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Tag: President Bola Tinubu

Nigeria@64: Tinubu unveils plan to create 2.5m jobs
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Tinubu unveils plan to revolutionise agriculture 

President Bola Tinubu announced a sweeping initiative to transform Nigeria’s agricultural sector, aiming to enhance food production, attract investment, and create jobs. Speaking at the National Assembly during his Democracy Day address on Thursday, Tinubu outlined a strategic vision to make farming a cornerstone of economic growth. He stated that his administration is committed to […]

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Tinubu signs order to cut costs, boost Nigeria’s oil investment

President Bola Tinubu has signed an Executive Order designed to reduce costs in oil and gas projects, enhance government revenue, and speed up investment inflows into Nigeria’s energy sector. According to a statement released Thursday by the Office of the Special Adviser to the President on Energy, the order implements comprehensive fiscal reforms that emphasize […]

Over 160,000 benefited from Tinubu's transport subsidy - Alake
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Tinubu’s reforms attracted $800m in mining sector – Minister 

Nigeria’s solid minerals sector is undergoing a revival, driven by the Tinubu administration’s strong focus on local value addition and tighter licensing regulations. These reforms attracted over $800 million in processing projects in the past year. The sector’s revenue skyrocketed to N38 billion in 2024, a sharp rise from N6 billion the previous year, despite […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
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Tinubu approves national integrated electricity policy to transform power sector

President Bola Tinubu has officially ratified the National Integrated Electricity Policy, a comprehensive roadmap for the Nigerian Electricity Supply Industry. The policy is designed to attract $122.2 billion in investments to transform and modernize Nigeria’s power sector. During the Federal Executive Council meeting on Monday, President Tinubu ratified the long-awaited National Integrated Electricity Policy, which […]

President Tinubu to reduce inflation to 15% by 2025
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Tinubu strengthens NCDMB with four new appointments

President Bola Tinubu has approved the appointment of four new members to the Governing Council of the Nigerian Content Development and Monitoring Board. This decision aims to fill existing vacancies and enhance the board’s capacity to promote local content in Nigeria’s oil and gas industry. The announcement was made in a statement on Thursday by […]

News

Tinubu nominates Melvin Ayogu to CBN board, seeks confirmation

President Bola Tinubu has formally nominated Professor Melvin D. Ayogu for appointment to the Board of Directors of the Central Bank of Nigeria and has requested the Senate’s confirmation of this appointment. This was disclosed in a statement by the Special Adviser to Tinubu on Information and Strategy, Bayo Onanuga, in a statement on Wednesday […]

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Tinubu appoints Shamsedeen Ogunjimi as new accountant-general

President Bola Tinubu has appointed Shamsedeen Babatunde Ogunjimi as the new Accountant-General of the Federation, effective March 7, 2025. His appointment follows a rigorous selection process, and he will replace Oluwatoyin Madehin, who is set to retire. This was disclosed in a statement on Tuesday by the president’s Special Adviser on Information and Strategy, Bayo […]

News

Tinubu promises investors business-friendly policies in oil, gas industry

President Tinubu has pledged to eliminate obstacles hindering investment and operations in Nigeria’s oil and gas sector. Speaking at the 8th Nigeria International Energy Summit in Abuja, themed “Bridging Continents: Connecting Investors Worldwide with Africa’s Energy Potential,” he assured investors of attractive fiscal policies and business-friendly regulations to enhance the industry’s growth. Represented by the […]

Cut corporate tax to 7.5%, NACCIMA urges Tinubu
News

Tinubu backs digital economy for youth empowerment, job creation

President Bola Tinubu has reaffirmed his administration’s commitment to developing Nigeria’s digital economy, emphasizing its importance for youth empowerment and job creation. President Tinubu made the commitment on Monday at the State House, Abuja, while receiving a report titled “Digital Economy, Youth Empowerment, and Sustainable Job Creation in Nigeria: Issues, Challenges, and Opportunities,” presented by […]

News

Tinubu praised for efforts in advancing AfCFTA

President Bola Tinubu was commended at the 8th African Union Summit for successfully implementing the African Continental Free Trade Area Digital Trade Protocol, which aims to simplify digital transactions and strengthen economic integration across Africa. A statement from the Ministry of Trade and Industry revealed that former President of Niger, Mahamadou Issoufou, praised President Tinubu’s […]

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$3.25bn foreign investment to power 23m people – Tinubu

President Bola Tinubu has announced that Nigeria is securing over $3.25 billion in foreign investment to ensure a reliable power supply for 23.7 million people. He emphasized the country’s commitment to providing electricity to even the most remote and hard-to-reach communities, aiming for greater energy equity across the nation. President Bola Tinubu made this statement […]

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Tinubu vows expansion, fast-track of universal energy access for Nigerians

President Bola Ahmed Tinubu reaffirmed Nigeria’s commitment to achieving universal energy access by 2030, emphasizing the government’s goal of having renewable energy make up 50% of the national energy mix. He made this disclosure during his participation at the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, on Tuesday. Speaking on Nigeria’s energy […]

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