By Dada Olusegun President Bola Tinubu on Friday rounded off his official visit to China with his trip to the world’s 2nd largest economy ending with very significant and mouthwatering gains for Nigeria. It was obvious that the President was looking forward to a trip heavy on deals that would impact on Nigeria’s quest to improve our infrastructure, agriculture, power, solid minerals etc judging by the public officials in his official entourage. From the Finance Minister/Coordinating Minister of the Economy, the Minister of Trade and Investment, the Minister of Solid Minerals, Minister of Power, FCT Minister, Minister of Defence, Minister…
Author: Michael Chibuzo
President Bola Tinubu has accepted the application seeking an indefinite leave of absence from his Special Adviser on Media and Publicity, Chief Ajuri Ngelale over health and personal reasons. A State house press statement said, “the President has received the memo from Chief Ajuri Ngelale, Special Adviser to the President on Media & Publicity and Official Spokesperson of the President as well as Special Presidential Envoy on Climate Action, informing of his decision to proceed on an indefinite leave of absence for personal and health reasons.” According to the statement, the President accepted Ajuri Ngelale’s reasons for the leave, fully…
In a landmark event chaired by the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun that heralds a new era of economic cooperation, Nigeria and China have reaffirmed their commitment to deepening economic cooperation, strengthening bilateral ties and fostering sustainable development. The inaugural China-Nigeria Economic Cooperation and Trade Conference, held alongside the 2024 Forum on China-Africa Cooperation (FOCAC), has set the stage for unprecedented collaboration and growth between the two countries. In his keynote address, the Honourable Minister underscored the significance of South-South cooperation, highlighting its pivotal role in Nigeria’s sustainable development goals. As chair…
The Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale has stepped down from his role as President Bola Tinubu’s chief spokesman. This is contained in a letter he submitted to the Chief of Staff to the President, Rt. Hon. Femi Gbajabiamila on Friday. Speaking on his decision, Ajuri said, “on Friday, I submitted a memo to the Chief of Staff to the President informing my office that I am proceeding on an indefinite leave of absence to frontally deal with medical matters presently affecting my immediate, nuclear family.” “While I fully appreciate that the ship of…
In the wake of the palace coup by some stakeholders of the Labour Party, which saw the appointment of a National Caretaker Committee chaired by former Finance Minister, Mrs. Esther Nenadi Usman to replace the party’s National Working Committee led by Julius Abure, the stage is set for a messy fight for the soul of the party. On Wednesday, during an Expanded Stakeholders Meeting of the Labour Party at the Banquet Hall of the Abia State government house in Umuahia, many stakeholders of the Party approved the constitution of a 29-member Caretaker Committee to oversee the affairs of the Labour…
The Nigerian National Petroleum Company (NNPC) Limited has revealed that it is going to supply Dangote Refinery with over 17.6 million barrels of crude oil between September and October. The Executive Vice-President, (Downstream) of NNPC, Adedapo Segun made this known in an interview on Arise TV on Thursday. Adedapo Segun who said the move is part of the federal government’s push to drive local production of petroleum products, added that so far, the NNPC Ltd has so far supplied 30 million barrels of crude oil to Dangote Refinery. “This month alone, we will be providing 6.3 million barrels of crude…
President Bola Tinubu on Thursday in Beijing, China, emphasized the importance of global collaboration in achieving shared progress and prosperity. Speaking at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) at the Great Hall of the People in Beijing, President Tinubu highlighted the success of the China-Africa partnership as a model for sustainable development and shared prosperity. He noted that the partnership is driven by a bold vision for the future and that by working together, Africa and China can unlock unprecedented levels of growth and development for their nations. The President said cooperation…
The Democratic Front (TDF) has said that President Bola Tinubu did not betray or deceive the Nigeria Labour Congress (NLC) on fuel price in arriving at the N70, 000 minimum wage. TDF added that Labour and government mutually negotiated and agreed on the minimum wage. In a statement signed by the Chairman Mallam Danjuma Muhammad and Secretary Wale Adedayo, TDF maintained that the President could not have been emphatic and decisive on the pump price of fuel in a deregulated market. TDF said: “Once again, we are disappointed with the often repeated wrong postulations of the Joe Ajaero-led Nigerian Labour…
President Bola Tinubu and Chinese President Xi Jinping, on Tuesday in Beijing, China, announced the elevation of Nigeria-China ties to that of a comprehensive strategic partnership. The leaders also agreed to build a high-level Nigeria-China community with a shared future. This was the outcome of talks between the two leaders during President Tinubu’s official visit to China. President Tinubu’s official visit precedes his participation in the 2024 Summit of the Forum on China-Africa Cooperation, scheduled to hold from September 4-6, 2024. ”This is an important visit for Nigeria and the rest of Africa, as I arrive in my capacity as…
Billionaire businessman and Chairman of FBN Holdings, Femi Otedola has advised petrol depot owners in the country to dismantle their fuel depots and sell them as scraps following the commencement of PMS production and commercial sale by the Dangote Refinery. Femi Otedola made this statement in a post on his X handle where he congratulated Aliko Dangote on the commencement of petrol production at his refinery – a major milestone which has been anticipated by many Nigerians. He described the milestone as a “monumental achievement” under President Bola Tinubu’s administration. Otedola recalled his efforts alongside Aliko Dangote to invest in…