The Federal Government has introduced a 10-year framework to mobilise about $1 billion in blended finance for restoring two million hectares of degraded forests, reducing deforestation by 20 per cent and creating 1.5 million green jobs. The programme could influence activity in agriculture and natural-resources-related areas.
The Federal Government says Nigeria is on track toward becoming a N1 trillion economy, citing its economic growth trajectory and improved macroeconomic stability. President Bola Tinubu called for translating stability into broad prosperity, while officials urged citizens to assess competing economic policy promises.
NNPC remitted cumulative N7.913 trillion to the Federation from January to July 2026, while reporting N3.087 trillion revenue in one month and N279 billion profit after tax. The figures highlight public petroleum revenue flows relevant to Nigeria’s oil and gas landscape.
Former Cross River State governor Donald Duke criticised the federal government’s description of petrol and other energy interventions as subsidies. He argued that Nigeria should sell its natural resources to citizens at production cost, placing the discussion within the broader context of energy pricing and government policy.
The federal government has reaffirmed its commitment to cheaper and cleaner transportation through a reported $2 billion investment in compressed natural gas infrastructure. Officials said 120,000 vehicles have been converted and 7,700 technicians trained, while users and fleet managers are reporting fuel-cost savings.
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