PRESIDENT Bola Tinubu has commended the flourishing economic partnership between Africa and China which has seen trade between the two parties reaching an estimated 280 billion US dollars. The Nigerian leader was speaking during the opening ceremony of the 2024 summit of the Forum on China-Africa Cooperation taking place in Beijing, China. Tinubu said despite global challenges, the partnership has remained firm. He also emphasized the importance of maintaining the momentum in order to deepen the partnership for the mutual benefit of both regions. “A landmark of our relationship came in the year 2000 with the establishment of the FOCAC.…
Author: Abdullahi Maitama Sani
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A PERFORMANCE report by OrderPaper, Nigeria’s parliamentary monitoring organisation, has revealed that 15 senators and 149 members of the House of Representatives did not sponsor any bills in the first year of the 10th National Assembly. The report, released in Abuja by Oke Epia, Executive Director of OrderPaper, highlighted a legislative output of just 77 bills passed out of 1,442 introduced between June 2023 and May 2024. The senators identified by the report to have sponsored no bills include Amos Yohanna (PDP, Adamawa North), Victor Umeh (LP, Anambra Central), Samaila Kaila (PDP, Bauchi North). Others are; Abdul Ningi (PDP, Bauchi…
STATES affected by the recent flood disasters across the country have received the sum of N3 billion from the Federal Government meant to cushion the effects of the sufferings of their citizens. This was disclosed on Wednesday at the National Economic Council Meeting held at the State House in Abuja. The meeting chaired by Vice President Kashim Shettima was attended by governors and deputy governors from across the country and some Ministers. The co-chair of the Bills and Belinda Gates Foundation, Bills Gate and the President of Dangote Industries Limited, Aliko Dangote were also present to make presentations. Briefing State…
GOVERNORS under the platform of the Peoples Democratic Party (PDP) have urged security agencies to note the “threats” by the Minister of the Federal Capital Territory (FCT), Nyesom Wike, to cause political crises in the state of any governor who tries to interfere in the affairs of the PDP in Rivers State. Wike in Port Harcourt on Saturday had said “I hear some governors who say they will take over the structure and give back to somebody, I pity those governors because I will put fire in their states“. In a statement, the Director General of the PDP Governors’ Forum,…
PRESIDENTIAL aide, Bayo Onanuga, says the Nigerian National Petroleum Company Limited (NNPCL) admitted to having financial constraints because it can no longer subsidise petrol. Onanugu, the Special Adviser on Information and Strategy to President Bola Tinubu, disclosed this in a post on X late Tuesday. He said if the NNPCL continues to pay the difference between the landing cost and petrol price, the national oil company will go bankrupt. Onanuga said NNPC’s debt was a result of the company’s efforts to absorb rising petrol costs and protect Nigerian consumers, rather than any government deception. “NNPC cried out recently because it…
PRESIDENT Bola Tinubu on Tuesday met with his Chinese counterpart, Xi Jinping, in Beijing, China. Disclosing this in a statement, the Special Adviser to the President on Media and Publicity, Ajuri Ngelale, said both leaders announced the elevation of Nigeria-China ties to that of a comprehensive strategic partnership. According to the statement, the duo agreed to build a high-level Nigeria-China community with a shared future. “This is an important visit for Nigeria and the rest of Africa, as I arrive in my capacity as the Chairman of ECOWAS. I thank you for the high-level of honour accorded to us,” Tinubu…
PRESIDENT Bola Tinubu is not taking the nation’s security challenges lightly, Vice President Shettima has said. Shettima stated this on Monday while receiving the leadership of the News Agency of Nigeria at the Presidential Villa. “The security situation in the nation is something that the President is very much interested in and is not taking it lightly,” the Vice President was quoted in a statement by his spokesman, Stanley Nkwocha. “The international lecture NAN is organising is very timely, especially on the issue of insecurity in the Sahel.” He called for regional and collective efforts to address the insecurity in…
PRESIDENT Bola Tinubu has approved the appointment of former Finance Minister, Dr Mansur Mukhtar as Board Chairman, Bank of Industry. This was disclosed in a statement by the Special Adviser, Media and Publicity to the President, Ajuri Ngelale, Monday. According to the statement, “the President expects the new board of the Bank of Industry to work harmoniously, diligently, and with utmost fidelity to the nation.” See full statement below: STATE HOUSE PRESS RELEASE PRESIDENT TINUBU APPOINTS NEW BOARD OF THE BANK OF INDUSTRY President Bola Tinubu has approved the appointment of the following qualified Nigerians to the board of the…
THE Nigeria Police Force has declared a British national, Andrew Wynne, and a Nigerian, Lucky Obiyan, wanted for allegedly plotting to overthrow the democratically elected government of President Bola Tinubu. Addressing journalists in Abuja on Monday, the Force spokesperson, Muyiwa Adejobi, accused the British national of building a network of sleeper cells to cause chaos and topple the government. He said, “The Nigeria Police Force has launched a comprehensive investigation into the activities of foreign national and subversive elements plotting to undermine the democratically elected government in Nigeria through unconstitutional regime change and orchestrating violence across the country. “Following extensive…
THE trial of nationwide protesters will begin in Abuja, Kano, Kaduna and Borno today, the Deputy Inspector-General of Police, Intelligence, Dasuki Galadanchi, has disclosed. The DIG disclosed this at the just-ended Annual General Conference of the Nigerian Bar Association (NBA). He said those to be charged to court today were 126 suspects who were arrested for waving the Russian flag and demanding regime change during the protest, which snowballed into violence that resulted in deaths and looting of private and public assets in some states. A human rights lawyer, Femi Falana, will lead other lawyers to defend the protesters before…
NNPC Ltd. has acknowledged recent reports in national newspapers regarding the company’s significant debt to petrol suppliers. According to a statement by Chief Corporate Communications Officer of NNPC Ltd, Olufemi Soneye, Sunday, this financial strain has placed considerable pressure on the Company and poses a threat to the sustainability of fuel supply. “In line with the Petroleum Industry Act (PIA), NNPC Ltd. remains dedicated to its role as the supplier of last resort, ensuring national energy security”, the statement read in part. See full statement below: PRESS RELEASE NNPC Ltd Faces Financial Strain Due to PMS Supply Costs, Impacting Supply…
STRONG indications have emerged that President Bola Tinubu is planning to rejig his cabinet to ease out underperforming ministers and aides. Tinubu has been facing increasing pressure from within and outside his party, the All Progressives Congress, to sack ministers some of whom appeared to have been inactive. The President had last year set up the Result and Delivery Unit, headed by the Special Adviser to the President on Policy Coordination, Mrs Hadiza Bala-Usman, to measure the performance of ministers and other top government officials serving in his administration. He warned that any minister or aide that underperformed would be…
A GROUP of Polish students who were arrested in Nigeria have been released, the foreign ministry in Warsaw said on Wednesday. Nigeria said earlier this month that it had arrested seven Polish nationals for raising Russian flags during anti-government protests in the northern state of Kano. Following their arrest, a Polish foreign ministry spokesperson rejected the accusation that they were waving the flags and said they were merely in the vicinity of the protest. “The Polish students have been released and are in Kano,” the Polish foreign ministry said in a post on social media platform X. “Thank you to…
PRESIDENT Bola Tinubu has appointed Rotimi Akinde and Ifeoma Uz’Okpala as Executive Director, Corporate Finance & Risk Management and Executive Director of, Large Enterprises Directorate respectively to the Bank of Industry (BOI). In a statement on Tuesday, a spokesman for the bank, Theodora Amechi, said the appointments take immediate effect. Akinde is a finance professional with over 20 years of Investment and Corporate Banking experience and an extensive track record covering capital raising (Debt, Equities and Hybrids) as well as Corporate Finance (Mergers & Acquisitions, Privatization Advisory and Project Finance). Before joining the Bank of Industry, he was an Associate…
PRESIDENT Bola Tinubu will soon present the whistleblowing policy to the National Assembly for legislative action. This is according to the Minister of Finance and Coordinating Minister of the Economy, Wale Edun. He disclosed this on Wednesday in Abuja during a meeting tagged “Implementing the whistle-blowing policy in Nigeria issues, challenges and the way forward.” Edun explained that the Federal Government expects the support of Nigerians in making the policy work towards enhancing transparency and accountability. “The policy does provide mechanisms for protection and it is our duty to uphold these provisions and support those who come forward in the…
THE Nigeria Labour Congress (NLC) president, Joe Ajaero, will appear before the Nigeria Police Today for questioning. The development followed after the August 19 invitation over alleged criminal conspiracy, terrorism financing, treasonable felony, subversion, and cybercrime. The development followed a formal invitation from the police on 19 August 2024 over alleged criminal conspiracy, terrorism financing, treasonable felony, subversion, and cybercrime. Ajaero, accompanied by fellow labour leaders and NLC legal representatives, is expected at the IRT Complex, Old Abattoir by Guzape Junction, Abuja, by 10am. The invitation has raised concerns among both national and international civil rights groups, particularly regarding the…
FEMI Gbajabiamila, the Chief Of Staff to President Bola Tinubu, says there is no timeline yet for the implementation of the Steve Oronsaye’s Report. He stated this on Tuesday during an interview after an official visit to the headquarters of the Nigeria Extractive Industries Transparency Initiative (NEITI) in Abuja. Gbajabiamila, a former Speaker of the House of Representatives, debunked claims of the report being stalled. He said the Federal Government is working out all necessary modalities to ensure a smooth run of the policy when implemented. There were some motions without movement on the 12-year-old report during ex-President Muhammadu Buhari’s…
ONE week after returning from a trip to France, President Bola Ahmed Tinubu is preparing for a trip to the Peoples Republic of China. According to Ajuri Ngelale, Special Adviser to the President on Media and Publicity, the Chinese at the Presidential Villa on Tuesday. Addressing a press conference, Ngelale said the China engagement which is expected to take place in the first week of September is part of the efforts of the present administration to uplift the wellbeing of Nigerians. In China, Tinubu is expected to meet with President Xi Jinping of China where Some Memorandum of Understanding (MoU)…
PRESIDENT Bola Tinubu has appointed Adeola Oluwatosin Ajayi, as the new Director-General of the DSS.. Ajayi replaces former DG, Yusuf Magaji Bichi, who was appointed to the position by former President Muhammadu Buhari. The appointment of Ajayi was disclosed in a statement by the media aide to President Tinubu, Ajuri Ngelale, on Monday. The President also appointed Ambassador Mohammed Mohammed is the new Director-General of the NIA. Mohammed’s appointment follows former NIA DG, Ahmed Rufai Abubakar‘s voluntary resignation a few days ago. See full statement below: STATE HOUSE PRESS RELEASE PRESIDENT TINUBU APPOINTS NEW DIRECTORS-GENERAL OF NIA, DSS President Bola…
A FEDERAL High Court in Abuja has frozen the bank accounts of 32 individuals and companies’ linked to the 10-day #EndBadGovernance Protest organised across the country pending investigation and prosecution of the case. Justice Emeka Nwite, in a ruling on the ex-parte motion moved by counsel for the Inspector-General of Police, Ibrahim Mohammed, also ordered the banks to apprehend the account holders or any person transacting business on the said accounts. Mr Nwite, who granted the motion dated and filed on August 20, directed the banks to contact the Nigeria Police Force through the telephone numbers: 08035179870 and 07032449912 as…