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Tag: Bola Ahmed Tinubu

President Tinubu to reduce inflation to 15% by 2025
News

NNPCL to sell crude to Dangote Refinery in naira

The Nigerian National Petroleum Company Limited has been instructed by President Bola Tinubu to sell crude oil to Dangote Refinery and other forthcoming refineries in naira. This was disclosed by the Special Adviser to the President on Information and Strategy, Bayo Onanuga via his official X handle on Monday. Onanuga said that the Federal Executive […]

AMCON’s new DG will improve debt recovery, says commentator
Business

AMCON’s new DG will improve debt recovery, says commentator

By Melvin Onwubuke Public commentator, Raheem Ajayi said the new Managing Director of Asset Management Corporation in Nigeria, Gbenga Alade, will improve the organisation’s debt recovery. Ajayi in a statement, noted that with the appointment of Alade, the government had made a laudable commitment to appoint competent persons in an appropriate position for the sake […]

Why Tinubu should ban dollar cash transactions - Operator
News

Why Tinubu should ban dollar cash transactions – Operator

To prevent the naira from depreciating further, President Bola Tinubu has been encouraged by the Group Managing Director of CFL Group, Lai Omotola, to issue an executive order outlawing the use of dollars in cash transactions. Omotola pointed out that the Central Bank of Nigeria and the Federal Government of Nigeria had implemented a number […]

Economic hardship: Senator advises Tinubu to hold national stakeholders meeting
Economy

Economic hardship: Senator advises Tinubu to hold national stakeholders meeting

A lawmaker from Osun Central, Senator Ajagunnla Olubiyi Fadeyi, has advised President Bola Tinubu to call an urgent national stakeholders engagement forum to discuss long-term solutions to the country’s severe challenges, as the cost of living crisis worsens amid rising levels of insecurity. The Punch stated that Fadeyi expressed her appreciation to the President for […]

Why affordable housing can't be realistic in Nigeria - Developers
Real Estate

Tinubu to inaugurate 3,112 housing unit projects in Abuja

President Bola Tinubu will start building a 3,112 housing project in Phase 3, Karsana District, Federal Capital Territory, on Thursday. According to a statement on the ministry’s official X handle, this historic occasion marks the formal beginning of the Ministry of Housing and Urban Development’s Renewed Hope Cities and Estates Programme. Recall that the Federal […]

Tinubu orders commencement of palliative road project
News

Tinubu orders commencement of palliative road project

  Bisola David President Bola Ahmed Tinubu has ordered the commencement of palliative road projects in the 36 states and the federal capital territory to begin before December 1, 2023. This was disclosed by the Federal Minister of Works, Dave Umahi, in response to the public’s growing concerns regarding the terrible conditions of several Federal […]

Tinubu signs seven bilateral agreements with Qatar
Business

FG to build 34,500 homes nationwide

President Bola Tinubu has authorized the construction of 34,500 homes around the country in order to increase access to decent, quality, and affordable housing for all Nigerians. The Punch said that the statement was made by the Minister of Housing and Urban Development, Ahmed Dangiwa, as Taraba State Governor Agbu Kefas paid a courtesy visit to […]

Tinubu woos American investors
Business

Tinubu woos American investors

    President Bola Tinubu has informed potential investors that Nigeria offers a unique mix of prospects that they would not find anywhere else. He also advised them not to be deterred by negative narratives spread by various sectors. “Nigeria is an opportunity that is impossible to replicate or find elsewhere in any part of […]

Tinubu vows to fix Nigeria's oil, gas challenges
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Tinubu vows to fix Nigeria’s oil, gas challenges

    President Bola Tinubu conveyed a message of assurance to international investors on Tuesday, stating his commitment to addressing the challenges within Nigeria’s oil and gas industry, drawing from his own experience in the sector. As a result, he emphasized that Nigeria is currently more open for business opportunities than ever before. President Bola […]

Nigeria has best return on investments, Tinubu tells Indian investors
Business

Nigeria has best return on investments, Tinubu tells Indian investors

Kazeem Owoseni President Bola Ahmed Tinubu has commended the new Indian investors who have made pledges to invest about $14 b in the Nigerian economy, during the ongoing Nigeria-India Presidential Roundtable and Conference in New Delhi, India. While lauding the new investors for their brilliant decisions, President Tinubu urged them against procrastination, saying that the […]

Tinubu considering ‘temporary subsidy’ on petrol - Reports
Economy

Nigeria has best return on investments, Tinubu tells Indian investors

Kazeem Owoseni     President Bola Ahmed Tinubu has commended the new Indian investors who have made pledges to invest about $14 b in the Nigerian economy, during the ongoing Nigeria-India Presidential Roundtable and Conference in New Delhi, India.   While lauding the new investors for their brilliant decisions, President Tinubu urged them against procrastination, […]

States debt to hit N1.34tn over palliative loans
News

States debt to hit N1.34tn over palliative loans

    Findings have revealed that the latest subsidy palliative loans may drive 36 states’ borrowing from the Federal Government to N1.34tn. According to The PUNCH, the debt under the budget support facility of the Federal Government comprised a total of N614 billion in 2019, followed by an additional debt of N656 billion in 2021. […]