Nigeria’s internally generated revenue (IGR) recorded a remarkable 49.7 percent growth in 2024, reaching ₦3.63 trillion, up from ₦2.43 trillion in 2023, according to the latest report by the National Bureau of Statistics (NBS). The report highlights significant progress in subnational revenue generation, led by Lagos, Rivers, and the Federal Capital Territory (FCT). Lagos Maintains Its Lead as Nigeria’s Economic Powerhouse Lagos State retained its position as the nation’s economic hub, generating an impressive ₦1.26 trillion — over one-third of the total IGR nationwide. The figure underscores Lagos’ dominance in commerce, taxation efficiency, and diversified economic activities. Following closely, Rivers State contributed ₦317.30 billion, reflecting steady growth in industrial and oil-related sectors, while the Federal Capital Territory (FCT) posted ₦282.36 billion, showing stronger fiscal performance compared to previous years. Together, these three regions accounted for nearly 52 percent of Nigeria’s total IGR in 2024. Understanding the IGR Composition According to the NBS, the ₦3.63 trillion IGR is derived mainly from two broad sources: tax revenues and revenue from Ministries, Departments, and Agencies (MDAs). Meanwhile, non-tax revenue — including service charges, licenses, and permits collected by MDAs — made up the remaining 26.65 percent. Several states reported improved collections due to better digitization and automation of payment systems. States’ Performance and Regional Disparities While Lagos, Rivers, and the FCT led the pack, a few other states also showed commendable performance. Enugu State joined the top five with ₦180.50 billion, surpassing some oil-producing states such as Edo and Delta. On the other end of the spectrum, Yobe (₦11.08 billion), Ebonyi (₦13.18 billion), and Kebbi (₦16.97 billion) ranked among the lowest-performing states, underscoring the wide fiscal gap between Nigeria’s wealthiest and least productive regions. The report further revealed that southern states generally outperform the northern states in internal revenue generation, due largely to stronger business environments, diversified economies, and more developed tax infrastructures. Key Drivers Behind the 2024 IGR Growth Experts attribute the surge in IGR to a combination of reforms and digitization initiatives rolled out across various states. Some of the driving factors include: Despite these gains, analysts warn that inflation and higher commodity prices may have inflated nominal revenue growth figures. Challenges and Outlook While Nigeria’s IGR performance in 2024 marks substantial progress, disparities among states remain a major concern. Heavy reliance on federal allocations still defines the fiscal structure of many northern states. To ensure sustainable growth, stakeholders recommend: As Nigeria’s fiscal reforms continue to evolve, the steady rise in internally generated revenue offers a positive signal for subnational economic resilience and financial independence.
Winner of the recently concluded Big Brother Naija Season 10, Opeyemi Ayanwale, popularly known as Imisi, has opened up about her biggest inspiration in the Nigerian entertainment industry. The reality star expressed deep admiration for the award-winning actress, producer, and filmmaker Funke Akindele, describing her as her “number one mentor” and a significant influence in her journey. During her post-show media rounds, Imisi shared that collaborating with Funke Akindele has been one of her biggest dreams since she began pursuing her career in the entertainment world. She stated that Funke’s resilience, creativity, and ability to consistently deliver powerful stories in Nollywood have motivated her to push beyond limits. According to the BBNaija winner, Funke Akindele’s work ethic and versatility are qualities she hopes to emulate in her future projects. Imisi highlighted that watching Funke transition from an actress in the popular sitcom Jenifa’s Diary to a record-breaking movie producer with projects like Battle on Buka Street and A Tribe Called Judah has been incredibly inspiring. She said, “Funke Akindele is my number one mentor. I’ve learned a lot from her journey, her growth, and the way she keeps breaking barriers in Nollywood. Working with her someday will be a dream come true for me.” Imisi further expressed her commitment to following in Funke’s footsteps by venturing into acting and movie production soon. She added that her goal is not just to become famous but to create impact-driven projects that tell meaningful stories, just like her role model. Since emerging as the Big Brother Naija Season 10 winner, Imisi has been making waves with media appearances and endorsement opportunities. Her openness about her admiration for Funke Akindele has earned her praise from fans who commend her humility and vision. Funke Akindele, on the other hand, remains one of Nollywood’s most influential figures, with multiple accolades and record-breaking achievements in the Nigerian box office. Her latest production, A Tribe Called Judah, became the highest-grossing Nigerian movie in history, solidifying her status as a powerhouse in African cinema. As fans eagerly anticipate possible collaborations between the two, Imisi’s revelation sheds light on how Funke Akindele continues to shape the next generation of creatives in the entertainment industry.
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President Bola Ahmed Tinubu has conferred one of Nigeria’s most prestigious national awards, the Commander of the Order of the Niger (CON), on the immediate past Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu. This recognition comes shortly after Professor Yakubu officially concluded his tenure as INEC Chairman, a position he held with distinction, navigating some of Nigeria’s most pivotal electoral periods. The award was presented in acknowledgment of his contributions to the nation’s democratic development, particularly his commitment to ensuring electoral reforms and the strengthening of Nigeria’s voting process. Professor Yakubu, who served as INEC Chairman since 2015, played a vital role in organizing multiple general elections across the country. His leadership saw the introduction of technological innovations such as the Bimodal Voter Accreditation System (BVAS) and the INEC Result Viewing Portal (IReV) — two tools that redefined election transparency in Nigeria’s democratic history. According to reports, the conferment of the CON award signifies President Tinubu’s recognition of Yakubu’s service to the nation, even amidst controversies and challenges surrounding Nigeria’s electoral process. The honour also reflects the administration’s continued effort to celebrate individuals who have contributed to the integrity and progress of national institutions. Political observers have described the gesture as both symbolic and strategic, emphasizing that it could foster continuity in strengthening the nation’s electoral system. Others noted that such honours encourage public office holders to serve with diligence and accountability. The award ceremony, which took place at the State House, Abuja, had in attendance top government officials, political dignitaries, and members of the National Assembly. It also marked a moment of reflection for Yakubu, who expressed gratitude for the recognition while reaffirming his belief in the future of Nigeria’s democratic institutions. Tinubu’s administration continues to underscore the importance of honouring leaders who have served with dedication, and the recognition of Professor Yakubu stands as a reminder of the government’s commitment to democratic consolidation and institutional respect.
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Former Big Brother Naija champion, Mercy Eke, has revealed that her victory in the fourth season of the popular reality television show was not just a personal achievement but a symbolic win for all young women striving for success. Mercy Eke, who emerged as the first female winner of Big Brother Naija Season 4 (Pepper Dem edition), explained that her triumph represented resilience, courage, and the endless potential of young women across Nigeria and beyond. According to her, the journey to success in the Big Brother house was not easy, but every challenge became a lesson in perseverance and strength. In her words, Mercy emphasized that her win was not solely about fame or fortune but about motivating every woman who dares to dream big despite obstacles. She highlighted that her story stands as proof that determination, confidence, and self-belief can break societal barriers and empower other women to chase their goals fearlessly. The reality TV star, businesswoman, and influencer has since built a successful brand around herself, venturing into entertainment, fashion, and entrepreneurship. Mercy Eke’s legacy continues to inspire millions of women, showing that dreams are achievable when one stays committed and true to their vision. Through her achievements, she has become a symbol of hope and empowerment for Nigerian youth, especially women aiming to create a name for themselves in the competitive entertainment industry. Her success on the Big Brother Naija platform further underscores the impact of women’s representation in media and how it continues to encourage gender equality, leadership, and creativity among the younger generation.
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Benin Republic national football team coach, Gernot Rohr, has officially released his 25-man squad for the upcoming 2026 FIFA World Cup qualifying matches against Rwanda and Nigeria. Notably, Remo Stars’ talented goalkeeper, Serge Obassa, has been named among the invited players, a decision that has generated excitement among Nigerian football fans and analysts. The inclusion of Serge Obassa marks a significant milestone in the goalkeeper’s career, as he continues to make a name for himself both domestically and internationally. Obassa’s remarkable performance in the Nigeria Premier Football League (NPFL) with Remo Stars has drawn widespread recognition, earning him a well-deserved call-up to represent Benin Republic in one of Africa’s most anticipated qualifiers. Gernot Rohr, who previously managed the Super Eagles of Nigeria, seems confident in his squad selection as Benin Republic prepares to face tough opponents in their World Cup qualifying campaign. Rohr’s experience with African football and his familiarity with Nigerian players may provide his team with a tactical edge when the Squirrels meet the Super Eagles. The 2026 FIFA World Cup qualification series promises to be a fierce contest, as several African nations aim to secure a ticket to the global tournament to be co-hosted by the United States, Canada, and Mexico. For Benin Republic, facing Nigeria—one of Africa’s football powerhouses—will test their squad’s readiness, discipline, and tactical structure under Rohr’s leadership. Fans of Remo Stars and Nigerian football enthusiasts have expressed mixed feelings about Obassa’s inclusion in the Benin Republic squad. While many celebrate his growth and exposure, others view it as a loss for Nigerian football, considering his impressive record in domestic competitions. As the matches approach, football lovers across Africa are eagerly waiting to see how Benin Republic will perform against Rwanda and the Super Eagles. Rohr’s team selection, especially the addition of Obassa, adds an interesting twist to the fixture, potentially influencing the dynamics between both nations on the field. The upcoming World Cup qualifiers are set to showcase high-level competition, and all eyes will be on Serge Obassa as he seeks to prove his worth on the international stage. His performance could determine not only his future prospects but also Benin Republic’s chances of progressing in the qualification journey.
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Nigerians will now bear the burden of paying more for Premium Motor Spirit (PMS), widely referred to as petrol, following the unresolved dispute between Dangote Refinery and the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). The much-anticipated meeting involving representatives of the Federal Government of Nigeria, Dangote Refinery executives, and PENGASSAN leaders ended in a deadlock, leaving millions of citizens uncertain about the future of fuel prices. The lack of agreement means that the already soaring cost of living is set to worsen as households and businesses continue to struggle with inflation. For many Nigerians, this development represents yet another economic challenge. Fuel, being a vital commodity for transportation, power generation, and industrial activities, plays a crucial role in daily life. Any increase in its price automatically affects the cost of goods and services across the nation. Industry stakeholders had expected the meeting to provide relief and possibly stabilize fuel supply and pricing. However, the absence of consensus between Dangote Refinery and PENGASSAN has only deepened the crisis. While the refinery insists on certain operational terms, the association remains firm in defending the welfare and rights of its members. This stalemate highlights broader concerns within Nigeria’s petroleum sector. Despite having Africa’s largest refinery, Nigerians are yet to experience the expected benefits of local refining. The tension between key players raises questions about the government’s regulatory role and its ability to mediate effectively in critical national economic issues. The immediate outcome of this unresolved conflict is an upward adjustment in petrol prices at filling stations nationwide. Motorists, transport operators, and everyday citizens are now forced to spend more on fuel, triggering fears of another round of price hikes in food, transportation, and essential commodities. Economic analysts warn that if the disagreement persists, the ripple effect could push more families into poverty and slow down small and medium-scale businesses that depend heavily on fuel. Calls are mounting for the Federal Government to intervene decisively to resolve the impasse between Dangote Refinery and PENGASSAN before the situation escalates further. At this point, Nigerians are left with rising costs, dwindling purchasing power, and mounting frustration. The expectation is that dialogue will eventually resume, but until then, the fuel price increase remains a harsh reality for millions.
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The Nigerian Railway Corporation (NRC) has confirmed that the Abuja–Kaduna passenger train service will soon resume full operations following the recent derailment that temporarily halted the route. The derailment, which had raised safety concerns among commuters, led to a short suspension of the train service. NRC, however, assured passengers that comprehensive safety checks and technical assessments have been conducted to ensure the reliability of the rail line before reopening. According to NRC officials, the Abuja–Kaduna train is one of the busiest railway routes in Nigeria, providing thousands of passengers with a vital alternative to road travel between the Federal Capital Territory and Kaduna State. The corporation explained that extensive maintenance and inspection efforts were carried out on the affected section of the track, alongside a reinforcement of safety protocols to prevent similar incidents in the future. Passengers can expect full resumption of services soon, with additional monitoring measures and enhanced security features in place. NRC has emphasized its commitment to delivering safe, efficient, and reliable rail transport across Nigeria while reassuring the public that passenger safety remains its top priority. The Abuja–Kaduna rail corridor, since its launch, has played a critical role in easing road traffic and improving connectivity between Abuja and northern regions. Many commuters consider the train a safer and faster travel option, and its quick resumption is expected to boost confidence in rail transport.
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The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) has officially announced a nationwide strike, sending shockwaves across the country’s oil and gas industry. The declaration comes at a critical time when the Nigerian economy is heavily dependent on crude oil revenues, and any disruption in operations could have far-reaching implications. According to reports, the leadership of PENGASSAN decided to embark on this industrial action after failed negotiations with relevant authorities over lingering issues affecting their members. The association expressed dissatisfaction with unresolved welfare concerns, working conditions, and what they described as the government’s failure to address pressing challenges in the sector. The strike is expected to impact petroleum production, refining, and distribution, possibly leading to shortages of fuel across different states if the situation persists. PENGASSAN leaders have emphasized that the action was not taken lightly, but rather as a last resort after exhausting dialogue and consultations. This development has raised concerns among Nigerians who fear potential fuel scarcity, price hikes, and a ripple effect on the already struggling economy. Experts warn that prolonged strike actions in the oil and gas sector could severely affect government revenues, electricity supply, and businesses dependent on petroleum products. Stakeholders have therefore called on the Federal Government and the Ministry of Labour to urgently intervene and resolve the matter before the strike escalates further. The resolution of this crisis is vital, not only to safeguard the interests of oil and gas workers but also to protect the overall stability of Nigeria’s energy supply chain.
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The 2023 presidential flag bearer of the Labour Party, Peter Obi, has extended heartfelt congratulations to Oba Rashidi Adewolu Ladoja, popularly known as Arusa I, on his official installation as the 44th Olubadan of Ibadanland. Peter Obi described the event as “a new dawn” for the people of Ibadanland, noting that the ascension of Oba Ladoja to the revered throne represents not only the continuity of cultural heritage but also a period of renewed hope for the Yoruba community. The former Anambra State governor highlighted the importance of the Olubadan stool, emphasizing that it carries with it centuries of history, unity, and leadership. According to him, the position of the Olubadan is more than just a traditional role—it symbolizes the strength and resilience of Ibadanland. In his congratulatory message, Peter Obi stressed that Oba Ladoja’s leadership qualities, wisdom, and experience will undoubtedly contribute to strengthening peace, development, and cultural values in the region. He prayed for a successful reign filled with wisdom, prosperity, and blessings for the people of Ibadanland. The installation of Oba Ladoja marks a defining moment in the history of Ibadan, bringing together prominent traditional rulers, political leaders, and indigenes to celebrate the legacy of their culture. Many see his emergence as the Olubadan of Ibadanland as a unifying force and an opportunity to foster greater progress for the Yoruba nation. This event has been widely recognized across Nigeria as another reminder of the relevance of traditional institutions in shaping peace and governance in the society.
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The Federal Airports Authority of Nigeria (FAAN) has officially rolled out its “Operation Go Cashless” initiative, a modern payment solution designed to improve convenience and efficiency for travelers. This newly launched contactless payment system is now operational at both Murtala Muhammed International Airport in Lagos and Nnamdi Azikiwe International Airport in Abuja. According to FAAN, the move to embrace digital transactions is aimed at reducing the reliance on physical cash while ensuring faster, safer, and more transparent payment processes across all airport services. The introduction of this technology also aligns with global best practices for airport digital transformation and will significantly enhance the passenger experience. Benefits of the Contactless and Cashless System With the adoption of cashless transactions, passengers will enjoy: Why This Move Matters Digital payment adoption is becoming a core requirement in the global aviation industry. By implementing this system in Lagos and Abuja, FAAN is not only simplifying airport operations but also promoting transparency and accountability. It represents a major step toward smart airport management in Nigeria. Moreover, the initiative supports the Central Bank of Nigeria’s (CBN) broader cashless policy, which encourages electronic transactions for economic efficiency. According to a World Bank report, cashless systems play a key role in driving financial inclusion and strengthening economies. Future Expansion Plans While the launch has started with the two busiest airports in Nigeria—Lagos and Abuja—FAAN has disclosed that the project will be extended to other airports nationwide. This expansion will further standardize digital payment systems in Nigerian aviation and set the pace for technological innovations within the sector. Final Thoughts The launch of FAAN’s contactless payment system in Lagos and Abuja is a groundbreaking development for travelers, airport operators, and Nigeria’s aviation industry. With this shift, passengers can look forward to smoother journeys, reduced cash-handling risks, and a modern airport environment that aligns with global digital standards.
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The Dangote Petroleum Refinery has reportedly dismissed all its Nigerian workers just 24 hours after they became members of the Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN). According to inside sources, the refinery management made the shocking move by terminating the employment of its Nigerian staff across multiple departments. This action has sparked widespread concern among industry observers, given the refinery’s critical role in Nigeria’s oil and gas sector. The Dangote Refinery, located in the Lekki Free Trade Zone in Lagos State, is one of Africa’s largest industrial projects, built to refine 650,000 barrels of crude oil per day. It was expected to create thousands of jobs for Nigerians and boost the nation’s petroleum refining capacity. However, the recent decision has raised new questions about labor relations, workers’ rights, and unionization in Nigeria’s oil and gas industry. PENGASSAN, which represents senior staff in the petroleum sector, has long been recognized as a key labor union advocating for fair treatment, job security, and improved welfare for oil and gas workers. The mass sack of Nigerian employees by Dangote Refinery after joining the union is being viewed by many as a direct confrontation with labor rights and freedom of association. The incident has also attracted reactions from labor experts and civil society groups, who warn that such decisions may undermine trust in local employment while further deepening the challenges of unemployment in Nigeria. At a time when the refinery is expected to drive national industrial growth, the dismissal of local workers may also affect the company’s public perception and long-term sustainability. Stakeholders are calling for urgent intervention from the Federal Government, the Ministry of Labour and Employment, and the Nigerian Labour Congress (NLC) to investigate the matter and ensure that workers’ rights are not trampled upon. While the refinery remains a beacon of industrial potential, its relationship with Nigerian workers and labor unions could significantly shape its future operations and reputation within and outside the country.
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Human rights activist and lawyer, Deji Adeyanju, has officially petitioned the Independent Corrupt Practices and Other Related Offences Commission (ICPC), calling for a full-scale investigation into the financial dealings of the former Sole Administrator of Rivers State, Ibok-Ete Ibas. According to Adeyanju’s petition, Ibas allegedly managed and disbursed a staggering N283 billion within just six months during his tenure as the state’s sole administrator. The activist emphasized that such an enormous amount of public funds requires immediate scrutiny to ensure transparency, accountability, and compliance with Nigeria’s anti-corruption laws. Adeyanju insisted that the ICPC must act swiftly, stating that Nigerians have the right to know how such massive resources were utilized within such a short timeframe. He expressed concerns that the funds may not have been fully accounted for and demanded that the commission exercise its statutory powers to probe all financial records connected to Ibas’ administration. This call for investigation has once again reignited public discourse on governance, transparency, and accountability in Rivers State. Adeyanju further argued that unchecked financial mismanagement not only undermines public trust but also robs citizens of resources meant for development, infrastructure, and welfare. The petition underscores the growing demand by civil society groups for anti-graft agencies to be more proactive in exposing corruption and prosecuting those found guilty. Adeyanju stressed that without such measures, Nigeria’s fight against corruption will remain cosmetic and ineffective. The Independent Corrupt Practices Commission, established to curb financial crimes, has been urged to treat this matter as urgent and prioritize the interest of Rivers people who deserve clarity on the allocation and spending of their state’s funds.
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The National Agency for Food, Drug Administration and Control (NAFDAC) has issued a strong caution against the addition of Azodie to palm oil by marketers in Nigeria. According to the regulatory body, the dangerous practice of mixing this chemical substance with palm oil is done to make the product appear more attractive to unsuspecting buyers. NAFDAC emphasized that such an act is not only deceptive but also poses a serious public health risk. The agency further highlighted that consuming palm oil adulterated with Azodie can expose individuals to severe health consequences, stressing that food safety remains a top priority in Nigeria’s public health policies. The regulatory body urged palm oil sellers and distributors to desist immediately from the practice, warning that strict penalties await offenders caught engaging in food adulteration. Additionally, NAFDAC encouraged consumers to remain vigilant when purchasing palm oil, advising them to buy from trusted and verified sources to reduce the risk of consuming contaminated food products. The agency reassured the public of its continued commitment to safeguarding the health of Nigerians through constant surveillance, regulatory checks, and public awareness campaigns. NAFDAC reiterated that food adulteration of any kind violates safety standards and directly endangers the wellbeing of the population. Consumers were also reminded that they can report any suspicious palm oil products or unethical marketing practices to the nearest NAFDAC office for prompt investigation and regulatory action. By taking this decisive stand, NAFDAC has once again reaffirmed its determination to ensure that all food products in circulation across the country meet the required safety standards.
