-
National News
COP28: Tinubu meets King Charles III, discusses climate challenges
Ahead of the COP28 Climate Summit, President Tinubu has met with King Charles III of the United Kingdom (UK) in the United Arab Emirates. The two leaders met and talked about the significant climate challenges that African economies face and how more could be done to jointly mitigate them, according to a series of posts made on Thursday via the…
Read More » -
National News
2024 budget: Tinubu presents N27.50tn, says job creation poverty reduction top priority
President Bola Tinubu says Nigeria’s national defence and internal security, local job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction, and social security are some of the top priorities of the 2024 Budget of Renewed Hope. Addressing a joint session of the National Assembly on the 2024 Federal budget proposal on Wednesday in Abuja, President Tinubu said…
Read More » -
National News
Difficult times temporary, Tinubu tells Nigerians says trillion dollar economy is highly possible
President Bola Tinubu has said leveraging the nation’s population and resources, with main focus on unleashing Nigeria’s full economic potential, his administration’s Renewed Hope Agenda can build a trillion-dollar economy within the next decade. This, the President noted, can be further facilitated by ongoing efforts on job creation, access to capital for small and large businesses, inclusiveness, the rule of…
Read More » -
National News
Tinubu to attend COP28 climate summit in Dubia
President Bola Tinubu will, on Wednesday, depart Abuja for Dubai, United Arab Emirates, to attend the COP28 Climate Summit, also known as the 28th United Nations Climate Change Conference, or Conference of the Parties of the UNFCCC (COP28). At the World Leaders’ Summit, which takes place on December 1 and 2, 2023, under the theme, “Unite, Act, and Deliver,” President…
Read More » -
Economy
Air Nigeria: How ex-aviation Minister, Hadi Sirika almost created a monopoly for Ethiopian Airline – Keyamo
The Minister of Aviation and Aerospace Development, Festus Keyamo, has revealed how his predecessor, Hadi Sirika, attempted to create a free economic advantage for the Ethiopian airline in achieving the National courier, Air Nigeria. Keyamo accused Sirika of signing a controversial agreement with the African air giants in a manner he said would have crashed other local airlines in Nigeria.…
Read More » -
National News
Umahi says palliatives works to begin on bad roads inherited from previous govts
The Minister of Works, Dave Umahi, says the current state of bad roads in many parts of Nigeria were inherited from the previous government. This was stated in a statement he signed on Monday. Umahi, a former governor of Ebonyi state, made this statement in response to articles that referenced The Sun newspaper. A number of notable examples of Nigeria’s…
Read More » -
Economy
Court rulings from Nigeria can affect, foreign investments, Cardoso warns judiciary institutions
The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says that rulings given by a number of Nigerian courts have a direct bearing on foreign direct investment (FDI) into the country. Cardoso revealed this on Monday in Abuja during the 22nd National Seminar for Judges on Banking and Related Topics, which was hosted by the National Judicial Institute…
Read More » -
National News
Hold your LGA chairpersons responsible, let lawmakers focus on legislative duties – Gbajabiamila
Chief of Staff (CoS) to the President, Femi Gbajabiamila, has urged Nigerians to hold their local government chairmen accountable for inadequate social amenities rather than depending on legislators to take such. Gbajabiamila said this on Monday during a capacity-building retreat for the heads of the House of Representatives’ standing committees. He claimed that because lawmakers carry out tasks beyond their…
Read More » -
Economy
FG okays N3bn for airport scanners to replace manual bag search
The Federal Government has approved N3 billion for airport scanners. Minister of Aviation and Aerospace Development, Festus Keyamo, revealed this to State House media on Monday following the Federal Executive Council meeting at the presidential villa. He explained that this is an effort to cut down on the number of agencies who handle the manual luggage checks at airports. He…
Read More » -
National News
BREAKING: FEC approves N27.5tn for 2024 budget
The Federal Executive Council (FEC), on Monday, approved a sum of N27.5 trillion aggregate expenditure for the 2024 Appropriation Bill. The Minister of Budget and Economic Planning, Alhaji Atiku Bagudu, disclosed this to press following the FEC meeting presided over by President Bola Tinubu at the State House in Abuja. He also stated that the targeted revenue for next year…
Read More »