Politics

Debt pressure mounts as FG borrows N8.1trn in 2026 already

•Represents 7.4% YoY increase from Q1’25 •Analysts cite revenue gaps, fiscal indiscipline •Urge FG to cut waste, boost revenue •Rising debt crippling ability to fund infrastructure – World Bank“ At the backdrop of rising public debt pressure and concerns over the impact on the economy, the Federal Government (FG) increased …

Read More »

Abia To Boost Palm Oil Investment With $200m Deal

The Governor of Abia State, Alex Otti, has announced that the state government is ready to sign a Memorandum of Understanding (MoU) with Presco Plc for a proposed $200 million investment in palm oil production and processing in the state. Governor Otti disclosed this on Friday, March 14, while receiving …

Read More »