Sukuk FG Raises N11 Trillion to Fund 124 Road Projects

Racheal A. ARD 16 December 2024

Sukuk and other Islamic finance instruments – ARDnig The Federal Government has raised N1.1 trillion through Sukuk to finance 124 road projects, impacting over 5,820 kilometers across Nigeria. The success of Islamic finance extends to mutual funds, Shariah-compliant stocks, and real

FG Declares Monday Public Holiday for Eid-ul-Mawlid Celebration 

Racheal A. ARD 14 September 2024

Minister of Interior, Dr. Olubunmi Tunji-Ojo, acting on behalf of the Federal Government – ARDnig The Federal Government declared Monday, 16th September 2024, a public holiday for Eid-ul-Mawlid, urging Nigerians to reflect on patience, sacrifice, and unity. The holiday marks the celebration of the Prophet Muhammad’s birth and calls for prayers for peace and

FG to Address Rising Cooking Gas Prices as It Distributes Cylinders in Lagos 

Adetutu A. ARD 27 August 2024

At The Event The Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, has assured Nigerians that the Federal Government is working hard to reduce the increasing cost of Liquefied Petroleum Gas (LPG), commonly known as cooking gas.  Gas Prices Surge  Speaking during an event in Lagos where gas cylinders were given to 300 women, […]

FG Enforces 18-Year Age Limit for WAEC and NECO Exams 

Adetutu A. ARD 26 August 2024

Students In Class The Federal Government of Nigeria has announced that only individuals aged 18 and above will be allowed to take the West African Examinations Council (WAEC) and National Examinations Council (NECO) exams. This was revealed by the Minister of Education, Prof. Tahir Mamman, during an interview on Channels Television’s “Sunday Politics.  Age

FG Installs Power Plants in Six Universities 

Adetutu A. ARD 23 August 2024

The Federal Government, through the Rural Electrification Agency (REA), has installed power plants in six federal universities. This move is aimed at providing reliable electricity to key sectors in Nigeria.  Universities Benefiting from the Project  The universities that have received these power plants are:  REA’s Progress in Electrification  According to Abba

FG Threatens to Revoke Licenses of Fuel Marketers Over Petrol Hoarding 

Adetutu A. ARD 17 August 2024

On Friday, long lines of vehicles were seen at fuel stations across Abuja, Niger, Nasarawa, Kaduna, and other states as the fuel scarcity continues. Some stations were closed due to a lack of petrol, while others sold at very high prices. For example, in the Kado area of Abuja, some stations sold petrol for as […]

NLC Urges Federal Government to Focus on Nigerians’ Welfare Amid Hardship 

Adetutu A. ARD 8 August 2024

The Nigeria Labour Congress (NLC) has called on the Federal Government to implement policies that will reduce the suffering of Nigerians. This appeal was made by NLC President, Joe Ajaero, in a statement co-signed by the NLC General Secretary, Emmanuel Ugboaja, after an emergency meeting in Abuja.  Reversal of Harmful Policies   During the meeting, the […]

Nigeria’s Federal Government Approves N1.455 Trillion for Road Projects

Racheal A. ARD 31 July 2024

President Bola Tinubu Approved N1.455 Trillion for road Project – ARDnig The Nigerian Federal Government has approved a massive investment of N1.455 trillion for road construction projects across thirteen states, enhancing key routes like the Abeokuta-Iboro-Ilaro Road and the Benin-Akure-Ilesha Road. Additionally, the government is procuring 7,887 dialysis

New Minimum Wage Agreement: FG Reportedly Agrees on ₦70,000 

Adetutu A. ARD 19 July 2024

In a significant move for Nigerian workers, the Federal Government (FG) has reportedly agreed to a new minimum wage of ₦70,000. This decision aims to improve the living standards of workers across the country and address the rising cost of living.  Background  The push for a higher minimum wage has been a hot topic in […]

Finance Minister to Present Plan to President Tinubu Today On Minimum wage.

Adetutu A. ARD 6 June 2024

The Federal Government and labor unions postponed their minimum wage talks until today, awaiting a salary template from Finance Minister Wale Edun. President Tinubu directed Edun to present cost implications for a new minimum wage within 48 hours. Following a two-day nationwide strike, both parties aim to finalize a new, sustainable wage quickly, with collaboration […]