Tag: Muhammadu Buhari

Dangote hail Buhari, Tinubu for supporting Refinery
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Dangote hails Buhari, Tinubu for supporting Refinery

        The President and CEO, of Dangote Industries Limited, Aliko Dangote, has hailed the president, Major General Muhammadu Buhari (retd.), and the president-elect, Bola Tinubu, over the successful completion of the Dangote Petroleum Refinery and Petrochemicals plant. He stated this while giving his welcome speech at the official commissioning of the Refinery […]

The refinery is situated at the Dangote Industries Free Zone in Ibeju-Lekki, Lagos. Its primary function is to refine crude oil grades sourced from Africa, Asia, and America. The refinery has the capacity to produce a surplus of approximately 38 million litres of petrol, diesel, kerosene, and aviation fuel on a daily basis, which is intended for domestic consumption in Nigeria. The refinery has a capacity to process 650,000 barrels of crude oil per day and converts it into various petroleum products, including diesel, petrol, jet fuel and kerosene.
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PHOTOS: Buhari arrives commissioning of Dangote Refinery

  The President, Muhammadu Buhari (retd.), has arrived for the Dangote Oil Refinery for its official commissioning. The refinery is situated at the Dangote Industries Free Zone in Ibeju-Lekki, Lagos. Its primary function is to refine crude oil grades sourced from Africa, Asia, and America. The refinery has the capacity to produce a surplus of […]

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Old naira: Court bars Buhari, Emefiele from extending deadline

    Wilson Adekumola   An High Court of the Federal Capital Territory Monday, issued a restraining order on President Muhammadu Buhari, the Central Bank of Nigeria, CBN, Governor, Godwin Emefiele and 27 commercial banks from suspending the demonization policy of the federal government. The High Court Judge, Justice Eneojo Eneche made the order while […]

Buhari unveils SDG financing framework
Agribusiness

Buhari hails AfDB, others for $538m agric fund

  The President, Major General Muhammadu Buhari (retd.), on Wednesday applauded the provision of $538.05m by the African Development Bank, the Islamic Development Bank, and the International Fund for Agricultural Development. According to The PUNCH, the funds were donated for the first phase of the Special Agro-Industrial Processing Zones for Nigeria programme. This came after […]

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Buhari to flag-off Lagos deep sea port, rice mill

  The President, Major General Muhammadu Buhari (retd.), is expected to inaugurates the Lagos deep sea port project among other projects in the State on Monday. According to the Nation, this is part of the activities of the President, who will be having a two day working visit to the State. During the visit, Buhari, […]

Buhari unveils SDG financing framework
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Buhari didn’t approve petrol price hike – FG

  The Federal Government of Nigeria has denied its involvement in the price increase of petrol despite the hike and scarcity nationwide. In a statement released by his media aide, Horatius Egua, in Abuja on Friday, the Minister of State for Petroleum Resources, Chief Timipre Sylva, claimed that PMS price increases had not been approved […]

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Buhari regime lifts ban on charcoal, wood exportation

  The Federal Government on Thursday announced that the ban on the exportation wood and charcoal has been lifted. The Minister of Environment, Muhammed Abdullahi, said this during a stakeholders consultative meeting in Abuja on the review of the ban on charcoal and suspension of the export of processed wood and other allied products. The […]

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CBN gov Emefiele visits Buhari at state house

  The Central Bank of Nigeria Governor, Godwin Emefiele, on Thursday visited the President, Major General Muhammadu Buhari (retd.), at the State House, Abuja. The visit is considered the second of the governor of Nigeria’s apex financial institution since he returned to Nigeria following on January 12, 2022. The embattled CBN head was a member […]

Naira redesign: CBN has my approval, Buhari clarifies
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Buhari rescued Nigeria from recession twice – Zainab Ahmed

  The Finance Minister, Zainab Ahmed, said that the regime of the President, Major General Muhammadu Buhari (retd), rescued Nigeria from two recessions and has placed the country on track for growth and development. Ahmed said this during her interview session on Wednesday with Bloomberg TV at the World Economic Forum in Davos, Switzerland. The […]

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AfCFTA will boost Nigerian exports by 15% – Buhari

The President, Major General Muhammadu Buhari (retd.), has said that the African Continental Free Trade Agreement will increase Nigeria’s exports by more than 15 per cent in fishery, textile, leather, wood and papers, metals, electronics, vehicles and transport equipment. Buhari stated this at the ninth African Shippers’ Day with the theme: “African Continental Free Trade […]

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Nigeria’s debt to hit N77tn, loan servicing N5.2tn

Nigeria’s public debt load could reach N77 trillion if the National Assembly approves the President’s, Major General Muhammadu Buhari (retd.), request to restructure the Ways and Means Advances. According to The PUNCH, the Central Bank of Nigeria uses a borrowing instrument called Thee Ways and Means Advances to pay for budgetary gaps in the government. […]