The federal government of Nigeria has debunked allegations that the health of a United States Binance executive, Tigran Gambaryan is deteriorating while in custody at Kuje Correctional Service.
Nigeria's Minister of Information and National Orientation, Mohammed Idris, has said that "the ongoing trial of rogue online platform, Binance, and one of its Chief Executives, who illegally trade in cryptocurrency in Nigeria", Tigran Gambaryan, is following due process recognized by the laws of the Federal Republic of Nigeria.
The Minister of Information and National Orientation, Mohammed Idris, has said that the federal government cannot sustain paying organized labour the N494,000 minimum wage they are demanding for Nigerian workers.
The Federal Government is set to redirect about N1 trillion savings from the electricity subsidy removal to social services and power supply improvements across the country.
President Bola Tinubu has revealed that within the first nine months of his term, his administration has successfully drawn $30 billion in Foreign Direct Investment (FDI) commitments, bolstering the Nigerian economy.
The Federal Government and the governors of the 36 states are considering the creation of state police as part of measures to address the worsening security challenges across the country.
President Bola Tinubu has directed the Ministry of Agriculture and Food Security to immediately release about 42,000 metric tons of maize, millet, and other commodities from the national strategic reserves.
The Minister of Information, Mohammed Idris, has revealed that the federal government may resort to food importation as a short-term strategy to address the increase in the prices of food items in the country.
The Federal Government has announced that food items would be released from the National Food Reserves as part of the measures to crash food prices.
The Minister of Information and National Orientation, Mohammed Idris, has announced that the Presidential Initiative to deploy Compressed Natural Gas (CNG) mass transit buses is anticipated to lead to a reduction of over 50% in transport costs.
The Minister of Information and National Orientation, Mohammed Idris, has stated that the federal government is investigating the alleged transfer of N585 million grant meant for vulnerable groups in Akwa Ibom, Cross River, Ogun and Lagos states into a private account.
President Bola Tinubu’s administration signed some positive economic deals and investments in 2023 despite its grappling with economic challenges and a record-high inflation rate.
