President Bola Tinubu has ordered a Federal Executive Council committee to further crash prices of food items across the country. The Minister of State for Agriculture and Food Security, Sabi Abdullahi, stated this on Wednesday in Abuja, while presenting a paper at a one-day capacity-building workshop for journalists covering the Senate. Mr Abdullahi said the…
The Federal Executive Council (FEC) has approved a N47.96 trillion expenditure for the 2025 budget, marking a 36.8% increase from the 2024 estimate. The decision was made during the Council’s final meeting of 2024, held on Monday in the Council Chambers of the Statesl House, Abuja. Speaking to State House Correspondents, the Minister of Budget…
GISTSMATE MEDIA reports that the federal government has unveiled a proposed budget of N47.9 trillion for the 2025 fiscal year. Atiku Bagudu, Minister of Budget and Economic Planning, disclosed this to journalists on Thursday following the Federal Executive Council (FEC) meeting chaired by President Bola Tinubu. Bagudu revealed that the council had approved the Medium-Term…
Owner of Lagos-based refinery Aliko Dangote, on Tuesday, said the Federal Executive Council (FEC) will determine the pricing of petrol produced at his 650,000 barrels per day facility. The refinery owner said as soon as his company finalises modalities with the Nigerian National Petroleum Company Limited (NNPCL), the product will hit the market. “Our PMS…