Overambitious budget pushes Nigeria toward self-made crisis
Nigeria is engineering a self-inflicted fiscal crisis, pushing a budget far beyond its actual capacity even as the numbers fail...
- Friday, June 05, 2026
BusinessDay
Nigeria is engineering a self-inflicted fiscal crisis, pushing a budget far beyond its actual capacity even as the numbers fail...
The Transmission Company of Nigeria (TCN) in 2025 secured $1.16 billion from development partners, for the advancement of critical power...
…highest imports in 16 months Nigeria recorded a sharp increase in premium motor spirit (petrol) import, reaching 52.1 million litres...
The federal government is struggling to turn its ambitious budget plans into real infrastructure spending, recording a steep 73.7 percent...
Farouk Ahmed, Authority Chief Executive of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), has distanced himself from a...
The Nigerian Independent System Operator (NISO) has announced a drop in electricity generation on the National Grid, stating that it...
The federal government is grappling with a staggering N30 trillion revenue shortfall in the 2025 fiscal year, a development analysts...
The Rural Electrification Agency (REA) and the National Bureau of Statistics (NBS) have signed a Memorandum of Understanding (MoU) to...
Amid the enactment of the Electricity Act 2023, a legal amendment granting Nigerian states the autonomy to regulate their local...
The federal government, through the National Bureau of Statistics (NBS) on Monday, launched the ‘Power of Data’ initiative, aimed to...