8 h. ago Failed Water Projects: Nigeria To Pay W/Bank $6.25m Yearly For 40 Years

Nigeria is set to repay $6.25 million annually over the next 40 years, totalling more than $250 million, excluding interest, for a World Bank loan meant to improve water access in Ekiti, Bauchi, and Rivers states, despite negligible results, a new report has revealed. Approved in 2015, the Third National Urban Water Sector Reform Programme […]

Politics

55 h. ago Adagba launches divine consensus for Alia 2027, awards scholarship to Jechira students

The Executive Chairman, Benue State Universal Basic Education Board (SUBEB), Dr. Grace Adagba, has presented financial scholarships to 14 students of Jechira extraction studying Agriculture and Science-related disciplines in various higher institutions across Nigeria. The presentation was made during the launch of her pet project, “Divine Consensus for Alia 2027,” held at the Vandeikya Township […] The post Adagba launches divine consensus for Alia 2027, awards scholarship to Jechira students appeared first on The Sun Nigeria.

Politics

65 h. ago World Bank’s 56% poverty rate projection for 2027 worries NACCIMA, OPS 

The World Bank’s projection that Nigeria’s poverty rate could soar to 56 percent by 2027 is now a source of read more World Bank’s 56% poverty rate projection for 2027 worries NACCIMA, OPS 

Politics

5 d. ago Global market turbulence tests Nigeria’s ambitious 2025 spending plan

Six months ago, an article titled “Why Nigeria’s bold budget projections could backfire” was published by BusinessDay. It flagged a read more Global market turbulence tests Nigeria’s ambitious 2025 spending plan

Politics

5 d. ago World Bank forecasts 3.4% economic growth for Nigeria in 2025

From Adanna Nnamani, Abuja The World Bank has announced a positive outlook for Nigeria’s economy, projecting a growth rate of 3.6 per cent in 2025, following an estimated expansion of 3.4 per cent in 2024. This optimistic forecast comes as reforms begin to demonstrate their potential in stabilizing the country’s macroeconomic environment. Released in the […] The post World Bank forecasts 3.4% economic growth for Nigeria in 2025 appeared first on The Sun Nigeria.

Politics

5 d. ago Wike inspects FCT road projects, targets May 2025 completion

From Juliana Taiwo-Obalonye, Abuja Federal Capital Territory (FCT) Minister Nyesom Wike, during a comprehensive inspection of key road projects on Thursday, expressed confidence in meeting completion deadlines for President Bola Tinubu’s second anniversary in May. A press release by Director of Press Anthony Ogunleye detailed Wike’s satisfaction with the progress and quality of several infrastructure […] The post Wike inspects FCT road projects, targets May 2025 completion appeared first on The Sun Nigeria.

Politics

5 d. ago NEC approves textile board, $90bn agribusiness, livestock plan

Shettima: We’re builders of a sustainable future, not crisis managers Byline: Juliana Taiwo-Obalonye, Abuja The National Economic Council (NEC), chaired by Vice President Kashim Shettima, on Thursday, approved the Cotton, Textile, and Garment Development Board and agribusiness and livestock strategies projected to generate $74–$90 billion by 2035, aiming to boost Nigeria’s economy and address insecurity. […] The post NEC approves textile board, $90bn agribusiness, livestock plan appeared first on The Sun Nigeria.

Politics

6 d. ago Zamfara: UNDP applauds Governor Lawal’s commitment to projects’ counterpart funding

The United Nations Development Programme (UNDP) has praised Governor Dauda Lawal for his commitment to providing counterpart funding for a number of projects to benefit the people of Zamfara State. The UNDP Head of the North-West Nigeria Office, Ashraf Usman, spoke on Wednesday at the launch of the North-West Prevention Facility Project in Gusau. According […] The post Zamfara: UNDP applauds Governor Lawal’s commitment to projects’ counterpart funding appeared first on The Sun Nigeria.

Politics

7 d. ago IMF Lowers Nigeria’s 2025 Growth Forecast To 3.0% On Weakening Oil Price

The International Monetary Fund (IMF) has revised downward Nigeria’s economic growth projections for 2025 and 2026, to 3.0 for 2025 and 2.7 for 2026 as global uncertainties grow and sustained weaknesses in oil prices impact the country’s economy. This is as it sees a growing probability of a recession from per cent in October to […]

Politics

7 d. ago Local Refining Surge To Make Nigeria Net Petroleum Exporter By 2027– PETROAN

Nigeria is on track to become a net petroleum exporter within two years, driven by a surge in local refining capacity, according to the Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN). This projection follows the Nigerian Midstream and Downstream Petroleum Regulatory Authority’s (NMDPRA) milestone of licensing 83 refineries, with a combined total refining […]

Politics

7 d. ago IMF forecasts 3% growth for Nigeria 2025, below the government’s 4.6% target

The International Monetary Fund projected that Nigeria’s economy will grow by 3.0 percent in 2025, according to its latest WEO report. read more IMF forecasts 3% growth for Nigeria 2025, below the government’s 4.6% target

Politics

7 d. ago Nigeria to become full petroleum exporting country in two years – PETROAN

The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has projected that Nigeria will become a full petroleum exporting read more Nigeria to become full petroleum exporting country in two years – PETROAN

Politics

7 d. ago Angry netizens blast presidency over N10bn solar power project

By John Ogunsemore The presidency’s planned N10 billion expenditure on solar power installation at the State House, Abuja, has elicited scathing criticism from Nigerians on social media. Daily Sun reports that N10 billion was allocated in the 2025 Appropriation Act for installing a solar mini-grid at the Presidential Villa, following increased energy bills and unreliable […] The post Angry netizens blast presidency over N10bn solar power project appeared first on The Sun Nigeria.

Politics

9 d. ago Bauchi: Gubi water plant deaths result of safety failures – Police

From Paul Orude, Bauchi Four workers died at the Gubi Water Treatment Plant in Bauchi State during a routine sludge cleaning operation on April 19, in what police described as a preventable tragedy. The Bauchi State Police Command blamed inadequate safety measures as a key factor. Police spokesperson Ahmed Wakil said the workers entered a […] The post Bauchi: Gubi water plant deaths result of safety failures – Police appeared first on The Sun Nigeria.

Events

9 d. ago Davido Ventures Into Filmmaking, Promises Exciting Movie Projects

Award-winning Nigerian singer Davido has unveiled plans to grow his creative empire by venturing into the movie industry. During a recent interview on Darryl Vega TV, which was shared on YouTube on Saturday, the ‘Be There Still’ hitmaker revealed that he plans to produce several films and series this year. The 32-year-old singer shared that […] The post Davido Ventures Into Filmmaking, Promises Exciting Movie Projects appeared first on Information Nigeria.

Politics

1 week ago AU projects $1bn feed, fodder investment potential in Nigeria

From Okwe Obi, Abuja   The African Union Inter-African Bureau for Animal Resources (AU-IBAR) has estimated a $1 billion investment opportunity for Nigeria’s feed and fodder sector. The AU disclosed this at the High-Level Inventory and Investment Forum for Nigeria in Abuja, yesterday. The theme of the conference was: ‘Harnessing Feed and Fodder Data for […] The post AU projects $1bn feed, fodder investment potential in Nigeria appeared first on The Sun Nigeria.

Politics

1 week ago Farmers urge National Assembly to fund TELA maize with constituency projects

Byline: Noah Ebije, Kaduna Nigerian farmers have urged the federal government and the National Assembly to allocate constituency project funds to provide high-quality seeds, particularly TELA maize, to reduce maize imports. Smallholder farmers, facing challenges accessing improved seeds, criticise the misuse of lawmakers’ constituency allowances on infrastructure with minimal impact on food security. Shehu Usman, […] The post Farmers urge National Assembly to fund TELA maize with constituency projects appeared first on The Sun Nigeria.

Politics

1 week ago Nigeria secures major mining investment, targets $25bn GDP boost, $8bn FX – Alake

The Federal Government has announced a major mining investment deal projected to inject $1.3 billion into Nigeria’s solid minerals sector, read more Nigeria secures major mining investment, targets $25bn GDP boost, $8bn FX – Alake

Politics

1 week ago Dangiwa threatens to blacklist developers over substandard projects

From Isaac Anumihe, Abuja Minister of Housing and Urban Development, Architect Ahmed Musa Dangiwa, has issued a stern warning to developers handling Renewed Hope Housing Projects across the country, urging them to ensure timely delivery and strict adherence to quality standards. Speaking during a status review meeting with developers on ongoing housing projects in several […] The post Dangiwa threatens to blacklist developers over substandard projects appeared first on The Sun Nigeria.

Politics

2 w. ago NSDC, SINOMACH Seal $1bn Deal To Boost Nigeria’s Sugar Industry

The National Sugar Development Council (NSDC) has signed a landmark Memorandum of Understanding (MoU) with China’s state-owned conglomerate, SINOMACH, to develop a large-scale sugarcane cultivation and processing project in Nigeria with a target capacity of one million metric tonnes of sugar. The agreement, which is an early outcome of the Nigeria-China Strategic Partnership championed by […]

Politics