FERMA Defends ₦229.999b Budget, Harps on Need for Better Funding
The Federal Roads Maintenance Agency has once again highlighted poor funding as a major factor limiting its intervention capacity and effectiveness. This point was...
Category : Budget & Revenue
President Tinubu Issues Executive Order to Safeguard Federation Oil and Gas Revenues, Enhance Regulatory Clarity
Last week His Excellency President Bola Ahmed Tinubu, GCFR, signed an Executive Order aimed at realigning oil and gas revenue flows with constitutional requirements....
FED. MIN. OF TRANSPORTATION PHOTO NEWS
At the Ministry’s 2026 budget defence before the joint committee of the National Assembly on Tuesday 10th February,2026. Middle: The Honourable Minister of Transportation....
Nigeria’s Economic Activity Strengthens in December as PMI hits 57.6 Points
The Central Bank of Nigeria (CBN) has reported a further strengthening of domestic economic activity in December 2025, as the Composite Purchasing Managers’ Index (PMI)...
Goronyo Hails 2026 Budget as People Centred, Responsive to Pressing Needs
The Minister of State for Works, Bello Muhammad Goronyo, Esq., has commended President Bola Ahmed Tinubu, for the 2026 Appropriation Bill, describing it as...
$6.83bn BoP Surplus Excites CBN
The Central Bank of Nigeria (CBN) has announced a Balance of Payments (BOP) surplus of $6.83 billion for the 2024 financial year, marking a decisive...
Extra-budgetary Funding Required to Fix Over 35,000Km of Federal Roads – Goronyo
about 35,000 kilometres of roads cannot be funded and maintained overnight. We have to look for alternative sources of funding so that we can continue...
Keffi- AkwangaTolls Collection: Minister Decries Undue Commuter Hardship, Demands Better Service from Concessionaire
The Minister, while assuring road users of smoother passage at the Toll Plaza, promised to revisit the site on Monday, 10th February 2025, to assess...
At Budget Defence, Goronyo Appeals for Increase in Funding for FERMA
The Minister further recalled that during the Committee’s oversight visit to the Agency’s Headquarters on Thursday, 7th March, 2024, it was observed that the yearly...
President Tinubu Reduces Ministers’ , Heads of Agencies’ Convoys to 3 Vehicles
Earlier this year in January, "President Tinubu took significant steps to reduce government expenditure, by reducing his entourage on foreign trips from 50 to 20...