National News
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Tinubu inaugurates new aviation facility, inducts five helicopters
President Bola Tinubu on Wednesday inaugurated the newly constructed Presidential Air Fleet hangar in Abuja and presided over the induction of five helicopters into service. The helicopters comprise two Airbus H-125 aircraft and three Austa 109 Trekker B helicopters. The event was attended by the Minister of State for Defence, Bello Matawalle; Chief of Air Staff, Air Marshal Sunday Aneke;…
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Tinubu defends borrowing, says $1tn economy requires infrastructure investment
President Bola Tinubu has defended his administration’s borrowing strategy, saying loans must finance infrastructure and productive investments capable of creating jobs, stimulating economic growth and improving the living standards of Nigerians. Tinubu said Nigeria’s ambition of building a $1 trillion economy by 2030 would remain difficult to achieve without sustained investment in critical infrastructure, insisting that public borrowing must be…
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Tinubu departs Abuja for Makkah
President Bola Tinubu has departed Abuja for Makkah, Saudi Arabia, to perform Umrah and pray for Nigeria’s peace, unity and stability. Tinubu is also expected to seek divine guidance and blessings for the country and its people during the Islamic pilgrimage. Before departing, the President was scheduled to commission equipment acquired by the Nigerian Air Force for its operations at…
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FEC approves N45.8bn Ebola surveillance system for five airports
The Federal Executive Council (FEC) has approved N45.8 billion for a biosecurity and disease surveillance system at five international airports to strengthen Nigeria’s capacity to detect Ebola and other dangerous pathogens at its borders. The Coordinating Minister of Health and Social Welfare, Ali Pate, disclosed this on Wednesday while briefing State House correspondents on the outcome of the FEC meeting…
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FEC approves N631bn for nine road projects nationwide
The Federal Executive Council has approved about N631.3bn for nine road projects across the country, including major reconstruction works in Kogi, Ekiti and Kano states. The Minister of Works, David Umahi, disclosed this on Wednesday while briefing State House correspondents after the council meeting presided over by President Bola Tinubu at the Presidential Villa, Abuja. The projects cover the construction,…
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NRC invites private firms to operate own trains on national rail network
The Nigerian Railway Corporation (NRC) has invited private companies to operate passenger and freight train services on its approximately 4,000-kilometre rail network, provided they supply their own locomotives, wagons and other rolling stock and pay for access to the tracks. The NRC Managing Director, Kayode Opeifa, disclosed this on Tuesday at BusinessDay’s Mobility and Logistics Conference in Lagos, describing the…
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Customs, WCO engage EFCC to tackle money laundering, terrorism financing
The Nigeria Customs Service (NCS) and the World Customs Organization (WCO) have sought stronger collaboration with the Economic and Financial Crimes Commission (EFCC) to tackle money laundering and terrorism financing in Nigeria. The renewed push for cooperation followed a courtesy visit to the EFCC headquarters in Jabi, Abuja, on Tuesday by a delegation led by the Assistant Comptroller-General of Customs,…
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Tinubu departs Abuja for Saudi Arabia
President Bola Tinubu will depart Abuja on Thursday for Makkah, Saudi Arabia, to perform the lesser Islamic pilgrimage, Umrah, and pray for Nigeria’s peace, unity and stability. The President’s trip will follow the commissioning of equipment acquired by the Nigerian Air Force for its operations at the Presidential Wing of the Nnamdi Azikiwe International Airport, Abuja. According to a statement…
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FG pays N1.2tn power sector debt, approves three transmission projects
The federal government has paid N1.2tn of the N2.3tn owed to operators in Nigeria’s electricity sector and approved three transmission projects to strengthen the national grid and improve power supply. The Minister of Power, Joseph Tegbe, disclosed this on Wednesday while briefing State House correspondents on the outcome of the Federal Executive Council meeting presided over by President Bola Tinubu…
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Senate urges Tinubu to rename educational institution after Fasoranti
The Senate has urged the Federal Government to immortalise the late National Leader of Afenifere, Reuben Fasoranti, by renaming an educational institution after him in recognition of his contributions to education and national development. The upper chamber adopted the resolution on Wednesday following a motion sponsored by Senator Adeniyi Adegbonmire (APC, Ondo Central) during plenary. Fasoranti, a prominent Yoruba elder…
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