In a landmark disbursement, the Federal Government of Nigeria, alongside state and local government councils, has shared a staggering N1.703 trillion in revenue from the Federation Account for January 2025.The announcement was made via the official X handle of Nigerian Stories, citing the Office of the Accountant General of the Federation (OAGF) as the source.ThisContinueContinue reading “FG, States, and LGs Share Historic N1.7 Trillion Federation Revenue for January 2025”
Category Archives: News
EFCC Chair Slams LG Corruption, Calls for Public Oversight on Spending
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning against the misuse of local government funds, urging state governments, traditional rulers, and civil society organisations (CSOs) to take an active role in tracking expenditures at the grassroots level.EFCC Chairman, Ola Olukoyede, expressed deep concern over the rampant financial mismanagement plaguing local councils,ContinueContinue reading “EFCC Chair Slams LG Corruption, Calls for Public Oversight on Spending”
Governor Dikko Radda Empowers Katsina Women with Livestock to Boost Economic Independence
In a bold move to enhance economic empowerment and improve livelihoods, Katsina State Governor, Dikko Radda, has launched a transformative initiative to support women by providing them with goats.Announcing the development on its official X handle, Nigerian Stories reported that the empowerment scheme is designed to promote financial independence among women, particularly in rural areas,ContinueContinue reading “Governor Dikko Radda Empowers Katsina Women with Livestock to Boost Economic Independence”
Akpabio Faults Single Payment System, Calls for Urgent Reform to Boost Economic Growth
In a bold legislative move, the Nigerian Senate has criticized the continued implementation of the Single Treasury Payment System, describing it as a major impediment to the nation’s economic progress.Senate President Godswill Akpabio, speaking during Thursday’s plenary session, strongly condemned the centralized payment policy, arguing that it has created bureaucratic bottlenecks that stifle government efficiencyContinueContinue reading “Akpabio Faults Single Payment System, Calls for Urgent Reform to Boost Economic Growth”
Fintiri Advances Adamawa’s Energy Future with 300MW Solar Power Project
Adamawa State Governor, Ahmadu Umaru Fintiri, has reaffirmed his administration’s commitment to revolutionizing the state’s power sector through a landmark 300-megawatt (MW) solar power project.Taking to his official X handle, the governor announced a high-level meeting with representatives from Liberal Energy of Australia, led by Engr. Silas Zakkah, alongside officials from the Yola Electricity DistributionContinueContinue reading “Fintiri Advances Adamawa’s Energy Future with 300MW Solar Power Project”
Breaking: Dangote Refinery Slashes Diesel Price by N55, Offers Relief to Consumers
In a significant move that could ease economic pressure on businesses and consumers, Dangote Refinery has announced a reduction in the price of diesel. The price has been slashed by N55 per litre, bringing the new cost down to N1,020 per litre.The announcement was made via Nigerian Stories’ official X handle, sparking widespread reactions fromContinueContinue reading “Breaking: Dangote Refinery Slashes Diesel Price by N55, Offers Relief to Consumers”
Senate Considers Bill to Ban Daytime Operations of Heavy-Duty Vehicles—Hefty Fines for Violators
In a bold move to enhance road safety and reduce congestion, a new bill has been proposed in the Nigerian Senate seeking to ban heavy-duty vehicles from operating during daytime hours. The proposed legislation, if passed, will impose stringent penalties on violators, with individual offenders facing fines of ₦500,000, while corporate defaulters could be slammedContinueContinue reading “Senate Considers Bill to Ban Daytime Operations of Heavy-Duty Vehicles—Hefty Fines for Violators”
BREAKING: House of Reps Committee Considers Creation of 31 New States Across Nigeria
In a bold move that could redefine Nigeria’s political landscape, the House of Representatives Committee on the Review of the 1999 Constitution has revealed that it has received 31 proposals for the creation of new states across the country’s six geopolitical zones.The announcement, made during plenary on Thursday, was read by Deputy Speaker Benjamin Kalu,ContinueContinue reading “BREAKING: House of Reps Committee Considers Creation of 31 New States Across Nigeria”
Tinubu Seeks Senate Approval to Dismiss Three Suspended INEC Commissioners Amid Election Misconduct Allegations
In a decisive move to clean up Nigeria’s electoral system, President Bola Ahmed Tinubu has formally requested the Senate’s approval to dismiss three suspended Resident Electoral Commissioners (RECs) from the Independent National Electoral Commission (INEC). The affected officials—Ike Uzochukwu (Abia), Hudu Yunusa-Ari (Adamawa), and Nura Ali (Sokoto)—were accused of electoral misconduct during the contentious 2023ContinueContinue reading “Tinubu Seeks Senate Approval to Dismiss Three Suspended INEC Commissioners Amid Election Misconduct Allegations”
Denmark Seeks to Expand Business Ties with Enugu State, Eyes Key Economic Sectors
In a significant move towards international investment and economic collaboration, the Government of Denmark has expressed keen interest in expanding its business footprint in Enugu State. The European nation, known for its robust economy and advanced industries, has identified the southeastern Nigerian state as a strategic partner for growth and development.Announcing the development on itsContinueContinue reading “Denmark Seeks to Expand Business Ties with Enugu State, Eyes Key Economic Sectors”
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