December 2025 – Page 83

Tinubu sends 2026–2028 fiscal framework to Reps

12.12.2025

President Bola Tinubu on Wednesday transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the House of Representatives for consideration and approval. The President’s letter, read during plenary by Deputy Speaker Benjamin Kalu, who presided over the session, urged lawmakers to give the documents prompt attention. According to the letter, “It is...

FG to Capture N4tn Power Sector Bond in MTEF

12.12.2025

The Federal Government on Thursday announced that the newly launched power sector liquidity bond, designed to settle decade-long N4tn debts owed to electricity generation companies will be fully captured in the country’s Medium-Term Expenditure Framework, a move officials say strengthens its credibility and guarantees repayment. This will also increase the nation’s public debt by N4tn....

Sahara Group Unveils Community Impact Project for Locals

12.12.2025

Sahara Group, an international energy and infrastructure conglomerate, unveiled its community impact project, tagged ‘SCIP’, on Wednesday. During the unveiling at the Sahara Group head office in Lagos, the Director of the Sahara Group Foundation, Chidilim Menakaya, said the Sahara Community Impact Project is designed to establish business hubs within local communities by leveraging their...

Ekiti Airport Opens for Commercial Flights, Boosting State

12.12.2025

Ekiti State Governor, Biodun Oyebanji, on Wednesday disclosed that the state government had spent N49.7bn on the Ekiti Agro-Allied International Cargo Airport. Oyebanji made the announcement during the inauguration of commercial flight operations at the airport, along Ado–Ijan Road. The inaugural commercial flight, operated by United Nigeria Airlines, conveyed passengers, including the first civilian governor,...

Tinubu forms panel to settle Nigeria’s contractor debts

12.12.2025

President Bola Tinubu on Wednesday expressed “grave displeasure” over the backlog of unpaid federal contractors and set up a high-level committee to resolve the bottlenecks and fund repayments. Briefing State House correspondents after the Federal Executive Council meeting in Abuja, Special Adviser on Information and Strategy, Bayo Onanuga, said the President was “upset” after learning...

Abiodun Mourns Bayelsa Deputy Gov, Ewhrudjakpo

12.12.2025

Governor Dapo Abiodun of Ogun State has mourned the passing of the Deputy Governor of Bayelsa State, Senator Lawrence Ewhrudjakpo, who passed away on Thursday, December 11. Governor Abiodun, who doubled as the Chairman of the Southern Governors’ Forum, expressed deep sorrow over the death of Ewhrudjakpo, saying he received the news “with shock.” New Telegraph...

Bayelsa Deputy Governor’s Life Anchored On Principle

11.12.2025

The Peoples Democratic Party (PDP) has described the late Deputy Governor of Bayelsa State, Lawrence Ewhrudjakpo, as an honest and principled politician whose life was anchored on belief, integrity, and strength of character. Ewhrudjakpo, who was elected alongside Governor Douye Diri on the PDP platform, reportedly refused to follow the governor when he defected to...

Bayelsa Deputy Governor Dies After Collapse

11.12.2025

Senator Lawrence Oborawharievwo Ewhrudjakpo, the Deputy Governor of Bayelsa State, has passed away after he was rushed to the Federal Medical Centre (FMC), Yenagoa. New Telegraph had earlier reported that Ewhrudjakpo collapsed in his office on Thursday, December 11, and was rushed to the hospital before he was pronounced dead. As of the time of...

NNPC Resumes Petrol Importation With 1.56bn Litres in Nov

11.12.2025

The Nigerian National Petroleum Company Limited has resumed large-scale importation of petrol, barely a year after declaring it had stopped bringing the product into the country, The PUNCH reports. Latest figures from the Nigerian Midstream and Downstream Petroleum Regulatory Authority show that NNPC imported the bulk of Nigeria’s petrol needs in November, as the importers...

NBA Ibadan Urges Makinde To Strengthen Security Amid Rising Kidnappings

11.12.2025

The Nigerian Bar Association (NBA), Ibadan Branch, has raised alarm over escalating kidnapping cases in Oyo State, urging Governor Seyi Makinde and security agencies to urgently overhaul the state’s security architecture. NBA Ibadan Chairman, Mr. Ibrahim Lawal, issued the warning during a press briefing at the Afe Babalola Bar Centre, Iyaganku, ahead of the 2025...