Tag: President Tinubu
Naira Crude Sales Boost Local Refineries, Cut FX Risks – Tinubu
The Federal Government has announced that the introduction of crude oil sales in Naira is a strategic move aimed at enhancing the operational efficiency of local refineries by reducing foreign exchange risks and transaction costs. President Bola Tinubu disclosed this on Tuesday while declaring open the eighth edition of the Nigeria International Energy Summit (NIES)…
NNPC Ltd Leads Africa’s Gas Infrastructure Expansion at NIES 2025, Highlights Tinubu’s Reforms as Key Driver for Investment
The Group Chief Executive Officer of NNPC Ltd, Mele Kyari, has declared that Africa is poised to become the next frontier for global energy investment, with Nigeria at the forefront of this transformation. Speaking at the opening ceremony of the 2025 Nigeria International Energy Summit (NIES) in Abuja, Kyari emphasized Nigeria’s pivotal role as Africa’s…
President Tinubu Flags Off Lagos-Ibadan-Sagamu Expressway Reconstruction
On Saturday, the 22nd of February 2025, President Bola Ahmed Tinubu officially flagged off the reconstruction of section one of the Lagos-Ibadan and Lagos-Sagamu Expressways. During the Flag-off ceremony which took place in Sagamu, Ogun state, President Tinubu stated that the reconstruction and expansion project would include features such as underpasses and pedestrian bridges at…
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Vice President Kashim Shettima and consisting of Nigeria’s 36 state governors, advised that these bills be temporarily withdrawn to…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…
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…
FG Proposes NIMASA, NPA to Collect Fees in Naira Instead of Dollars
The Federal Government has proposed a shift in the collection of charges by two key maritime agencies, the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Nigerian Port Authority (NPA), from foreign currencies to Naira. This suggestion was made as part of a broader economic stabilization effort under a bill expected to be presented…
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…
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…