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Tinubu approves ₦17bn fund for projects in 8,804 wards nationwide

President Bola Ahmed Tinubu has approved a N17 billion community-led development fund to drive grassroots interventions across Nigeria’s 8,804 wards. This was disclosed in a statement issued by the Assistant Director, Information and Public Relations, Ado Bako, on behalf of the Federal Ministry of Health and Social Welfare. The President also approved the upgrade of […]

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Tinubu blames privatization for current power sector crisis

President Bola Ahmed Tinubu has declared that Nigeria is currently on the right path notwithstanding the persistent challenges facing the power sector. During a recent engagement monitored on Channels Television, the President attributed the nation’s ongoing electricity struggles to what he described as poorly executed privatisation by previous administrations. He expressed a strong sense of […]

Finance

Nigeria isn’t poor, huge money moves below radar – Tinubu’s aide

The Special Adviser to President Bola Ahmed Tinubu on Economic Affairs, Tope Fasua, has asserted that Nigeria should not be classified as a poor country, pointing instead to the enormous scale of economic activities taking place within its informal sector. Fasua made the remarks while addressing recent economic reforms, explaining that a substantial portion of […]

Finance

Tinubu approves $75m investment in Flutterwave

President Bola Tinubu has approved a $75 million investment in Flutterwave as the fintech company advances plans for its Initial Public Offering. The development was disclosed on Monday by the President’s Special Assistant, Dada Olusegun, via a social media post. The move comes shortly after Flutterwave secured approval to operate banking services in Nigeria, marking […]

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Tinubu signs ₦68.32trn 2026 budget into law

President Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. He also signed a separate bill extending the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allocates ₦4.799 trillion for statutory transfers and ₦15.8 trillion […]

Aviation

Nigeria Airways ex-workers lament delayed ₦36bn Tinubu-approved payment

Nigeria Airways ex-workers have lamented over the delay in payment of N36 billion severance benefits that have lingered for several years despite approval by President Bola Ahmed Tinubu. Speaking during a press conference at the Lagos airport on Thursday, Prekeme Porbemi, a former pilot for the defunct Nigeria Airways Limited who spoke on behalf of […]

News

Tinubu commissions Nigeria Revenue Service new headquarters in Abuja

President Bola Tinubu on Tuesday officially commissioned the new Corporate Headquarters of the Nigeria Revenue Service in Abuja. The event marked the transition from the Federal Inland Revenue Service to the newly restructured Nigeria Revenue Service. Tinubu, while addressing guests in a video of the unveiling shared by his Special Assistant on Social Media, Dada […]

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Tinubu’s reforms bring necessary pain for long-term gain — Bwala

In a strong defence of the ongoing economic reforms under President Bola Ahmed Tinubu, presidential aide Daniel Bwala has described the current hardship as a reflection of necessary structural changes rather than policy failure. In a post on X on Monday, Bwala argued that while the reforms may be difficult, the challenges Nigerians previously endured […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
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SERAP urges Tinubu to probe missing ₦2.9bn in NIGCOMSAT, NNRA

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct Dr Bosun Tijani, Minister of Communications, Innovation and Digital Economy, and the management of both the Nigerian Communications Satellite Limited and the Nigerian Nuclear Regulatory Authority to account for and explain the whereabouts of the alleged missing or diverted ₦2.9 billion of […]

Tinubu appoints Olusi as new BoI boss
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Tinubu approves ₦3.3trn power debt to restore stable electricity

President Bola Tinubu has approved the payment plan to finally settle the outstanding debts under the Presidential Power Sector Financial Reforms Programme. The Special Adviser to the President on Information and Strategy, Bayo Onanuga, disclosed this in a press statement on Sunday. He stated that the debt repayment plan followed the final review of the […]

News

Tinubu inaugurates ₦73bn Customs complex in Ogun

President Bola Tinubu inaugurated a N73 billion customs complex in Iperu, Ogun State, marking a major infrastructure push aimed at strengthening trade facilitation, enforcement, and revenue generation within the Nigeria Customs Service. The project, which houses the Federal Operations Unit Zone ‘A’, spans 142 buildings on a 100-hectare site and is designed to deliver international-standard […]

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Account for ₦158trn foreign loans, SDP queries Tinubu

The Social Democratic Party has called on the administration of President Bola Ahmed Tinubu to provide a detailed account of over ₦158 trillion in foreign loans allegedly secured within the last three years. The party also expressed concern that recently approved loans by the National Assembly could be misapplied or diverted for political purposes ahead […]

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