FGN - Abia ThinkTank News

Jan

2025

President Tinubu Inherited N87.38 Trillion Debt, Not N21 Trillion – DMO Clarifies

Tinubu Inherited N87.38 Trillion Debt, Not N21 Trillion – DMO Clarifies The Debt Management Office (DMO) has debunked recent media reports claiming that President Bola Ahmed Tinubu inherited N21 trillion in public debt which arose to N142 trillion. In a statement issued by the DMO on Monday, the agency said the actual total public debt as of June 30, 2023 after President Tinubu took office stood at N87.38 trillion. President Tinubu took office on May 29, 2023. The DMO clarified that the figure includes the external and domestic debt of the Federal Government of Nigeria (FGN), the 36 states, and…

Jan

2025

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By Abia ThinkTank

Nigeria On Verge Of Losing Democracy – Atiku Abubakar

Columns/Opinions/Letters, FGN, Politics

Nigeria On Verge Of Losing Democracy – Atiku Former Vice President Atiku Abubakar has warned that Nigeria is on the verge of losing its hard-fought democracy if it does not retrace its steps. Atiku made this declaration on Monday at a national conference on strengthening democracy in Nigeria, organised by the African Centre for Leadership, Strategy, and Development (Centre LSD), the Centre for Democracy and Development (CDD), the Westminster Foundation for Democracy (WFD), the Peering Advocacy and Advancement Centre in Africa (PAACA), and the National Peace Committee (NPC). The former vice president cited instances where courts decide candidates or winners…

Jan

2025

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By Abia ThinkTank

Federal Civil Service Commission Announces Nationwide Recruitment; Apply Now.

FGN, Labour, News Flash

APPLY NOW: Federal Civil Service Commission Announces Nationwide Recruitment The Federal Civil Service Commission (FCSC) has announced the commencement of its 2025 recruitment exercise for various positions across the Federal Civil Service. In a statement released on Monday, signed by the Head of Press and Public Relations, Taiwo Hassan, the Commission invited eligible Nigerians to submit applications for available vacancies. The announcement, published on the Commission’s official website, calls on interested applicants to submit their applications online via the portal https://recruitment.fedcivilservice.gov.ng Candidates are allowed to apply for only one position and must submit their applications before the deadline of Monday,…

Jan

2025

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By Abia ThinkTank

Why FGN Approved Tariff Increase For MTN, Airtel, Glo, Etisalat – Minister

FGN, Economy, Information Technology, News Flash

Why FG Approved Tariff Increase For MTN, Airtel, Glo, Etisalat – Minister The Minister of Communication, Innovation and Digital Economy, Bosun Tijani, says the federal government approved a 50 per cent tariff hike for telecommunication companies to sustain the industry. Mr Tijani added that the new tariff would allow telecommunication companies to be able to invest in new infrastructure and improve connectivity. He said this at the maiden Robotics and Artificial Intelligence Nigeria (RAIN) summit, on Saturday in Ibadan with the theme: “The Rain of Transformation is upon us: CEOs Arise.” The minister urged Nigerian youths to drive technological progress…

Jan

2025

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By Abia ThinkTank

Tax Titans: Lagos Generates N2.75 Trillion, Rivers And FCT Follow – See Full Breakdown

Economy, FGN, News Flash

Tax Titans: Lagos Generates ₦2.75 Trillion, Rivers And FCT Follow – Full Breakdown Lagos State has retained its position as Nigeria’s leading contributor to Value Added Tax (VAT) revenue in 2024, recording a staggering ₦2.75 trillion, representing 54% of the country’s total non-import VAT earnings. Tourism packages According to data published by Agora Policy, a Nigerian think tank, Rivers State secured the second spot with ₦832.69 billion, while the Federal Capital Territory (FCT) ranked third with ₦303.64 billion. Oyo State came fourth with ₦272.41 billion, and Kano State rounded off the top five with ₦77.76 billion. Meanwhile, the remaining 33…

Jan

2025

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By Abia ThinkTank

Makeup, POP Installation, Plumbing, And Other 12 New Subjects Added To Basic Education Curriculum

Education, FGN, News Flash

Makeup, POP Installation, Plumbing, 12 New Subjects Added To Basic Education Curriculum Fifteen new subjects have been added to Nigeria’s basic education curriculum, the Federal Government has announced. This is disclosed in a press statement released by the National Orientation Agency (NOA) on Friday, January 24, 2025. NOA said the new trade subjects were added to the curriculum to boost students’ practical skills and employability level. Expected to take effect from January 2025, the newly updated curriculum would be used across the primary and junior secondary classes in Nigeria. Below is a list of the new subjects:1.Plumbing2 Hairstyling3 Makeup4 POP…

Jan

2025

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By Abia ThinkTank

FG Approves N4 Billion Conditional Cash Transfer For Vulnerable Households

FGN, CBN/Commercial Banking, Economy, News Flash

The Federal Government has approved N4bn for conditional cash transfers to vulnerable households in Nigeria. During the launch of the 2025 Nigeria Humanitarian Needs and Response Plan at the United Nations House in Abuja on Thursday, the Minister of Humanitarian Affairs and Poverty Reduction, Professor Nentawe Yilwada, announced the interventions aimed at addressing the country’s deepening humanitarian crisis. This initiative is expected to support at least 10 million displaced households, primarily targeting the most vulnerable members of society. The cash transfer programme is set to commence in February and continue through April, focusing on alleviating the immediate needs of families…

Jan

2025

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By Abia ThinkTank

World University Rankings 2025: Covenant, ABU Emerge Top In Nigeria (See Full List)

Education, FGN, News Flash

World University Rankings 2025: Covenant, ABU Emerge Top In Nigeria (Full List) Covenant University (CU) has again been listed as Nigeria’s overall best university in Times Higher Education (THE) 2025 Rankings. In the 2025 rankings, the Ahmadu Bello University, Zaria came second, displacing the University of Ibadan which occupied the position for the 2024 rankings. The Times Higher Education World Rankings is a comprehensive global ranking of universities published annually. The 2025 rankings THE said it ranked more than 2,000 institutions from 115 countries and territories. Globally, Oxford holds on to the top spot for the ninth consecutive year, bolstered…

Jan

2025

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By Abia ThinkTank

FG Approves Licence For 10,000 Barrels Per Day Refinery In Delta State

Business, FGN, News Flash, Oil & Gas

FG Approves Licence For 10,000 Barrels Per Day Refinery In Delta State The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, has announced the approval of a licence for the construction of a new refinery. The approval was given to MRO Energy Limited, an energy company for the construction of a 10,000 Barrels Per Stream Day Refinery at Imode In Ughelli, Delta State, This development comes two months after the authority granted a license to Process Design and Development Limited to establish and construct a new 27,000 barrels per day refinery located in Dole-Wure, Akko area of…

Jan

2025

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By Abia ThinkTank

President Tinubu Makes Fresh Appointment

FGN, News Flash, Politics

Tinubu Makes Fresh Appointment President Bola Tinubu has appointed Zahrah Mustapha Audu as the Director-General of the Presidential Enabling Business Environment Council (PEBEC). Princess Audu, a seasoned entrepreneur and technology expert, has over a decade of experience in building successful ventures. She holds degrees in software engineering and business management from a top UK university. In her role, she aims to boost foreign investments and create better opportunities for Nigerians. As a philanthropist, she has supported communities and fostered international collaborations. Princess Audu also serves as the President’s Technical Adviser on Foreign Direct Investment, leading campaigns to attract investors.