At the Africa CEO Forum, President Bola Ahmed Tinubu delivered a robust defense of his administration’s economic reforms, insisting that the painful measures introduced since he assumed office were necessary to rescue Nigeria from fiscal collapse and place the country on a sustainable path to growth. Speaking before business leaders and policymakers, Tinubu acknowledged the hardship caused by the removal of fuel subsidies and the liberalization of the naira but maintained that the reforms were unavoidable. According to the president, continuing subsidy payments would have amounted to “spending the future generations’ endowment before they were born.” He argued that subsidies…
Author: Akanji Michael
Tinubu Hails Push for Private Capital as IFC Commits Mission to Nigeria The International Finance Corporation (IFC) has announced plans to immediately dispatch a mission to Nigeria to explore scalable investment opportunities capable of unlocking private capital in key sectors of the economy, including livestock, energy, and housing. The announcement was made on Thursday in Kigali, Rwanda, by IFC Managing Director Makhtar Diop during a meeting with President Bola Ahmed Tinubu on the sidelines of the 13th Africa CEO Summit. Diop led a high-level IFC delegation that included Ethiopis Tafara, Regional Vice President for Africa, and Dahlia Khalifa, IFC Director…
Nigeria intensified its campaign to attract investment and deepen regional economic cooperation during high-level engagements at the Africa CEO Forum, according to comments by Minister of Finance representative and fiscal policy expert, Taiwo Oyedele. Speaking after meetings involving President Bola Ahmed Tinubu and African leaders, Oyedele described the Nigerian President as the country’s “chief marketer,” emphasizing his active role in promoting Nigeria’s economic potential on the global stage. He said discussions at the forum centered largely on attracting investment into key sectors of the economy, particularly power, mining, infrastructure, and private enterprise development. According to Oyedele, the engagements highlighted Nigeria’s…
President Bola Ahmed Tinubu intensified Nigeria’s economic diplomacy drive at the ongoing Africa CEO Forum in Kigali, holding a series of high-level bilateral meetings focused on attracting strategic investments into critical sectors of the Nigerian economy. Speaking after the engagements, the Special Adviser to the President on Media and Public Communications, Mr. Sunday Dare, described the President’s schedule as “eventful and highly productive,” noting that the meetings reinforced growing international confidence in Nigeria’s reform agenda. According to Dare, President Tinubu actively participated in the forum’s plenary session alongside global financial leaders, including top executives from the International Finance Corporation (IFC),…
President Bola Ahmed Tinubu has called for a comprehensive reform of the global financial architecture to support Africa’s industrialisation and economic growth. Speaking at the Africa Forward Summit in Nairobi, Kenya, President Tinubu argued that the current international financial system places African nations at a disadvantage by limiting access to affordable capital and increasing borrowing costs. The summit, co-hosted by French President Emmanuel Macron and Kenyan President William Ruto, brought together leaders, diplomats, and business executives from more than 30 countries to discuss Africa’s economic future and global partnerships. At the summit, President Tinubu highlighted Nigeria’s commitment to economic reforms…
President Bola Tinubu has delivered laudable transformational projects in the Northern part of the country in line with his campaign promise to the people of the North, the Renewed Hope Ambassador has declared. This is against the backdrop of insinuations in some quarters that President Tinubu has not kept his promise to the North. In a statement issued over the weekend after the conclusion of a media tour of the Federal Government’s projects in the Northwest geopolitical zone by the Renewed Hope Ambassadors in collaboration with the Presidential Media Team, the RHA said the Tinubu administration has kept faith…
Vice President Kashim Shettima on Thursday submitted President Bola Tinubu’s nomination and expression of interest forms for the 2027 presidential election under the ruling All Progressives Congress (APC). The submission took place at the Bola Tinubu International Conference Centre in Abuja and was witnessed by senior APC figures, including Speaker of the House of Representatives Tajudeen Abbas, APC National Chairman Nentawe Yilwatda, several governors, and other party leaders. Earlier, House of Representatives member James Faleke, who represents Ikeja Federal Constituency, had collected the APC nomination and expression of interest forms on behalf of the President as part of preparations for…
The National Working Committee (NWC) of the All Progressives Congress (APC) has reaffirmed its strong confidence in President Bola Ahmed Tinubu by approving a waiver of screening requirements ahead of the party’s upcoming primary elections. At its 188th meeting held in Abuja, the NWC resolved to grant the waiver in line with its constitutional mandate, effectively deeming President Tinubu as duly screened and eligible to participate in the primaries. The decision reflects both procedural continuity and the party’s recognition of the President’s leadership. Citing its powers under Article 13.4 (xiii) and (xiv) of the APC Constitution, the NWC emphasized that…
President Bola Ahmed Tinubu has reinforced Nigeria’s economic reform trajectory during a strategic engagement with leading global investors in Paris, France, highlighting his administration’s commitment to transparency, fiscal discipline, and sustainable growth. At the session, the Honourable Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, presented strong macroeconomic indicators, noting that Nigeria achieved an impressive 11.2% GDP growth in dollar terms in 2025. He described this performance as a key milestone in the administration’s roadmap toward building a $1 trillion economy by 2030. Oyedele emphasised that the administration’s immediate priority is to translate structural reforms into measurable…
The First Lady of Nigeria, Oluremi Tinubu, on Tuesday attended the National Women Mega Empowerment and Rally held at Moshood Abiola Stadium, Abuja. The event brought together a large gathering of women from across the country and focused on empowerment, national development, and increased female participation in governance. In her address, the First Lady emphasized the critical role of women in national development, noting that women constitute over 50 percent of Nigeria’s population and therefore hold significant influence in shaping the country’s future. She highlighted the importance of empowering women to make informed decisions, stating that such empowerment would positively…