The Lagos Chamber of Commerce and Industry has expressed concerns over the Federal Government’s plan to borrow $2.2 billion, warning of potential debt sustainability issues and impacts on infrastructure. In a statement on Friday, the chamber said there was a need to diversify funding sources beyond debt financing. Its director-general, Chinyere Almona, said the…
By Dada Olusegun Since President Bola Tinubu transmitted four executive bills tagged #TaxReformBills to the national assembly last month, many needless controversies have engulfed the debate around the bill. Most of these controversies are simply borne out of inability of those flaming the controversies to carefully go through the contents of the bills currently before…
President Bola Tinubu has conferred the Grand Commander of the Order of the Niger (GCON) on Indian Prime Minister Narendra Modi. This honor was conferred on him on Sunday during a bilateral meeting in Aso Rock. “The honour is to signify our appreciation of India as Nigeria’s partner,” Tinubu said. President Tinubu received Indian Prime…
The Federal Government is seeking a $5 billion trade loan from Saudi Arabia to boost capital for its economic reform programme. The presidency announced this in a statement on Tuesday, following President Bola Tinubu’s meeting with Crown Prince Mohammed bin Salman in Riyadh during the joint Arab-Islamic summit. No further details about the facility…
President Bola Ahmed Tinubu, on Monday in Lagos, celebrated the serving Overseer of the Citadel Global Community Church, Pastor Tunde Bakare, on his 70th birthday anniversary, describing him as a true man of God whose leadership role was worthy of celebration. Pastor Bakare, who clocked 70 years on Monday, was celebrated at the premises…
The Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to stop the minister of the Federal Capital Territory (FCT), Nyesom Wike and 36 governors from usurping the authority and responsibilities of the National Judicial Council (NJC) and heads of court through giving cars and houses to judges. SERAP said such practices are…
President Bola Ahmed Tinubu will depart Abuja on Sunday for Riyadh, Saudi Arabia, to attend the Joint Arab-Islamic Summit, which will focus on the current situation in the Middle East. This was stated in a press release issued on Saturday by Bayo Onanuga, the Special Adviser to the President on Information & Strategy. The statement…
President Bola Tinubu has ordered the immediate release of all minors arrested and detained in connection with the #EndBadGovernance protest. The Minister of Information and National Orientation, Mohammed Idris, made the announcement during a briefing with State House correspondents on Monday. Idris stated that the President has instructed the Attorney-General of the Federation, Lateef Fagbemi,…
President Bola Tinubu has ordered the immediate release of all minors arrested and detained in connection with the #EndBadGovernance protest. The Minister of Information and National Orientation, Mohammed Idris, made the announcement during a briefing with State House correspondents on Monday. Idris stated that the President has instructed the Attorney-General of the Federation, Lateef…
President Bola Tinubu has sworn in seven newly appointed Ministers in a ceremony held at the council chamber of Aso Rock Villa on Monday. Monday’s swearing-in came days after their nomination and subsequent confirmation by the Senate. The new cabinet members took the oath of office in two batches, four in the first batch and…
