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Nwoye Warns SEDC Against Overspending on Conferences, Questions Security Allocations

By George Ozalla Senator Tony Okechukwu Nwoye has cautioned the South East Development Commission (SEDC) over its proposed 140 billion naira 2026 budget, urging the agency to reduce spending on workshops, conferences, and seminars and focus instead on projects that deliver visible development across the South‑East region. The warning came on Tuesday, February 25, 2026, when […]

Edun, Bagudu, Adedeji and Other Agency Heads Defend Fiscal Performance Before NASS

By George Ozalla The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, led key government economic managers and revenue agency heads to the National Assembly on Thursday to defend the Federal Government’s 2025 budget performance and present the proposed 2026 fiscal framework to lawmakers. Edun was joined by the Minister of Budget […]

Afreximbank, African Leaders Launch Infrastructure Financing Facility to Fast-Track Cross-Border Projects

By George Ozalla African leaders, in partnership with the African Export-Import Bank (Afreximbank) and other continental financial institutions, have launched the Africa Infrastructure Financing Facility to accelerate the preparation and funding of priority cross-border infrastructure projects across the continent.The facility was unveiled during the Third Presidential High-Level Dialogue of the Alliance of African Multilateral Financial […]

NDPHC Completes Risk Engineering Survey at Omotosho Power Plant

By George Ozalla The Niger Delta Power Holding Company has completed a comprehensive insurance risk engineering survey at the Omotosho Power Station as part of ongoing measures to strengthen operational safety, improve asset reliability, and enhance electricity generation under the National Integrated Power Project.The exercise, which formed part of the company’s nationwide technical and risk […]

Soludo Inaugurates Commission Of Inquiry Into Awka Traditional Stool Dispute

By George Ozalla The Governor of Anambra State, Charles Chukwuma Soludo, has inaugurated a Commission of Inquiry to investigate the protracted dispute surrounding the traditional stool of Awka, known as the Eze Uzu throne.The Commission was inaugurated on Tuesday, February 24, 2026, at the Deputy Governor’s Conference Hall, Light House, Awka, with senior government officials […]

SEDC Defends N140bn 2026 Budget Before Senate Amid Calls for Accountability

By George Ozalla The South East Development Commission (SEDC) appeared before the National Assembly on February 24, 2026 to defend its 2026 budget proposal and present a comprehensive development plan for the South-East region. The Managing Director of the commission, Mark Okoye, appeared before the Senate Committee on South-East Development Commission seeking legislative approval for […]

Edun Warns World Leaders of Debt Crisis Threatening Developing Economies

By George Ozalla Finance Minister Wale Edun has sounded the alarm over rising debt distress in developing countries and urged concerted global action to avert a full‑blown crisis, saying the situation demands urgent policy responses ahead of worsening economic prospects. Addressing delegates at the Group of Twenty‑Four on International Monetary Affairs and Development meeting in […]

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