943 million barrels targeted Zulum, Kyari, Shehu converge in Maiduguri President Muhammadu Buhari on Tuesday virtually flagged off resumption of oil exploration by the Nigerian Government within the Lake Chad Basin in Borno State, expected to yield 943 million barrels of crude oil. Borno State Governor, Babagana Umara Zulum,...
Tinubu Promises Not To Disappoint Nigerians “I have run a good race, I have finished my course. It is now time for another to take up the baton,’’ said President Muhammadu Buhari Thursday in Abuja, after the investiture of President-elect Asiwaju Bola Ahmed Tinubu, and Vice President-elect, Kashim Shettima,...
The Speaker of the House of Representatives, Rep. Femi Gbajabiamila has expressed his appreciation to President Muhammadu Buhari for signing into law eight bills of far-reaching impact, one of which is the National Social Investment Establishment Act, 2023. While commending the President for signing into law several bills since his...
The House of Representatives on Tuesday considered and approved N579.69 billion as the statutory budget of the Federal Capital Territory Administration for 2023. The Speaker of the House, Rep. Femi Gbajabiamila, presided over the Committee on Supplies, which considered and approved the report on the budget. Out of the figure, the...
As part of its development finance move, the Central Bank of Nigeria over the years supported critical projects to reflate the economy and drive national growth. Due to its potential to drive economic growth, the Dangote refinery is one of the critical projects the CBN has invested in especially by...
President Muhammadu Buhari Tuesday said that the new Customs Act which he recently signed into law will enhance the efficiency and effectiveness of customs administration, stressing that it is a testament to his administration’s commitment to fostering a business –friendly environment, attracting investments and driving economic growth. The President declared...
Kaduna State governor, Malam Nasir El-Rufai, has approved the deposition of the traditional rulers of Piriga and Arak Chiefdoms, His Highness, Jonathan Paragua Zamuna, and His Highness, General Aliyu Iliyah Yammah (rtd), respectively. The State’s Commissioner of Local Government Affairs, Hajiya Umma Ahmad, disclosed this in a statement on Monday...
President of Dangote Group, Aliko Dangote, on Monday said President Muhammadu Buhari stopped him from quitting the establishment of Dangote Refinery and Petrochemicals, the world’s largest single-train refinery. Dangote who disclosed during the commissioning of the project in Lagos, said Buhari’s sustained support and encouragement over the past eight years...
The governor of the Central Bank of Nigeria, Godwin Emefiele, has disclosed that the President of Dangote Group, Aliko Dangote, has started repaying some of the loans used in financing the Dangote Refinery and Petrochemicals. While giving his address at the commissioning of the project in Lagos on Monday, Emefiele...
President Muhammadu Buhari Monday inaugurated Dangote Petroleum Refinery in Ibeju-Lekki, Lagos, which is expected to enable Nigeria to achieve self-sufficiency in refined products and even have surplus for export. Speaking at the occasion attended by Heads of State from Ghana, Togo, Niger, Senegal and a representative of the President of...