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THE EXECUTIVE

FEC Approves Medipool To Lower Drug Prices

The Federal Government has approved a new policy known as Medipool, which may lower the costs of drugs and other medical consumables for Nigerians. This was  part of  the decisions reached at the Federal Executive Council meeting  chaired by  President Bola Tinubu at the State House, Abuja, on…
16 hours ago

President Tinubu Chairs FEC Meeting

President Bola Tinubu is presiding over the Federal Executive Council (FEC) meeting at the Council Chamber of the State House in Abuja. In attendance are Vice President Kashim Shettima, Secretary to the Government of the Federation, George Akume; Head of the Federal Civil Service, Didi…
2 days ago

FG Confirms Full Repayment Of $3.4bn COVID-19 IMF Loan

The Federal Government has confirmed full payment of the sum of $3.4 billion loan received from the International Monetary Fund (IMF) during the COVID-19 pandemic. The Minister of Information and National Orientation, Mohammed Idris, confirmed this while briefing State House correspondents after the…
2 days ago

I Made Tough Decisions So We Could Grow — Tinubu

President Bola Tinubu on Friday defended his administration’s economic reforms, saying he took some decisions to sustain healthy growth for Nigeria. He stated this at the State House in Abuja while receiving a special envoy from the Amir of the State of Qatar, Dr Mohammed bin Abdulaziz…
4 days ago

FG Scraps Scholarships For Students Abroad

The federal government is ending a major scholarship programme (Bilateral Education Agreement (BEA) Scholarship Programme) for university students abroad, citing the improvement of higher education at home and the country’s “limited public funds.” The move comes as the country faces an economic crisis…
09/05/2025

FEC Approves ‘Nigeria First’ Policy To Support Local Industry

The Federal Executive Council (FEC) has approved a Nigeria First economic policy targeted at prioritising the use of locally manufactured goods and services in all government procurements. Nigeria’s Minister of Information and National Orientation, Mohammed Idris, said this on Monday after the FEC…
06/05/2025

Finance Ministry Denies ₦13bn Irregular Contract Allegations

The Federal Ministry of Finance has vehemently refuted recent online reports alleging irregularities in the award of contracts amounting to ₦13 billion between February and June 2024. In a statement on Monday, the Ministry dismissed the claims as “unfounded” and “malicious,” reaffirming its…
06/05/2025


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