07:15:53 +0000 https://www.theinfostride.com/?p=435300 Nigeria is currently facing a serious food security challenge that threatens the well-being of millions across the country. Rising inflation, climate change, insecurity, and structural weaknesses in agriculture have combined to create one of the most pressing crises in recent memory. In response, the Federal Government has stepped up efforts to address these challenges with [...]

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]]> https://www.theinfostride.com/federal-government-pushes-for-food-security-amid-agricultural-challenges/feed/ 0 “Are We Ever Going To Have Stable Electricity?” – I Go Save To FG https://www.theinfostride.com/are-we-ever-going-to-have-stable-electricity-i-go-save-to-fg/ https://www.theinfostride.com/are-we-ever-going-to-have-stable-electricity-i-go-save-to-fg/#respond Thu, 19 Mar 2026 00:30:46 +0000 https://www.theinfostride.com/?p=479759 Popular comedian Comedian I Go Save has voiced his frustration over Nigeria’s deteriorating electricity supply. He recently described the current situation as the worst power failure he has witnessed in his lifetime, and fans have been reacting. According to him, it is sad to see government facilities enjoy constant power supply through solar, inverters and [...]

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]]> https://www.theinfostride.com/are-we-ever-going-to-have-stable-electricity-i-go-save-to-fg/feed/ 0 “Imprison Pastors Who Perform Fake Miracles” – Seun Kuti To FG https://www.theinfostride.com/imprison-pastors-who-perform-fake-miracles-seun-kuti-to-fg/ https://www.theinfostride.com/imprison-pastors-who-perform-fake-miracles-seun-kuti-to-fg/#respond Wed, 18 Mar 2026 00:30:32 +0000 https://www.theinfostride.com/?p=479686 Popular Afrobeat singer Seun Kuti has urged the Federal Government to enact laws regulating pastors who claim to perform miracles. He recently had his say via a viral video shared online, and fans have been reacting. Proposing that such claims should be subjected to verification by medical experts, he suggested that institutions like the Lagos [...]

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]]> https://www.theinfostride.com/imprison-pastors-who-perform-fake-miracles-seun-kuti-to-fg/feed/ 0 Obasanjo And I Have An Uncommon Respect For Each Other – Charly Boy https://www.theinfostride.com/obasanjo-and-i-have-an-uncommon-respect-for-each-other-charly-boy/ https://www.theinfostride.com/obasanjo-and-i-have-an-uncommon-respect-for-each-other-charly-boy/#respond Mon, 23 Feb 2026 23:30:07 +0000 https://www.theinfostride.com/?p=478172 Popular entertainer and activist Charly Boy has come out to speak about his relationship with former President Olusegun Obasanjo. He recently had his say via his X account, and Nigerians have been reacting. According to him, several Nigerians were shocked that a well-known critic of government could be close to a former head of state, [...]

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]]> https://www.theinfostride.com/obasanjo-and-i-have-an-uncommon-respect-for-each-other-charly-boy/feed/ 0 FG, AfDB Join Forces with Saglev to Boost Electric Vehicle Production in Nigeria https://www.theinfostride.com/fg-afdb-join-forces-with-saglev-to-boost-electric-vehicle-production-in-nigeria/ https://www.theinfostride.com/fg-afdb-join-forces-with-saglev-to-boost-electric-vehicle-production-in-nigeria/#respond Wed, 28 Jan 2026 12:00:35 +0000 https://www.theinfostride.com/?p=463452 The Federal Government of Nigeria has partnered with the African Development Bank (AfDB) and indigenous electric vehicle company, Saglev Electromobility Nigeria Limited, to accelerate electric vehicle (EV) manufacturing and clean transportation infrastructure across the country. This collaboration is seen as a major step toward reducing carbon emissions, promoting sustainable mobility, and enhancing Nigeria’s local industrial [...]

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]]> https://www.theinfostride.com/fg-afdb-join-forces-with-saglev-to-boost-electric-vehicle-production-in-nigeria/feed/ 0 FG Requires GPS Coordinates for All Projects Exceeding ₦150 Million https://www.theinfostride.com/fg-requires-gps-coordinates-for-all-projects-exceeding-%e2%82%a6150-million/ https://www.theinfostride.com/fg-requires-gps-coordinates-for-all-projects-exceeding-%e2%82%a6150-million/#respond Wed, 28 Jan 2026 08:22:19 +0000 https://www.theinfostride.com/?p=463046 The federal government has announced a new directive requiring all public sector projects valued above ₦150 million to be registered with precise GPS coordinates. This policy aims to enhance transparency, improve monitoring, and reduce corruption in infrastructure execution across Nigeria. According to the Federal Ministry of Works, Housing and Urban Development, contractors and project managers [...]

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]]> https://www.theinfostride.com/fg-requires-gps-coordinates-for-all-projects-exceeding-%e2%82%a6150-million/feed/ 0 FG Eyes $2bn Fibre Network Rollout in Q4 https://www.theinfostride.com/fg-eyes-2bn-fibre-network-rollout-in-q4/ https://www.theinfostride.com/fg-eyes-2bn-fibre-network-rollout-in-q4/#respond Fri, 23 Jan 2026 21:55:00 +0000 https://www.theinfostride.com/?p=414171 The Federal Government of Nigeria has announced plans to invest $2 billion in deploying 90,000 kilometers of fibre optic infrastructure nationwide, starting in the fourth quarter of 2025. This initiative, known as Project Bridge, aims to enhance broadband access and digital connectivity, particularly in underserved and rural communities. Minister of Communications, Innovation, and Digital Economy, [...]

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]]> https://www.theinfostride.com/fg-eyes-2bn-fibre-network-rollout-in-q4/feed/ 0 FG Tackles Energy Poverty with Mission 300 Initiative https://www.theinfostride.com/fg-tackles-energy-poverty-with-mission-300-initiative/ https://www.theinfostride.com/fg-tackles-energy-poverty-with-mission-300-initiative/#respond Thu, 22 Jan 2026 23:24:04 +0000 https://www.theinfostride.com/?p=461377   The Federal Government has unveiled an ambitious new plan, Mission 300, aimed at tackling Nigeria’s long-standing problem of energy poverty and expanding electricity access to millions of citizens who still live without reliable power. The initiative, which was announced at a stakeholders’ forum in Abuja, is part of a broader African strategy to connect [...]

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]]> https://www.theinfostride.com/fg-tackles-energy-poverty-with-mission-300-initiative/feed/ 0 FG to Review Bilateral Air Services Agreement with Jamaica https://www.theinfostride.com/fg-to-review-bilateral-air-services-agreement-with-jamaica/ https://www.theinfostride.com/fg-to-review-bilateral-air-services-agreement-with-jamaica/#respond Tue, 20 Jan 2026 22:41:09 +0000 https://www.theinfostride.com/?p=405371 The Federal Government has announced plans to review the Bilateral Air Services Agreement (BASA) between Nigeria and Jamaica, aiming to enhance air connectivity and boost economic relations between the two countries. The review is expected to address key areas such as flight frequency, operational guidelines, and potential expansion of routes to improve travel and trade [...]

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]]> https://www.theinfostride.com/fg-to-review-bilateral-air-services-agreement-with-jamaica/feed/ 0 MTN raises data prices, implements 50% tariff hike https://www.theinfostride.com/mtn-raises-data-prices-implements-50-tariff-hike/ https://www.theinfostride.com/mtn-raises-data-prices-implements-50-tariff-hike/#respond Tue, 20 Jan 2026 22:24:59 +0000 https://www.theinfostride.com/?p=402988 MTN Nigeria has increased its tariffs by 50%, raising the cost of data and other services for millions of users. The price hike, which took effect recently, has sparked mixed reactions among customers, many of whom are already grappling with rising living costs. The telecom giant attributes the increase to inflation, rising operational expenses, and [...]

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]]> https://www.theinfostride.com/mtn-raises-data-prices-implements-50-tariff-hike/feed/ 0 FG takes full control of Keystone Bank https://www.theinfostride.com/fg-takes-full-control-of-keystone-bank/ https://www.theinfostride.com/fg-takes-full-control-of-keystone-bank/#respond Tue, 20 Jan 2026 22:22:02 +0000 https://www.theinfostride.com/?p=402984 The Nigerian government has assumed full control of Keystone Bank, a move aimed at stabilizing the financial institution and ensuring its continued operations. This development comes amid increasing regulatory scrutiny and efforts to maintain the health of the country’s banking sector. The Central Bank of Nigeria (CBN) spearheaded the transition, citing the need to protect [...]

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]]> https://www.theinfostride.com/fg-takes-full-control-of-keystone-bank/feed/ 0 LCCI Urges FG to Suspend 4% Customs Charge https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/ https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/#respond Tue, 20 Jan 2026 21:11:30 +0000 https://www.theinfostride.com/?p=402768 The Lagos Chamber of Commerce and Industry (LCCI) has called on the Federal Government to suspend the newly introduced 4% Comprehensive Import Supervision Scheme (CISS) charge on imports, warning that it will worsen production costs and stifle business growth. In a statement, LCCI argued that the additional levy would place an undue burden on importers, [...]

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]]> https://www.theinfostride.com/lcci-urges-fg-to-suspend-4-customs-charge/feed/ 0 FG Loses N120bn to Illegal Private Jet Charters – Report https://www.theinfostride.com/fg-loses-n120bn-to-illegal-private-jet-charters-report/ https://www.theinfostride.com/fg-loses-n120bn-to-illegal-private-jet-charters-report/#respond Tue, 20 Jan 2026 14:25:23 +0000 https://www.theinfostride.com/?p=404569 A new report has revealed that the federal government is losing an estimated N120 billion annually due to illegal private jet charter operations. The findings indicate that unregistered operators are bypassing regulatory fees and taxes, depriving the government of significant revenue. According to industry experts, many private jet owners engage in unauthorized commercial operations without [...]

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]]> https://www.theinfostride.com/fg-loses-n120bn-to-illegal-private-jet-charters-report/feed/ 0 FG Advises Women on Capital Market Investment Opportunities https://www.theinfostride.com/fg-advises-women-on-capital-market-investment-opportunities/ https://www.theinfostride.com/fg-advises-women-on-capital-market-investment-opportunities/#respond Tue, 20 Jan 2026 14:19:55 +0000 https://www.theinfostride.com/?p=404567 The federal government has encouraged women to take advantage of opportunities in the capital market to achieve financial independence and long-term wealth creation. Officials emphasized the need for increased female participation in investments such as stocks, bonds, and mutual funds, highlighting their potential to provide stable returns and economic security. Speaking at a financial literacy [...]

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]]> https://www.theinfostride.com/fg-advises-women-on-capital-market-investment-opportunities/feed/ 0 President Appoints Ogunjimi as Accountant-General https://www.theinfostride.com/president-appoints-ogunjimi-as-accountant-general/ https://www.theinfostride.com/president-appoints-ogunjimi-as-accountant-general/#respond Tue, 20 Jan 2026 14:14:05 +0000 https://www.theinfostride.com/?p=404564 The President has appointed Taiwo Ogunjimi as the new Accountant-General of the Federation, marking a significant leadership change in the nation’s financial management. Ogunjimi, a seasoned financial expert with years of experience in public sector accounting, is expected to bring stability and efficiency to the role. His appointment comes at a crucial time when the [...]

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]]> https://www.theinfostride.com/president-appoints-ogunjimi-as-accountant-general/feed/ 0 FG, Tanker Drivers Split Over 60,000 Truck Ban Enforcement https://www.theinfostride.com/fg-tanker-drivers-split-over-60000-truck-ban-enforcement/ https://www.theinfostride.com/fg-tanker-drivers-split-over-60000-truck-ban-enforcement/#respond Tue, 20 Jan 2026 07:40:06 +0000 https://www.theinfostride.com/?p=404947 A rift has emerged between the federal government and tanker drivers over the enforcement of a ban on 60,000 unfit trucks operating across the country. The government’s decision to take unsafe petroleum tankers off the roads has sparked resistance from the drivers’ union, which argues that the move could lead to job losses, fuel distribution [...]

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]]> https://www.theinfostride.com/fg-tanker-drivers-split-over-60000-truck-ban-enforcement/feed/ 0 FG Hails Milestones of Naira-for-Crude Deal https://www.theinfostride.com/fg-hails-milestones-of-naira-for-crude-deal/ https://www.theinfostride.com/fg-hails-milestones-of-naira-for-crude-deal/#respond Mon, 12 Jan 2026 22:45:38 +0000 https://www.theinfostride.com/?p=410283 The Nigerian government has lauded the progress of its Naira-for-Crude initiative, a strategic policy aimed at enhancing the value of the naira, bolstering local refining capacities, and reducing the nation’s reliance on foreign exchange for petroleum transactions. Policy Overview Launched on October 1, 2024, the Naira-for-Crude deal permits local refineries, notably the Dangote Petroleum Refinery, [...]

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]]> https://www.theinfostride.com/fg-hails-milestones-of-naira-for-crude-deal/feed/ 0 Trade Facilitation Improves as NPA Aligns with FG’s Growth Agenda https://www.theinfostride.com/trade-facilitation-improves-as-npa-aligns-with-fgs-growth-agenda/ https://www.theinfostride.com/trade-facilitation-improves-as-npa-aligns-with-fgs-growth-agenda/#respond Mon, 12 Jan 2026 21:47:49 +0000 https://www.theinfostride.com/?p=414240 The Nigerian Ports Authority (NPA) has intensified its efforts to enhance trade facilitation by aligning with the Federal Government’s economic growth agenda. Under the leadership of Managing Director Dr. Abubakar Dantsoho, the NPA is implementing several initiatives aimed at modernizing port operations, reducing costs, and improving efficiency. Key Initiatives and Achievements: National Single Window (NSW) [...]

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]]> https://www.theinfostride.com/trade-facilitation-improves-as-npa-aligns-with-fgs-growth-agenda/feed/ 0 FG Urged to Recognise Etete’s Contributions to Oil Sector https://www.theinfostride.com/fg-urged-to-recognise-etetes-contributions-to-oil-sector/ https://www.theinfostride.com/fg-urged-to-recognise-etetes-contributions-to-oil-sector/#respond Mon, 12 Jan 2026 20:38:36 +0000 https://www.theinfostride.com/?p=414116 Calls are mounting for the Federal Government to formally acknowledge the pivotal role played by former Petroleum Minister Dan Etete in advancing Nigeria’s oil and gas industry, particularly in fostering indigenous participation and local content development. Etete, who served as Minister of Petroleum Resources from 1995 to 1998, is credited with laying the groundwork for [...]

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]]> https://www.theinfostride.com/fg-urged-to-recognise-etetes-contributions-to-oil-sector/feed/ 0 CBN Interest Earnings from FG’s Overdrafts Drop Sharply to N3.1bn https://www.theinfostride.com/cbn-interest-earnings-from-fgs-overdrafts-drop-sharply-to-n3-1bn/ https://www.theinfostride.com/cbn-interest-earnings-from-fgs-overdrafts-drop-sharply-to-n3-1bn/#respond Mon, 12 Jan 2026 19:25:26 +0000 https://www.theinfostride.com/?p=410218 The Central Bank of Nigeria has reported a significant drop in interest earnings from the Federal Government’s Ways and Means advances, collecting just N3.1 billion in 2024 compared to over N1.6 trillion the previous year. This marks a dramatic decline in revenue generated from lending to the federal government, reflecting recent changes in fiscal and [...]

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]]> https://www.theinfostride.com/cbn-interest-earnings-from-fgs-overdrafts-drop-sharply-to-n3-1bn/feed/ 0 Nigeria’s Public Debt Soars by ₦57 Trillion in 18 Months https://www.theinfostride.com/nigerias-public-debt-soars-by-%e2%82%a657-trillion-in-18-months/ https://www.theinfostride.com/nigerias-public-debt-soars-by-%e2%82%a657-trillion-in-18-months/#respond Mon, 12 Jan 2026 17:50:39 +0000 https://www.theinfostride.com/?p=410312 Nigeria’s public debt has surged by ₦57.3 trillion over the past 18 months, escalating from ₦87.38 trillion in June 2023 to ₦144.67 trillion by December 2024. This represents a 65.6% increase, as reported by the Debt Management Office (DMO). Breakdown of Debt Accumulation Federal Government Debt: Domestic Debt: The Federal Government’s domestic debt rose from [...]

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]]> https://www.theinfostride.com/nigerias-public-debt-soars-by-%e2%82%a657-trillion-in-18-months/feed/ 0 MAN urges government to make ‘Nigeria First’ policy a law https://www.theinfostride.com/man-urges-government-to-make-nigeria-first-policy-a-law/ https://www.theinfostride.com/man-urges-government-to-make-nigeria-first-policy-a-law/#respond Mon, 12 Jan 2026 13:59:56 +0000 https://www.theinfostride.com/?p=438230   The Manufacturers Association of Nigeria (MAN) has appealed to the federal government to transform the ‘Nigeria First’ policy into a binding law. The association believes that legally enforcing the policy will ensure consistent support for locally made products and services, which is vital for the growth of Nigeria’s manufacturing sector and overall economic development. [...]

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]]> https://www.theinfostride.com/man-urges-government-to-make-nigeria-first-policy-a-law/feed/ 0 FG, States and Local Governments Share N2.09 Trillion October Allocation https://www.theinfostride.com/fg-states-and-local-governments-share-n2-09-trillion-october-allocation/ https://www.theinfostride.com/fg-states-and-local-governments-share-n2-09-trillion-october-allocation/#respond Thu, 20 Nov 2025 16:58:04 +0000 https://www.theinfostride.com/?p=471964 The Federation Account Allocation Committee has released a total of N2.09 trillion to the federal government, the 36 states and the 774 local government councils as revenue for October, marking another significant injection into the Nigerian economy amid ongoing fiscal pressures. The disbursement reflects the continued rise in gross federally collected revenue, although officials confirmed [...]

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]]> https://www.theinfostride.com/fg-states-and-local-governments-share-n2-09-trillion-october-allocation/feed/ 0 May God Watch Over The Kebbi Girls Until They Return – Davido https://www.theinfostride.com/may-god-watch-over-the-kebbi-girls-until-they-return-davido/ https://www.theinfostride.com/may-god-watch-over-the-kebbi-girls-until-they-return-davido/#respond Thu, 20 Nov 2025 00:00:26 +0000 https://www.theinfostride.com/?p=471925 Popular singer Davido has expressed grief over the abduction of schoolgirls in Kebbi State. He recently described the attack on a church in Kwara State as heartbreaking and unacceptable. In a post shared on social media, Davido disclosed that his heart goes out to the young girls kidnapped in Kebbi State and their families. According [...]

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]]> https://www.theinfostride.com/may-god-watch-over-the-kebbi-girls-until-they-return-davido/feed/ 0 Nigeria’s Destiny Will Remain A Wish If We Ignore Terrorist Attacks – Nathaniel Bassey https://www.theinfostride.com/nigerias-destiny-will-remain-a-wish-if-we-ignore-terrorist-attacks-nathaniel-bassey/ https://www.theinfostride.com/nigerias-destiny-will-remain-a-wish-if-we-ignore-terrorist-attacks-nathaniel-bassey/#respond Wed, 19 Nov 2025 23:20:10 +0000 https://www.theinfostride.com/?p=471909 Popular Gospel singer Nathaniel Bassey has condemned the latest terrorist attack in Kwara and Kebbi states. He recently blasted the alleged killings of Christians and called for divine judgment on those responsible. In a press statement issued to address the disturbing attack on a Christ Apostolic Church (CAC) in Eruku, Kwara State, Bassey simply urged [...]

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]]> https://www.theinfostride.com/nigerias-destiny-will-remain-a-wish-if-we-ignore-terrorist-attacks-nathaniel-bassey/feed/ 0 LCCI Calls on FG to Support and Incentivise Nigeria’s N300bn Printing Industry https://www.theinfostride.com/lcci-calls-on-fg-to-support-and-incentivise-nigerias-n300bn-printing-industry/ https://www.theinfostride.com/lcci-calls-on-fg-to-support-and-incentivise-nigerias-n300bn-printing-industry/#respond Thu, 06 Nov 2025 15:41:16 +0000 https://www.theinfostride.com/?p=470959 The Lagos Chamber of Commerce and Industry (LCCI) has urged the Federal Government to introduce strategic policies and incentives that will revitalise Nigeria’s printing and publishing industry, currently valued at over N300 billion, but struggling under the weight of high production costs, import dependence, and unfavourable fiscal conditions. In a statement issued on Sunday, the [...]

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]]> https://www.theinfostride.com/lcci-calls-on-fg-to-support-and-incentivise-nigerias-n300bn-printing-industry/feed/ 0 NANS Gives FG, ASUU Seven-Day Ultimatum to Avert Fresh Strike https://www.theinfostride.com/nans-gives-fg-asuu-seven-day-ultimatum-to-avert-fresh-strike/ https://www.theinfostride.com/nans-gives-fg-asuu-seven-day-ultimatum-to-avert-fresh-strike/#respond Tue, 14 Oct 2025 09:00:26 +0000 https://www.theinfostride.com/?p=469180 The National Association of Nigerian Students (NANS) has issued a seven-day ultimatum to the Federal Government and the Academic Staff Union of Universities (ASUU) to resolve their lingering dispute and prevent another strike that could disrupt the nation’s academic calendar. The ultimatum was contained in a statement signed by NANS President, Olushola Oladoja, on Wednesday. [...]

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]]> https://www.theinfostride.com/nans-gives-fg-asuu-seven-day-ultimatum-to-avert-fresh-strike/feed/ 0 FG Unveils Digital Platform to Boost Code of Conduct Compliance for Public Officers https://www.theinfostride.com/fg-unveils-digital-platform-to-boost-code-of-conduct-compliance-for-public-officers/ https://www.theinfostride.com/fg-unveils-digital-platform-to-boost-code-of-conduct-compliance-for-public-officers/#respond Wed, 13 Aug 2025 12:32:35 +0000 https://www.theinfostride.com/?p=464869 The Federal Government has introduced a new digital platform designed to strengthen compliance with the Code of Conduct for public officers nationwide. The innovation, which was officially launched on Tuesday in Abuja by the Head of the Civil Service of the Federation (HCSF), Mrs. Didi Walson-Jack, aims to promote transparency, enhance accountability, and streamline the [...]

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]]> https://www.theinfostride.com/fg-unveils-digital-platform-to-boost-code-of-conduct-compliance-for-public-officers/feed/ 0 FG Deducts States’ N800bn Allocations to Pay Foreign Debt https://www.theinfostride.com/fg-deducts-states-n800bn-allocations-to-pay-foreign-debt/ https://www.theinfostride.com/fg-deducts-states-n800bn-allocations-to-pay-foreign-debt/#respond Wed, 23 Jul 2025 22:50:52 +0000 https://www.theinfostride.com/?p=405830 The Federal Government has deducted N800 billion from state allocations to service Nigeria’s mounting foreign debt, a move that has sparked concerns among state governments over dwindling resources for development projects. The deductions were made from the monthly Federation Account Allocation Committee (FAAC) disbursements, further straining the finances of many states already grappling with revenue [...]

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]]> https://www.theinfostride.com/fg-deducts-states-n800bn-allocations-to-pay-foreign-debt/feed/ 0 The only way to Reduce Inflation is by Improving Petrol Export, LCCI Urges FG https://www.theinfostride.com/the-only-way-to-reduce-inflation-is-by-improving-petrol-export-lcci-urges-fg/ https://www.theinfostride.com/the-only-way-to-reduce-inflation-is-by-improving-petrol-export-lcci-urges-fg/#respond Wed, 23 Jul 2025 22:00:53 +0000 https://www.theinfostride.com/?p=403225 The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to boost petrol exports as a strategy to curb inflation and stabilize the economy. The chamber emphasized that increasing the country’s refining capacity and export of petroleum products would reduce dependence on imports, ease foreign exchange pressure, and lower production costs. [...]

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]]> https://www.theinfostride.com/the-only-way-to-reduce-inflation-is-by-improving-petrol-export-lcci-urges-fg/feed/ 0 FG declares N300,000 Fine for Energy Theft to Curb Power Sector Losses https://www.theinfostride.com/fg-declares-n300000-fine-for-energy-theft-to-curb-power-sector-losses/ https://www.theinfostride.com/fg-declares-n300000-fine-for-energy-theft-to-curb-power-sector-losses/#respond Wed, 23 Jul 2025 22:00:43 +0000 https://www.theinfostride.com/?p=403534 Energy theft in Nigeria will now attract a fine of N300,000, according to the federal government’s new regulations aimed at curbing electricity losses. This move is part of broader efforts to address power sector inefficiencies and ensure fair billing for consumers. The penalty is targeted at individuals and businesses found guilty of illegal connections, meter [...]

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]]> https://www.theinfostride.com/fg-declares-n300000-fine-for-energy-theft-to-curb-power-sector-losses/feed/ 0 NIESV Accuses State Governments of Undermining LGs’ Authority Due To Property Taxes https://www.theinfostride.com/niesv-accuses-state-governments-of-undermining-lgs-authority-due-to-property-taxes/ https://www.theinfostride.com/niesv-accuses-state-governments-of-undermining-lgs-authority-due-to-property-taxes/#respond Wed, 23 Jul 2025 22:00:30 +0000 https://www.theinfostride.com/?p=403820 The Nigerian Institution of Estate Surveyors and Valuers (NIESV) has raised concerns over state governments encroaching on the constitutional powers of local governments to collect property taxes. According to the professional body, this interference undermines local governance and weakens the financial autonomy of local councils. Speaking at a recent event, NIESV representatives criticized the trend [...]

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]]> https://www.theinfostride.com/niesv-accuses-state-governments-of-undermining-lgs-authority-due-to-property-taxes/feed/ 0 FG Pays N15bn in Compensation to Property Owners for Lagos-Calabar Highway https://www.theinfostride.com/fg-pays-n15bn-in-compensation-to-property-owners-for-lagos-calabar-highway/ https://www.theinfostride.com/fg-pays-n15bn-in-compensation-to-property-owners-for-lagos-calabar-highway/#respond Wed, 23 Jul 2025 22:00:29 +0000 https://www.theinfostride.com/?p=403817 The Federal Government has disbursed N15 billion in compensation to property owners affected by the construction of the Lagos-Calabar coastal highway. The payment is part of efforts to fast-track the controversial project, which has faced resistance due to concerns over displacement and environmental impact. The highway, spanning approximately 700 kilometers, is expected to enhance connectivity [...]

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]]> https://www.theinfostride.com/fg-pays-n15bn-in-compensation-to-property-owners-for-lagos-calabar-highway/feed/ 0 FAAC Allocates ₦1.818 Trillion to Federal, State and Local Governments Following ₦1.39 Trillion Revenue Surge https://www.theinfostride.com/faac-allocates-%e2%82%a61-818-trillion-to-federal-state-and-local-governments-following-%e2%82%a61-39-trillion-revenue-surge/ https://www.theinfostride.com/faac-allocates-%e2%82%a61-818-trillion-to-federal-state-and-local-governments-following-%e2%82%a61-39-trillion-revenue-surge/#respond Sun, 20 Jul 2025 11:48:14 +0000 https://www.theinfostride.com/?p=462436 The Federation Account Allocation Committee (FAAC) has disbursed a substantial sum of ₦1.818 trillion to the federal government, states, and local government councils across Nigeria, following a striking increase of ₦1.39 trillion in available revenue during the latest distribution cycle. This upward shift represents one of the largest revenue inflows recorded in recent times and reflects improved [...]

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]]> https://www.theinfostride.com/faac-allocates-%e2%82%a61-818-trillion-to-federal-state-and-local-governments-following-%e2%82%a61-39-trillion-revenue-surge/feed/ 0 Stop enriching Discos with public funds, Senate tells FG https://www.theinfostride.com/stop-enriching-discos-with-public-funds-senate-tells-fg/ https://www.theinfostride.com/stop-enriching-discos-with-public-funds-senate-tells-fg/#respond Fri, 11 Jul 2025 13:40:21 +0000 https://www.theinfostride.com/?p=461669 The Nigerian Senate has called on the Federal Government to halt what it described as the continuous enrichment of electricity distribution companies (Discos) through the injection of public funds into their operations. The Senate made this resolution during plenary after heated deliberations on the state of the country’s power sector, which lawmakers say has failed [...]

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]]> https://www.theinfostride.com/stop-enriching-discos-with-public-funds-senate-tells-fg/feed/ 0 Nigeria Rescues 78 Trafficked Women from Côte d’Ivoire in Major Repatriation Effort https://www.theinfostride.com/nigeria-rescues-78-trafficked-women-from-cote-divoire-in-major-repatriation-effort/ https://www.theinfostride.com/nigeria-rescues-78-trafficked-women-from-cote-divoire-in-major-repatriation-effort/#respond Sun, 11 May 2025 19:16:04 +0000 https://www.theinfostride.com/?p=410216 In a coordinated and urgent mission, the Nigerian government has successfully rescued and repatriated 78 women who were victims of human trafficking in Côte d’Ivoire. The operation highlights the growing commitment by authorities to confront the persistent threat of human trafficking, particularly involving young Nigerian women lured abroad with false promises of employment. The rescued [...]

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]]> https://www.theinfostride.com/nigeria-rescues-78-trafficked-women-from-cote-divoire-in-major-repatriation-effort/feed/ 0 FG’s Nollywood Grants Has Only Benefited A Select Few – Jide Awobona https://www.theinfostride.com/fgs-nollywood-grants-has-only-benefited-a-select-few-jide-awobona/ https://www.theinfostride.com/fgs-nollywood-grants-has-only-benefited-a-select-few-jide-awobona/#respond Sat, 10 May 2025 17:00:07 +0000 https://www.theinfostride.com/?p=410157 Nollywood actor, Jide Awoboba, has come out to call for more inclusive government support for the Nigerian film industry He recently had his say while speaking to the press, and fans have been reacting. According to him, existing government grants in Nollywood has only benefited a select few in the movie industry thus far, and [...]

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]]> https://www.theinfostride.com/fgs-nollywood-grants-has-only-benefited-a-select-few-jide-awobona/feed/ 0 FG Blaming Governor Fubara For Its Own Security Failures Is Misplaced – Kenneth Okonkwo https://www.theinfostride.com/fg-blaming-governor-fubara-for-its-own-security-failures-is-misplaced-kenneth-okonkwo/ https://www.theinfostride.com/fg-blaming-governor-fubara-for-its-own-security-failures-is-misplaced-kenneth-okonkwo/#respond Wed, 19 Mar 2025 11:00:58 +0000 https://www.theinfostride.com/?p=405870 Nollywood actor and former spokesperson for the Labour Party, Kenneth Okonkwo has come out to react to the declaration of State of Emergency in Rivers State by President Bola Tinubu. He recently had his say via a post on his social media page, and Nigerians have been reacting. According to him, the declaration is illegal [...]

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]]> https://www.theinfostride.com/fg-blaming-governor-fubara-for-its-own-security-failures-is-misplaced-kenneth-okonkwo/feed/ 0 FG Expands Bond Listings with Over 900m Units on NGX https://www.theinfostride.com/fg-expands-bond-listings-with-over-900m-units-on-ngx/ https://www.theinfostride.com/fg-expands-bond-listings-with-over-900m-units-on-ngx/#respond Wed, 12 Mar 2025 15:12:06 +0000 https://www.theinfostride.com/?p=405217 The Federal Government has expanded its bond offerings on the Nigerian Exchange (NGX) with the listing of over 900 million units, reinforcing its commitment to deepening the country’s debt market and attracting more investors. The move is part of efforts to raise capital for infrastructure projects, manage fiscal obligations, and provide stable investment options for [...]

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]]> https://www.theinfostride.com/fg-expands-bond-listings-with-over-900m-units-on-ngx/feed/ 0 FG Signs MOU with Flutterwave on Youth Empowerment https://www.theinfostride.com/fg-signs-mou-with-flutterwave-on-youth-empowerment/ https://www.theinfostride.com/fg-signs-mou-with-flutterwave-on-youth-empowerment/#respond Sat, 08 Mar 2025 03:38:51 +0000 https://www.theinfostride.com/?p=404784 The Federal Government has signed a Memorandum of Understanding (MOU) with Flutterwave to drive youth empowerment initiatives aimed at fostering job creation and financial inclusion. The partnership seeks to equip young Nigerians with digital skills, entrepreneurship opportunities, and access to fintech solutions that can help them build sustainable careers in the digital economy. Speaking at [...]

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]]> https://www.theinfostride.com/fg-signs-mou-with-flutterwave-on-youth-empowerment/feed/ 0 Nigeria’s Real Estate Market to Reach $2.25 Trillion in 2025 – FG https://www.theinfostride.com/nigerias-real-estate-market-to-reach-2-25-trillion-in-2025-fg/ https://www.theinfostride.com/nigerias-real-estate-market-to-reach-2-25-trillion-in-2025-fg/#respond Wed, 29 Jan 2025 14:39:33 +0000 https://www.theinfostride.com/?p=401929 The Federal Government has projected that Nigeria’s real estate sector will grow to an estimated value of $2.25 trillion by 2025, driven by increasing urbanization, infrastructure development, and rising demand for housing and commercial spaces. The Minister of Housing and Urban Development, Ahmed Dangiwa, made this announcement while addressing industry stakeholders in Abuja. He emphasized [...]

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]]> https://www.theinfostride.com/nigerias-real-estate-market-to-reach-2-25-trillion-in-2025-fg/feed/ 0 FG Considers N300 Million Fine for Royal Air Maroc Over Passenger Rights Violations https://www.theinfostride.com/fg-considers-n300-million-fine-for-royal-air-maroc-over-passenger-rights-violations/ https://www.theinfostride.com/fg-considers-n300-million-fine-for-royal-air-maroc-over-passenger-rights-violations/#respond Thu, 23 Jan 2025 11:05:40 +0000 https://www.theinfostride.com/?p=401485 The Federal Government is preparing to impose a fine of N300 million on Royal Air Maroc for alleged infractions against passenger rights in Nigeria. The proposed sanction follows multiple complaints from passengers regarding the airline’s failure to comply with aviation regulations and standards. According to the Nigerian Civil Aviation Authority (NCAA), the infractions include consistent [...]

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]]> https://www.theinfostride.com/fg-considers-n300-million-fine-for-royal-air-maroc-over-passenger-rights-violations/feed/ 0 FG Backs Tariff Hike Despite Legal Challenges from SERAP and Subscribers https://www.theinfostride.com/fg-backs-tariff-hike-despite-legal-challenges-from-serap-and-subscribers/ https://www.theinfostride.com/fg-backs-tariff-hike-despite-legal-challenges-from-serap-and-subscribers/#respond Wed, 22 Jan 2025 20:55:35 +0000 https://www.theinfostride.com/?p=401441 The Federal Government has stood firm in its decision to implement a tariff hike, despite growing resistance from the Socio-Economic Rights and Accountability Project (SERAP) and numerous consumer advocacy groups. Critics argue that the increase will impose undue hardship on citizens already grappling with economic difficulties. SERAP has expressed its readiness to take legal action [...]

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]]> https://www.theinfostride.com/fg-backs-tariff-hike-despite-legal-challenges-from-serap-and-subscribers/feed/ 0 NLC Criticizes Fresh Petrol Price Hike, Calls FG Insensitive https://www.theinfostride.com/nlc-criticizes-fresh-petrol-price-hike-calls-fg-insensitive/ https://www.theinfostride.com/nlc-criticizes-fresh-petrol-price-hike-calls-fg-insensitive/#respond Mon, 20 Jan 2025 10:05:12 +0000 https://www.theinfostride.com/?p=401113 The Nigeria Labour Congress (NLC) has condemned the recent increase in petrol prices, describing the move as a display of insensitivity by the Federal Government. The hike, which has sparked widespread concern, comes at a time when many Nigerians are grappling with rising living costs and economic challenges. In a statement, the NLC expressed disappointment, [...]

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]]> https://www.theinfostride.com/nlc-criticizes-fresh-petrol-price-hike-calls-fg-insensitive/feed/ 0 Insurance Firms Achieve N519 Billion Market Capitalization Milestone https://www.theinfostride.com/insurance-firms-achieve-n519-billion-market-capitalization-milestone/ https://www.theinfostride.com/insurance-firms-achieve-n519-billion-market-capitalization-milestone/#respond Fri, 17 Jan 2025 13:34:21 +0000 https://www.theinfostride.com/?p=400887 The insurance sector has solidified its position as a critical player in Nigeria’s economy, with 20 firms collectively achieving a market capitalization of N519 billion. This milestone underscores the resilience and growth potential of the industry amidst challenging economic conditions. The achievement is a testament to the sector’s ability to attract investor confidence, bolstered by [...]

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]]> https://www.theinfostride.com/insurance-firms-achieve-n519-billion-market-capitalization-milestone/feed/ 0 Government to Modernize Free Zones Operations, Says Minister https://www.theinfostride.com/government-to-modernize-free-zones-operations-says-minister/ https://www.theinfostride.com/government-to-modernize-free-zones-operations-says-minister/#respond Fri, 17 Jan 2025 13:30:10 +0000 https://www.theinfostride.com/?p=400885 The Federal Government has unveiled plans to modernize the operations of free trade zones across Nigeria to enhance their efficiency and global competitiveness. This initiative aims to attract more foreign and local investments, boost exports, and create jobs. Minister of Industry, Trade, and Investment, Doris Anite, disclosed this during a recent meeting with stakeholders in [...]

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]]> https://www.theinfostride.com/government-to-modernize-free-zones-operations-says-minister/feed/ 0 Federal Government Targets N1.8 Trillion from Bond Market in Q1 https://www.theinfostride.com/federal-government-targets-n1-8-trillion-from-bond-market-in-q1/ https://www.theinfostride.com/federal-government-targets-n1-8-trillion-from-bond-market-in-q1/#respond Fri, 17 Jan 2025 13:25:44 +0000 https://www.theinfostride.com/?p=400882 The Federal Government of Nigeria has announced plans to raise N1.8 trillion from the bond market in the first quarter of 2025. This initiative is part of its broader strategy to finance critical infrastructure projects, manage budget deficits, and stimulate economic growth. The Debt Management Office (DMO) disclosed the details in its quarterly issuance calendar, [...]

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]]> https://www.theinfostride.com/federal-government-targets-n1-8-trillion-from-bond-market-in-q1/feed/ 0 Research Group Urges FG to Develop New Terminals and Warehouses to Enhance Trade Efficiency https://www.theinfostride.com/research-group-urges-fg-to-develop-new-terminals-and-warehouses-to-enhance-trade-efficiency/ https://www.theinfostride.com/research-group-urges-fg-to-develop-new-terminals-and-warehouses-to-enhance-trade-efficiency/#respond Thu, 16 Jan 2025 15:11:06 +0000 https://www.theinfostride.com/?p=400796 A prominent research group has called on the Federal Government to prioritize the development of new terminals and warehouses across the country to improve trade efficiency and support broader economic growth. According to the group, the lack of adequate infrastructure, particularly in logistics and storage facilities, has become a major hindrance to Nigeria’s competitiveness in [...]

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]]> https://www.theinfostride.com/research-group-urges-fg-to-develop-new-terminals-and-warehouses-to-enhance-trade-efficiency/feed/ 0 FG Allocates N8.73bn for Airport Power Infrastructure in 2024 https://www.theinfostride.com/fg-allocates-n8-73bn-for-airport-power-infrastructure-in-2024/ https://www.theinfostride.com/fg-allocates-n8-73bn-for-airport-power-infrastructure-in-2024/#respond Tue, 31 Dec 2024 02:37:27 +0000 https://www.theinfostride.com/?p=399402 The Federal Government of Nigeria has earmarked N8.73 billion for the development and upgrade of power infrastructure at the country’s airports in 2024. This investment is part of the government’s ongoing efforts to enhance airport facilities and improve overall passenger experience. The allocation is set to address critical power supply issues, which have long been [...]

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]]> https://www.theinfostride.com/fg-allocates-n8-73bn-for-airport-power-infrastructure-in-2024/feed/ 0 FG Allocates ₦1tn for Special Power Interventions and Multilateral Projects https://www.theinfostride.com/fg-allocates-%e2%82%a61tn-for-special-power-interventions-and-multilateral-projects/ https://www.theinfostride.com/fg-allocates-%e2%82%a61tn-for-special-power-interventions-and-multilateral-projects/#respond Mon, 30 Dec 2024 23:03:02 +0000 https://www.theinfostride.com/?p=399333 The Federal Government has earmarked ₦1 trillion in the 2024 budget for special power sector interventions and multilateral projects aimed at addressing Nigeria’s energy challenges. The allocation underscores the government’s commitment to improving electricity supply, expanding infrastructure, and accelerating the transition to renewable energy. The funding will support several critical initiatives, including the rehabilitation of [...]

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