The federal government of Nigeria has taken a decisive step to address long-standing payment obligations owed to university staff. Through its education ministry, the government has directed all federal universities to compile and submit detailed records of outstanding debts – including salary arrears, promotion increments, third-party deductions and pension liabilities. This move comes at a time when university staff unions are renewing pressure on the government to fulfill welfare commitments, and release some funds aimed at clearing backlog payments. Details of the Directive The memo was issued by the FME and addressed to the vice-chancellors of all federal universities via…
Author: Adejuyigbe Adegoke
The National Assembly has formally approved the request by President Bola Ahmed Tinubu to raise ₦1.15 trillion from the domestic debt market to help finance the unfunded portion of the 2025 federal budget. Background In early November 2025, President Tinubu submitted a letter to both chambers of the National Assembly requesting approval of additional domestic borrowing. According to the letter: The approved 2025 budget stands at ₦59.99 trillion, representing an increase of about ₦5.25 trillion above the Executive’s original proposal of around ₦54.74 trillion. The budgetary deficit is estimated at about ₦14.10 trillion, with the original borrowing provision in the…
In the world of fashion, few events manage to fuse creativity, culture, and innovation with the elegance and flair that GTCO Fashion Weekend (FSHN WKND) consistently delivers. This year’s edition was no exception, offering a platform where designers, influencers, and fashion enthusiasts converged to celebrate not just style, but a narrative of identity, ambition, and excellence. A Runway of Innovation FSHN WKND has always been more than just a fashion show—it’s a showcase of visionary ideas brought to life. From contemporary African prints to avant-garde couture, this year’s collections highlighted a spectrum of design aesthetics, reflecting both global trends and…
In a significant development for African climate diplomacy, Addis Ababa in Ethiopia has been selected as the host city for the 32nd session of the Conference of the Parties (COP32), slated for 2027. The decision comes after the African regional group unanimously endorsed Ethiopia over rival bidder, Lagos in Nigeria. Key Moments in the Bidding Process Nigeria officially announced its intent to host COP32 earlier in 2025, proposing Lagos as the venue and emphasising the strategic benefits of such a summit. Ethiopia entered the race later, but positioned its bid around strong infrastructure, international convention‑centre capabilities, and readiness to host…
The Lagos State Government (LASG) has formally commenced rehabilitation works on the stretch of the Eti-Osa/Lekki-Epe Expressway between Admiralty Junction and Jubilee Bridge in the Ajah area of Eti-Osa Local Government. This move is part of the state’s broader infrastructure drive, aimed at improving connectivity, easing traffic-gridlock, and enhancing road safety in the rapidly developing Lekki–Ajah corridor. The initiative reflects the Governor Babajide Olushola Sanwo-Olu administration’s commitment to delivering “durable road networks” for Lagosians. Background & Rationale The Lekki-Epe axis has been witnessing explosive growth in recent years — residential estates, commercial hubs, industrial parks and port infrastructure. With that…
A coalition of civil society groups and grassroots organisations has mobilised a protest at the precincts of the Nigerian National Assembly (NASS), in Abuja to demand the prompt confirmation of Abdullahi Garba Ramat as Chairman/CEO of the Nigerian Electricity Regulatory Commission (NERC). President Bola Ahmed Tinubu nominated Ramat earlier in 2025. His name was vetted by the Senate Committee on Power on 22 October 2025, along with two other nominees. The confirmation has, however, been delayed, prompting public frustration and the demonstration. The Protest The demonstrators, under banners from groups such as the Empowerment for Unemployed Youth Initiative (EUYI) and…
The Nigerian Electricity Regulatory Commission (NERC), has revealed a moderate but meaningful uptick in the number of metered electricity customers in Nigeria for August 2025, signalling progress in a longstanding area of concern for the country’s power sector. Key Figures To Note As of August 2025, the number of metered customers across all 11 electricity distribution companies (DisCos) reached 6,579,818. This is up from 6,508,611 in July—an increase of 1.09 % month‑on‑month. The total number of active electricity customers rose from 11,897,246 in July to 11,960,101 in August – about a 0.53 % increase. The overall metering rate (i.e., the share of…
In a striking development in the tech and AI world, Sachin Katti – who until now served as CTO and Head of AI at Intel, has announced his departure from the company to join OpenAI, the organisation behind ChatGPT. Who is Sachin Katti? Katti’s path reads like a model of global-tech mobility and rising influence: An Indian-origin technologist, he earned his undergraduate degree from Indian Institute of Technology Bombay (IIT Bombay), and later did work that placed him in the U.S. academic/industry circuit. Prior to his Intel tenure, he founded and steered a startup, Uhana, focused on AI for mobile…
Abuja, Nigeria — Nigeria’s local currency, the Nigerian Naira (₦), has emerged as one of the most volatile in Africa — and perhaps the world — a situation highlighted by prominent legal advocate, Olisa Agbakoba, SAN. In his recent remarks, Agbakoba warned that mere circulars and policy tweaks by the Central Bank of Nigeria (CBN), will not suffice to stabilise the naira‑dollar disparity. He argued that the underlying problem lies deeper: Nigeria’s economy lacks productive value and structural resilience. What the Data Show Recent research notes that Nigeria’s foreign exchange market exhibits “significant volatility” due to its dependence on oil exports, external…
The Minister Nyesom Wike‑led Federal Capital Territory Administration (FCTA), has announced a final 14‑day grace period for property owners in key districts of the Federal Capital City (FCC), to pay a ₦5 million violation fee for unapproved land‑use change and conversion. Key Details of the Policy According to a statement from the Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, the grace period begins Tuesday, 11 November 2025, and is targeted at property holders in the high‑profile districts of Asokoro, Maitama, Garki and Wuse. The affected streets/locations include: Gana Street, Maitama District Usuma Street, Maitama District Yakubu Gowon Crescent, Asokoro…
Abuja/Moscow — The Russian Federation has declared that it is actively watching reports that the United States of America may be preparing military measures in Nigeria, raising broader questions about sovereignty, regional stability and the interplay of global powers in Africa. What’s happening On 1 November 2025, U.S. President Donald Trump announced that he had directed the U.S. Department of Defense (the Pentagon) to “prepare for possible military measures” in Nigeria, citing the need to protect Christian communities from extremist violence. In response to those remarks, Russia’s Foreign Ministry spokeswoman Maria Zakharova told reporters that Moscow is “closely monitoring the…
A diplomatic row has erupted between President Bola Ahmed Tinubu of Nigeria, and Donald Trump, President of the United States, following the serious allegations of religious-violence and what the U.S. describes as a “genocide” against Christians in Nigeria. Recenlty, President Trump declared via social media that Christianity in Nigeria is facing an “existential threat”, accused “radical Islamists” of “mass slaughter”, and formally redesignated Nigeria as a “Country of Particular Concern” (CPC) for religious-freedom violations. He followed this up with a warning: unless Nigeria acts to protect Christians he said the U.S. would stop aid and the U.S. Department of War…
