Tag: FG
FG Bows to Pressure as DSS Releases NLC President from Detention
The Federal Government has yielded to pressure following the release of Comrade Joe Ajaero, the President of the National Labour Congress (NLC), from the custody of the Department of State Services (DSS). Ajaero’s release came after mounting pleas, threats, and protests from the NLC, who condemned his detention as unjust and vowed to take further…
Chief Ajuri Ngelale Takes Indefinite Leave to Address Family Medical Issues
Chief Ajuri Ngelale, Special Adviser to President Bola Tinubu on Media and Publicity, has announced that he will be taking an indefinite leave of absence to focus on pressing personal medical matters affecting his family. In a statement released today, Ngelale explained his decision to step away from his duties following consultations with his family…
“We Must Take Hard Decisions to Pave the Way for a Better Future” – President Tinubu Hails ‘Very Successful’ China Visit
Beijing, China — President Bola Tinubu has described his official visit to China as “very good and successful,” emphasizing the strong strides made in strengthening cooperation in infrastructure, trade, finance, energy, green economy, and mining. Speaking to members of the Nigerians in Diaspora Organization (NIDO) and the Nigerian community in China on Friday at the…
NNPC Clarifies PMS Price Fluctuations Amid Forex Challenges
Abuja, Nigeria – The Nigerian National Petroleum Company Limited (NNPC Ltd.) has clarified that the recent fluctuations in the price of Premium Motor Spirit (PMS), commonly known as petrol, are primarily due to foreign exchange (forex) illiquidity, as well as the influence of free market forces, in line with provisions of the Petroleum Industry Act…
Federal Government Begins Sale of Subsidized Milled Rice to Nigerians
Abuja, Nigeria – The Federal Government has officially commenced the sale of 30,000 metric tonnes of milled rice to the Nigerian populace at a subsidized price of N40,000 per 50-kilogram bag. The initiative, launched on Thursday in Abuja, is part of a broader food intervention program aimed at easing the burden of rising food costs…
President Tinubu Visits China Railway Construction Corporation, Reaffirms Commitment to Ibadan-Abuja-Kaduna-Kano Railway Segments
On Monday in Beijing, President Bola Ahmed Tinubu visited the China Railway Construction Corporation (CRCC), where he reaffirmed his administration’s commitment to the completion of the Ibadan-Abuja-Kaduna-Kano railway segments. The President recognized CRCC as a reliable partner in Nigeria’s infrastructure development and praised the company’s ongoing railway projects in the country. During the visit, President…
President Tinubu Visits Huawei’s Beijing Research Centre, Unveils DigiTruck Initiative for Nigeria
During a visit to the Beijing Research Centre of Huawei Technologies, President Bola Ahmed Tinubu was presented with Huawei’s latest innovation, the DigiTruck—a mobile ICT classroom designed to boost digital literacy in underprivileged communities across Nigeria. The unveiling marks a significant step in advancing digital education and bridging the technology gap in the country. In…
FG Vows Action as Independent Marketers Defy Government, Sell Fuel at N1,000/litre
Abuja, August 27, 2024 — The Federal Government has vowed to take decisive action against independent oil marketers selling petrol at exorbitant prices, with some stations reportedly charging between N900 and N1,000 per litre. This defies the Nigerian National Petroleum Company (NNPC)’s efforts to maintain pump prices within the range of N568 to N617 per…
Nigeria’s GDP Grows by 3.19% in Q2 2024, Driven by Services Sector
Abuja, August 27, 2024 — Nigeria’s Gross Domestic Product (GDP) recorded a notable year-on-year growth of 3.19% in real terms for the second quarter of 2024, reflecting an uptick in the nation’s economic performance. This growth surpasses the 2.51% growth rate recorded in the corresponding quarter of 2023 and also marks an improvement from the…
President Tinubu Approves New Appointments to TETFund Board Amid NELFUND Disbursements
In a significant move aimed at enhancing the quality of tertiary education in Nigeria, President Bola Tinubu has approved the appointment of several distinguished Nigerians to the board of the Tertiary Education Trust Fund (TETFund). The newly appointed members are: This announcement comes at a pivotal time when the Nigerian Education Loan Fund (NELFUND) has…