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Why Nigeria Is Still Falling Short Of Its Oil Target Despite A Crude Price Surge
By OBI DAVIES & ESTHER McWILLIS-IKHIDE The Numbers Behind Nigeria’s Oil Dilemma NIGERIA’S oil industry is confronting a familiar contradiction: international crude prices are offering the country an opportunity to earn more, yet domestic production remains below the level assumed in the 2026 budget. The latest production figures reveal both progress and a persistent weakness. […]
₦33.75 Billion Cash Transfers: Auditors Fault Buhari, Tinubu-Era Office Over Missing Beneficiary Records
By OBIOMA TORI ₦76.24bn Audit Queries: Cash Transfer Office Faces Questions over Missing Vouchers & Weak Controls Audit Report Exposes Gaps in Social Protection Spending A federal programme designed to support Nigeria’s poorest households has come under fresh scrutiny after auditors flagged ₦76.24 billion in questioned expenditure at the National Cash Transfer Office (NCTO). The […]
El Niño Could Disrupt Rainfall & Food Production: How Nigerians Can Protect Themselves
By AUGUSTINA McSOLOMON-OGHAKPERUO NIGERIA could face increased heat-related health risks and changing rainfall conditions as climate agencies warn that the developing El Niño event may strengthen and influence weather patterns into 2027. The United States National Oceanic and Atmospheric Administration (NOAA), in an update published on 8 October 2026, reported more than an 83 per […]
Beyond The Political Debate: Engineers Detail Lagos–Calabar Highway Progress & Swamp Challenges
By ARIT OTONG UBOK 71km of Lagos–Calabar Highway Under Development in Akwa Ibom, Cross River, Officials Say FEDERAL works officials have reported construction progress on Sections 3A and 3B of the Lagos–Calabar Coastal Highway, which together cover 71 kilometres across Akwa Ibom and Cross River States. The update came during a guided inspection by youths […]
Nigeria’s Revenue Crisis Deepens: ₦20.74 Trillion Budget Gap Persists Despite Oil Price Surge
By FIDELUS ZWANSON Revenue Falls Far Below Budget NIGERIA’S statutory revenue fell ₦20.74 trillion short of its budget target between January and October 2026, despite a sharp rise in international crude oil prices following the United States-Iran war. Figures from the Office of the Accountant-General of the Federation showed that statutory revenue totalled ₦26.14 trillion […]
NDC Reveals ₦8.53 Billion Income, ₦2.4 Billion Spending In Seven Months, Promises Accountability
THE Nigeria Democratic Congress (NDC) has disclosed that it generated ₦8.529 billion from nomination forms, membership dues, levies and supporters’ contributions within approximately seven months of its establishment. During the same period, the party reported spending ₦2.402 billion on its activities. The figures leave a reported difference of ₦6.127 billion between the party’s inflows and […]
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The President We Want: Nigerian Youths Demand Jobs, Security & Real Change In 2027
By TINA TOLUTOPE & HALIMA TAKWAS & IFEOMA IZUCHUKWU & MAPHOSA AGUSE & MAY ETAGHERURE ATUZULO & ETETE EKONG & GEORGETTE CHIDI & ABDUL AHMED (A. A.) RUFUS FROM the fear of graduating into unemployment to the struggle to keep small businesses afloat, young Nigerians across several states have outlined the qualities and policies they […]
The Price Of A Medical City: Akwa Ibom Residents Fight Over Compensation For Demolished Homes
By EFFANGA OSOK ₦117.5bn Medical City: Akwa Ibom Families Challenge Compensation as Govt Keeps Silent THE construction of the Ibom Medical City in Ikono Local Government Area of Akwa Ibom State is being presented as a landmark investment in healthcare. But for residents whose homes and properties stand within the project’s footprint, the development has […]
Delta’s Erho-Abraka Court Puzzle: ₦50 Million Reported Spent, Judiciary Says No Access To Funds
By TIMOTHY HAGGERTY-NWOKOLO Budget records clash with judiciary’s account A ₦50 million magistrate court project in Erho-Abraka, Ethiope East Local Government Area of Delta State, has raised questions over the accuracy of the state’s public expenditure records. The 2024 Delta State budget allocated ₦50 million for the construction of the court under the High Court […]
Business
Why Nigeria Is Still Falling Short Of Its Oil Target Despite A Crude Price Surge
By OBI DAVIES & ESTHER McWILLIS-IKHIDE The Numbers Behind Nigeria’s Oil Dilemma NIGERIA’S oil industry is confronting a familiar contradiction: international crude prices are offering the country an opportunity to earn more, yet domestic production remains below the level assumed in the 2026 budget. The latest production figures reveal both progress and a persistent weakness. […]
Nigeria’s Revenue Crisis Deepens: ₦20.74 Trillion Budget Gap Persists Despite Oil Price Surge
By FIDELUS ZWANSON Revenue Falls Far Below Budget NIGERIA’S statutory revenue fell ₦20.74 trillion short of its budget target between January and October 2026, despite a sharp rise in international crude oil prices following the United States-Iran war. Figures from the Office of the Accountant-General of the Federation showed that statutory revenue totalled ₦26.14 trillion […]
The Diaspora Dollar Lifeline: Can Nigeria Turn Record Remittances Into Lasting Economic Strength?
By FIDELUS ZWANSON A Record Month Raises Hopes for Nigeria’s Foreign-Exchange Market NIGERIA’S diaspora remittances have reached a significant milestone, but the record inflow raises a larger economic question: is the country attracting substantially more foreign currency, or are more existing transfers simply finding their way into the formal financial system? The Central Bank of […]
Fuel Price Relief Meets App-Only Rules As NNPC Defends Its Discount Policy
By ESTHER McWILLIS-IKHIDE [CARING NIKO‘s Post] NNPC’s ₦66 Fuel Discount: Relief Measure or Digital Adoption Drive? THE Federal Government’s decision to offer motorists temporary relief from rising fuel prices has brought a familiar policy challenge into focus: how can authorities deliver immediate economic support while companies pursue their own commercial and digital priorities? At the […]
Politics
₦33.75 Billion Cash Transfers: Auditors Fault Buhari, Tinubu-Era Office Over Missing Beneficiary Records
By OBIOMA TORI ₦76.24bn Audit Queries: Cash Transfer Office Faces Questions over Missing Vouchers & Weak Controls Audit Report Exposes Gaps in Social Protection Spending A federal programme designed to support Nigeria’s poorest households has come under fresh scrutiny after auditors flagged ₦76.24 billion in questioned expenditure at the National Cash Transfer Office (NCTO). The […]
Beyond The Political Debate: Engineers Detail Lagos–Calabar Highway Progress & Swamp Challenges
By ARIT OTONG UBOK 71km of Lagos–Calabar Highway Under Development in Akwa Ibom, Cross River, Officials Say FEDERAL works officials have reported construction progress on Sections 3A and 3B of the Lagos–Calabar Coastal Highway, which together cover 71 kilometres across Akwa Ibom and Cross River States. The update came during a guided inspection by youths […]
NDC Reveals ₦8.53 Billion Income, ₦2.4 Billion Spending In Seven Months, Promises Accountability
THE Nigeria Democratic Congress (NDC) has disclosed that it generated ₦8.529 billion from nomination forms, membership dues, levies and supporters’ contributions within approximately seven months of its establishment. During the same period, the party reported spending ₦2.402 billion on its activities. The figures leave a reported difference of ₦6.127 billion between the party’s inflows and […]
2027: Akwa Ibom Non-Indigenes Pledge Stronger APC Support As ₦800 Million Grant Is Proposed
By BASSEY BENSON Association Commends Governor’s Inclusion Policy THE Advisory Council Chairman of the Non-Indigenes Association in Akwa Ibom State, Onoriode Obareki, has commended Governor Umo Eno for promoting political inclusion and proposing an ₦800 million business grant for non-indigenes living in the state. Obareki spoke at the weekend in Uyo during the inauguration of […]