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Economy

Tinubu projects stronger economy, lower inflation in 2026

President Bola Tinubu has declared that 2026 will usher Nigeria into a more robust phase of economic growth, with his administration committed to further reducing inflation, strengthening foreign reserves and sustaining the country’s gross domestic product growth trajectory. In his New Year message to Nigerians on Thursday, the President expressed confidence in the collective resolve […]

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FULL SPEECH: Tinubu’s new year address

President Bola Tinubu on Thursday said 2026 would mark the beginning of a more robust phase of economic growth for Nigeria, citing moderating inflation, improved foreign reserves, rising investment inflows and sustained GDP expansion as evidence that recent reforms are beginning to yield results. In his New Year address to the nation, the President said […]

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Major bills approved, declined by Tinubu in 2025

2025 has been a significant year for the National Assembly and President Bola Tinubu, as the executive and legislative arms navigated a mix of cooperation and caution in lawmaking. The 10th National Assembly has received both praise and criticism for its responsiveness to the executive, with Tinubu assenting to some key bills while declining others. […]

Tinubu orders NNPC to sell Crude to Dangote in Naira
featured Politics

Tax: PDP accuses Tinubu of putting revenue above Nigerians’ welfare

The Peoples Democratic Party has accused the administration of President Bola Ahmed Tinubu of prioritising revenue generation over the welfare and well-being of Nigerians following the Federal Government’s insistence on commencing the new Tax Act on January 1, 2026, despite alleged discrepancies in its gazetted provisions. The opposition party renewed its call for the suspension […]

Oil and Gas

Tinubu writes off $1.42bn, N5.57tn NNPCL debts

President Bola Tinubu has approved the cancellation of a large portion of the debts owed by the Nigerian National Petroleum Company Limited to the Federation Account, wiping off about $1.42bn and N5.57tn following a reconciliation of records between both parties. The approval is contained in a document prepared by the Nigerian Upstream Petroleum Regulatory Commission […]

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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 […]

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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
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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
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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 […]