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FG to invest N12bn in digital research projects — Minister

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The Federal Government has announced plans to invest N12 billion in digital economy research projects, aiming to ensure the country reaps the benefits of digital transformation.

The Minister of Communications and Digital Economy, Bosun Tijani, made this known at the opening ceremony of the 18th edition of the International Conference on Theory and Practices of Electronic Governance in Abuja, on Tuesday, themed ‘Shaping the Future of Digital Governance Through Cooperation, Innovation and Inclusion’ and it was organised by the National Information Technology Development Agency

According to Tijani, platforms such as ICEGOV provide nations with the opportunity to explore the potential of emerging technologies while aligning them with effective policies that address societal needs, Vanguard reports.

He noted that Nigeria’s participation in the 2024 edition of ICEGOV underscored the importance of deepening research in the digital economy, adding that the country’s impressive performance earned it the confidence of international partners to host the 2025 conference.

He stated, “The Nigerian government is not just doing this as a show because immediately after ICEGOV last year, we funded over 55 research projects.

“At the minute, we are putting together about N12 billion to fund further research projects that are focused on the digital economy.

“We are setting up three research clusters of six universities, each one focused on artificial intelligence, and another focused on the biggest issue in our nation today, which is connectivity, where we are investing significantly.

“Thirdly, because of our population, we are also funding another research cluster that is focused on digital skills and literacy.’’

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He further noted that digital technologies have become central to human existence, stressing that any society that fails to embrace them risks being left behind in development.

He emphasised that these technologies should not be viewed merely as economic enablers but as powerful instruments for reshaping and governing modern societies.

Similarly, the Chair of the ICEGOV Steering Committee, Elsa Estevez, said artificial intelligence and its attendant risks demand stronger collaboration among countries, institutions, and all levels of government.

Estevez said, “In the past years, we were profoundly affected by digitally driven innovations, and we often adapt them without much reflection and such innovations dramatically change the way we interact, socially, work, build, and complement our capacities.

“We need to ensure that innovations are not just technological, but human-centred and contribute to better societies.

“For inclusion, governments, states need to listen and moderate discussions about public affairs, shape political agendas to respond to uncovered needs, secure the digital space of discussions on fake speech, fake news, and political manipulation.’’

She explained that safeguarding the public digital space hinges on effective regulation, education, and public awareness—anchored on strong information ethics.

Also speaking, the Director-General of the National Information Technology Development Agency, Malam Kashifu Inuwa, disclosed that the federal government plans to integrate digital literacy into the national school curriculum by 2026.

According to Inuwa, the move is aimed at ensuring that the technological growth of Nigeria’s youthful population aligns with the government’s digital development initiatives.

“In Africa, we have a very young population, our citizens are digitally native and they are all online, therefore governments need to meet them where they are.

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“We have so many initiatives in Nigeria based on the ministry’s knowledge policy, we have the digital literacy framework, where we are working on integrating digital literacy into our formal education.

“As of today, we have the approval in collaboration with the Ministry of Education and directive of the President that by next year, we should have digital literacy and skills integrated into our formal education,’’ Inuwa said.

He further stated that the government is implementing measures to ensure that public servants acquire digital literacy skills, noting that this would enhance efficiency and improve service delivery across the public sector.

In May, Tijanin announced that the National Digital Economy Bill was set to return to the National Assembly for its second and third readings after extensive consultations across all 36 states of the federation.

The bill was originally introduced in 2024. The bill seeks to establish a robust legal framework for Nigeria’s growing digital economy.

It encompasses key areas such as electronic transactions, data protection, cybersecurity, and digital infrastructure development, aiming to foster innovation and ensure safe, inclusive participation in the nation’s digital transformation journey.

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EFCC Begins Probe Of Ex-NMDPRA Boss After Dangote’s Petition

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The Economic and Financial Crimes Commission (EFCC) has commenced an investigation into a petition filed against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, by the President of Dangote Group, Aliko Dangote.

It was gathered that Dangote formally submitted the petition to the EFCC earlier this week through his legal representative, following the withdrawal of a similar petition from the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

Dangote had initially approached the ICPC, asking it to investigate Ahmed over allegations that he spent about $5 million on his children’s secondary education in Switzerland, an expense allegedly inconsistent with his known earnings as a public officer.

Although the petition was later withdrawn, the ICPC had said it would continue with its investigation.

Confirming the new development, a senior EFCC officer at the commission’s headquarters in Abuja, who spoke on condition of anonymity because he was not authorised to speak publicly, said the petition had been received and investigations had commenced.

“They have brought the petition to us, and an investigation has commenced on it. Serious work is being done concerning it,” the source said.

In the petition signed by Dangote’s lead counsel, Dr O.J. Onoja (SAN), the businessman urged the EFCC to investigate allegations of abuse of office and corrupt enrichment against Ahmed and to prosecute him if found culpable.

The petition further stated that Dangote was ready to provide documentary and other evidence to support claims of financial misconduct and impunity against the former regulator.

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“We make bold to state that the commission is strategically positioned, along with sister agencies, to prosecute financial crimes and corruption-related offences, and upon establishing a prima facie case, the courts do not hesitate to punish offenders,” the petition read, citing recent court decisions.

Onoja also called on the EFCC, under the leadership of its chairman, Olanipekun Olukoyede, to thoroughly investigate the allegations and take appropriate legal action where necessary.

When contacted, the EFCC spokesperson, Dele Oyewale, declined to comment on the matter but promised to respond later. No official reaction had been received as of the time of filing this report.

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IMPORTANT NOTICE REGARDING MONEY TRANSFERS IN NIGERIA (2026)

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Starting from *January 2026*, please ensure that *any money you send* to anyone — including me — comes with a *clear description* or *payment remark*. This is *very important* for tax purposes.

Use descriptions like:

– *Gift*
– *Loan*
– *Loan Repayment*
– *House Rent*
– *School Fees*
– *Feeding*
– *Medical*
– *Support*,
– School fee etc.

*Why this matters:*

In 2026, any money entering your account *without a description* may be treated as *income*, and *IRS (or relevant tax authority)* could tax it — or even worse, ask you to explain the source.

The *first ₦800,000* may be *tax-free*, but after that, any unexplained funds might attract up to *20% tax*, or in extreme cases, lead to legal issues.

So please:

– *Always include a payment remark.*
– *Avoid using USSD or apps that don’t allow descriptions.*
– *Ask the receiver for the correct description BEFORE sending.*

As for me, *do not send me any money* without discussing it with me first.
And no, I don’t want to hear “Sir/Ma, I used USSD” – if you can’t add a description, *hold your money*.

From now on, *I will tell you exactly what to write in the payment remark.*
Let’s all form the habit of *adding payment descriptions now* to avoid problems later.

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See also  FG defers 70% of 2025 capital projects to 2026
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FG earmarks N1.7tn in 2026 budget for unpaid contractors

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The Federal Government has budgeted the sum of N1.7tn in the 2026 Appropriation Bill to settle outstanding debts owed to contractors for capital projects executed in 2024.

A breakdown of the proposed 2026 national budget shows that the amount is captured under the line item titled “Provision for 2024 Outstanding Contractor’s Liabilities,” signalling official recognition of delayed payments to contractors amid recent protests over delayed settlements.

This budgetary provision follows mounting pressure from indigenous contractors and civil society groups who, in 2025, raised alarm over unpaid contractual obligations allegedly exceeding N2tn.

Some groups under the All Indigenous Contractors Association of Nigeria had also staged demonstrations in Abuja, lamenting the severe impact of delayed payments on their operations, with many contractors reportedly unable to service bank loans taken to execute government projects.

Earlier, Minister of Works David Umahi had promised to clear verified arrears owed to federal contractors before the end of 2025. However, only partial payments were made amid revenue constraints, prompting the inclusion of the N1.7tn line item in the 2026 budget as a catch-up mechanism.

In addition to the N1.7tn for 2024 liabilities, the government has also budgeted N100bn for a separate line item labelled “Payment of Local Contractors’ Debts/Other Liabilities”, which may cover legacy debts from previous years, smaller contract claims, or unsettled financial commitments that were not fully verified in the current audit cycle.

The total N1.8tn allocation is part of the broader N23.2tn capital expenditure in the 2026 fiscal plan, which seeks to ramp up infrastructure delivery while cleaning up past obligations.

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Nigeria’s contractor debt backlog has been a recurring fiscal issue, worsened by delayed capital releases, partial cash-backing of budgeted projects, and underperformance in revenue targets.

Speaking with journalists at the entrance of the Federal Ministry of Finance in December 2025, the National Secretary of the All Indigenous Contractors Association of Nigeria, Babatunde Seun-Oyeniyi, said the government’s failure to release funds after multiple assurances had forced contractors to resume protests. He said members of the association were owed more than N500bn for projects already completed and commissioned.

He explained that despite recent assurances from the Minister of Finance, Wale Edun, no payment had been made. “After the National Assembly intervened, they told us that they will sit the minister down over this matter.  And we immediately stopped the protest,” he said.

According to him, repeated follow-up meetings with the minister had produced no tangible progress. “They have not responded to our request,” he said. “In fact, more than six times we have come here. Last week, we were here throughout the night before the Minister of Finance came.”

Oyeniyi said that although some payment warrants had been sighted, no funds had been released. “Specifically, when we collate, they are owing more than N500bn for all indigenous contractors. We only see warrants; there is no cash back.”

He accused officials of attempting to push the payments into the next fiscal year. “The problem is that they want to put us into a backlog. They want to shift us to 2026; that 2026, they are going to pay,” he alleged. “They will turn us into debt, and we don’t want that. We won’t leave here until we are paid.”

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However, The PUNCH observed that earlier in August 2025, the Federal Government claimed that it had cleared over N2tn in outstanding capital budget obligations from the 2024 fiscal year, with a pledge to prioritise the timely release of 2025 capital funds.

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this at a ministerial press briefing in Abuja, where he also declared that Nigeria is “open for business” to global investors on the back of improved economic stability.

“In the last quarter, we did pay contractors over N2tn to settle outstanding capital budget obligations. That is from last year,” Edun said. “At the moment, we have no pending obligations that are not being processed and financed. And the focus will now shift to 2025 capital releases.”

By December 2025, The PUNCH reported that President Bola Tinubu expressed “grave displeasure” over the backlog of unpaid federal contractors and set up a high-level committee to resolve the bottlenecks and fund repayments.

Briefing State House correspondents after the Federal Executive Council meeting in Abuja, Special Adviser on Information and Strategy, Bayo Onanuga, said the President was “upset” after learning that about 2,000 contractors are owed. “He made it very, very clear he is not happy and wants a one-stop solution,” Onanuga told journalists.

Tinubu directed the setting up of a committee to verify all claims from federal contractors. The new budget’s provisions are expected to draw from the outcome of that verification exercise and may be disbursed in tranches based on confirmed and certified claims.

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The total proposed 2026 national budget stands at N58.47tn, with N23.2tn earmarked for capital expenditure, N15.9tn for debt servicing, N15.25tn for recurrent spending, and N4.09tn for statutory transfers.

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