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Nigeria's Debt Interest Payments Soar 37.5% to N7.7 Trillion in H1 2026, Exceeding Revenue
Business
13 Oct•The Abuja Times

Nigeria's Debt Interest Payments Soar 37.5% to N7.7 Trillion in H1 2026, Exceeding Revenue

In a stark revelation, Nigeria's debt interest payments surged to N7.7 trillion in the first half of 2026, outpacing government revenue by N1.5 trillion, according to the World Bank. This alarming trend underscores the mounting pressures of debt servicing on the nation’s public finances amidst a recovery in federal revenues.

Buratai Clarifies $1 Billion Military Arms Fund Controversy at DECAN Conference
News
13 Oct•The Abuja Times

Buratai Clarifies $1 Billion Military Arms Fund Controversy at DECAN Conference

Retired Lt.-Gen. Tukur Buratai has asserted that the $1 billion allocated for military arms procurement was not deposited into private accounts, addressing concerns during a keynote speech in Abuja. His remarks highlight the necessity for transparency and accuracy in discussions surrounding Nigeria's defense funding and procurement processes.

Tragic Road Accident Claims Life of NYSC Member in Ibadan
News
13 Oct•The Abuja Times

Tragic Road Accident Claims Life of NYSC Member in Ibadan

The Federal Road Safety Corps has confirmed the death of a female National Youth Service Corps member following a road accident in Ibadan on Monday. The incident, involving a motorcycle and an articulated truck, has drawn attention to ongoing road safety concerns in the region.

Minister Clarifies NNPC's Fuel Discount as a Relief Measure, Not Subsidy Reinstatement
News
12 Oct•The Abuja Times

Minister Clarifies NNPC's Fuel Discount as a Relief Measure, Not Subsidy Reinstatement

Minister Idris emphasizes that the recent petrol discount offered by the NNPC is a strategic decision aimed at alleviating the burden of rising fuel prices on consumers, rather than a return to the controversial subsidy system. This move is intended to balance corporate profitability with public affordability amidst economic pressures.

Over 120,000 Vehicles Converted Under Tinubu’s CNG Initiative, Minister Reports
Business
12 Oct•The Abuja Times

Over 120,000 Vehicles Converted Under Tinubu’s CNG Initiative, Minister Reports

The Nigerian government has successfully converted more than 120,000 vehicles to compressed natural gas (CNG) as part of President Tinubu's initiative, according to Minister Idris. The initiative also boasts over 400 certified conversion centres and more than 90 refuelling stations across the country, with plans for an additional 180 stations underway.

Nigeria Allocates $3 Billion for Health Sector Development by 2030
News
12 Oct•The Abuja Times

Nigeria Allocates $3 Billion for Health Sector Development by 2030

The Nigerian government has announced a significant investment of $3 billion aimed at enhancing its health sector by the year 2030, with a focus on achieving self-sustainability in healthcare financing. This initiative is part of a collaborative transition effort to strengthen health infrastructure and services nationwide.

Kaduna Governor Uba Sani Highlights Mental Health Initiatives on World Mental Health Day
News
12 Oct•The Abuja Times

Kaduna Governor Uba Sani Highlights Mental Health Initiatives on World Mental Health Day

Governor Uba Sani of Kaduna State has announced significant advancements in mental health services during a ceremony at the Federal Neuro-Psychiatric Hospital. This declaration coincided with the observance of World Mental Health Day 2026, emphasizing the government's commitment to integrating mental health into the broader healthcare system.

Opposition Parties Condemn Violence Against NDC Supporters in Enugu
News
12 Oct•The Abuja Times

Opposition Parties Condemn Violence Against NDC Supporters in Enugu

Political parties in Enugu have expressed outrage over recent attacks on supporters of the National Democratic Coalition (NDC) during a campaign event. The Enugu State Government has denied any involvement in the violence that erupted on Saturday.

Makinde Campaign Criticizes Tinubu's N60 Fuel Discount as Political Stunt
News
12 Oct•The Abuja Times

Makinde Campaign Criticizes Tinubu's N60 Fuel Discount as Political Stunt

The Makinde/Daura Presidential Campaign Organisation has labeled President Tinubu’s N60 fuel discount as a mere political maneuver, arguing it fails to address the economic struggles faced by Nigerians. They point to recent petrol price hikes as evidence that the administration's claims of relief are disconnected from reality.

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