President Bola Tinubu has authorized the selection of 12 consuls-general and five chargè d’affairs to represent Nigeria in 14 countries globally. Alkasim Abdulkadir, special assistant on media and communications strategy to Yusuf Tuggar, minister of foreign affairs, disclosed this significant decision through an official statement on Tuesday. The appointed officials...
In a statement on Sunday, the presidency announced the upcoming launch of the Federal Government's compressed natural gas (CNG) initiative in May, coinciding with President Bola Tinubu’s first anniversary. The initiative, which aims to address the subsidy removal impact, includes plans for CNG-powered mass transit buses and tricycles. Bayo Onanuga,...
The Federal Government has successfully secured a substantial loan package totaling around $2.2 billion from the World Bank, along with additional budget support from the African Development Bank (AfDB). This development was revealed by Minister of Finance, Wale Edun, during a recent press briefing following Nigeria's engagements at the...
President Bola Tinubu declared a strategic shift in national education policy, focusing on skills, technology, and vocational training to bolster employment opportunities across Nigeria. Speaking at the 38th to 41st convocation ceremonies at Usman DanFodio University, Sokoto, Tinubu, represented by Education Minister Prof. Tahir Mamman, emphasized a comprehensive approach...
Vice-President Kashim Shettima expressed his positive outlook on the Naira's performance in the forex market, emphasizing that it will continue to appreciate amid the dollar's decline. Shettima credited President Bola Tinubu for decisive actions like ending fuel subsidies and unifying exchange rates, which he stated were creating instant Billionaires....
Nigeria is gearing up to enhance its air force capabilities with the acquisition of 24 fighter jets from Leonardo, an Italian aerospace company. The announcement came from Air Vice Marshal Edward Gabkwet, the spokesperson for the Nigerian Air Force, who revealed that the jets would be delivered in four...
President Bola Tinubu has greenlit the appointment of a dynamic team to the Board of the Securities and Exchange Commission (SEC), aiming to fortify the commission's pivotal role in fostering a robust, transparent, and investor-friendly capital market. The newly appointed board members include Mr. Mairiga Aliyu Katuka, who assumes the...
The Ogun state government, in a significant move towards addressing economic challenges, has kicked off the enrollment of more than 80,000 beneficiaries for the federal government’s Renewed Hope Conditional Cash Transfer (RH-CCT) program across its 20 local government areas. Funmilayo Baker, the program manager of Ogun State Cash Transfer Unit,...
Vice President Kashim Shettima, in a groundbreaking announcement, has projected Nigeria's emergence as a global economic powerhouse under President Bola Ahmed Tinubu's leadership. Speaking during a meeting with a delegation from the Commonwealth Enterprise Investment Council (CWEIC), Shettima outlined the Tinubu administration's unwavering dedication to fostering an unparalleled business-friendly...
The Federal Government has directed former Kogi State Governor Alhaji Yahaya Bello to cooperate with investigations and present himself for questioning. The Economic and Financial Crimes Commission (EFCC) is pursuing allegations of corrupt practices during his tenure as governor. Over the past 24 hours, there has been a back-and-forth between...