…2025 and 2026, with FAAC distributing N3.007tn in July this year. SERAP, Atiku criticise reforms The figures have led to calls for greater scrutiny of how state governments are spending the additional revenue. In December 2025, the Socio-Economic Rights and Accountability Project sued the 36 state governors and the FCT…

…On the state of the nation, Obi said sustainable development requires more than reactive reform, adding that reform is not the goal, but that better lives are. According to him, the World Bank’s April 2026 Nigeria development update made it clear that Nigeria’s challenge is how to turn economic reform and stabilisation…

…with one. That is a much higher standard. For years, Nigeria has discussed electoral reform as though the problem were principally mechanical. How do we identify voters? How do we prevent multiple accreditation? How quickly can results be transmitted? How do we improve logistics? How can technology reduce human interfe…

…power it needs to compete for AfCFTA’s 1.4 billion consumers,” he stated. He said the reforms aligned with President Bola Tinubu’s ambition to transform Nigeria into a $1tn economy, noting that electricity remained central to achieving the target. “President Bola Tinubu has been absolutely clear about the economic dire…

…From breaking news to viral moments. Follow Legit.ng on Instagram!Kudu said the reforms under Najomo's watch needed to be assessed as part of a larger effort to reposition the industry, rather than measured against every hardship faced by passengers or operators."Our assessment of Capt. Chris Ona Najomo's stewardship s…

…PENGASSAN urged the Federal Government and petroleum regulators to consolidate recent reforms and incentives that had stimulated renewed investments and Final Investment Decisions, stressing that Nigeria must remain internationally competitive to attract long-term energy capital. The warning comes as Nigeria continues…

…and stronger investment. Alfindiki acknowledged that President Bola Tinubu’s economic reforms had brought short-term hardship but said government officials and some economic observers had pointed to improvements in public finances and investment conditions. He maintained that the President should be held accountable fo…

…gas industryNNPC secures over $20 billion in gas agreements, boosting energy market trustReforms must directly benefit ordinary Nigerians through job creation and economic stabilityPAY ATTENTION: Find it fast with our new search feature at Legit.ng! Pascal Oparada is a journalist with Legit.ng, covering technology, ene…

…at N3.85. DAILY POST reports that the implementation of the Nigerian Insurance Industry Reform Act 2025 has contributed to the poor performance of insurance stocks following the revocation of the licences of Universal Insurance and Nigeria Reinsurance by the National Insurance Commission in recent weeks. NGX crashes fo…

…the FEC decision reflected President Bola Ahmed Tinubu’s commitment to institutional reform and ensuring that Nigeria’s international obligations translated into practical benefits for citizens. “This approval is not the end of the process. It is the beginning of the most important phase: implementation,” he said. “Our…

…compliant with the new minimum capital requirement under the Nigerian Insurance Industry Reform Agenda (NIIRA 2025). According to NAICOM, the development marks another significant milestone in strengthening confidence, enhancing financial stability, and promoting professionalism within Nigeria’s insurance industry. The…

…matters. It allows policymakers to think beyond survival and begin shaping structural reforms, industrial expansion and long-term social investment. It also reduces dependence on emergency borrowing and short-term fiscal patchwork. Traditional rulers and community leaders in the Niger Delta have called for continued su…

…Change segment narrowing by two per cent. She noted that the developments suggested that reforms introduced under CBN Governor Olayemi Cardoso were beginning to produce positive outcomes. Sidi Ali said the reforms were designed to restore monetary and price stability while creating the foundation for inclusive economic…

…capping hand, unable to do anything.” Tinubu argued that the direct beneficiaries of the reform were ordinary Nigerians and their families, delivered through state and local government structures now able to fund basic obligations and infrastructure. “Salary you pay for each family, they were at the local governments,…

…for its commitment to evidence-based planning, inclusive development and policy reforms. UNICEF described the launch as “more than the formal launch of important documents,” saying it demonstrated Katsina’s commitment to using data and policy to improve outcomes for children, women, families and communities. The organi…

Nigeria’s economic reforms have delivered stronger macroeconomic indicators, but the gains are yet to translate into broad-based prosperity, with capital inflows rising 83.8 per cent to $10.37 billion in the first quarter of 2026, even as foreign direct investment accounted for only 1.3 per cent of the inflows and pove…

…competent and result-driven individuals to revive Nigerian refineries and carry out reforms in the country’s petroleum sector. According to him, Nigeria needs more “mad men”—his description of courageous public officials prepared to confront powerful interests, dismantle dysfunctional systems and deliver measurable res…

…the Federal Government says it has spent N30.64tn to cushion the effects of its economic reforms since June 2023, while a veteran actor, Jide Kosoko, has explained why Taiwo Hassan, popularly known as Ogogo, cannot be moved for alternative treatment. Former Commonwealth champion, Leon Baptiste, has been jailed in Moroc…

…reflecting better security conditions and the gradual implementation of upstream reforms. The group said increased domestic refining activity would also strengthen industrial output, reduce dependence on imported refined petroleum products and improve Nigeria’s external position. “Moreover, manufacturing activity is ex…

By Kafayat kokumo Experts have called for reforms, increased investment, innovation and stronger collaboration among stakeholders to unlock the full potential of Nigeria’s poultry industry, to enhance food security, job creation and economic growth. Speaking recently at the Poultry Association of Nigeria (PAN), Lagos S…

…progress the country has made in advancing child rights through legislation and policy reforms, many children continue to face barriers in accessing justice. “Too often, children who are victims of violence, abuse, exploitation, neglect, trafficking, child marriage, harmful traditional practices, or who come into confl…

…that INEC lacked the capacity to adequately track expenditure. He called for legal reforms, stronger sanctions and a dedicated mechanism for tracking political party finances. The country director said sanctions should be strong enough to serve as a deterrent, including banning politicians or political parties that bre…

…and that’s exactly what Mr President and council have directed today.” The former tax reform tsar said the Attorney-General of the Federation and his own office had been directed to work with other relevant agencies to address the matter holistically, spanning its administrative, accounting and governance dimensions. H…

…for wisdom, strength, good health and divine guidance as he implements ongoing reforms. Oborevwori said the reforms were beginning to improve the financial capacity of state and local governments, citing increased ability of local councils to execute development projects such as roads and health facilities. “Before now…

…tax incentives and a more predictable framework for investors. Amadasu said the reform could open a new phase of investment in Nigeria’s offshore petroleum industry, where projects typically require billions of dollars and take several years to move from discovery to production. “We are on the right path, all thanks to…