Investogist
No Result
View All Result
Friday, October 24, 2025
  • News
    • All
    • Africa
    • Nigeria
    • World
    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Fires Legal Team, Chooses to Defend Himself

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG Spends 35.26% of 2024 Budget on Debt Service, Records ₦13.51tr Fiscal Deficit

    NNPC acquires equipment to build 40 CNG filling stations

    NNPC Revenue Dips to ₦4.27tn as Crude Oil Output Falls in September

    Ned Nwoko Denies Domestic Violence, Accuses Regina Daniels of Drug Abuse

    Ned Nwoko Denies Domestic Violence, Accuses Regina Daniels of Drug Abuse

    Ford Announces Move to New Global Headquarters in Dearborn

    Ford Recalls 625,000 Vehicles for Faulty Rearview Cameras and Seatbelt Anchors

    Major Shift: Mathematics No Longer Compulsory for Non-Science University Entry – FG

    Major Shift: Mathematics No Longer Compulsory for Non-Science University Entry – FG

    Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025

    Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025

    Coca-Cola to Launch 7.5-Oz Mini Cans in U.S. Stores

    Coca-Cola to Launch 7.5-Oz Mini Cans in U.S. Stores

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

    Sunny Anene raises his stake in United Capital Plc

    Aradel Holdings to Acquire Additional 40% Stake in ND Western

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Presco Plc Declares ₦10 Interim Dividend for Q3 2025

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    Meta set to lay off employees in Africa, Europe, Asia

    Meta cuts 600 AI jobs amid internal restructuring

    Transcorp Hotels Grows Q3 Profit by 45% as Revenue Hits ₦72.3 Billion

    Transcorp Hotels Grows Q3 Profit by 45% as Revenue Hits ₦72.3 Billion

    Apple Stock Reaches All Time High of $260 as Market Cap Nears $3.85 Trillion

    Apple Stock Reaches All Time High of $260 as Market Cap Nears $3.85 Trillion

    BUA Foods Plc reports N418.3 billion revenue for 2022 FY

    BUA Foods Cites Data Migration for Possible Delay in Filing Q3 Financial Statement

    MTN Nigeria to pay over N200 billion final dividend for 2022

    Okomu Oil Palm Plc announces N10 interim dividend

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Presco Plc Declares ₦10 Interim Dividend for Q3 2025

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    FY 2020: FCMB Group Plc gross earnings, profit, assets see double-digit growth rates

    FCMB Group Lists 3.16bn Ordinary Shares on NGX Following Loan-to-Equity Conversion

    Bitcoin might be getting ready for $75,000

    MicroStrategy Buys 850 Bitcoin for $99.7 Million

    Falana sues Meta, demands $5m over invasion of privacy

    Meta Unveils Next-Gen Smart Glasses with Built-In AI and AR

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
Investogist
  • News
    • All
    • Africa
    • Nigeria
    • World
    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Fires Legal Team, Chooses to Defend Himself

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

    Nigeria’s total public debt rises by over 20% YoY to N32.92 trillion

    FG Spends 35.26% of 2024 Budget on Debt Service, Records ₦13.51tr Fiscal Deficit

    NNPC acquires equipment to build 40 CNG filling stations

    NNPC Revenue Dips to ₦4.27tn as Crude Oil Output Falls in September

    Ned Nwoko Denies Domestic Violence, Accuses Regina Daniels of Drug Abuse

    Ned Nwoko Denies Domestic Violence, Accuses Regina Daniels of Drug Abuse

    Ford Announces Move to New Global Headquarters in Dearborn

    Ford Recalls 625,000 Vehicles for Faulty Rearview Cameras and Seatbelt Anchors

    Major Shift: Mathematics No Longer Compulsory for Non-Science University Entry – FG

    Major Shift: Mathematics No Longer Compulsory for Non-Science University Entry – FG

    Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025

    Transcorp Power Grows Profit, Revenue Surges to ₦308.5bn in Q3 2025

    Coca-Cola to Launch 7.5-Oz Mini Cans in U.S. Stores

    Coca-Cola to Launch 7.5-Oz Mini Cans in U.S. Stores

    • Nigeria
    • Africa
    • World
  • Economy
    • All
    • Budgets
    • Economic Data
    • Policies
    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    Nestlé Cuts 16,000 Jobs in a Major Restructuring; Stock Rises Nearly 8%

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    Trump warns of trade cuts with China over soybeans

    The New Tax Acts and Tax ID – What You Need to Know

    Nigerians to enjoy benefits of new tax laws from January 2026 – Oyedele

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    CBN Tightens Agent Banking Operations, Introduces Transaction Limits

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    China Warns Against NATO Tariffs After Trump’s Suggestion to Target Chinese Imports

    The New Tax Acts and Tax ID – What You Need to Know

    The New Tax Acts and Tax ID – What You Need to Know

    “CBN plans to shut down financial transactions” – Apex Bank warns of fake news

    CBN’s Monetary Policy Committee retains interest rate at 27.50%

    President Tinubu approves establishment of South-East Investment Company

    President Tinubu approves establishment of South-East Investment Company

    UK tightens visa rules for care workers, skilled workers and students

    UK tightens visa rules for care workers, skilled workers and students

    • Policies
    • Budgets
    • Economic Data
  • Business
    • All
    • Agriculture
    • Companies
    • Industry
    • Technology
    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

    Sunny Anene raises his stake in United Capital Plc

    Aradel Holdings to Acquire Additional 40% Stake in ND Western

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Presco Plc Declares ₦10 Interim Dividend for Q3 2025

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    Meta set to lay off employees in Africa, Europe, Asia

    Meta cuts 600 AI jobs amid internal restructuring

    Transcorp Hotels Grows Q3 Profit by 45% as Revenue Hits ₦72.3 Billion

    Transcorp Hotels Grows Q3 Profit by 45% as Revenue Hits ₦72.3 Billion

    Apple Stock Reaches All Time High of $260 as Market Cap Nears $3.85 Trillion

    Apple Stock Reaches All Time High of $260 as Market Cap Nears $3.85 Trillion

    BUA Foods Plc reports N418.3 billion revenue for 2022 FY

    BUA Foods Cites Data Migration for Possible Delay in Filing Q3 Financial Statement

    MTN Nigeria to pay over N200 billion final dividend for 2022

    Okomu Oil Palm Plc announces N10 interim dividend

    • Companies
    • Industry
    • Technology
  • Markets
    • All
    • Commodities
    • Cryptocurrencies
    • Forex
    • Rates & Bonds
    • Stocks/Equities
    NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

    NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

    The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

    Presco Plc Declares ₦10 Interim Dividend for Q3 2025

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    VFD Group Unveils Details of ₦50 Billion Rights Issue

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Binance Announces $400 Million Recovery Initiative After Crypto Crash

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    Strategy Inc. Adds 196 Bitcoin for $22.1M, Pushing Holdings to $72B

    FY 2020: FCMB Group Plc gross earnings, profit, assets see double-digit growth rates

    FCMB Group Lists 3.16bn Ordinary Shares on NGX Following Loan-to-Equity Conversion

    Bitcoin might be getting ready for $75,000

    MicroStrategy Buys 850 Bitcoin for $99.7 Million

    Falana sues Meta, demands $5m over invasion of privacy

    Meta Unveils Next-Gen Smart Glasses with Built-In AI and AR

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    Dangote Refinery Marks Historic First Petrol Export to U.S., Boosting Nigeria’s Energy Profile

    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • All
    • Columnists
    • Editorials
    • Investogist Business Saturday
    • Op-ed
    How does family of 6 survive with income of N250,000 a month

    How does family of 6 survive with income of N250,000 a month

    Trump wins a resounding victory in first Republican primary in Iowa

    How Donald Trump won the 2024 U.S Presidential Election

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Rovina Medical Diagnostic Services offers free Breast and Prostrate cancer scans

    Security features of the new naira notes revealed by the CBN

    New hope for Naira fixed income savers?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Nigerian Exchange gains 5.37% in Tinubu’s first week, highest for any President since return to Democracy

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    The Nigerian Stock Market: Has Tinubu’s Election impacted the Market Negatively?

    Just in: Bandits attack President Buhari’s convoy in Katsina, two injured

    2015 vs 2023 Data: Nigeria situation went from bad to worse under Buhari

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    Who is Hiba Abouk soon to be Achraf Hakimi’s ex-wife worth millions of dollars?

    LP won Obio-Akpor LGA Rivers State not APC as announced – INEC’s IReV

    APC won Abua-Odual and Ahoada East LGAs of Rivers State as announced – INEC’s IRev

    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies
No Result
View All Result
Investogist
No Result
View All Result
Home News

JUST IN: FG confirms N1.4bn donation to Niger Republic to procure vehicles

Wednesday, 3 August 2022, 5:31 pm
in News, Nigeria
0
FEC approves N895.5bn supplementary budget for military, COVID-19
Share Share Share Share Send as Email

The Federal Government on Wednesday confirmed that it has purchased vehicles worth N1.4 billion to help Niger tackle insecurity.

The Minister of Finance, Budget, and National Planning, Zainab Ahmed gave the confirmation while fielding questions from reporters, shortly after the Federal Executive Council ( FEC) meeting presided over by the President, Muhammadu Buhari.

A popular social media influencer, David Hundeyin, on Wednesday exposed the expenditure by the FG generating outrage among Nigerians. The documents published by Hundeyin showed that the President approved the release of the fund on the 22nd of February this year.

Ahmed, argued that even though Nigerians have the right to question the rationale for such donation, President Muhammadu Buhari, who approved the purchase, also had the right to make his own assessment on situations an act accordingly. She maintained that “this was not the first time the country is providing such interventions to her neighbours.”

The contract to supply the 10 units of Toyoya Land Cruisers was awarded to IFO Kaura Motors Nig. Limited.

“Let me just say that overtime, Nigeria has had to support her neighbours, especially the immediate neighbours to enhance their capacity to secure their countries as it relates to us. This is not the first time that Nigeria had assisted Niger Republic, Cameroon or Chad.

“The President makes an assessment as to what is required based on the request of their Presidents. Such requests are approved and interventions are provided.

“It is to enhance their capacity to protect their countries, as it relates to security and also to Nigeria.”

She added that, “Nigerians have the rights to ask questions, but also the President has the responsibility to make an assessment of what is in the best interest of the country and I cannot question the decision myself.

“I have said this is not the first time that Nigeria as a country has provided an intervention to our neighbours. It is in the best interest of Nigeria to do so.”

Ifunanya Ikueze
Ifunanya Ikueze

Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.

Related Posts:

  • FEC
    FEC approves $1.96bn rail line contract from Kano to…
  • Returnees
    NEMA receives another 140 stranded Nigerians from…
  • France evaucate
    France commences evacuation of its citizens from…
  • Niger Republic junta
    Niger Republic: Military government pledges to…
Previous Post

Just in: FG says Abuja-Kaduna train won’t run till all kidnapped victims are free

Next Post

China led creditors to grant Zambia debt relief

Next Post
China led creditors to grant Zambia debt relief

China led creditors to grant Zambia debt relief

Please login to join discussion
  • Trending
  • Comments
  • Latest
MTN Nigeria to pay over N200 billion final dividend for 2022

List of Dividends announced in 2025, qualification and payment dates

The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

Presco Plc Declares ₦10 Interim Dividend for Q3 2025

Sunny Anene raises his stake in United Capital Plc

Aradel Holdings to Acquire Additional 40% Stake in ND Western

VFD Group Unveils Details of ₦50 Billion Rights Issue

VFD Group Unveils Details of ₦50 Billion Rights Issue

NGX Reg lifts suspension on Trading of Niger Insurance Plc’s shares

NGX Lifts Eight-Year Suspension on Aso Savings & Loans, Stock Price Soars

Sunny Anene raises his stake in United Capital Plc

Aradel Holdings to Acquire Additional 40% Stake in ND Western

The Okomu Oil Palm Plc announces N7.00 interim dividend for H1 2022

Presco Plc Declares ₦10 Interim Dividend for Q3 2025

Nnamdi Kanu Lists Wike, Hope, Sanwo Olu and others as Witnesses in Terrorism Trial

Nnamdi Kanu Fires Legal Team, Chooses to Defend Himself

Quick Links

News
Economy
Markets
Business
Opinion & Analysis

Newsletter Signup

Contact Investogist

info@investogist.com

  • About Us
  • Terms & Conditions
  • Privacy Policy
  • Contact Us

Copyright © 2025 investogist.com, All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • News
    • Nigeria
    • Africa
    • World
  • Economy
    • Policies
    • Budgets
    • Economic Data
  • Business
    • Companies
    • Industry
    • Technology
  • Markets
    • Stocks/Equities
    • Forex
    • Rates & Bonds
    • Commodities
    • Cryptocurrencies
  • Travel & Tours
    • Arts & Entertainment
    • Nature
    • Places & People
  • Opinion & Analysis
    • Editorials
    • Book Club
    • Investogist Business Saturday
    • Op-ed
  • Sports
    • Football
  • Vacancies

Copyright © 2025 investogist.com, All Rights Reserved