FGN

Jul
29
2026
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By Abia ThinkTank
FGN Overshoots Borrowing Limit As New Debt Reaches N12.62 Trillion

FGN Overshoots Borrowing Limit As New Debt Reaches N12.62 Trillion

FGN, Economy, News Flash
FG Overshoots Borrowing Limit As New Debt Reaches N12.62 Trillion The Federal Government exceeded its 2024 borrowing target by N4.79 trillion after a wider-than-projected budget deficit forced it to raise significantly more financing than originally planned, the Budget Office of the Federation has disclosed. According to the latest Fourth Quarter and Consolidated Budget Implementation Report for 2024, the Federal Government’s new borrowings rose to N12.62tn, exceeding the budgeted N7.83tn by N4.79tn, or 61.2 per cent. The higher borrowing requirement followed a substantial revenue shortfall, which pushed the fiscal deficit to N13.51tn, well above the approved deficit of N9.18tn. The report…
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Jul
15
2026
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By Abia ThinkTank
‘Cooperation Isn’t Surrender’, Akpabio Defends National Assembly-Tinubu Ties

‘Cooperation Isn’t Surrender’, Akpabio Defends National Assembly-Tinubu Ties

FGN, National Assembly, News Flash
‘Cooperation Isn’t Surrender’, Akpabio Defends National Assembly-Tinubu Ties Senate President Godswill Akpabio has defended the cordial relationship between the National Assembly and President Bola Ahmed Tinubu, saying cooperation between both arms of government is driven by the national interest and should not be misconstrued as a surrender of the legislature’s constitutional independence. Speaking at the opening of the 2026 National Assembly Open Week in Abuja, Akpabio said the legislature would continue to work constructively with the executive while carrying out its constitutional responsibility. He stressed that the National Assembly was created to serve the people and should remain open, transparent…
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Jul
15
2026
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By Abia ThinkTank
CBN Owing FGN N5.3 Trillion Unremitted Operating Surplus, Refused To Pay – OAGF

CBN Owing FGN N5.3 Trillion Unremitted Operating Surplus, Refused To Pay – OAGF

CBN/Commercial Banking, Economy, FGN
CBN Owing FG N5.3 Trillion Unremitted Operating Surplus, Refused To Pay – OAGF The Office of the Accountant General of the Federation (OAGF) has told the House of Representatives Committee on Public Accounts that the Central Bank of Nigeria was indebted to the government by N5.3 trillion, representing unremitted revenue from its operating surplus. Director, Revenue and Investment, in the OAGF, Makinde Mogaji disclosed this while responding to questions from members of the committee when the Accountant General of the Federation, Shamsedeen Babatunde Ogunjimi, appeared before the Committee to defend audit queries from the office of the Auditor General for…
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Jul
14
2026
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By Abia ThinkTank
FGN Suspends Proposed Increase In WAEC, NECO Registration Fees For 2027 Exams

FGN Suspends Proposed Increase In WAEC, NECO Registration Fees For 2027 Exams

Education, FGN, News Flash
FG Suspends Proposed Increase In WAEC, NECO Registration Fees For 2027 Exams The Federal Government has suspended the proposed review of registration fees for the 2027 West African Senior School Certificate Examination (WASSCE) and the National Examinations Council (NECO) Senior School Certificate Examination (SSCE), pending extensive consultations with key stakeholders. The Federal Ministry of Education announced on Monday that it had withdrawn its June 18, 2026 letter conveying the proposed fee adjustment to allow for a comprehensive review and broader engagement before any final decision is reached. According to the ministry, the suspension follows concerns and constructive feedback from members…
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Jul
14
2026
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By Abia ThinkTank
Why FGN Is Spending, Not Saving – Umahi

Why FGN Is Spending, Not Saving – Umahi

FGN, Infrastructure, News Flash
Why FG Is Spending, Not Saving — Umahi The Minister of Works, Senator David Umahi, has strongly defended President Bola Tinubu’s economic policies, asserting that strategic infrastructure investment rather than fiscal saving is the key to unlocking Nigeria’s economic potential. ​Addressing journalists during an inspection of the Calabar–Abuja Super Highway at the Ebonyi–Benue boundary, Umahi argued that no responsible government or economist would prioritise saving money while critical infrastructure remains undeveloped and citizens face economic hardship. He maintained that the administration is actively repositioning the nation’s economy by prioritising long-term development over short-term reserves. ​According to the Minister, the Tinubu…
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Jul
10
2026
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By Abia ThinkTank
Why It’s Difficult For Millitary To Fight Bandits, Terrorists – Defense Minister

Why It’s Difficult For Millitary To Fight Bandits, Terrorists – Defense Minister

Crime, FGN, News Flash, Security
Why It’s Difficult For Military To Fight Bandits, Terrorists – Defense Minister The Minister of Defense, General Christopher Musa, rtd, has explained why it is difficult for the Armed Forces to fight bandits and terrorists in the country Speaking on Thursday at the Arise Television’s Town Hall on State Police, General Musa stated that the terrorists live within the communities. According to him, if the communities are on the side of the insurgents, it makes it difficult for security forces to win the battle and if the communities are with the security forces, it makes it a lot easier. “We’re…
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Jul
10
2026
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By Abia ThinkTank
Death Threat: Peter Obi Fabricating Stories To Gain Undue Sympathy; Tinubu Doesn’t Have His Time – Presidency

Death Threat: Peter Obi Fabricating Stories To Gain Undue Sympathy; Tinubu Doesn’t Have His Time – Presidency

FGN, News Flash, Politics
Death Threat: Obi Fabricating Stories To Gain Undue Sympathy; Tinubu Doesn’t Have His Time – Presidency Bayo Onanuga, special adviser to President Bola Tinubu on information and strategy, says Peter Obi’s claims that he may not be alive for the 2027 elections were designed to “attract undue sympathy”. In an interview with Chude Jideonwo, Obi, presidential candidate of the Nigeria Democratic Congress (NDC), accused the federal government of deliberately frustrating his means of livelihood and targeting opposition figures. The former Anambra governor alleged that everything he does for a living is being deliberately obstructed by the government. “The way they…
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Jul
06
2026
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By Abia ThinkTank
Press Statement: CEPCC Calls For A Thorough, Transparent, And Impartial Investigation Into The Alleged Fake Government Agency Scandal

Press Statement: CEPCC Calls For A Thorough, Transparent, And Impartial Investigation Into The Alleged Fake Government Agency Scandal

FGN, Columns/Opinions/Letters, South East
PRESS STATEMENT CEPCC CALLS FOR A THOROUGH, TRANSPARENT, AND IMPARTIAL INVESTIGATION INTO THE ALLEGED FAKE GOVERNMENT AGENCY SCANDAL Christian Elders and Professionals Consultative Council of Nigeria (CEPCC) Official National Consultative, Advisory, and Policy Arm of the Christian Elders and Professionals Consultative Assembly in Nigeria (CEPCAN) In Strategic Affiliation with the Christian Association of Clergies in Nigeria (CACN) Abuja, Nigeria The Christian Elders and Professionals Consultative Council of Nigeria (CEPCC) has expressed concern over recent public reports surrounding the alleged operation of a fraudulent government agency and the serious questions such reports have raised regarding accountability, institutional oversight, public financial management,…
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Jul
05
2026
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By Abia ThinkTank
No Evidence We Spent N8 Trillion Outside Approved Budget – FG

No Evidence We Spent N8 Trillion Outside Approved Budget – FG

FGN, Economy, News Flash
No Evidence We Spent N8 Trillion Outside Approved Budget – FG The Federal Government has dismissed claims that it spent more than ₦8 trillion outside the approved national budget, describing the allegation as false and a misrepresentation of the International Monetary Fund’s (IMF) 2026 Article IV Consultation Report. The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, said the Federal Government does not operate a “shadow budget” and has not spent public funds outside the constitutional and legal framework governing public finance in Nigeria. “The Federal Government does not operate a ‘shadow budget’ or expend public…
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Jul
04
2026
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By Abia ThinkTank
INEC Extends Voter Registration, Launches Self-Service Portal

INEC Extends Voter Registration, Launches Self-Service Portal

FGN, News Flash, Politics
INEC Extends Voter Registration, Launches Self-service Portal The Independent National Electoral Commission (INEC) has extended the ongoing continuous voter registration (CVR) exercise by two weeks and introduced an online self-service registration option for eligible first-time voters. A statement on Friday by Mohammed Kudu Haruna, the commission’s spokesman, said the extension followed feedback received from its state offices, political parties, civil society organisations, and other stakeholders. “The nationwide CVR exercise commenced on 18th August 2025 and was originally scheduled to conclude on 10th July 2026,” he said. Mr Haruna said the extension would provide additional time for eligible Nigerians who are…
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