Month: August 2025

Procurement delays, insecurity, and rising costs have hindered state governments across Nigeria from meeting their capital expenditure targets in the first half of 2025. Budget performance reports for the second quarter show that despite ambitious allocations meant to drive infrastructure growth, actual spending fell far below expectations. Between January and June, 31 states spent a combined ₦2.75 trillion on capital projects, representing only 15.7 per cent of the ₦17.51 trillion

The United Kingdom has commended the economic reforms introduced by President Bola Tinubu, describing them as tough but necessary measures to reposition Nigeria’s economy. Speaking during a courtesy visit to First Lady Senator Oluremi Tinubu at the State House, Abuja, British High Commissioner to Nigeria, Richard Montgomery, said the reforms represent bold and courageous steps that are already creating new opportunities for trade and investment. He was accompanied by Deputy

Four South-West states — Lagos, Ogun, Oyo and Osun — have declared tomorrow a public holiday in honour of Isese Day, the annual festival dedicated to celebrating Yoruba culture, religion and traditions. In Lagos, Governor Babajide Sanwo-Olu approved the work-free day to allow residents, particularly traditional worshippers, to take part in the observance aimed at preserving and promoting indigenous heritage. Similarly, the Ogun State Government, through a statement signed by