PRESIDENT Bola Tinubu has approved the appointment of Mrs Arinola Ogbara-Banjoko as a Non-Executive Director representing Lagos State on the Board of the Nigeria Commodity Exchange under the Federal Ministry of Industry, Trade and Investment. The appointment was announced in a statement issued by Bayo Onanuga, Special Adviser to the President on Information and Strategy, on May 7, 2026. According to the statement, Mrs Ogbara-Banjoko replaces Mrs Bamidele Hussein on the board of the exchange. President Tinubu had earlier in April constituted the board of the Nigeria Commodity Exchange with Dalhatu Abubakar appointed as chairman alongside other non-executive directors. The…
Author: Abdullahi Maitama Sani
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THE Minister of Finance and Coordinating Minister of Economy, Taiwo Oyedele, has insisted that the Presidency will not bring back fuel subsidy, following widespread clamour over the effect of its removal on the cost of living. News Point Nigeria reports that the Minister made the statement on Tuesday in Paris, France, as he and President Bola Tinubu met with global investors. Oyedele noted that subsidies created economic “distortions”, adding that the prices of petrol would not be controlled because the Presidency believed the market was capable of regulating itself. Following the removal of the petrol subsidy in May 2023, Nigeria’s…
PRESIDENT Bola Tinubu has met with global investors in Paris, France, emphasising transparency and fiscal discipline and explaining the rationale for the swift implementation of bold reforms. Tinubu, who left Nigeria on Sunday for a three-nation trip, said the economic reform programme of his administration includes measures to remove economic distortions and stabilise macroeconomic indicators, laying the foundation for sustained inclusive growth. He said his government is committed to deepening reforms, enhancing transparency across the oil value chain, and implementing a multi-pronged security strategy, including police decentralisation and disrupting terrorist financing. “The focus remains on policy stability and diligent execution…
PRESIDENT Bola Tinubu has departed Nigeria for France, beginning a three-nation official visit that will also take him to Kenya and Rwanda. The presidential aircraft took off from the Presidential Wing of the Nnamdi Azikiwe International Airport in Abuja on Sunday, marking the start of a diplomatic tour aimed at strengthening economic partnerships and attracting foreign investment. According to the presidency, Tinubu’s first stop is France, after which he will travel to Nairobi to participate in the Africa–France Summit scheduled for May 11 to May 12. The summit, co-chaired by French President Emmanuel Macron and Kenyan President William Ruto, will…
PRESIDENT Bola Ahmed Tinubu will depart Abuja on Saturday on a three nation visit to Kenya, Rwanda and France. This was disclosed by Mr Bayo Onanuga, Special Adviser to the President on Information and Strategy. Giving a breakdown of the three nations trip, Onanuga said President Tinubu’s first stop will be in France, after which he will depart for Nairobi, Kenya, to attend the Africa-France Summit scheduled to begin next week. Co-chaired by President Emmanuel Macron and President William Ruto, the summit focuses on energy transition, green industrialisation, digital transformation, restructuring of global financing architecture, and climate action. President Tinubu’s…
PRESIDENT Bola Ahmed Tinubu has appointed Mr Rilwan Lanre Babalola as Special Adviser to the President on Power and Chairman of the Presidential Task Force on Power Sector Reset and Restoration. The appointment was announced in a statement sent to News Point Nigeria on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. According to the statement, President Tinubu also redesignated the Office of the Special Adviser (Energy) as the Special Adviser (Oil & Gas) in order to clarify roles and avoid duplication of functions within the nation’s energy governance framework. Mr Babalola, a former…
PRESIDENT Bola Ahmed Tinubu has nominated Mr Joseph Olasunkanmi Tegbe as Minister of Power, subject to confirmation by the Senate. The nomination was contained in a statement sent to News Point Nigeria on Thursday by the Special Adviser to the President on Information and Strategy, Bayo Onanuga. According to the statement, the nomination has already been transmitted to the Senate for screening and confirmation in line with constitutional provisions. The nomination follows the resignation of the former Minister of Power, Adebayo Adelabu, who stepped down from office to pursue elective office. Mr Tegbe, an indigene of Oyo State, is described…
PRESIDENT Bola Ahmed Tinubu on Tuesday approved ₦2 billion in relief support for victims of the March 29 attack in Angwa Rukuban, Jos, while also urging Plateau State leaders to commit to lasting peace and address the root causes of recurring violence in the state. This was disclosed in a statement by presidential spokesperson, Bayo Onanuga, during an interactive meeting with a 32-man delegation from Plateau State, in fulfilment of the President’s earlier promise to engage stakeholders following the violence in Jos North Local Government Area. At the end of the meeting, Plateau leaders pledged renewed commitment to peace, acknowledging…
PRESIDENT Bola Tinubu on Wednesday held a closed-door meeting with the extended leadership of the Senate at the Presidential Villa in Abuja. News Point Nigeria gathered that far-reaching decisions on key national issues were reached during the high-level engagement, which addressed matters described as being of urgent national importance. The Senate delegation was led by Senate President Godswill Akpabio and included Deputy Senate President Barau Jibrin, Senate Leader Opeyemi Bamidele, and Senate Minority Leader Abba Moro. Other lawmakers present at the meeting were Senator representing Abia North Senatorial District, Orji Uzor Kalu; Senator representing Kebbi Central Senatorial District, Adamu Aliero;…
PRESIDENT Bola Ahmed Tinubu has extended warm felicitations to renowned broadcaster Moji Makanjoula on the occasion of her 70th birthday, celebrating her decades of professionalism, integrity, and steadfast dedication to excellence in the media industry. In a statement sent to News Point Nigeria by his Special Adviser on Information and Strategy, Bayo Onanuga, on Wednesday, the President acknowledged Makanjoula’s unwavering commitment to truth, ethical reporting, and nation-building through effective communication. President Tinubu particularly commended her significant contributions to shaping public discourse, especially her advocacy on health-related issues, as well as her role in strengthening the media as a vital pillar…
PRESIDENT Bola Tinubu has approved new appointments across key education agencies, including the National Examinations Council and the National Board for Technical Education. According to a statement sent to News Point Nigeria on Wednesday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, the appointments are part of efforts to strengthen institutions under the Federal Ministry of Education. The President appointed Prof. Modupe Adeola Adelabu as Chairman of the Governing Board of the National Examinations Council, while retaining the Registrar, Prof. Ibrahim Dantani Wushishi. He also named Prof. Babatunde Salako as Chairman of the National Board for Technical…
PRESIDENT Bola Ahmed Tinubu has criticised opposition politicians, accusing them of undermining democratic values while claiming to uphold them, as he insisted that democracy in Nigeria will endure despite mounting pressure. News Point Nigeria reports that President made the remarks on Tuesday while hosting a delegation of political leaders from Enugu State, led by Governor Peter Mbah, at the Aso Rock Villa, according to a statement by his Special Adviser on Information and Strategy, Bayo Onanuga. Addressing the delegation, Tinubu maintained that democratic governance would continue to thrive in Nigeria, despite what he described as intimidation. “Democracy will survive, despite…
PRESIDENT Bola Tinubu has signed the 2026 Appropriation Bill into law, authorising an aggregate expenditure of ₦68.32 trillion for the current fiscal year. News Point Nigeria reports that Tinubu also signed a separate bill extending the implementation period of the 2025 budget from March 31 to June 30, 2026. The budget allocates ₦4.799 trillion for statutory transfers and ₦15.8 trillion for debt service. It further sets aside ₦15.4 trillion for recurrent expenditure and ₦32.2 trillion for capital expenditure through the Development Fund. The presidency made the disclosure in a statement signed by Special Adviser on Information and Strategy, Bayo Onanuga…
PRESIDENT Bola Tinubu says he is not intimidated by the opposition, describing them as “noise-makers” who do not respect the rule of law. News Point Nigeria reports that Tinubu stated this during a meeting with leaders and coordinators of the Renewed Hope Ambassadors from the 36 states of the federation at the State House, Abuja on Thursday. The group was led by Imo State Governor, Hope Uzodimma, who is the Director-General of the Renewed Hope Ambassadors. “They want to scare me off? It is a lie. I have been through this path before,” the President said. “One thing that you…
PRESIDENT Bola Tinubu has said that Nigeria’s old, colonial-era tax laws contributed significantly to impoverishing citizens through fragmentation, multiplicity, and inconsistencies, while assuring that the country’s new tax reforms will usher in greater prosperity and inclusivity. According to a statement sent to News Point Nigeria by the Special Adviser to the President on Information and Strategy, Bayo Onanuga, the President made the remarks on Tuesday in Abuja during the commissioning of the 16-storey headquarters of the Nigeria Revenue Service (NRS), where he emphasised that the newly introduced tax system is designed to be people-centred and investment-friendly, in line with the…
THE Special Assistant to the President on Social Media, Dada Olusegun, has defended the Nigerian military over the controversial airstrike on Jilli village market near the Borno–Yobe border, stating that anyone engaging in business with terrorists constitutes a legitimate military target. News Point Nigeria reports that Olusegun made the remark in a post on X on Monday while reacting to a tweet by radio broadcaster Osasu Suave, who had questioned whether images circulating online actually depicted a market. The broadcaster had written, “For once, look at this image again. Does this look like a market to you?” In response, Olusegun…
VICE President Kashim Shettima visited Maiduguri, the Borno State capital, on Saturday to commiserate with the Nigerian Army and the state government over the recent attack on military personnel in Benisheikh. The attack had left several officers and soldiers dead, including Brigadier General Oseni Braimah. News Point Nigeria reports that Shettima was received by the Theatre Commander, Major General Abdulsalam Abubakar, among other top government functionaries in the state. He said that the heart of President Bola Tinubu bleeds with the bereaved families of those who lost their lives. “On behalf of the President I wish to convey our deep…
PRESIDENT Bola Ahmed Tinubu has acknowledged the growing hardship facing Nigerians due to rising fuel prices, while urging citizens to remain hopeful, stressing that the country is still better positioned compared to some others. News Point Nigeria reports that the President made the remarks on Friday during a visit to Bayelsa State, where he inaugurated a number of projects. Addressing concerns about the current economic situation, Tinubu admitted the impact of rising fuel costs on citizens but encouraged a perspective of resilience. “I hear you from various angles of the economy. The fuel price is biting hard, but look around,…
VICE President Kashim Shettima has assured Nigerians of better days ahead under the Renewed Hope Agenda of President Bola Ahmed Tinubu, saying the present difficulties are only temporary. News Point Nigeria reports that in his Easter message to Nigerians, the Vice President expressed optimism that the country will overcome its current economic and security challenges. “Easter is a reminder that history often bends in favour of those who refuse to surrender to despair. It is the story of light piercing through darkness, of hope rising from the shadows of pain, and of faith prevailing over fear,” Shettima said. He restated…
PRESIDENT Bola Ahmed Tinubu has called on Nigerians to remain united, resilient, and hopeful despite prevailing economic and security challenges, assuring that his administration is making steady progress toward national recovery and prosperity. In his 2026 Easter message sent to News Point Nigeria on Friday, the President extended warm greetings to Christians across Nigeria and the world, noting that the season symbolises sacrifice, redemption, and the triumph of hope over adversity. Tinubu said the Easter celebration, which commemorates the crucifixion and resurrection of Jesus Christ, offers a powerful reminder of the redemptive power of sacrifice and faith. According to him,…