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Tag: minister

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Tinubu accepts minister Nnaji’s resignation amid forgery allegations

President Bola Ahmed Tinubu has accepted the resignation of Geoffrey Uche Nnaji, Minister of Innovation, Science, and Technology, following allegations leveled against him. Nnaji, who was appointed in August 2023, announced his resignation in a letter to the President on Tuesday, expressing gratitude for the opportunity to serve the nation. In the letter, Nnaji noted […]

News

UNN never issued me certificate, Tinubu’s minister confesses

The Minister of Science and Technology, Uche Nnaji, has finally admitted that the University of Nigeria, Nsukka, never gave him a degree certificate, confirming earlier reports that he might have forged his academic credentials. This revelation supports findings from a two-year investigation which had exposed that the documents Nnaji presented to President Bola Tinubu and […]

Ex-finance minister Agunloye freed from prison
News

Ex-finance minister Agunloye freed from prison

By Christian George Former Minister of Power and Steel, Olu Agunloye, has reportedly regained his freedom from Kuje Prisons after fulfilling bail conditions. This was made known by the spokesperson for the Federal Capital Territory Command of the Nigerian Correctional Service, Adamu Duza, in a release. Duza stated that the former minister regained his freedom […]

Why CBN won't print naira again - Budget minister
Banking

Why CBN won’t print naira again – Budget minister

The Federal Government has stated that it will no longer permit the Central Bank of Nigeria to print money through Ways and Means to pay the budget deficit in the face of revenue pressures on the 2024 national budget. The Minister of Budget and National Planning, Atiku Bagudu, revealed this information in an interview with journalists […]

Why naira-dollar can't be stable - Minister
Business Economy featured

Why naira-dollar can’t be stable – Minister

Christian George The Minister of Budget and Economic Planning, Atiku Bagudu, has revealed why naira to dollar exchange rate can not be stable despite government settlement for N800/$ exchange rate. Bagudu explained that what leads to the fluctuation of exchange rate are as an aftermath of uncontrollable circumstances. The Minister who said this in an […]

Why naira-dollar can't be stable - Minister
Business

Nigeria needs $80bn investments for Agenda 2050 – Minister

The Minister of Budget and Economic Planning, Sen. Atiku Bagudu, stated that Nigeria needs at least $100 billion in investments to accomplish the Nigeria Agenda 2050, with the private sector likely to contribute more than 80%. According to Arise TV,  the minister made this revelation while discussing the 2024 budget. He emphasized the importance of private capital in propelling […]

Business

Exchange rate to stabilize in future, Minister tells investors

The Minister of Budget and Economic Planning, Atiku Bagudu, has stated that he expects the exchange rate to improve as a result of President Bola Tinubu’s and the Central Bank of Nigeria’s ongoing currency reforms. The PUNCH reported that his comments came nearly six months after Tinubu lifted the exchange rate cap, among other currency reforms. According to […]

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