National News
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Senate postpones public hearing on CBN, NDIC amendment bills
By Innocent Raphael The Senate Committee on Banking, Insurance, and Other Financial Institutions has announced the postponement of the public hearing on the Central Bank of Nigeria (CBN) Act Amendment Bills and the Nigerian Deposit Insurance Corporation (NDIC) Act Amendment Bill. The hearing was initially scheduled for Thursday, May 30, 2024. A statement released by the Committee’s Clerk, Mrs. Tinuke…
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FG commences free distribution of 1m gas cylinders
As part of its effort to promote clean cooking energy for families across the country, the Federal Government, FG on Tuesday commenced the free distribution of gas cylinders with a target of moving at least one million homes to clean cooking gas by 2030. The programme, which is under the ‘Decade of Gas’ initiative, tagged LPG grassroots penetration, is expected…
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One-year anniversary: FG begins N75,000 cash payment to 75m Nigerians
The Federal Government announced on Tuesday the reinstatement of the suspended social investment programme, aimed at providing direct payments to 75 million Nigerians across 50 million households. This initiative is intended to alleviate the hardships faced by citizens, particularly vulnerable groups, as disclosed during a ministerial sectoral briefing marking President Bola Tinubu’s first year in office. Wale Edun, the Minister…
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One year anniversary: Buhari passes vote of confidence in Tinubu, calls for unity
By Innocent Raphael Former President Muhammadu Buhari has passed vote of confidence in President Bola Tinubu, congratulating him on the milestone of completing his first year in office. A statement released on Tuesday by Garba Shehu, the Senior Special Assistant on Media and Publicity to the former president, said Buhari called for unity and togetherness as ingredients necessary for national…
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Akpabio commends Tinubu’s strong leadership in first year in office
President of the Senate, Senator Godswill Akpabio has congratulated President Bola Ahmed Tinubu on the successful completion of his first year in office, commending him for leading from the front by taking tough decisions to rejig the nation. Akpabio in a statement on Tuesday by his Special Adviser on Media and Publicity, Hon. Eseme Eyiboh in commemoration of the President…
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VP Shettima, Atiku, Govs, NSA, others mourn as Lamorde is laid to rest in Abuja
Kunle Sanni Vice President Kashim Shettima on Tuesday led other eminent Nigerians to the funeral of the late former chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Lamorde, in Abuja. VP Shettima was joined at the burial ceremony by former Vice President, Atiku Abubakar, and several governors, including Governors Babagana Zulum of Borno State, Ahmadu Fintiri of Adamawa…
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Ambassadorial appointments delayed by financial strain – Minister
By Innocent Raphael Minister of Foreign Affairs, Yusuf Tuggar has attributed the delay in appointing new ambassadors to the financial and economic challenges currently faced by the Nigerian government. Tuggar made this disclosure during a ministerial sectoral briefing on Tuesday. “The whole idea was to stop subsidizing consumption and focus on subsidizing production,” Tuggar stated. However, he highlighted that the…
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Investments in infrastructure would be sustained in my government, says Tinubu
Kunle Sanni President Bola Tinubu, on Tuesday in Abuja, said investment in infrastructure would be sustained in his administration to enhance quality of life for citizens of Nigeria. “We recognize the fact that infrastructure development is a provider of jobs, and an enabler of economic development and prosperity. We believe we are going to achieve all that we have set…
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Executive orders on Oil & Gas reforms will make Nigeria globally competitive, Tinubu tells ExxonMobil
Kunle Sanni President Bola Tinubu, on Tuesday in Abuja, said the three Executive Orders on oil and gas reforms, which he signed, will make Nigeria’s petroleum sector globally competitive. The President made the affirmation during a meeting with a delegation from ExxonMobil Upstream Company, led by its President, Liam Mallon, according to a statement issued by Ajuri Ngelale, Special Adviser…
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Nigeria an important business destination, Tinubu tells Reckitt Benckiser delegation
Kunle Sanni President Bola Tinubu, on Tuesday in Abuja, received assurances from Reckitt Benckiser, the global fast-moving consumer goods company, that they will continue to grow their investments in Nigeria. Receiving a delegation from Reckitt Benckiser led by the Chief Executive Officer, Kris Licht, and Olu Falomo, Chairman of Reckitt Benckiser Nigeria Limited, the President lauded the company for its…
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