National News
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PHOTO NEWS: Buhari relocates to Kaduna from Daura
Former President Muhammadu Buhari on Thursday relocated from his home town Daura back to Kaduna to continue his post-office retirement life. President Buhari returned to Daura on May 29, 2023 after he handed over power to President Bola Tinubu. The former President had hinted that Kaduna where he had lived for most of his adult life after his term as…
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NNPCL remits N264b into Federation Account
Fed, States, councils share N1.7tr January allocation The Nigerian National Petroleum Company Limited (NNPCL) has remitted N264 billion to the Federation Account Allocation Committee (FAAC) to reduce its outstanding debt to the federation. Chairman of the Finance Commissioners Forum, Akin Oyebode, confirmed this in an interview yesterday. Speaking against the background of the FAAC meeting held in Abuja on Monday,…
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Power Minister blames DisCos for poor electricity supply, hints at tariff review
By Kunle Sanni Minister of Power Adebayo Adelabu has blamed Nigeria’s persistent electricity challenges on the failure of Distribution Companies (DisCos) to invest in the sector, stating that their reluctance to expand infrastructure has slowed progress. Speaking at the public presentation of the National Integrated Electricity Policy (NIEP) and Nigeria Integrated Resource Plan (NIRP) in Abuja, Adelabu emphasized that with…
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Tinubu pledges pro-business policies, seeks stronger telecom investments
By Kunle Sanni President Bola Tinubu has reaffirmed his commitment to fostering a pro-business environment in Nigeria, emphasizing the need for policies that attract and protect investors in the telecom sector. Speaking at a meeting with an Airtel delegation led by Chairman Sunil Bharti Mittal at the State House in Abuja on Thursday, Tinubu assured that Nigeria’s telecom regulatory framework…
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Olukoyede: Foreign fraud syndicates using cryptocurrency to import arms into Nigeria
Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), says foreign fraud syndicates are importing arms into the country using cryptocurrency as a mode of payment. Olukoyede spoke on Wednesday while receiving participants of the executive intelligence management course (EIMC) 18 of the National Institute for Security Studies (NISS) in Abuja. The delegation was led by Hyginus Ngele,…
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Centenary City project is catalyst for investment, urban growth, says Dangiwa
Kunle Sanni The Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa, has lauded the Centenary City Project, describing it as a strategic initiative to attract investment and position Nigeria as a global business hub. Dangiwa made the remark during an inspection tour of the project in Abuja, accompanied by Permanent Secretary Dr. Shuaib Belgore and senior ministry officials.…
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FG upgrades visa-on-arrival policy, introduces pre-arrival clearance – Minister
Kunle Sanni The federal government has clarified that the visa-on-arrival policy has not been scrapped but is being upgraded to enhance efficiency and security, Minister of Interior Olubunmi Tunji-Ojo has said. Speaking after a meeting with the Presidential Enabling Business Environment Council (PEBEC) in Abuja, Tunji-Ojo explained that the improved system would require pre-arrival clearance from Interpol, criminal record databases,…
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MAN’s confidence index reflects a steadily recovering economy – TSF
The Tinubu Stakeholders Forum (TSF) welcomes the recent release of the Manufacturers Association of Nigeria (MAN) Confidence Index for Q4 2024, which rose to 50.7 points, reflecting a moderate improvement in the confidence of CEOs in the manufacturing sector. In a statement signed by its Chairman Ahmad Sajoh and Secretary Afolabi Josiah, it argued that this signifies the resilience of…
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Nigeria could not have survived continued oil subsidy – Tinubu
By Kunle Sanni President Bola Tinubu has defended his administration’s decision to remove the fuel subsidy, stating that Nigeria could not have sustained it any longer without severe economic consequences. Speaking on Tuesday at the Conference Centre Banquet Hall in the Presidential Villa, Abuja, Tinubu emphasized that the subsidy removal has significantly increased allocations to states and provided more funding…
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Kalu seeks posthumous recognition for Abiola as ex-president
The senator representing Abia North in the National Assembly, Orji Uzor Kalu, has urged President Bola Ahmed Tinubu to posthumously declare the winner of the June 12, 1993, presidential election, the late Basorun Moshood Abiola, a former president. Kalu said Abiola’s portrait should also be hung among the portraits of Nigeria’s past presidents. The former Abia State governor also expressed…
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