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featured Transportation

Tinubu hails $1.26bn Lagos–Calabar Highway deal

President Bola Tinubu has praised the successful conclusion of a 1.26 billion dollar financing agreement for Phase 1, Section 2 of the Lagos–Calabar Coastal Highway, describing the development as a significant boost to Nigeria’s ongoing infrastructure expansion efforts. The commendation was contained in a statement released on Friday by the President’s Special Adviser on Information […]

featured News

Tinubu lacks power to suspend new tax laws — Oyedele

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has stated that President Bola Tinubu lacks the constitutional authority to suspend the recently enacted tax laws. Oyedele made the clarification amid mounting calls on the Federal Government to pause the implementation of the laws, following controversies surrounding their passage and […]

Economy

Tinubu seeks annulment, extension of 2024, 2025 budgets

President Bola Tinubu has asked the House of Representatives to repeal and re-enact the 2024 and 2025 Appropriation Acts and to extend the implementation of the 2025 budget to 31 March 2026. The request was contained in a letter written by the President and read on the floor of the House on Friday by the […]

Tinubu woos American investors
featured News

Tinubu arrives NASS to present 2026 budget proposal

President Bola Tinubu has arrived at the National Assembly on Friday afternoon ahead of the presentation of the 2026 Appropriation Bill to a joint session of the Senate and House of Representatives. The President was received by top officials of the National Assembly and principal officers as lawmakers gathered for the budget presentation, a key […]

Tinubu orders commencement of palliative road project
featured News

Tinubu presides over FEC meeting on 2026 budget

President Bola Tinubu is currently presiding over a meeting of the Federal Executive Council at the Council Chambers of the Presidential Villa in Abuja. BusinessDay gathered that the Federal Executive Council has a major item on its agenda, which is the consideration and approval of the 2026 Appropriation Bill before it is forwarded to the […]

Oil and Gas

PANDEF endorses Tinubu’s oil sector reforms

The Pan-Niger Delta Forum has formally endorsed the ongoing reforms in Nigeria’s oil and gas sector under President Bola Ahmed Tinubu, describing recent developments as a decisive departure from years of policy drift and regulatory uncertainty in the industry. Speaking in Abuja during an interaction with journalists, PANDEF’s National Publicity Secretary, Ambassador Gidknows Igali, said […]

Appointments

Tinubu approves reconstitution of NERC board

President Bola Tinubu has officially approved the reconstitution of the Board of the Nigerian Electricity Regulatory Commission. This decision follows the successful confirmation of the board members by the Senate on December 16. The announcement was made public through a statement released on Thursday by Bayo Onanuga, the Special Adviser to the President on Information […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
News

Tinubu to present 2026 budget proposal to NASS Friday

President Bola Tinubu is expected to present the 2026 Appropriation Bill to a joint session of the National Assembly on Friday, December 19, 2025. Ahead of the presentation, a formal communication from the Presidency is expected to be read on the floor of the House of Representatives at plenary on Thursday, notifying lawmakers and staff […]

featured Finance

Tinubu sends 2026-2028 MTEF to Senate for approval

President Bola Tinubu has transmitted the 2026–2028 Medium Term Expenditure Framework and Fiscal Strategy Paper to the Senate for its consideration and subsequent approval. This submission is a crucial step that precedes the presentation of the annual budget, as it is designed to establish the fiscal parameters that will govern the nation’s finances for the […]

News

Tinubu orders immediate clearing of ₦1.5bn FG contractors debt

President Bola Tinubu has expressed strong displeasure over a backlog of about 1.5 billion naira owed to federal contractors and has ordered for the immediate clearance. The President’s reaction was disclosed by his Special Adviser on Information and Strategy, Bayo Onanuga, who briefed State House reporters after the meeting, stating that the president learned about […]

Finance

Tinubu submits 2026-2028 MTEF to Reps

President Bola Tinubu has submitted the 2026–2028 Medium-Term Expenditure Framework and Fiscal Strategy Paper to the House of Representatives, seeking the legislature’s approval. During Wednesday’s plenary, the letter from Tinubu was read by Deputy Speaker Benjamin Kalu, who presided over the session, urging lawmakers to consider the documents promptly. “It is with pleasure that I […]

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