…it as “disgraceful” that the only thing the APC government has to show for trillions of naira is payment of workers’ salaries that can no longer guarantee food on the table. “Meanwhile, budgets remain unimplemented, local contractors remain unpaid, major public roads remain terrible, and Nigeria became one of the most…

…by the relatives from a strange phone number demanding a ransom of fifty million naira to secure her release. "The relatives sourced for funds and raised nine million, five hundred thousand naira which was paid to the abductors in installments into three different accounts bearing different names, but the victim was no…

…the dollar controls the global market and realised that I could not depend solely on the naira.That was my biggest lesson. When we talk about the business environment, this is actually part of it. Most of the things you use in your business are imported. Is there no way to interact with some of the manufacturers of the…

…executive order establishing a coroner inquest panel into the killings and violence at Naira and Kobo Junction, Ikire, on August 24. The panel, headed by Magistrate Ayokunle Shiyanbola, will examine the role of security operatives and may recommend prosecution or compensation. It is expected to submit its report within…

…suspect was apprehended while allegedly attempting to collect a ransom of Three Million Naira (N3,000,000) from the deceased victim's family. "Significantly, during the operation, the mobile phone belonging to the victim and allegedly used by the kidnappers to communicate ransom demands was recovered from the suspect.…

…young people who previously operated businesses with capital running into millions of naira had been forced out of business following the border closures. “All the upcoming young men and women who used to have a capital of 10 million, 20 million, and they were employing two, three other people, and then all of them wen…

…reform aimed at ending an increasingly unsustainable system that consumed trillions of naira, benefited higher fuel consumers disproportionately, encouraged smuggling, and constrained the government’s ability to invest in critical sectors.” The student leader stressed that the real test of the reform was not simply the…

…said, while stressing his belief in transparency and integrity. VeryDarkMan said every naira spent on the project would be accounted for, adding that the remaining work would soon be completed. Watch the video here… “Very soon, the Ratel political party is coming, so be ready to vote for us because there’s no governmen…

…Nwabufo says NISDAN was necessaryThe advocate pointed to the gap between billions of naira allocated to states and local governments and the poor quality of services most Nigerians receive. He said Nigerian governors collect hundreds of billions from the Federation Account Allocation Committee (FAAC) every year, with s…

…and ensure public finances are managed with clear accountability for every naira spent.Security and healthcare commitmentsOn security, Obi said insecurity had displaced millions of Nigerians and continued to damage agricultural output and economic activity. He promised to improve intelligence coordination among securit…

…them in an inner room while the female suspect grabbed about 90 hairs worth millions of Naira off the mannequin and stuffed them into a bag. The suspects operated with a mini-bus painted in the state-approved colours. Upon their arrest, 35 bundles of human hair were recovered from them. The business owner thanked the s…

…the wider cost of maintaining the executive office runs into hundreds of billions of naira. The figure is not the personal income of governors. Government House and Governor’s Office budget heads cover a broad range of official expenses, including administrative operations, staff, protocol, maintenance, official reside…

…persons, placed injections on a lady and other women where he collected thirty thousand naira each from them, without any medical background or medical documents. "The suspect is also under further investigation and he will be charged to court for prosecution." by Linda Ikeji at 25/08/2026 5:39 PM | Share this Story

…State, which allegedly left more than 200 people dead and properties worth millions of naira destroyed, VeryDarkMan claimed, “I was the first respondent at Yelwata. I was also the first respondent when some women were killed some time ago. I’ve seen blood and seen people burnt alive. “In Yelwata, it was Fulani that att…

…prices because ‘subsidy is gone’, why was the Federation still carrying trillions of naira in under-recovery and energy-security costs?” Atiku asked. He said the government should not focus on what the payments are called because public funds were still being used to cover the gap between the cost of petrol and its sel…

…said. He further questioned how someone facing pending allegations involving billions of naira could be included in a major political campaign structure. “With pending alleged multi-billion fraud and theft and yet able to be nominated as a member of the campaign council, Betta Edu has gone to prove one thing: criminal…

…of this palliative we are asking for. We are expecting one hundred and fifty thousand naira (N150,000), which is for six months,” the letter stated. The retirees said the payment was particularly important because of the impact of the government’s economic policies on their livelihoods. “This payment is as a result of…

…The NRS, Petroleum Profit Tax that it collected before, same dollar, higher amount in naira. So, the savings showed up in the Federation accounts by way of higher revenue collections as a result of the reforms.” A further analysis of the documents showed that the Lagos-Calabar Coastal Highway, one of the four legacy ro…

…mobilisation. It also exposes the limits of measuring Nigeria’s revenue growth in naira terms alone. While the removal of petrol subsidy, foreign exchange reforms and improved revenue mobilisation helped to push FAAC allocations sharply higher, a significant part of the increase reflects the devaluation of the naira. F…

…is telling. “The emergence of domestic refining capacity, the liberation of trillions of naira into the Federation Account for sub-national infrastructural development, and the steady weaning of the Nigerian economy from life-support leakages are milestones that threaten his political narrative. By promising to roll ba…

…meant Nigerians were better off. He said the critical issue was not the quantity of naira being distributed but its purchasing power. “The quantity of naira is not the same as the quality of it,” he said, arguing that the depreciation of the currency had eroded the real value of incomes and government allocations. He m…

…and the late delivery of court judgments, which often result in the loss of millions of Naira in taxpayers’ money. In the statement, Okechukwu noted that while one frowns at the killings and prays for the repose of the souls of those who lost their lives, the real lesson is that the banditry bedevilling Nigeria should…

…maintained that returning subsidy would be difficult because Nigeria spent trillions of naira subsidising petroleum products in the past. “For a number of reasons, what he said is virtually impracticable,” he said. “We have also seen how beneficiaries of subsidies use this mantra of subsidy to defraud our country. Many…

…account allocations swelling state coffers and ushering in an era of multi-billion-naira monthly revenues. Allocation reached a record N3.007tn in July 2026, making it the first time monthly Federation Account Allocation Committee distributions crossed the N3tn mark. The amount shared among the Federal Government, stat…

…security agents by Accord. Vote buying For vote buying, both parties spent billions of naira a few days before and during the election. Findings by Saturday PUNCH revealed that the original amount allocated and disbursed for vote buying by APC was N40,000 per voter. A former local government chairman and chieftain of t…