Tosin Onisuuru

The Federal Government has explained why it introduced a ₦50,000 cash grant for vulnerable Nigerians, citing rising food prices, the high cost of essential goods and increasing financial pressure on households. The initiative, known as the National Emergency Relief and Stabilisation Intervention (NERSI), was announced on October 30,...

Thirty-one Nigerian state governments spent a combined ₦45.04 billion on fuel for official vehicles, plants and electricity generators during the first six months of 2026. The expenditure represents a 14.35 per cent increase from the ₦39.38 billion recorded by the same states during the corresponding period in 2025. The...

Nigeria lost approximately 3.33 million barrels of crude oil to theft in 2025, according to figures released by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC). The commission’s annual report, released on Thursday, November 5, 2026, revealed that nearly two-thirds of the reported losses occurred during the final quarter...