Category: Development
President Tinubu Welcomes NEC’s Recommendation for Further Consultation on Tax Reform Bills
In a recent development, President Bola Tinubu has responded positively to the recommendation by the National Economic Council (NEC) to reconsider certain tax reform bills currently under review by the National Assembly. The NEC, chaired by Vice President Kashim Shettima and consisting of Nigeria’s 36 state governors, advised that these bills be temporarily withdrawn to…
FULL TEXT OF NATIONAL BROADCAST BY PRESIDENT BOLA AHMED TINUBU ON THE 64TH INDEPENDENCE ANNIVERSARY OF THE FEDERAL REPUBLIC OF NIGERIA OCTOBER 1, 2024
Fellow Nigerians, as I address you today, I am deeply aware of the struggles many of you face in these challenging times. Our administration knows that many of you struggle with rising living costs and the search for meaningful employment. I want to assure you that your voices are heard. As your President, I assure…
Ogun Intensifies Work on Federal Roads, Begins Palliative Work on Failed Portion of Sagamu-Ore-Benin Expressway
The Ogun State Government has commenced the reconstruction of the failed portion of the Sagamu-Ore-Benin Expressway near Sagamu to address the current traffic logjam being experienced by motorists on the road. Governor Dapo Abiodun paid an unscheduled visit to the bad portion of the road on Sunday, stating that as a major road linking Lagos…
“We Should Not Be Importing Food” – Wale Edun
Nigeria is setting its sights on reducing its heavy reliance on food imports, according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. During a press conference in Abuja on Thursday, held in celebration of the nation’s upcoming 64th Independence Day, Edun unveiled the government’s ambitious plans to boost local agricultural…
SGF Highlights President Tinubu’s Accomplishments Ahead of Independence Day Celebration
As Nigeria prepares for its upcoming independence celebration, the Secretary to the Government of the Federation (SGF), George Akume, highlighted significant milestones achieved by President Bola Tinubu’s administration. During a briefing on Thursday, Akume emphasized that the government’s initiatives have already begun to positively impact the daily lives of Nigerians. In his remarks, Akume referenced…
Federal Government Approves Contract for 258 km Concrete Superhighway in Kebbi and Sokoto States
The Federal Executive Council (FEC) has sanctioned a contract for the construction of a 258-kilometer, three-lane roadway that will feature continuous reinforced concrete pavement in Kebbi and Sokoto States. The project is part of a larger initiative to enhance road infrastructure across Nigeria. This approved section is part of the 1,000-kilometer superhighway, which will eventually…
VP Shettima Departs Abuja for the 79th UNGA in New York
Vice President Kashim Shettima has departed Abuja for New York to lead Nigeria’s delegation at the 79th Session of the United Nations General Assembly (UNGA). The trip comes following a directive from President Bola Ahmed Tinubu, who asked Shettima to represent the country at the global forum while he focuses on urgent domestic issues, including…
Nigeria Signs Agreement with Russian Consortium to Revive Ajaokuta Steel and National Iron Ore Mining Company
The Federal Government of Nigeria has entered into a significant agreement with a Russian consortium for the rehabilitation, completion, and operation of both the Ajaokuta Steel Company Limited (ASP) and the National Iron Ore Mining Company Limited (NIOMCO). This development comes after years of efforts to revitalize Nigeria’s steel industry, which has been dormant for…
CBN Appoints New Board for Keystone Bank, Adds Executive Directors
The Central Bank of Nigeria (CBN) has appointed a new board for Keystone Bank, a move aimed at strengthening the leadership and strategic direction of the financial institution. Lady Ada Chukwudozie has been named as the new chair of the board, taking on the critical role of guiding the bank’s policies and ensuring effective governance….
BREAKING: President Tinubu Announces Kickoff of $550 Million Ubeta Gas Project in Rivers State
In a major boost to Nigeria’s energy sector, President Bola Tinubu has officially launched a $550 million upstream gas development project in Rivers State. The project, a collaboration between the Nigerian National Petroleum Corporation Ltd. (NNPCL) and TotalEnergies, will focus on developing the Ubeta gas field. The announcement was made by President Tinubu’s Special Adviser…