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Cut corporate tax to 7.5%, NACCIMA urges Tinubu
featured Oil and Gas

Tinubu signals major overhaul of PIA with oil revenue order

President Bola Tinubu has signalled a broader overhaul of Nigeria’s petroleum governance framework following his executive order mandating direct remittance of oil and gas revenues into the Federation Account. According to The PUNCH, presidency sources confirm that beyond the immediate fiscal reset, preparations are underway for a comprehensive review of the Petroleum Industry Act to […]

Oil and Gas

Tinubu’s order stops NNPCL’s ₦2.1tn four-year deductions

President Bola Tinubu’s executive order has halted deductions by the Nigerian National Petroleum Company Limited for management fees and the Frontier Exploration Fund, stopping revenue streams that totaled about N2.076 trillion over four years, according to investigations by The PUNCH. An analysis of monthly earnings submitted to the Federation Account Allocation Committee, obtained by the […]

featured Oil and Gas

PENGASSAN to meet presidency over Tinubu’s ‘threatening’ executive order

The leadership of the Petroleum and Natural Gas Senior Staff Association of Nigeria has announced plans to meet with the Presidential Implementation Committee on Executive Order 9, which was recently signed by President Bola Tinubu. PENGASSAN has warned that the executive order poses a serious threat to the stability of the oil and gas industry, […]

News

Tinubu promises state police, to tackle unemployment

President Bola Tinubu on Monday expressed optimism that Nigerians should expect better days ahead, stating that the country has now emerged from its economic and security challenges. The President made the remarks while speaking at an interfaith breaking of fast event held at the State House Banquet Hall in Abuja. The gathering included 20 governors, […]

SERAP sues Wike, governors, over failure to account for N40tn LGA allocations
Opinion

SERAP urges Tinubu to scrap unlawful phone tapping regime

The Socio-Economic Rights and Accountability Project has urged President Bola Tinubu to direct the Minister of Communications, Innovation and Digital Economy, Bosun Tijani, to immediately withdraw the Lawful Interception of Communications Regulations, 2019. SERAP described the regulations as “unconstitutional, unlawful and inconsistent with Nigeria’s international obligations.” The organisation also called on the President to initiate […]

Policy and Regulations

Tinubu signs order to end wasteful PIA deductions

President Bola Tinubu, on Wednesday, signed an Executive Order to boost oil and gas revenues flowing into Nigeria’s Federation Account by eliminating wasteful deductions under the Petroleum Industry Act. According to the statement issued by the Presidential spokesman, Bayo Onanuga, the Executive Order is anchored on Section 44(3) of the Constitution, which vests ownership, control, […]

Policy and Regulations

Tinubu unveils industrial policy 2025, demands speedy implementation

President Bola Tinubu on Tuesday unveiled the Nigeria Industrial Policy 2025, directing relevant Ministries, Departments and Agencies to ensure its speedy implementation. The President, represented by Vice-President Kashim Shettima, inaugurated the policy at the Bola Ahmed Tinubu International Conference Centre in Abuja. Tinubu described the policy as a roadmap for re-engineering Nigeria’s industrial base. He […]

News

Tinubu hails Pate, Makanju on Devex Power 50 inclusion

President Bola Tinubu has congratulated two prominent Nigerians on their inclusion in the Devex Power 50 list for 2026. The recognition highlights influential figures shaping global development. President Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga, announced the development in a statement released on Friday. Prof. Muhammed Ali Pate, Coordinating Minister of Health and […]

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

Tinubu’s Türkiye visit targets $5bn bilateral trade boost

The Presidency has stated that President Bola Tinubu’s recent working visit to Ankara, Türkiye, was driven by concrete economic and diplomatic objectives. The engagement resulted in commitments expected to raise bilateral trade between Nigeria and Türkiye to $5 billion. It also deepened cooperation across strategic sectors. Special Assistant to the President on Social Media, Dada […]

NESG condemns FG's N3.5tn budget for education, health
Opinion

GDP under Obasanjo, Jonathan better than Tinubu’s govt — PDP chieftain

A Peoples Democratic Party presidential hopeful, Dr. Gbenga Olawepo-Hashim, has criticised the economic performance of President Bola Ahmed Tinubu’s administration. He said Nigeria’s economy is significantly weaker than it was under previous governments and challenged top economic officials to publicly defend their record. Olawepo-Hashim spoke during an interview on Channels Television, where he addressed the […]

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