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The Federal Government is set to take over 157 abandoned Almajiri schools that were previously handed over to state governors during the administration of former President Goodluck Jonathan.
The National Assembly has criticized Nigeria's government over significant funding discrepancies in the 2024 budget, urging improved capital project funding. The assembly expressed concerns over low levels of fund releases for ongoing capital projects.
The Nigerian government has allocated N55 billion in its 2025 budget for the maintenance of the presidential fleet, drawing opposition from the Peoples Democratic Party and Labour Congress. The parties have kicked against the allocation, citing potential misuse of funds.
FX utilisation dipped in the third quarter of 2024, primarily due to a decline in invisible transactions, according to the latest Quarterly Statistical Bulletin. This decrease contributed to a drop in foreign exchange demand.
