News
Fresh Strike Looms As University Lecturers, ASUU Says Tinubu-Led Nigerian Government Yet To Fulfill Any Of Its Promises

The Academic Staff Union of Universities (ASUU) has said its members would consider embarking on another industrial action because the President Bola Tinubu-led Nigerian government is yet to fulfil any of its promises to them.
The ASUU National President, Prof. Emmanuel Osodeke, revealed this during an interview session, adding that the last month salaries were paid to them via the Integrated Personnel Payroll Information System (IPPIS) as against the government’s promise to stop that.
The IPPIS unveiled in 2006, is a government initiative aimed at streamlining payroll for government ministries, departments, and agencies.
It was later extended to universities and colleges but was vehemently rejected by the workers who embarked on a protracted strike in 2020, and 2021,
They complained of several irregularities associated with IPPIS.
This made the Nigerian government exclude tertiary institutions including universities, polytechnics, and colleges of education from the platform in December 2023.
Osodeke added that none of the union’s demands had been fulfilled.
In September 2023, the government announced a 35% increase in the salary of tertiary institution workers, retroactive to January 2023.
It also pledged to reimburse four months’ earnings out of the seven and a half months that were withheld during the 2022 nationwide strike.
Some other demands of ASUU, including payment of Earned Academic Allowance, and the unprogressive renegotiation of the 2009 ASUU-FGN agreement had at various times led to incessant strikes in the government-owned universities.
He maintained that there had been no official communication from FG, adding that everything was at a standstill.
“Our member will decide, that is the reason we have been going on strike, even for salary review, yet, nothing has been done. Our February salary was paid with IPPIS, so nothing has been done or implemented. The government should do the needful and implement all the agreements they had with us,” the ASUU President was quoted by PUNCH
Osodeke also stated that ASUU would shortly issue a press statement announcing its decision.
News
Official Disclaimer Notice From The Honourable Minister Of State For Finance , DR. Doris Uzoka -Anite

It has come to our attention that a fraudulent website — lankantamil.com — is falsely using the name, image, and identity of Dr. Doris Uzoka-Anite, Honourable Minister of State for Finance of the Federal Republic of Nigeria, in an attempt to mislead the public.
We state categorically that Dr. Uzoka-Anite has no affiliation whatsoever with the aforementioned website or any content being circulated in her name through that channel. The materials therein are entirely unauthorised, deceptive, and intended to misinform the public.
This is a case of digital impersonation and fraud, and the matter has already been reported to the appropriate law enforcement and cybersecurity authorities for investigation and takedown action.
Members of the public are strongly advised to:
Disregard any information, videos, or links associated with this website;
Avoid clicking on or sharing the fraudulent content;
Report such activity immediately to digital platforms or relevant agencies.
The Honourable Minister remains committed to transparent public service and official communication through verifiable and authorised channels only.
News
NIgeria’s External Borrowing Plan For 2024 -2026

On May 27, 2025, the President of the Federal Republic of Nigeria, His Excellency Bola Ahmed Tinubu, GCFR, formally requested the approval of the 2024 – 2026 External Borrowing Rolling Plan from the National Assembly. This press release
provides context and clarification on the purpose and significance of the request.
The proposed Borrowing Rolling Plan is an essential component of the Medium-Term Expenditure Framework (MTEF) in accordance with both the Fiscal Responsibility Act 2007 and the DMO Act 2003. The Plan outlines the external borrowing framework for both the federal and sub-national governments over a three-year period, accompanied by five detailed appendices on the projects, terms and conditions, implementation period, etc. By adopting a structured, forward-looking approach, the plan facilitates comprehensive financial planning and avoids the inefficiencies of ad hoc or reactive borrowing practices. This strategic method enhances Nigeria’s ability to implement effective fiscal policies and mobilize development resources.
The borrowing plan does not equate to actual borrowing for the period. The actual borrowing for each year is contained in the annual budget. In 2025, the external borrowing component is US $1.23 billion, and it has not yet been drawn. This is planned for H2 2025. Also, the plan is for both federal and several state governments across numerous geopolitical zones, including Abia, Bauchi, Borno, Gombe, Kaduna, Lagos, Niger, Oyo, Sokoto, and Yobe States.
Importantly, it should be noted that the Borrowing Rolling Plan does not equate to an automatic increase in the nation’s debt burden. The nature of the rolling plan means that borrowings are split over the period of the projects. For example, a large proportion of projects in the 2024. – 2026 rolling plan have multi-year draw downs of between 5 – 7 years, which are project-tied loans. These projects cut across critical sectors of the economy, including power grids and transmission lines, irrigation for improving food security, fibre optics network across the country, fighter jets for security, and rail and road infrastructure.
The majority of the proposed borrowing will be sourced from Nigeria’s development partners, including the World Bank, African Development Bank, French Development Agency, European Investment Bank, JICA, China EximBank, and the Islamic Development Bank. These institutions offer concessional financing with favourable terms and long repayment periods, thereby supporting Nigeria’s development objectives sustainably.
The government seeks to reiterate that the debt service to revenue ratio has started decreasing from its peak of over 90% in 2023. The government has ended the distortionary and inflationary ways and means. There are significant revenue expectations from the Nigerian National Petroleum Corporation (NNPC) and technology-enabled monitoring and collection of surpluses from Government Owned Enterprises and revenue-generating ministries, departments, and agencies, including legacy outstanding dues.
Having achieved a fair degree of macroeconomic stabilization, the overarching goal of the Federal Government is to pivot the economy onto a path of rapid, sustained, and inclusive economic growth. Achieving this vision requires substantial investment in critical sectors such as transportation, energy, infrastructure, and agriculture. These investments will lay the groundwork for long-term economic diversification and encourage private sector participation. Our debt strategy is therefore guided not solely by the size of our obligations but by the utility, sustainability, and economic returns of the borrowing. Ensuring that all borrowed funds are efficiently utilized and directed toward growth-enhancing projects remains a top priority.
In conclusion, the government remains committed to keeping borrowing within manageable and sustainable limits in accordance with the DMO Debt Sustainability Framework. The ongoing tax reform agenda and other revenue initiatives will further improve revenue generation and prudent financial management. We reaffirm our dedication to fiscal discipline, transparency, and accountability. Constructive public engagement and legislative oversight are vital components of our journey toward long-term economic stability and inclusive national prosperity.
News
Jafiya Pledges Support For Unity Schools’ Renewal

The Permanent Secretary, Federal Ministry of Finance, Mrs Lydia Shehu Jafiya, has assured the Unity Schools Old Students Association (USOSA) of her commitment to collaborating with relevant Ministries, Departments, and Agencies (MDAs) of the Federal
Government to address the current challenges plaguing the Schools in the country
The Permanent Secretary gave this assurance during a courtesy visit by the USOSA delegation led by its President General, Mr Michael Ibrahim Magaji, to her office in Abuja today.
Mrs Jafiya emphasized the priority accorded to Education under the Renewed Hope Agenda of the President Bola Ahmed Tinubu-led Administration and assured the delegation of her commitment to collaborating with relevant MDAs to find solutions.
Led by Mr Magaji, the delegation comprising representatives of EXCOs from various Unity Schools, including Sokoto, Yola, Warri, Jos, Kano, Ibillo, Bwari, and Ogbomosho, stated that their visit was to solicit the Permanent Secretary’s kind intervention towards addressing the challenges facing Unity Schools in the country
The delegation highlighted pressing issues affecting students and teachers, including inadequate electricity, lack of digitization, health concerns, dilapidated hostel accommodations, as well as security threats, and appealed to the Permanent Secretary to leverage her position to engage relevant MDAs, including Education, Communication and Digital Economy, Health, and Lands, to address these issues.
Notably, as an old student of Unity Schools herself, Mrs Jafiya expressed her resolve to support the renewal of Unity Schools, underscoring her commitment to the alma mater.
The Permanent Secretary’s commitment marks not only a significant step towards revitalizing these institutions but more importantly enhancing the learning experience for Nigerian students, paving the way for collaborative efforts to restore Unity Schools to their former glory
-
Sports11 months ago
Ajegunle City Youth Marathon Holds November 30
-
Sports1 year ago
Rilwan Abdulafeez Defeat Samuel Moses To Win HBE Title
-
Sports1 year ago
Tunde Fadare wins Brand New Car At NNPC Table Tennis Championship
-
Sports5 months ago
Nigerian Cyclist Samuel Fasema Completes Epic Lagos to Maiduguri Ride
-
News1 year ago
Edo Gubernatorial Election: Alex Otti Throws Weight Behind Olumide Akpata
-
Entertainment2 years ago
First Lady, Shettima’s Wife Extend Support to Ailing Nollywood Icon Zack Orji
-
Sports1 year ago
AIPS AWARD: Lagos SWAN Congratulates Abiodun Adewale For Winning AIPS/AGL AWARD in Abidjan.
-
News1 year ago
AFRICAN WARRIORS FIGHTING CHAMPIONSHIP ‘KING OF DAMBE’ TO FEATURE 1ST FIGHTER FROM GREAT BRITAIN COMPETING IN DAMBE